| 来源类型 | Book Section |
| DOI | 10.1007/978-3-642-34354-4_1 |
| The problem of optimal endogenous growth with exhaustible resources revisited. | |
| Aseev SM; Besov KO; Kaniovski S; Cuaresma, J Crespo; Palokangas, T; Tarasyev, A | |
| 发表日期 | 2013 |
| 出处 | Green Growth and Sustainable Development. Eds. Cuaresma, J Crespo , Palokangas, T & Tarasyev, A , pp. 3-30 Berlin/Heidelberg: Springer. DOI: 10.1007/978-3-642-34354-4_1 . |
| 出版年 | 2013 |
| 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, or the economy is too small. 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 | Advanced Systems Analysis (ASA) |
| URL | http://pure.iiasa.ac.at/id/eprint/10577/ |
| 来源智库 | International Institute for Applied Systems Analysis (Austria) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/134269 |
| 推荐引用方式 GB/T 7714 | Aseev SM,Besov KO,Kaniovski S,et al. The problem of optimal endogenous growth with exhaustible resources revisited.. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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