Investing exhaustible resource rents and the path of consumption

被引：67

作者：

Hamilton, K ^{[1
]}

Hartwick, JM ^{[1
]}

机构：

[1] Queens Univ, Dept Econ, Kingston, ON K7L 3N6, Canada

来源：

CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE | 2005年 / 38卷 / 02期

关键词：

D O I：

10.1111/j.0008-4085.2005.00295.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We set out dollar-valued net national product for an economy with a wasting essential stock (oil deposit). We take up 'maintaining capital intact' and locally unchanging consumption. The percentage change in 'net investment' or 'genuine savings,' relative to the market rate of interest, denotes whether current consumption is rising, constant, or declining.

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收藏

页码：615 / 621

页数：7

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