On the theory of optimal depletion of an exhaustible resource: the case of oil in Ghana
2020-06-17 20:34:24 Viewed: 1959 Downloads: 915-
On the theory of optimal depletion of an exhaustible resource: the case of oil in Ghana
Publisher: African Review of Economics and Finance
Pub: 2020-06-17 20:34:24
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This paper develops a ...
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Keywords
optimal extraction path, optimal control, costate variable, production quota, Pigouvian tax
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