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Solving a Puzzle: More Nonrenewable Resources Without Higher Prices


Abstract: Economic intuition suggests nonrenewable resources such as metals or fossil fuels become scarcer and more expensive over time. However, a new dataset covering the years 1700 to 2018 indicates otherwise.

Keywords: Energy;

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File(s): File format is text/html https://www.dallasfed.org/research/economics/2019/0827
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Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2019-08-27