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Annual Review of Resource Economics最新文献

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Soil Degradation in Sub-Saharan Agriculture 撒哈拉以南农业的土壤退化
IF 5.8 2区 经济学
Annual Review of Resource Economics Pub Date : 2026-10-06 DOI: 10.1146/annurev-resource-120524-040548
Julia Berazneva,David Güereña,Annemie Maertens,Hope C. Michelson
{"title":"Soil Degradation in Sub-Saharan Agriculture","authors":"Julia Berazneva,David Güereña,Annemie Maertens,Hope C. Michelson","doi":"10.1146/annurev-resource-120524-040548","DOIUrl":"https://doi.org/10.1146/annurev-resource-120524-040548","url":null,"abstract":"Soil degradation poses a critical challenge to food security, poverty reduction, and sustainable development in Sub-Saharan Africa. In this review, we synthesize economic perspectives on soil degradation in Sub-Saharan Africa. We draw on concepts, measures, and analysis from the biophysical sciences to define soil degradation and present evidence of its extent. We review the drivers of soil degradation and its economic consequences and indicate possible approaches toward remediation. We highlight opportunities for interdisciplinary collaboration to jointly address soil health and rural welfare.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"9 1","pages":"437-463"},"PeriodicalIF":5.8,"publicationDate":"2026-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149090729","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Robert S. Pindyck: Real Options, Optimal Control, and the Pedagogical Legacy of Uncertainty Robert S. Pindyck：实物期权、最优控制和不确定性的教学遗产
IF 5.8 2区 经济学
Annual Review of Resource Economics Pub Date : 2026-10-06 DOI: 10.1146/annurev-resource-120524-040148
Gordon Rausser,David Zilberman
{"title":"Robert S. Pindyck: Real Options, Optimal Control, and the Pedagogical Legacy of Uncertainty","authors":"Gordon Rausser,David Zilberman","doi":"10.1146/annurev-resource-120524-040148","DOIUrl":"https://doi.org/10.1146/annurev-resource-120524-040148","url":null,"abstract":"Robert S. Pindyck, who is the Bank of Tokyo-Mitsubishi Professor in Finance and Economics as well as a professor of applied economics at the Massachusetts Institute of Technology (MIT), has shaped how economists and policymakers analyze investment, energy markets, and climate policy under uncertainty. Beginning with early work in dynamic optimization, he helped migrate option-pricing logic from finance into the economics of “real” decisions (such as entry, exit, and capacity choice) via the real options program developed with Saman Majd and Avinash Dixit. In energy and natural resources, Pindyck's models and empirics clarified interfuel substitution, storage and inventory dynamics, and cartel behavior. In climate economics, he became a prominent critic of the overprecision of integrated assessment models (IAMs), proposing decision frameworks that emphasize deep uncertainty and tail risk while arguing for robust carbon pricing. Equally important is his pedagogical legacy: with Daniel Rubinfeld, Pindyck coauthored two widely used textbooks ( Microeconomics and Econometric Models and Economic Forecasts ) that trained generations in rigorous modeling, identification, forecasting, and market analysis. This article synthesizes his career and research arc, contrasts the Dixit–Pindyck real options approach with the Fisher–Arrow–Henry tradition of quasi-option value, reviews his energy and climate policy contributions, and highlights his influence as a teacher and econometric innovator.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"28 1","pages":"1-9"},"PeriodicalIF":5.8,"publicationDate":"2026-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149092318","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Current State of Carbon Capture, Utilization, and Storage Technologies 碳捕集、利用与封存技术现状
IF 5.8 2区 经济学
Annual Review of Resource Economics Pub Date : 2026-10-06 DOI: 10.1146/annurev-resource-112624-123110
Yanyou Guan,Gordon Rausser,David Zilberman
{"title":"Current State of Carbon Capture, Utilization, and Storage Technologies","authors":"Yanyou Guan,Gordon Rausser,David Zilberman","doi":"10.1146/annurev-resource-112624-123110","DOIUrl":"https://doi.org/10.1146/annurev-resource-112624-123110","url":null,"abstract":"Addressing climate change requires significant efforts toward decarbonization. This review provides a comprehensive technical, economic, and policy assessment of 239 carbon capture, utilization, and storage (CCUS) technologies. Categorizing pathways by application and physicochemical processes, we evaluate technological maturity using Technology Readiness Levels and economic viability via capture costs and the impact of capture on product price. Findings indicate that CCUS technologies are heterogeneous; most currently remain immature and face prohibitive costs, trapping private capital in a wait-and-see dynamic driven by severe risk premiums and externalities. To overcome these market failures, we advocate for a hybrid public-private framework: utilizing early-stage public funding to derisk development and catalyze learning-by-doing, subsequently transitioning to robust carbon pricing mechanisms. Furthermore, we highlight the critical role of international coordination in resolving systemic challenges associated with global externalities, spatial heterogeneity, and the fragmentation of markets, supply chains, and regulatory regimes.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"4 1","pages":"341-365"},"PeriodicalIF":5.8,"publicationDate":"2026-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149090732","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
