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Sustainable use of renewable resources, Chapter 2.1

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Author Info
Chichilnisky, Graciela
Beltratti, Andrea
Heal, Geoffrey

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Abstract

We consider here optimal use patterns for renewable resources and address the problem of optimal use of renewable resources under a variety of assumptions both about the nature of the economy in which these resources are embedded and about the objective of that economy. Although we focus here on the technical economic issues of defining and characterizing paths which are optimal in various senses, in the presence of renewable resources, one should not loose sight of the very real motivation underlying these exercises: many of the earth's most important biological and ecological resources are renewable, so that in their management we confront the fundamental choice which underlies this paper, namely their extinction, or their preservation as viable species.

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File URL: http://mpra.ub.uni-muenchen.de/8815/
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 8815.

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Date of creation: 1998
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Handle: RePEc:pra:mprapa:8815

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Related research
Keywords: renewable resources sustainability optimization mathematical modeling sustainable development policy

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Find related papers by JEL classification:
Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - -

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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.:

  1. Loewenstein, George & Thaler, Richard H, 1989. "Intertemporal Choice," Journal of Economic Perspectives, American Economic Association, vol. 3(4), pages 181-93, Fall. [Downloadable!] (restricted)
  2. Heal, G., 1998. "Valuing the Future: Economic Theory and Sustainability," Papers 98-10, Columbia - Graduate School of Business.
  3. Chichilnisky, Graciela & Beltratti, Andrea & Heal, Geoffrey, 1994. "The environment and the long run: A comparison of different criteria," MPRA Paper 7907, University Library of Munich, Germany. [Downloadable!]
  4. Heal, Geoffrey M., 1993. "The optimal use of exhaustible resources," Handbook of Natural Resource and Energy Economics, in: A. V. Kneese† & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 3, chapter 18, pages 855-880 Elsevier. [Downloadable!] (restricted)
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  5. Krautkraemer, Jeffrey A, 1985. "Optimal Growth, Resource Amenities, and the Preservation of Natural Environments," Review of Economic Studies, Blackwell Publishing, vol. 52(1), pages 153-70, January. [Downloadable!] (restricted)
  6. Andrea Beltratti & Graciela Chichilnisky & Geoffrey Heal, 1993. "Sustainable Growth and the Green Golden Rule," NBER Working Papers 4430, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  7. Chichilnisky, Graciela & Heal, Geoffrey & Beltratti, Andrea, 1995. "The Green Golden Rule," Economics Letters, Elsevier, vol. 49(2), pages 175-179, August. [Downloadable!] (restricted)
  8. Chichilnisky, Graciela & Gruenwald, Paul F., 1995. "Existence of an optimal growth path with endogenous technical change," Economics Letters, Elsevier, vol. 48(3-4), pages 433-439, June. [Downloadable!] (restricted)
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  9. Harvey, Charles M., 1994. "The reasonableness of non-constant discounting," Journal of Public Economics, Elsevier, vol. 53(1), pages 31-51, January. [Downloadable!] (restricted)
  10. Chichilnisky, Graciela, 1977. "Nonlinear functional analysis and optimal economic growth," MPRA Paper 7990, University Library of Munich, Germany. [Downloadable!]
  11. Heal, G.M., 1995. "Interpreting Sustainability," Papers 95-24, Columbia - Graduate School of Business.
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Cited by:
(explanations, 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.)

  1. Simone Valente, 2004. "Sustainable Development: Renewable Resources and Technological Progress," CEIS Research Paper 54, Tor Vergata University, CEIS. [Downloadable!]
    Other versions:
  2. Francisco Alvarez-Cuadrado & Ngo Van Long, 2007. "A Mixed Bentham-Rawls Criterion For Intergenerational Equity: Theory And Implications," Departmental Working Papers 2007-03, McGill University, Department of Economics. [Downloadable!]
  3. Graciela Chichilnisky & Olga Gorbachev, 2004. "Volatility in the knowledge economy," Discussion Papers 0304-13, Columbia University, Department of Economics. [Downloadable!]
    Other versions:
  4. Hassan Benchekroun & Seiichi Katayama & Ngo Van Long, 2006. "Non-Smooth Sustainable Development With Overshooting," CIRANO Working Papers 2006s-26, CIRANO. [Downloadable!]
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