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Paying down the Environmental Debt

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  • John M. Hartwick

Abstract

We reflect on scenarios of sustainable development (constant utility paths) in which the stock of pollution is drawn down by investments in environmental cleanup. We also report on constant utility as interest on the vector of capital stocks in our economy.

Suggested Citation

  • John M. Hartwick, 1997. "Paying down the Environmental Debt," Land Economics, University of Wisconsin Press, vol. 73(4), pages 508-515.
    • Handle: RePEc:uwp:landec:v:73:y:1997:i:4:p:508-515
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    Cited by:

    1. Mohamed Boly & Jean-Louis Combes & Pascale Combes Motel & Maxime Menuet & Alexandru Minea & Patrick Villieu, 2019. "Public debt versus Environmental debt: What are the relevant Tradeoffs?," Post-Print hal-02315163, HAL.
    2. John C. V. Pezzey, 2002. "A One-sided Sustainability Test With Multiple Consumption Goods," Working Papers in Ecological Economics 0201, Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program.
    3. Boly, Mohamed & Combes, Jean-Louis & Menuet, Maxime & Minea, Alexandru & Motel, Pascale Combes & Villieu, Patrick, 2022. "Can public debt mitigate environmental debt? Theory and empirical evidence," Energy Economics, Elsevier, vol. 111(C).
    4. Edna Tusak Loehman, 2014. "Social Investment for Sustainability of Groundwater: A Revealed Preference Approach," Sustainability, MDPI, vol. 6(9), pages 1-41, August.
    5. Pezzey, John C.V., 2001. "Optimality, Hartwick’s Rule, and Instruments of Sustainability Policy and Environmental Policy," 2001 Conference (45th), January 23-25, 2001, Adelaide, Australia 125833, Australian Agricultural and Resource Economics Society.

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