Natural Resource Pricing and Rents : An Economic Analysis
2021 ed.
Book Details
Format
Paperback / Softback
Book Series
Contributions to Economics
ISBN-10
3030767558
ISBN-13
9783030767556
Edition
2021 ed.
Publisher
Springer Nature Switzerland AG
Imprint
Springer Nature Switzerland AG
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Aug 6th, 2022
Print length
314 Pages
Ksh 19,800.00
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This book examines the economics of natural resource markets and pricing, as well as the field of natural resource economics in general. It, therefore, is a must-read for everybody interested in a better understanding of resource prices, resource markets, and resource economics.
This book examines the economics of natural resource markets and pricing, as well as the field of natural resource economics in general. It presents the key contributions to this field of research, including the pioneering works and contemporary studies. The book highlights the basic principles and ideas underlying theoretical models of resource pricing.
The models considered in the book underline the fundamental determinants of resource prices and the economic nature of rents for non-renewable and renewable resources. Besides the classical theory of exhaustible resource economics, the book includes several issues that are of high importance for global economic growth, such as the transition to alternative energy and the economics of climate change. The authors also consider the issues of commodity pricing and a resource cartel''s activity that are relevant to the world oil market.
The book provides analytical solutions illustrated with numerical examples. It allows an intuitive understanding of the subject and the model inferences through graphical illustrations and an informal introduction. It, therefore, is a must-read for everybody interested in a better understanding of resource prices, resource markets, and resource economics.
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