Výsledky vyhledávání - "Kenneth S. Lyon"

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The Long-Term Adequacy of World Timber Supply

Projecting modest future growth for both prices and harvest levels, this study, first published in 1990, provides theoretical and empirical justification for challenging the conventional wisdom that real timber prices will rise for the indefinite fut

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A Dynamic General Equilibrium Model of Food and Energy Crop

Autor: Aerwadee Premashthira, Kenneth S. Lyon

Publikováno v: Applied Economics Journal. 19(2):18-36

This essay develops a dynamic general equilibrium model of an energy crop. The model can guide policy to resolve the ‘food or fuel’ dilemma. Data from Thailand were employed in calibrating the model, with cassava as the energy crop. The stationar

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=od_______645::bb3891468823a62495544bad929c7b94
http://www.journal.eco.ku.ac.th/upload/document/eng/20121244103644.pdf

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NONRENEWABLE RESOURCE EXTRACTIONS WITH A POLLUTION SIDE EFFECT: A COMPARATIVE DYNAMIC ANALYSIS

Autor: Kenneth S. Lyon, Dug Man Lee

Publikováno v: Economic Research Institute Study Papers

In this paper, we present a nonrenewable resource model including environmental pollution as a state variable. The model is analyzed to identify some of the characteristics of the optimal paths. In addition, we present a numerical example on the basi

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::891e4e71533fd9342107c5b09fa55435
https://doi.org/10.1111/j.1939-7445.2004.tb00142.x

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OPTIMAL DISCOUNTING IN CONTROL PROBLEMS THAT SPAN MULTIPLE GENERATIONS

Autor: Kenneth S. Lyon, Frank Caliendo

Publikováno v: Economic Research Institute Study Papers

The principal contribution of this paper is the linking together of separate control problems across multiple generations using the bequest motive, intergenerational altruism, rational expectations, and solution boundary conditions. We demonstrate th

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::79c4b2d9c7ecdc69d9808b6a0a71cf78
https://doi.org/10.1111/j.1939-7445.2005.tb00157.x

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THE COSTATE VARIABLE IN NATURAL RESOURCE OPTIMAL CONTROL PROBLEMS

Autor: Kenneth S. Lyon

Publikováno v: Natural Resource Modeling. 12:413-426

In this paper we discuss the role of the costate variable (shadow value) for the resource stock in both nonrenewable and renewable resource problems. We separate the information in this variable into a scarcity and a cost effect. The scarcity effect

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::8f44a20e2b556f9657bd6be27f609d4f
https://doi.org/10.1111/j.1939-7445.1999.tb00020.x

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OPTIMAL DISCOUNTING OF BENEFITS FROM CLEANUP AT WASTE SITES

Autor: Frank Caliendo, Kenneth S. Lyon

Publikováno v: Natural Resource Modeling. 21:285-313

This paper uses a general equilibrium optimal growth model to discuss the role of optimal discounting of future benefits from cleanup at high-level toxic waste sites. Cleanup simultaneously generates two streams of benefits. One of these is directly

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::616aafba4b71946f79f34f52517b8b43
https://doi.org/10.1111/j.1939-7445.2008.00005.x

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