Gerlagh, Reyer (contributor); Liski, Matti (contributor) - 2008
Krautkramer
(1999) for a review of the literature). And there are other ways to extend the traditional economic
growth …, that maximizes total resource surplus
W(st) = V(st) +W(st) =
Z T+k
t
[eu(q ) u]d (3)
Notice that we leave the investment …. 224
June 2008
ISSN 1795 0562
HECER – Helsinki Center of Economic Research, P.O. Box 17 (Arkadiankatu 7), FI 00014 …