THE GREEN GOLDEN-RULE

被引:65
作者
CHICHILNISKY, G
HEAL, G
BELTRATTI, A
机构
[1] COLUMBIA UNIV, COLUMBIA BUSINESS SCH, NEW YORK, NY 10027 USA
[2] UNIV TURIN, IST PRATO, I-10134 TURIN, ITALY
基金
美国国家科学基金会;
关键词
SUSTAINABLE; RESOURCES; ENVIRONMENT; GROWTH;
D O I
10.1016/0165-1765(95)00662-Y
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
引用
收藏
页码:175 / 179
页数:5
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