TY - JOUR
T1 - General equilibrium and international trade with exhaustible resources
AU - van Geldrop, Jan H.
AU - Withagen, Cees A A M
PY - 1993
Y1 - 1993
N2 - The pricing of raw materials from an exhaustible resource is predominantly analysed within the context of a partial equilibrium. It is argued here that there are good reasons for a general equilibrium analysis. In this paper we present an international trade model with exhaustible resources and characterize the general equilibrium properties. The general perspective adopted leads to new insights compared with a partial equilibrium approach.
AB - The pricing of raw materials from an exhaustible resource is predominantly analysed within the context of a partial equilibrium. It is argued here that there are good reasons for a general equilibrium analysis. In this paper we present an international trade model with exhaustible resources and characterize the general equilibrium properties. The general perspective adopted leads to new insights compared with a partial equilibrium approach.
UR - http://www.scopus.com/inward/record.url?scp=0027739118&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0027739118&partnerID=8YFLogxK
U2 - 10.1016/0022-1996(93)90054-2
DO - 10.1016/0022-1996(93)90054-2
M3 - Article
AN - SCOPUS:0027739118
SN - 0022-1996
VL - 34
SP - 341
EP - 357
JO - Journal of International Economics
JF - Journal of International Economics
IS - 3-4
ER -
