The Hartwick Rule: Myths and Facts

The Hartwick Rule: Myths and Facts
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哈特威克规则:神话与事实

DOI:
10.1023/a:1023909217989
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发表时间:
2000
影响因子:
5.9
通讯作者:
C. Withagen
C. Withagen
中科院分区:
经济学3区
文献类型:
--
作者:
G. Asheim;W. Buchholz;C. Withagen

文献摘要

被引文献

相似文献

我们揭示了哈特威克规则的资本积累和资源枯竭提供语义澄清和调查的影响和相关性,这一规则。我们通过建立哈特威克规则并不表明可持续性,并不要求人造和自然资本之间的可替代性,从而扩展了早期的结果。我们使用一类新的简单反例(1)来获得新的发现,即净投资的负值不一定意味着效用是不可持续的,(2)指出文献中的不足。
We shed light on the Hartwick rule for capital accumulation and resource depletion by providing semantic clarifications and investigating the implications and relevance of this rule. We extend earlier results by establishing that the Hartwick rule doesnotindicate sustainability and doesnotrequire substitutability between man-made and natural capital. We use a new class of simple counterexamples (1) to obtain the novel finding that a negative value of net investments need not entail that utility is unsustainable, and (2) to point out deficiencies in the literature.