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Paying down the Environmental Debt

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  • John M. Hartwick

Abstract

We reflect on scenarios of sustainable development (constant utility paths) in which the stock of pollution is drawn down by investments in environmental cleanup. We also report on constant utility as interest on the vector of capital stocks in our economy.

Suggested Citation

  • John M. Hartwick, 1997. "Paying down the Environmental Debt," Land Economics, University of Wisconsin Press, vol. 73(4), pages 508-515.
  • Handle: RePEc:uwp:landec:v:73:y:1997:i:4:p:508-515
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    Cited by:

    1. Edna Tusak Loehman, 2014. "Social Investment for Sustainability of Groundwater: A Revealed Preference Approach," Sustainability, MDPI, Open Access Journal, vol. 6(9), pages 1-41, August.
    2. John C. V. Pezzey, 2002. "A One-sided Sustainability Test With Multiple Consumption Goods," Working Papers in Ecological Economics 0201, Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program.
    3. Pezzey, John C.V., 2001. "Optimality, Hartwick’s Rule, and Instruments of Sustainability Policy and Environmental Policy," 2001 Conference (45th), January 23-25, 2001, Adelaide 125833, Australian Agricultural and Resource Economics Society.

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