Arbeitspapier

Population growth and natural resource scarcity: long-run development under seemingly unfavourable conditions

The paper develops a model with non-exponential population growth, nonrenewable natural resources, and endogenous knowledge creation to analyse substitution between primary inputs and an essential use of resources in the innovation sectors, which is generally considered as most unfavourable for growth. We show that population growth and poor input substitution are not detrimental but even needed to obtain sustainable consumption. A permanent increase in living standards can be achieved under free market conditions. With a backstop technology, the system converges to a balanced growth path with classical properties.

Sprache
Englisch

Erschienen in
Series: Economics Working Paper Series ; No. 08/87

Klassifikation
Wirtschaft
Exhaustible Resources and Economic Development
Environmental Economics: Technological Innovation
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
One, Two, and Multisector Growth Models
Thema
Population growth
non-renewable resources
poor input substitution
technical change
sustainability
Wirtschaftswachstum
Bevölkerungswachstum
Erschöpfbare Ressourcen
Technischer Fortschritt
Nachhaltige Entwicklung
Wachstumstheorie
Theorie

Ereignis
Geistige Schöpfung
(wer)
Bretschger, Lucas
Ereignis
Veröffentlichung
(wer)
ETH Zurich, CER-ETH - Center of Economic Research
(wo)
Zurich
(wann)
2009

Handle
Letzte Aktualisierung
20.09.2024, 08:24 MESZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Bretschger, Lucas
  • ETH Zurich, CER-ETH - Center of Economic Research

Entstanden

  • 2009

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