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Enhaustible Resource Substitution and Fertility Decision in an Overlapping Generations Model
N-M Hung and
Working Papers from Laval - Recherche en Energie
In an overlapping generaions model where the production requires two essential inputs, on of which is non-renewable, say oil, but could be replaced by an everlasting substitute, say solar (the backstop), capital accumulation and fertility decisions emerged from the optimizing behavior of economic agents are examined.
Keywords: ECONOMIC GROWTH; FERTILITY (search for similar items in EconPapers)
JEL-codes: O40 (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:fth:lavaen:9626
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