search query: @indexterm STEADY STATE MODELS / total: 14
reference: 2 / 14
| Author: | Gerlagh, R. Keyzer, M.A. |
| Title: | Sustainability and the intergenerational distribution of natural resource entitlements |
| Journal: | Journal of Public Economics
2001 : FEB, VOL. 79:2, p. 315-341 |
| Index terms: | OVERLAPPING-GENERATIONS MODELS PROPERTY RIGHTS STEADY STATE MODELS SUSTAINABLE DEVELOPMENT |
| Language: | eng |
| Abstract: | The paper describes an OLG economy with a single exhaustible resource that has amenity value. The steady states of this economy form a continuum, implying path-dependency. Three policy scenarios are compared. |
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