Title of article
The Green Golden Rule
Author/Authors
Chichilnisky، نويسنده , , Graciela; Heal، نويسنده , , Geoffrey; Beltratti، نويسنده , , Andrea ، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1995
Pages
5
From page
175
To page
179
Abstract
We introduce a growth model with environmental assets as a source of utility and an input to consumption and production. In this model we develop the Green Golden Rule, a generalization of the golden rule of neoclassical growth theory. We apply this to the case where the object is the maximization of long-run or limiting utility rather than long-run consumption.
Keywords
Sustainable: Resources: Environment: Growth
Journal title
Economics Letters
Serial Year
1995
Journal title
Economics Letters
Record number
433979
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