Renewable Resources in an Overlapping Generations Economy without Capital

Erkki Koskela, M. Ollikainen and M. Puhakka

University of Helsinki, Department of Economics from Department of Economics

Abstract: We incorporate a renewable resource into an overlapping generations model without capital. Besides being an input for production the resource serves as the store of value. Dynamics, efficiency and stability of the steady state equilibria are characterized.

Keywords: NATURAL; RESOURCES (search for similar items in EconPapers)
JEL-codes: D90 Q20 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1998
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Renewable Resources in an Overlapping Generations Economy Without Capital (2002)
Working Paper: Renewable Resources in an Overlapping Generations Economy without Capital (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:helsec:436

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