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Long-run average welfare in a pollution accumulation model

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  • Kawaguchi, Kazuhito
  • Morimoto, Hiroaki
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    File URL: http://www.sciencedirect.com/science/article/B6V85-4K9C54Y-2/2/b0351a7de8be2890873a43c74f21bb11
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Economic Dynamics and Control.

    Volume (Year): 31 (2007)
    Issue (Month): 2 (February)
    Pages: 703-720

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    Handle: RePEc:eee:dyncon:v:31:y:2007:i:2:p:703-720

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    Web page: http://www.elsevier.com/locate/jedc

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    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Dutta, P.K., 1991. "What Do Discounted Optima Converge To? A Theory of Discount Rate Asymptotics in Economic Models," RCER Working Papers 264, University of Rochester - Center for Economic Research (RCER).
    2. Kazuhito Kawaguchi, 2003. "Optimal Control of Pollution Accumulation with Long-Run Average Welfare," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 26(3), pages 457-468, November.
    3. Forster, B A, 1973. "Optimal Consumption Planning in a Polluted Environment," The Economic Record, The Economic Society of Australia, vol. 49(128), pages 534-45, December.
    4. Tahvonen, Olli & Withagen, Cees, 1996. "Optimality of irreversible pollution accumulation," Journal of Economic Dynamics and Control, Elsevier, vol. 20(9-10), pages 1775-1795.
    5. Dutta, Prajit K., 1991. "What do discounted optima converge to?: A theory of discount rate asymptotics in economic models," Journal of Economic Theory, Elsevier, vol. 55(1), pages 64-94, October.
    6. Frederick Ploeg & Cees Withagen, 1991. "Pollution control and the Ramsey problem," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 1(2), pages 215-236, June.
    7. C. G. Plourde, 1972. "A Model of Waste Accumulation and Disposal," Canadian Journal of Economics, Canadian Economics Association, vol. 5(1), pages 119-25, February.
    8. Solow, Robert M, 1974. "The Economics of Resources or the Resources of Economics," American Economic Review, American Economic Association, vol. 64(2), pages 1-14, May.
    9. Keeler, Emmett & Spence, Michael & Zeckhauser, Richard, 1972. "The optimal control of pollution," Journal of Economic Theory, Elsevier, vol. 4(1), pages 19-34, February.
    10. Tahvonen, Olli & Kuuluvainen, Jari, 1991. "Optimal growth with renewable resources and pollution," European Economic Review, Elsevier, vol. 35(2-3), pages 650-661, April.
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    Cited by:
    1. Gerardo Hernandez-del-Valle & Carlos Pacheco-Gonzalez, 2009. "Optimal execution of Portfolio transactions with geometric price process," Papers 0908.1211, arXiv.org, revised Nov 2009.

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