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Alternative Sustainability Criteria, Externalities, and Welfare in a Simple Agroecosystem Model: A Numerical Analysis

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  • Craig Bond

    ()

  • Y. Farzin

    ()

Abstract

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File URL: http://hdl.handle.net/10.1007/s10640-007-9159-7
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Bibliographic Info

Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 40 (2008)
Issue (Month): 3 (July)
Pages: 383-399

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Handle: RePEc:kap:enreec:v:40:y:2008:i:3:p:383-399

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Web page: http://www.springerlink.com/link.asp?id=100263

Related research

Keywords: Chebychev polynomial; Constrained dynamic optimization; Intergenerational equity; Social welfare; Stock externality; Sustainability criteria;

References

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  1. Graciela Chichilnisky, 1997. "What Is Sustainable Development?," Land Economics, University of Wisconsin Press, vol. 73(4), pages 467-491.
  2. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-74, December.
  3. Kenneth Arrow & Partha Dasgupta & Karl-Göran Mäler, 2003. "Evaluating Projects and Assessing Sustainable Development in Imperfect Economies," Working Papers 2003.109, Fondazione Eni Enrico Mattei.
  4. Amartya Sen, 1996. "Maximization and the Act of Choice," Harvard Institute of Economic Research Working Papers 1766, Harvard - Institute of Economic Research.
  5. Asheim,G.B. & Buchholz,W. & Tungodden,B., 1999. "Justifying sustainability," Memorandum 08/1999, Oslo University, Department of Economics.
  6. Richard T. Woodward, 2000. "Sustainability as Intergenerational Fairness: Efficiency, Uncertainty, and Numerical Methods," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 581-593.
  7. Richard T. Woodward & Richard C. Bishop, 2003. "Sector-Level Decisions in a Sustainability-Constrained Economy," Land Economics, University of Wisconsin Press, vol. 79(1), pages 1-14.
  8. Y. Hossein Farzin, 2004. "Is an Exhaustible Resource Economy Sustainable?," Review of Development Economics, Wiley Blackwell, vol. 8(1), pages 33-46, 02.
  9. Asheim, Geir B, 1994. " Net National Product as an Indicator of Sustainability," Scandinavian Journal of Economics, Wiley Blackwell, vol. 96(2), pages 257-65.
  10. Farzin, Y H & Tahvonen, O, 1996. "Global Carbon Cycle and the Optimal Time Path of a Carbon Tax," Oxford Economic Papers, Oxford University Press, vol. 48(4), pages 515-36, October.
  11. Pacini, Cesare & Giesen, G.W.J. & Vazzana, V. & Wossink, Ada, 2002. "Sustainability of Organic, Integrated and Conventional Farming Systems in Tuscany," 13th Congress, Wageningen, The Netherlands, July 7-12, 2002 6956, International Farm Management Association.
  12. 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.
  13. Chichilnisky, Graciela & Heal, Geoffrey & Beltratti, Andrea, 1995. "The Green Golden Rule," Economics Letters, Elsevier, vol. 49(2), pages 175-179, August.
  14. repec:cup:cbooks:9780521829663 is not listed on IDEAS
  15. Paul Webster, 1999. "The Challenge of Sustainability at the Farm Level: Presidential Address," Journal of Agricultural Economics, Wiley Blackwell, vol. 50(3), pages 371-387.
  16. Asheim, Geir B, 1997. " Adjusting Green NNP to Measure Sustainability," Scandinavian Journal of Economics, Wiley Blackwell, vol. 99(3), pages 355-70, September.
  17. Y. Hossein Farzin, 2006. "Conditions for Sustainable Optimal Economic Development," Review of Development Economics, Wiley Blackwell, vol. 10(3), pages 518-534, 08.
  18. Lanzer, Edgar A. & Paris, Quirino & Williams, William A., 1987. "A Nonsubstitution Dynamic Model for Optimal Fertilizer Recommendations," Monographs, University of California, Davis, Giannini Foundation, number 11938.
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Citations

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Cited by:
  1. Vincent Martinet, 2012. "Effect of soil heterogeneity on the welfare economics of biofuel policies," EconomiX Working Papers 2012-13, University of Paris West - Nanterre la Défense, EconomiX.
  2. Bond, Craig A. & Loomis, John B., 2008. "Using Numerical Dynamic Programming to Compare Passive and Active Learning in the Adaptive Management of Nutrients in Shallow Lakes," Working Papers 108720, Colorado State University, Department of Agricultural and Resource Economics.
  3. Y. Hossein Farzin, 2007. "Sustainability and Optimality in Economic Development: Theoretical Insights and Policy Prospects," Working Papers 2007.89, Fondazione Eni Enrico Mattei.

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