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Author:Asheim, G. B. et al.
Title:Constant savings rates and quasi-arithmetic population growth under exhaustible resource constraints
Journal:Journal of Environmental Economics and Management
2007 : MAR, VOL 53:2, p. 213-229
Index terms:sustainable development
Freeterms:quasi-arithmetic population growth
constant savings rates
exhaustible resources
Language:eng
Abstract:This article discusses the Dasgupta-Heal-Solow-Stiglitz (DHSS) model of capital accumulation and shows that if an efficient path has constant savings rates, the population growth must be quasi-arithmetic and the path is a maximin or classical utilitarian optimum; and conversely.
SCIMA record nr: 264423
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