Faucheux, Sylvie; Muir, Eliot; O'Connor, SMartin - In: Land Economics 73 (1997) 4
We appraise neoclassical theory of growth with natural capital for the estimation of indicators for sustainability. Relationships between four theoretically distinct measures are clarified: Hicksian "change in capital stock value"; the Hartwick "net savings" (which excludes capital gains);...