The reserves of extracted resources: Historical data |
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| Authors: | Julian L. Simon Guenter Weinrauch Stephen Moore |
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| Affiliation: | (1) College of Business and Management, University of Maryland at College Park, Van Munching Hall, 20742-1815 College Park, Maryland, USA;(2) Cato Institute, 1000 Massachusetts Avenue NW, 20001 Washington, D.C., USA |
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| Abstract: | The available data on known reserves of extracted resources have not previously been tabulated and graphed. In this article we compile the reserves data in one place for the first time. This serves to (1) show the trends in the reserves series, (2) make the series available to others, and (3) place the reserves data in the context of price data for which longer series have been available, and with which they can now be seen to be consistent in both showing increasing availability rather than increasing scarcity. |
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| Keywords: | Resource scarcity Metal prices Economic forecasting |
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