“Net investment” and sustainability

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Abstract

We comment on research showing when constant consumption implies zero “net investment.” We also report on the use of ‘net investment “or” genuine savings “as an indicator of sustainability in abstract economies, with exhaustible resources and inherent nonconstant consumption paths. In particular, the use of the current percentage change in” net investment “is reported on. © 2003 Rocky Mountain Mathematics Consortium.

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APA

Hartwick, J. M. (2003). “Net investment” and sustainability. Natural Resource Modeling, 16(2), 145–160. https://doi.org/10.1111/j.1939-7445.2003.tb00107.x

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