Construct · 1 fields · 1 citations

Dasgupta-Heal model: a standalone construct

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Environmental and resource economics

a growth model with an exhaustible resource input asking how fast it should be used up when society also accumulates capital.

In environmental and resource economics, Dasgupta-Heal model refers to a growth model with an exhaustible resource input asking how fast it should be used up when society also accumulates capital. This meaning comes from Dasgupta (1974) in The Review of Economic Studies.[1]

Unit
Recovery means
Measured by

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Nearby constructs

capital2 fields · 3 citationsjingle · one word, two constructs growth4 fields · 4 citationsjingle · one word, four constructs mine2 fields · 2 citationsjingle · one word, two constructs

References

Dasgupta, P., & Heal, G. (1974). The Optimal Depletion of Exhaustible Resources. The Review of Economic Studies, 41, 3. https://doi.org/10.2307/2296369

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