China's Climate Policies: Climate Targets and Implementation Mechanisms 中国的气候政策：气候目标与实施机制
IF 5.8 2区 经济学
Annual Review of Resource Economics Pub Date : 2026-10-06 DOI: 10.1146/annurev-resource-011724-082835
Yazhen Gong,Min Wang,Jinhua Zhao
{"title":"China's Climate Policies: Climate Targets and Implementation Mechanisms","authors":"Yazhen Gong,Min Wang,Jinhua Zhao","doi":"10.1146/annurev-resource-011724-082835","DOIUrl":"https://doi.org/10.1146/annurev-resource-011724-082835","url":null,"abstract":"China leads the world in both greenhouse gas emissions and renewable energy deployment. In recent years, China has committed to increasingly ambitious climate goals and is on track to meeting these goals. This article provides a systematic review of China's climate policies and their impacts. We argue that China's climate policies can be classified into two components: binding climate-related targets and a mixture of command-and-control and market-based implementation mechanisms. We discuss how the mechanisms have performed and the lessons they offer for the future climate policies of China and other countries.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"25 1","pages":"367-387"},"PeriodicalIF":5.8,"publicationDate":"2026-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149090727","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Artificial Intelligence and the Bioeconomy: Implications for the Annual Review of Resource Economics 人工智能与生物经济：对资源经济学年度评论的启示
IF 5.8 2区 经济学
Annual Review of Resource Economics Pub Date : 2026-10-06 DOI: 10.1146/annurev-resource-060126-044150
Gordon Rausser,David Zilberman
{"title":"Artificial Intelligence and the Bioeconomy: Implications for the Annual Review of Resource Economics","authors":"Gordon Rausser,David Zilberman","doi":"10.1146/annurev-resource-060126-044150","DOIUrl":"https://doi.org/10.1146/annurev-resource-060126-044150","url":null,"abstract":"","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"39 1","pages":"i-xii"},"PeriodicalIF":5.8,"publicationDate":"2026-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149090726","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Innovation and the Governance of Outer Space as a Commons 创新与空间公域治理
IF 5.8 2区 经济学
Annual Review of Resource Economics Pub Date : 2026-08-13 DOI: 10.1146/annurev-resource-102025-033558
Elliot Choi,Gordon Rausser
{"title":"Innovation and the Governance of Outer Space as a Commons","authors":"Elliot Choi,Gordon Rausser","doi":"10.1146/annurev-resource-102025-033558","DOIUrl":"https://doi.org/10.1146/annurev-resource-102025-033558","url":null,"abstract":"The commercialization of outer space has accelerated faster than any other global commons, yet governance remains tethered to static frameworks designed by twentieth-century global institutions and national governments. This article examines how technological innovation endogenously reshapes commons attributes at a pace that destabilizes existing institutional models. Through comparative analysis of six technological domains (space transportation, in-space manufacturing, bioproduction, agriculture, nuclear propulsion and disposal, and satellite services), we identify sector-specific dynamics of congestion, market concentration, and undersupplied public goods. Our framework demonstrates that governance challenges arise less from fixed resource characteristics than from feedback loops between innovation development and institutional design. The findings advance three contributions: a conceptual model of shifting commons attributes, sectoral diagnoses of emerging coordination failures, and prescriptions for adaptive governance architectures, including modular treaties, polycentric arrangements, and public-private partnerships.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"162 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2026-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148893569","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The State of Environmental-Economic Statistics: Puzzle Pieces Waiting to Be Assembled 环境经济统计现状：有待组装的拼图
IF 5.8 2区 经济学
Annual Review of Resource Economics Pub Date : 2026-08-07 DOI: 10.1146/annurev-resource-013024-033026
Eli P. Fenichel,Angel Hsu,Silvia Landa,Yating Ru,Mariana Camacho
{"title":"The State of Environmental-Economic Statistics: Puzzle Pieces Waiting to Be Assembled","authors":"Eli P. Fenichel,Angel Hsu,Silvia Landa,Yating Ru,Mariana Camacho","doi":"10.1146/annurev-resource-013024-033026","DOIUrl":"https://doi.org/10.1146/annurev-resource-013024-033026","url":null,"abstract":"Environmental changes and challenges, such as climate change and nature loss, are increasingly relevant to economic decisions. Evidence-based economic decisions require organized data. So, environmental data need to be organized in a way similar to, and connected with, existing economic data and statistics. Current approaches to environmental-economic statistics and data remain fragmented, despite a variety of efforts to unify them. We review environmental-economic concepts to provide a high-level framework for addressing the primary challenge of organizing existing environmental data within the economic statistical system. We connect environmental-economic statistics to a variety of use cases, focusing on uses aside from benefit-cost analysis and sustainability assessment. We then review and assess the state of existing efforts to organize environmental-economic data and statistics. We conclude with a discussion of emerging tools that can enable a next-generation approach to environmental-economic statistics and ideas about how to accelerate the process or organizing and integrating environmental data into economic statistics.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"9 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2026-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148893542","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Air Quality in Sub-Saharan Africa: Measurement Issues and Empirical Challenges 撒哈拉以南非洲的空气质量：测量问题和经验挑战
