On the sustainable program in Solow's model

We show that our general result (Withagen and Asheim [8]) on the converse of Hartwick’s rule also applies for the special case of Solow’s model with one capital good and one exhaustible resource. Hence, the criticism by Cairns and Yang [1] of our paper is unfounded.

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Year of publication:	2003-06-19
Authors:	Withagen, Cees ; Asheim, Geir B. ; Buchholz, Wolfgang
Institutions:	Økonomisk institutt, Universitetet i Oslo
Subject:	Sustainabiliy \| maximin path \| Harwick’s rule

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Extent:	application/pdf
Series:	Memorandum.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Memorandum Number 33/2002 13 pages
Classification:	D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; Q01 - Sustainable Development ; Q32 - Exhaustible Resources and Economic Development
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005652365