Constant per capita consumption paths with exhaustible resources and decaying produced capital

B-Tier
Journal: Ecological Economics
Year: 2009
Volume: 68
Issue: 12
Pages: 2969-2973

Authors (2)

Cheviakov, Alexei F. (not in RePEc) Hartwick, John (Queen's University)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We introduce decay in produced capital and exogenous technical progress to the recent "Solow Model" of Asheim et al. with population growth and observe the possible collapse of the economy given too high a rate of decay. "Enough" technical progress can restore sustainable per capita consumption.

Technical Details

RePEc Handle
repec:eee:ecolec:v:68:y:2009:i:12:p:2969-2973
Journal Field
Environment
Author Count
2
Added to Database
2026-01-25