Economic Depreciation, National Income Accounting, And Common Property Resource Management

Found at: https://hdl.handle.net/10535/1281
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Type:	Conference Paper
Author:	Endress, Lee H.; Roumasset, James A.
Conference:	Common Property Conference, the Second Biennial Conference of the International Association for the Study of Common Property
Location:	Winnipeg, Manitoba
Conf. Date:	September 26-29, 1991
Date:	1991
URI:	https://hdl.handle.net/10535/1281
Sector:	General & Multiple Resources
Region:
Subject(s):	common pool resources environment--developing countries natural resources--developing countries IASC
Abstract:	"This paper presents a conceptual framework that we believe will serve as a sound basis for measuring the economic depreciation of natural resources. The framework we propose is founded on a theoretical model of resource depreciation which can be applied to the harvesting of renewable resources in both the steady and in the transition to the steady state, as well as to the extraction of nonrenewable resources. Additionally, the model allows for the planner to determine economic depreciation in the typical case that harvesting or extraction does not conform to an efficient program."

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