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Registros recuperados: 10 | |
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Sesmero, Juan P.; Fulginiti, Lilyan E.. |
This study explores the role of rate and biases of technological change in the sustainability of an economy with an exhaustible resource. In order to achieve this goal, the mathematical concept of viability kernel is introduced as a sustainability indicator and necessary conditions for sustainability are completely depicted in terms of technological parameters. The literature has historically assumed substitutability between human capital and natural resources and technological progress that is neutral in terms of relative input productivity and minimum efficient scale of production. Both assumptions have been widely criticized given the patterns of technological change and substitution observed empirically. Hence the theoretical contribution developed... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2008 |
URL: http://purl.umn.edu/6486 |
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Registros recuperados: 10 | |
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