Untested Hypotheses in Non-Renewable Resource Economics
Authors:
Cees Withagen
Affiliation:
(1) Department of Economics and Tinbergen Institute, Free University Amsterdam, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands;;(2) Department of Economics and CentER, Tilburg University, 5000 LE Tilburg, The Netherlands
Abstract:
The present paper reviews the literature on the empirical implications of the Hotelling rule and suggests directions for further research in this area.