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The effect of discount rate and substitute technonoly on depletion of exhaustible resosurces.

By: Material type: TextPublication details: Washington : World Bnak, 1982.Subject(s): Summary: This paper analyses the validity of several well established propositions in the theory of exhaustible resource in the presence of substitutes.
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World bank Staff Working Papers No. 516.

This paper analyses the validity of several well established propositions in the theory of exhaustible resource in the presence of substitutes.

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