Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/85432 
Year of Publication: 
2000
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 00-012/3
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
Regional economic activities require materials that can be extracteddomestically or imported from other regions. Analysis of optimalpatterns ofcombined economic development and materials use should be discussedinrelation to trade and the environment. A model is presented thatoptimiseslong-term welfare of a 2-region economic system with trade in virginandrecycled materials as well as consumer goods. The only differencebetween theregions concerns the size of their domestic materials resources.Numericaloptimisation experiments show that trade of resources and goodsincreases thecarrying capacity of the regions and their levels of welfare.Furthermore,regions are shown to specialise in certain economic sectors.
Document Type: 
Working Paper

Files in This Item:
File
Size
179.09 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.