Natural Resources: Types, Classification and Scarcity

  • Hanley N
  • Shogren J
  • White B
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Abstract

The term 'resources' covers a multitude of meanings and it is necessary to be very precise about its use in what follows. We also discuss various measures of resource scarcity, introducing some which will be important in Chapters 9 to 11.

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Hanley, N., Shogren, J. F., & White, B. (1997). Natural Resources: Types, Classification and Scarcity. In Environmental Economics in Theory and Practice (pp. 216–226). Macmillan Education UK. https://doi.org/10.1007/978-1-349-24851-3_8

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