The Hartwick Rule: Myths and Facts

  • Asheim G
  • Buchholz W
  • Withagen C
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Abstract

We shed light on the Hartwick rule for capital accumulation and resource depletion by providing semantic clarifications and investigating the implications and relevance of this rule. We extend earlier results by establishing that the Hartwick rule does not indicate...

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Asheim, G. B., Buchholz, W., & Withagen, C. (2007). The Hartwick Rule: Myths and Facts. In Justifying, Characterizing and Indicating Sustainability (pp. 125–145). Springer Netherlands. https://doi.org/10.1007/978-1-4020-6200-1_8

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