Arbeitspapier

Natural Resources, National Accounting and Economic Depreciation

The current value Hamiltonian in an aggregate optimal growth problem with heterogeneous capital stocks including exhaustible, renewable and environmental stocks is the NNP function. Routine substitutions reveal that the using up of natural resource stocks is representable as an easy-to-interpret economic depreciation magnitudes. We obtain true NNP inclusive of natural resource stock diminution.

Language
Englisch

Bibliographic citation
Series: Queen's Economics Department Working Paper ; No. 771

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Hartwick, John M.
Event
Veröffentlichung
(who)
Queen's University, Department of Economics
(where)
Kingston (Ontario)
(when)
1990

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hartwick, John M.
  • Queen's University, Department of Economics

Time of origin

  • 1990

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