@techreport{Asheim2005Constant,
abstract = {In the Dasgupta-Heal-Solow-Stiglitz model of capital accumulation and resource depletion we
show the following equivalence: If an efficient path has constant (gross and net of population
growth) savings rates, then population growth must be quasi-arithmetic and the path is a
maximin or a classical utilitarian optimum. Conversely, if a path is optimal according to
maximin or classical utilitarianism (with constant elasticity of marginal utility) under
quasiarithmetic population growth, then the (gross and net of population growth) savings rates
converge asymptotically to constants.},
author = {Geir B. Asheim and Wolfgang Buchholz and John M. Hartwick and Tapan Mitra and Cees A. Withagen},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {Q10; Q32; 330; constant savings rate; quasi-arithmetic population growth; Sparquote; Bev\"{o}lkerungswachstum; Kapitalbilanz; Nat\"{u}rliche Ressourcen; Wachstumstheorie},
language = {eng},
number = {1573},
title = {Constant savings rates and quasi-arithmetic population growth under exhaustible resource constraints},
type = {CESifo working papers},
url = {http://hdl.handle.net/10419/19037},
year = {2005}
}