کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
986106 934760 2007 23 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Sustainability of an economy with an exhaustible resource: A viable control approach
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی انرژی (عمومی)
پیش نمایش صفحه اول مقاله
Sustainability of an economy with an exhaustible resource: A viable control approach
چکیده انگلیسی

We examine the conditions for the sustainability of a production–consumption system based on the use of an exhaustible natural resource. Instead of studying the environmental and economic interactions in terms of optimal control, we focus on the viability of the system, defined by a set of constraints combining guaranteed consumption and a stock of resources to be preserved at all times, which refers to a Rawlsian intergenerational equity perspective. Using the mathematical concept of viability kernel, which makes it possible to deal with the consistency between constraints and controlled dynamics, we exhibit the sustainable technological configurations and, whenever possible, the policy options and environmental-economic states required to obtain a perennial system. We point out the flexibility of the sustainable “extraction–consumption” choices and we show how they are neither reduced to constant consumption paths nor to Hartwick’s rule. Numerical simulations illustrate the general results.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Resource and Energy Economics - Volume 29, Issue 1, January 2007, Pages 17–39
نویسندگان
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