Open AccessTHE CONVERSE OF HARTWICK'S RULE AND UNIQUENESS OF THE SUSTAINABLE PATH
Author(s) -
CAIRNS ROBERT D.,
YANG ZHAO
Publication year - 2000
Publication title -
natural resource modeling
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.28
H-Index - 32
eISSN - 1939-7445
pISSN - 0890-8575
DOI - 10.1111/j.1939-7445.2000.tb00041.x
Subject(s) - converse , uniqueness , generalization , constructive , mathematical economics , path (computing) , corollary , capital (architecture) , economics , mathematics , resource (disambiguation) , pure mathematics , computer science , mathematical analysis , geography , geometry , archaeology , process (computing) , computer network , programming language , operating system
. We provide a constructive proof of the converse of Hartwick's rule for a generalization of Solow's model with one capital good and one exhaustible resource. We also show that the sustainable path is unique.