On the Sustainable Program in Solow's Model

نویسندگان

  • CEES WITHAGEN
  • GEIR B. ASHEIM
چکیده

We show that our general result (Withagen and Asheim [8]) on the converse of Hartwick’s rule also applies for the special case of Solow’s model with one capital good and one exhaustible resource. Hence, the criticism by Cairns and Yang [1] of our paper is unfounded. Journal of Economic Literature Classification Numbers : D63, Q01, Q32

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تاریخ انتشار 2002