Constant per capita consumption paths with exhaustible resources and decaying produced capital

被引:7
|
作者
Cheviakov, Alexei F. [2 ]
Hartwick, John [1 ]
机构
[1] Queens Univ, Dept Econ, Kingston, ON K7L 4L8, Canada
[2] Univ Saskatchewan, Dept Math & Stat, Saskatoon, SK S7N 5E6, Canada
关键词
Exhaustible resource; Intertemporal equity; Population increase; Technical progress and radio-active decay in produced capital; POPULATION-GROWTH; CONSTRAINTS;
D O I
10.1016/j.ecolecon.2009.06.011
中图分类号
Q14 [生态学(生物生态学)];
学科分类号
071012 ; 0713 ;
摘要
We introduce decay in produced capital and exogenous technical progress to the recent "Solow Model" of Asheim et al. with population growth and observe the possible collapse of the economy given too high a rate of decay. "Enough" technical progress can restore sustainable per capita consumption. (C) 2009 Elsevier B.V. All rights reserved.
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页码:2969 / 2973
页数:5
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