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EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/56384
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Mitra, Tapan | | en_US |
| dc.contributor.author | | Asheim, Geir B. | | en_US |
| dc.contributor.author | | Buchholz, Wolfgang | | en_US |
| dc.contributor.author | | Withagen, Cees A. | | en_US |
| dc.date.accessioned | | 2012-03-21 | | en_US |
| dc.date.accessioned | | 2012-03-29T09:24:17Z | | - |
| dc.date.available | | 2012-03-29T09:24:17Z | | - |
| dc.date.issued | | 2012 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/56384 | | - |
| dc.description.abstract | | The Dasgupta-Heal-Solow-Stiglitz model of capital accumulation and resource depletion poses the following sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a complete technological characterization of the sustainability problem in this model without reference to the time path. As a byproduct we show general existence of a maximin optimal path under weaker conditions that those employed in previous work. Our proofs yield new insights into the meaning and significance of Hartwick's reinvestment rule. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper: Resource and Environment Economics 3758 | | en_US |
| dc.subject.jel | | O10 | | en_US |
| dc.subject.jel | | Q32 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | sustainability | | en_US |
| dc.subject.keyword | | maximin | | en_US |
| dc.subject.stw | | Erschöpfbare Ressourcen | | en_US |
| dc.subject.stw | | Ressourcenökonomik | | en_US |
| dc.subject.stw | | Nachhaltige Entwicklung | | en_US |
| dc.subject.stw | | Mathematische Optimierung | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Characterizing the sustainability problem in an exhaustible resource model | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 68892297X | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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