Mitra, Tapan; Asheim, Geir B.; Buchholz, Wolfgang; … - In: Journal of Economic Theory 148 (2013) 5, pp. 2164-2182
We provide a general condition under which consumption can be sustained indefinitely bounded away from zero in the continuous time Dasgupta–Heal–Solow–Stiglitz model, by letting augmentable capital substitute for a non-renewable resource. The assumptions made on the production function are...