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Solving Infinite Horizon Growth Models with an Environmental Sector

✍ Scribed by David L. Kelly; Charles D. Kolstad

Book ID
110402993
Publisher
Springer US
Year
2001
Tongue
English
Weight
110 KB
Volume
18
Category
Article
ISSN
1572-9974

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## Abetract-ln this paper, we examine a model of optimal economic growth with infhrite continuous time plannin g horizon, convex technology and an aggregate discounted utility. First, we establish the existence of optimal capital accumulation paths, and then we study their variations as well as th