Construct · 1 fields · 1 citations

Solow maximin path: a standalone construct

One name. One construct. A landmark on the map.

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Solowmaximin path1 CONSTRUCTSolow maximin pathSOLOW · NATURAL RESOURCE

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Natural resource economics

consumption path that holds consumption constant at the highest level sustainable forever in an economy using an exhaustible resource.

In natural resource economics, Solow maximin path refers to consumption path that holds consumption constant at the highest level sustainable forever in an economy using an exhaustible resource. This meaning comes from Solow (1974) in The Review of Economic Studies.[1]

Unit
Recovery means
Measured by

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Nearby constructs

constant2 fields · 2 citationsjingle · one word, two constructsconsumption3 fields · 5 citationsjingle · one word, three constructslevel1 fields · 1 citationsanchor · a standalone construct

References

  1. Solow, R. M. (1974). Intergenerational Equity and Exhaustible Resources. The Review of Economic Studies, 41, 29. https://doi.org/10.2307/2296370

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