Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/56384 
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dc.contributor.authorMitra, Tapanen
dc.contributor.authorAsheim, Geir B.en
dc.contributor.authorBuchholz, Wolfgangen
dc.contributor.authorWithagen, Cees A.en
dc.date.accessioned2012-03-21-
dc.date.accessioned2012-03-29T09:24:17Z-
dc.date.available2012-03-29T09:24:17Z-
dc.date.issued2012-
dc.identifier.urihttp://hdl.handle.net/10419/56384-
dc.description.abstractThe 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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3758en
dc.subject.jelO10en
dc.subject.jelQ32en
dc.subject.ddc330en
dc.subject.keywordsustainabilityen
dc.subject.keywordmaximinen
dc.subject.stwErschöpfbare Ressourcenen
dc.subject.stwRessourcenökonomiken
dc.subject.stwNachhaltige Entwicklungen
dc.subject.stwMathematische Optimierungen
dc.subject.stwTheorieen
dc.titleCharacterizing the sustainability problem in an exhaustible resource model-
dc.typeWorking Paperen
dc.identifier.ppn68892297Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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