Natural capital and sustainability

被引:24
|
作者
van Geldrop, J
Withagen, C
机构
[1] Free Univ Amsterdam, Dept Econ, NL-1081 HV Amsterdam, Netherlands
[2] Tinbergen Inst, NL-1081 HV Amsterdam, Netherlands
[3] Eindhoven Univ Technol, Dept Math & Comp Sci, NL-5600 MB Eindhoven, Netherlands
[4] Tilburg Univ & Ctr, Dept Econ, NL-5000 LE Tilburg, Netherlands
关键词
natural capital; sustainability; utilitarian framework;
D O I
10.1016/S0921-8009(99)00121-4
中图分类号
Q14 [生态学(生物生态学)];
学科分类号
071012 ; 0713 ;
摘要
This paper develops and rigorously analyses a model describing the optimal use of natural capital in a utilitarian framework. Natural capital is treated as an aggregate including exhaustibles, renewables and 'environmentals', performing several functions. It is found that it converges to a steady-state in which it is kept constant by simultaneous investments and use. (C) 2000 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:445 / 455
页数:11
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