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    題名: How could the non-sustainable Easter Island have been sustained?
    作者: 廖志興;Cyrus Chu, C.Y.;Lai, Ching-Chong;Liao, Chih-Hsing
    貢獻者: 管理學院經濟學系
    關鍵詞: Decision analysis;Endogenous growth;Environmental economics;Environmental policy;Growth models;Islands;Renewable resources;Studies;Sustainability;Sustainable development;Utility functions
    日期: 2014-01-01
    上傳時間: 2026-04-23 13:02:58 (UTC+8)
    出版者: Elsevier Inc.;Greenwich: Elsevier Inc
    摘要: 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.
    出版者: Greenwich: Elsevier Inc
    出版日期: 2014-11-01
    出處: International review of economics & finance, 2014-11, Vol.34, p.161-174
    資源來源: Elsevier ScienceDirect Journals Complete
    版權: 2014 Elsevier Inc.
    版權: Copyright Elsevier Science Ltd. Nov 2014
    識別號: ISSN: 1059-0560
    識別號: EISSN: 1873-8036
    識別號: DOI: 10.1016/j.iref.2014.08.007
    顯示於類別:[經濟學系] 期刊論文

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