|
EconStor >
Leuphana Universität Lüneburg >
Institut für Volkswirtschaftslehre, Leuphana Universität Lüneburg >
Working Paper Series in Economics, Leuphana Universität Lüneburg >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/57164
|
| | |
Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Quaas, Martin F. | | en_US |
| dc.contributor.author | | van Soest, Daan | | en_US |
| dc.contributor.author | | Baumgärtner, Stefan | | en_US |
| dc.date.accessioned | | 2011-11-30 | | en_US |
| dc.date.accessioned | | 2012-04-17T12:55:52Z | | - |
| dc.date.available | | 2012-04-17T12:55:52Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/57164 | | - |
| dc.description.abstract | | We study how human preferences affect the resilience of economies that depend on more than one type of natural resources. In particular, we analyze whether the degree of substitutability of natural resources in consumer needs may give rise to multiple steady states and path dependence even when resources are managed optimally. This is a major shift in the interpretation and analysis of resilience, from viewing (limited) resilience as an objective property of the economy-environment system to acknowledging its partially subjective, preference-based character. We find that society tends to be less willing to buffer exogenous shocks if resource goods are complements in consumption than if they are substitutes. Hence, the stronger the complementarity between the various types of resource goods, the less resilient the economy is. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Univ., Inst. für Volkswirtschaftslehre Lüneburg | | en_US |
| dc.relation.ispartofseries | | University of Lüneburg Working Paper Series in Economics 220 | | en_US |
| dc.subject.jel | | C62 | | en_US |
| dc.subject.jel | | O13 | | en_US |
| dc.subject.jel | | Q01 | | en_US |
| dc.subject.jel | | Q20 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | resilience | | en_US |
| dc.subject.keyword | | substitutes and complements | | en_US |
| dc.subject.keyword | | discounting | | en_US |
| dc.subject.keyword | | multiple steady states | | en_US |
| dc.subject.keyword | | natural resources | | en_US |
| dc.subject.keyword | | path dependence | | en_US |
| dc.subject.keyword | | regime shifts | | en_US |
| dc.subject.keyword | | tipping points | | en_US |
| dc.subject.stw | | Steady-State-Wachstum | | en_US |
| dc.subject.stw | | Nachhaltigkeit | | en_US |
| dc.subject.stw | | Natürliche Ressourcen | | en_US |
| dc.subject.stw | | Import | | en_US |
| dc.subject.stw | | Produktsubstitution | | en_US |
| dc.subject.stw | | Komplementärgut | | en_US |
| dc.subject.stw | | Zeitpräferenz | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Complementarity, impatience, and the resilience of natural-dependent economies | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 675822955 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Working Paper Series in Economics, Leuphana Universität Lüneburg
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|