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- W208068139 abstract "It has been pointed out in the preceding chapter that the public’s interest in exhaustible resources experienced an enormous upswing at the beginning of the seventies when the world suffered from the oil crisis and when the Report of the Club of Rome was broadly disseminated. Since that time economic theory has been enriched by an abundant literature. We refer to Peterson and Fisher (1977) and Withagen (1981 a) for surveys and to Dasgupta and Heal (1978) for a standard introduction. In view of the origins of the recent interest it is remarkable that, at least in economic theory, the international trade aspect has only received minor attention. Admittedly the Club of Rome put special emphasis on the global resource problem and if one is interested in the problem of how the world as an entity can meet for example the energy scarcity, international markets do not necessarily enter into the analysis. However, the oil crisis revealed the vulnerability of some parts of the world through international trade problems. Nevertheless some work has been done here and it is the objective of this chapter to survey this. Apart from the merits such a survey has on its own by systematically arranging the results obtained thus far, it also provides an opportunity to point at some important questions that are not yet settled, and hence serves as a starting point for further research." @default.
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- W208068139 date "1985-01-01" @default.
- W208068139 modified "2023-09-24" @default.
- W208068139 title "Exhaustible Resources and International Trade, a Survey" @default.
- W208068139 doi "https://doi.org/10.1007/978-3-642-46558-1_2" @default.
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