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- W2358482789 abstract "With assumption of the completely competitive markets,adopting optimal control theory,aiming at maximal social welfare,and indicating the pollution factors fully in utility function and constraint conditions,the optimal depletion model of exhaustible resources under pollution constraint was established,and the specific analytical solution was presented.The results show that:the consumption function is a decreasing function of the initial stock of resources and the initial stock of pollution ratio,and the initial stock of pollution and the initial stock of capital ratio.Under certain conditions,the consumption peak to the initial consumption is a decreasing function of the discounted value,it is also an increasing function of the initial stock of resources and the initial stock of pollution ratio,and the initial stock of pollution and the initial stock of capital ratio.Consequently,the conclusion is achieved that:high initial value of pollution can lead to reduced consumption and rein in economic growth,which also means that from the household's consuming point of view,the relationship between economic growth and pollution is not absolutely contradictive but complementary each other.The conclusion has the positive effect on promoting China's government to increase the investment in pollution control." @default.
- W2358482789 created "2016-06-24" @default.
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- W2358482789 date "2015-01-01" @default.
- W2358482789 modified "2023-09-26" @default.
- W2358482789 title "Study on the optimal depletion model of exhaustible resources under pollution constraint" @default.
- W2358482789 hasPublicationYear "2015" @default.
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