PPA 990 Independent Study on Natural Resource Economics > Reading list

Renewables

Fisheries
  Copeland, Brian R. (1990), "Strategic Enhancement and Destruction of Fisheries in the Presence of International Externalities," Journal of Environmental Economics and Management, 19(3): 212-26.
  Clark, C. W. and G. P. Kirkwood (1986), "Optimal Harvesting of an Uncertain Resource and the Value of Stock Surveys," Journal of Environmental Economics and Management, 13:235-44.
  Clark, C.W., F.H. Clarke and G.R. Munro (1979), "The Optimal Exploitation of Renewable Resource Stocks: Problems of Irreversible Investment," Econometrica, 47:25-49. (One view of what sunk capital does to a fishery.)
Forestry
  Neher, Chapter 2.
  Bowes, Michael E. and John V. Krutilla (1985), "Multiple Use Management of Public Forestlands," in Allen V. Kneese and James Sweeney (eds.), Handbook of Natural Resource and Energy Economics, Vol. 2, North-Holland, pp. 531-570.
  Clawson, Marion (1975), Forests: For Whom and For What? Johns-Hopkins University Press.
  Reed, W. J. (1984), "The Effects of Risk of Fire on the Optimal Rotation of a Forest," Journal of Environmental Economics and Management, 11:180-90. (Effect on the rotation period when the forest might burn down.)
Water
  Neher, Chapter 14.
  Young, Robert A. and Robert H. Haveman (1985), "Economics of Water Resources: A Survey," in Allen V. Kneese and James Sweeney (eds.), Handbook of Natural Resource and Energy Economics, Vol. 2, North-Holland, pp. 465-529.
  Willey, Zach and Tom Graff (1988), "Federal Water Policy in the United States -- An Agenda for Economic and Environmental Reform", Columbia Journa of Environmental Law, 13.
  Mueller, M. J. (1983), "Optimal Groundwater Depletion with Interdependent Nonrenewable and Renewable Resources", Water Resources Research, 19(5):1091-8.
  Gisser, M. and D.A. Sanchez (1980), "Competition versus Optimal Control in Groundwater Pumping," Water Resources Research, 6:638-42. (Shows that for a particular basin in New Mexico, competitive water use is not very far from optimal.)
  Gisser, M. (1983), "Groundwater: Focusing on the Real Issue", Journal of Political Economy, 91:1001-27.
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