A survey on modeling economic growth. With special interest on natural resource use

Arbeitspapier

The purpose of this paper is to survey the contributions to economic growth theory. We focus on the basic models and literature that link resource economic and economic growth, in order to reveal the main differences on how the different aspects are incorporated into growth models. As economic science is not a hard science, all economic activities must always be considered against the background of the current economy, the political and social institutions and technical capabilities (as already mentioned by Solow (1985), p. 328). That is why many of the first growth models, fitted to current state when they were developed, are not transferable to remote periods. Furthermore, natural resources as input factors, which influence economic growth, were neglected for a long time, whereas today they are one of the most discussed factors influencing economic growth.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CAWM Discussion Paper ; No. 69

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; One, Two, and Multisector Growth Models ; Economic Growth and Aggregate Productivity: General ; Renewable Resources and Conservation: General ; Exhaustible Resources and Economic Development
• Thema: economic growth ; growth theory ; historical overview ; renewable resources ; non-renewable resources

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Voosholz, Frauke
• Ereignis: Veröffentlichung
• (wer): Westfälische Wilhelms-Universität Münster, Centrum für Angewandte Wirtschaftsforschung (CAWM)
• (wo): Münster
• (wann): 2014

Weitere Informationen

• Handle: http://hdl.handle.net/10419/96932
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