Modeling and Measuring Natural Resource Substitution

by Ernst R. Berndt and Barry C. Field

A strategy of natural resource substitution is critical if the nation is to adapt successfully to the emerging reality of resource shortages. The essays collected for the first time in this book provide evidence that economists are rising to the challenge, both in terms of anticipating the issues and developing appropriate methodologies for coping with them. The authors' range of considerations here includes duality principles, flexible function forms,...

• Format: Hardcover
• Language: English
• ISBN: 0262021749
• ISBN13: 9780262021746
• Release Date: January 1981
• Publisher: MIT Press (MA)
• Length: 326 Pages