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Adjusting Green NNP to Measure Sustainability

Weitzman provides a foundation for NNP as the stationary equivalent of a wealth-maximizing path when there is a constant interest rate and no exogenous technological progress. Here, the implications of Weitzman's foundation are explored in a case encountered in resource models, i.e., the case of... Full description

1st Person: Asheim, Geir B.
Source: in The Scandinavian Journal of Economics Vol. 99, No. 3 (1997), p. 355-370
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Type of Publication: Article
Language: English
Published: 1997
Online: Volltext
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