| dc.contributor | 經濟學系 | zh_Tw |
| dc.creator (作者) | 賴景昌 | zh_TW |
| dc.creator (作者) | Chu, C.Y. Cyrus | en_US |
| dc.creator (作者) | Lai, Ching-Chong | en_US |
| dc.creator (作者) | Liao, Chih-Hsing | en_US |
| dc.date (日期) | 2014-11 | en_US |
| dc.date.accessioned | 15-Aug-2017 17:00:56 (UTC+8) | - |
| dc.date.available | 15-Aug-2017 17:00:56 (UTC+8) | - |
| dc.date.issued (上傳時間) | 15-Aug-2017 17:00:56 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/111961 | - |
| dc.description.abstract (摘要) | The collapsing scenario of Easter Island has been analyzed by Brander and Taylor (1998) as a predator-prey model in a Malthusian world, in which the household is only concerned with its instantaneous utility. This paper develops an endogenous growth model with a renewable resource and analyzes the possibly non-sustainable growth as a steady state, in spite of the household being deeply concerned with all its future lifetime utility. Our analysis shows that the ignorance of future lifetimes in present decision-making is indeed crucial to economic non-sustainability. We then examine whether a deforestation tax set by the government could have reduced the resource exploration rate and thereby held back the economic collapse. We also demonstrate using phase-diagrams how such a tax can switch the economic dynamics from non-sustainability to sustainability. © 2014 Elsevier Inc. | en_US |
| dc.format.extent | 895195 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | International Review of Economics and Finance, 34, 161-174 | en_US |
| dc.subject (關鍵詞) | Endogenous growth; Environmental policy; Renewable resources | en_US |
| dc.title (題名) | How could the non-sustainable Easter Island have been sustained? | en_US |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1016/j.iref.2014.08.007 | |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1016/j.iref.2014.08.007 | |
