کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
959118 929143 2007 17 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Constant savings rates and quasi-arithmetic population growth under exhaustible resource constraints
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Constant savings rates and quasi-arithmetic population growth under exhaustible resource constraints
چکیده انگلیسی
In the Dasgupta-Heal-Solow-Stiglitz (DHSS) 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 quasi-arithmetic population growth, then the (gross and net of population growth) savings rates converge asymptotically to constants.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Environmental Economics and Management - Volume 53, Issue 2, March 2007, Pages 213-229
نویسندگان
, , , , ,