IF 5.8 2区 经济学
Annual Review of Resource Economics Pub Date : 2026-08-07 DOI: 10.1146/annurev-resource-120524-040242
Emilia Tjernström
{"title":"Air Quality in Sub-Saharan Africa: Measurement Issues and Empirical Challenges","authors":"Emilia Tjernström","doi":"10.1146/annurev-resource-120524-040242","DOIUrl":"https://doi.org/10.1146/annurev-resource-120524-040242","url":null,"abstract":"Air pollution imposes large and uneven health and productivity costs in sub-Saharan Africa, yet evidence remains limited by severe data constraints. This review synthesizes what economists know about particulate matter exposure in the region, with a focus on measurement, sources, and implications for applied research. I review ground-based, satellite, reanalysis, and hybrid data products, emphasizing how spatially structured measurement error shapes empirical identification. I then assess evidence on health, agriculture, labor, and human capital, highlighting both credible designs and remaining gaps. The review concludes by outlining research strategies that integrate exposure uncertainty into applied economic analysis.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"137 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2026-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148893551","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
India's Agricultural Policy Transitions 印度的农业政策转型
IF 5.8 2区 经济学
Annual Review of Resource Economics Pub Date : 2026-08-05 DOI: 10.1146/annurev-resource-120324-050541
Avinash Kishore, Bharat Ramaswami, Devesh Roy
{"title":"India's Agricultural Policy Transitions","authors":"Avinash Kishore, Bharat Ramaswami, Devesh Roy","doi":"10.1146/annurev-resource-120324-050541","DOIUrl":"https://doi.org/10.1146/annurev-resource-120324-050541","url":null,"abstract":"This review traces the evolution of India's agricultural policy regime, centered on price supports, input subsidies, and complex trade policies that oscillate between protectionism and implicit taxation of farmers. It highlights three interlinked challenges: low farm incomes, poor diet quality, and environmental degradation. The policy architecture that ensures food security constrains the pace of agricultural transformation. Reform requires repurposing subsidies and restoring credibility to trade policy. While the digital infrastructure is in place to begin the shift to smarter subsidies, the political path is risky, as policy must seek credible ways to signal protection of farmer interests. Despite these policy rigidities, economic growth and urbanization continue to drive structural changes in agriculture. Diversification away from cereals, new food value chains, and rising integration with nonfarm employment are the key dynamic forces shaping agricultural outcomes. Future outcomes will depend on policy responses to emerging food value chains and new agricultural technologies.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"345 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2026-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148675354","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Critical Minerals and the Global Supply Chain 关键矿产和全球供应链
IF 5.8 2区 经济学
Annual Review of Resource Economics Pub Date : 2026-07-28 DOI: 10.1146/annurev-resource-112624-125817
Maksym Chepeliev, Eddy Bekkers, Gokul Iyer, Yang Qiu, Krzysztof Wojtowicz, Brinda Yarlagadda, Ayse Nihal Yilmaz
{"title":"Critical Minerals and the Global Supply Chain","authors":"Maksym Chepeliev, Eddy Bekkers, Gokul Iyer, Yang Qiu, Krzysztof Wojtowicz, Brinda Yarlagadda, Ayse Nihal Yilmaz","doi":"10.1146/annurev-resource-112624-125817","DOIUrl":"https://doi.org/10.1146/annurev-resource-112624-125817","url":null,"abstract":"The accelerating global transition toward clean energy, expanding electrification, and rapid advances in artificial intelligence have sharply increased demand for critical minerals. These minerals underpin renewable power generation, energy storage, semiconductor manufacturing, and multiple strategic sectors, yet their supply chains remain highly complex, geographically concentrated, and exposed to significant economic, environmental, and geopolitical risks. This review provides a comprehensive, multi-mineral assessment of current supply chain structures and the forces likely to shape their future evolution. We examine upstream extraction, refining bottlenecks, downstream manufacturing dynamics, and emerging pressures arising from overlapping demand across energy and nonenergy sectors. The analysis highlights key factors influencing supply availability—including long project lead times, coproduction constraints, trade policies, and environmental challenges—and evaluates technological and policy levers that can enhance resilience. We outline core elements required for comprehensive modeling frameworks capable of supporting robust, forward-looking decision-making in the increasingly mineral-intensive global economy.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"7 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2026-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148675355","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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