Investing Exhaustible Resource Rents and the Path of Consumption

By K. Hamilton, J. Hartwick. 2005

169 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management, Monitoring, Policy and Law

View Paper: https://www.semanticscholar.org/paper/655eaa76a676225eca1207b68f2cacdf0d87d6b3

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. G. Atkinson
2. D. Pearce
3. S. Mourato
4. Richard S. J. Tol
5. Cameron Hepburn
6. Phoebe Koundouri
7. Riccardo Scarpa
8. A. Owen

In Management, Monitoring, Policy and Law

1. G. Atkinson
2. S. Mourato
3. D. Pearce
4. F. van der ploeg

Citations in the corpus

• Cost-Benefit Analysis and the Environment: Recent Developments (2006, background): “In addition, Hamilton and Hartwick (2005) and Hamilton and Withagen (2004) show that if SG is persistently greater than zero – arguably a sensible policy target in a risky world – then not only is wealth (the present value of well-being) increasing but development can, in certain circumstances,…”
• Constant Savings Rates and Quasi-Arithmetic Population Growth Under Exhaustible Resource Constraints (2007, unknown): “The reason is that the term ‘generalized Hartwick rule’ has already been given a different meaning by Dixit, Hammond and Hoel (1980), namely that the present value of net investments is constant (see also Hamilton, 1995; Asheim, Buchholz and Withagen, 2003; Hamilton and Hartwick, 2004).”