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| Author: | Fechtinger, G. Novak, A. |
| Title: | A Note on the Optimal Use of Environmental Resources by an Indebted Country |
| Journal: | Journal of Institutional and Theoretical Economics
1991 : SEPT, VOL. 147:3, p.547-555 |
| Index terms: | MODELS MATHEMATICAL MODELS |
| Language: | eng |
| Abstract: | Rauscher (1990) discussed the optimal policies of a renewable resource by an indebted country. He showed that these policies may be complex: cyclical or unstable paths cannot be excluded. The present note fills a gap in the literature: it shows that stable limit cycles do exist. |
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