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Maximin Paths of Heterogeneous Capital Accumulation and the Instability of Paradoxical Steady States

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  • Burmeister, Edwin
  • Hammond, P J

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  • Burmeister, Edwin & Hammond, P J, 1977. "Maximin Paths of Heterogeneous Capital Accumulation and the Instability of Paradoxical Steady States," Econometrica, Econometric Society, vol. 45(4), pages 853-870, May.
  • Handle: RePEc:ecm:emetrp:v:45:y:1977:i:4:p:853-70
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    Cited by:

    1. Ngo Long & Vincent Martinet, 2018. "Combining rights and welfarism: a new approach to intertemporal evaluation of social alternatives," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 50(1), pages 35-64, January.
    2. Asheim, Geir B., 1996. "Capital gains and net national product in open economies," Journal of Public Economics, Elsevier, vol. 59(3), pages 419-434, March.
    3. Robert D. Cairns & Stellio Del Campo & Vincent Martinet, 2016. "Sustainability of an economy relying on two reproducible assets," Working Papers 2016/03, INRA, Economie Publique.
    4. Mitra, Tapan, 2002. "Intertemporal Equity and Efficient Allocation of Resources," Journal of Economic Theory, Elsevier, vol. 107(2), pages 356-376, December.
    5. Magill, Michael J P, 1979. "The Stability of Equilibrium," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 20(3), pages 577-597, October.
    6. Mitra, Tapan & Asheim, Geir B. & Buchholz, Wolfgang & Withagen, Cees, 2013. "Characterizing the sustainability problem in an exhaustible resource model," Journal of Economic Theory, Elsevier, vol. 148(5), pages 2164-2182.
    7. Doyen, L. & Martinet, V., 2012. "Maximin, viability and sustainability," Journal of Economic Dynamics and Control, Elsevier, vol. 36(9), pages 1414-1430.
    8. Cairns, Robert D. & Martinet, Vincent, 2014. "An environmental-economic measure of sustainable development," European Economic Review, Elsevier, vol. 69(C), pages 4-17.
    9. Geir B. Asheim & Wolfgang Buchholz, 2004. "A General Approach to Welfare Measurement through National Income Accounting," Scandinavian Journal of Economics, Wiley Blackwell, vol. 106(2), pages 361-384, June.
    10. Haradhan Kumar Mohajan, 2011. "The NNP and Sustainability in Open Economy: Highlights on Recent World Economy and on Open Economy of Bangladesh," KASBIT Business Journals, Khadim Ali Shah Bukhari Institute of Technology (KASBIT), vol. 4, pages 32-47, December.
    11. repec:ksb:journl:v:4:y:2011:i:1:p:32-47 is not listed on IDEAS
    12. Murray Brown, 1980. "The Measurement of Capital Aggregates: A Postreswitching Problem," NBER Chapters,in: The Measurement of Capital, pages 377-432 National Bureau of Economic Research, Inc.
    13. repec:ksb:journl:v:4:y:2011:i:1:p:89-103 is not listed on IDEAS
    14. Haradhan Kumar Mohajan, 2011. "The Real Net National Product in Sustainable Development," KASBIT Business Journals (KBJ), Khadim Ali Shah Bukhari Institute of Technology (KASBIT), vol. 4, pages 89-103, December.
    15. Ngo Van Long & Vincent Martinet, 2016. "How to Take Rights Seriously: A New Approach to the Intertemporal Evaluation of Social Alternatives," CIRANO Working Papers 2016s-60, CIRANO.
    16. Geir B. Asheim & Tapan Mitra, 2018. "Characterizing Sustainability in Discrete Time," CESifo Working Paper Series 7206, CESifo Group Munich.
    17. Withagen, Cees & B. Asheim, Geir, 1998. "Characterizing sustainability: The converse of Hartwick's rule," Journal of Economic Dynamics and Control, Elsevier, vol. 23(1), pages 159-165, September.
    18. Asheim, Geir B., 2008. "Paradoxical consumption behavior when economic activity has environmental effects," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 529-546, March.

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