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来源类型 | Monograph (IIASA Interim Report) |
规范类型 | 报告 |
Optimal Endogenous Growth with Exhaustible Resources. | |
Aseev SM; Besov KO; Kaniovski S | |
发表日期 | 2010 |
出版者 | IIASA, Laxenburg, Austria: IR-10-011 |
出版年 | 2010 |
语种 | 英语 |
摘要 | We study optimal research and extraction policies in an endogenous growth model in which both production and research require an exhaustible resource. It is shown that optimal growth is not sustainable if the accumulation of knowledge depends on the resource as an input, or if the returns to scale in research are decreasing. The model is stated as an infinite-horizon optimal control problem with an integral constraint on the control variables. We consider the main mathematical aspects of the problem, establish an existence theorem and derive an appropriate version of the Pontryagin maximum principle. A complete characterization of the optimal transitional dynamics is given. |
主题 | Dynamic Systems (DYN) |
URL | http://pure.iiasa.ac.at/id/eprint/9470/ |
来源智库 | International Institute for Applied Systems Analysis (Austria) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/125799 |
推荐引用方式 GB/T 7714 | Aseev SM,Besov KO,Kaniovski S. Optimal Endogenous Growth with Exhaustible Resources.. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
IR-10-011.pdf(422KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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