The Role of Material/Energy Resources and Dematerialisation in Economic Growth Theories

Arbeitspapier

The nature of energy and material resources in an endogenous growththeory framework isclarified. This involves three modifications of the conventionaltheory. Firstly, multiple feedbackmechanisms or “growth engines” are identified. Secondly, a productionfunction distinguishesbetween resource use, technical efficiency and value creation.Thirdly, the impact of the cost ofproduction through demand on growth is accounted for. A formal modelis analytically solvedunder a condition of a constant growth rate. Given model complexity,numerical experiments areperformed as well, providing relevant insights to the academic andpolitical debates on‘environmental Kuznets curves’ and ‘dematerialization’.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Tinbergen Institute Discussion Paper ; No. 00-068/3

Classification and Topics

• Classification: Wirtschaft ; Macroeconomic Analyses of Economic Development ; Technological Change: Choices and Consequences; Diffusion Processes ; One, Two, and Multisector Growth Models ; Exhaustible Resources and Economic Development ; Energy and the Macroeconomy
• Subject: dematerialization ; environmental Kuznets curve ; feedback mechanisms ; production function specification ; resource scarcity ; value creation ; Wachstumstheorie ; Ressourcenökonomik ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ayres, Robert U. ; van den Bergh, Jeroen C.J.M.
• Event: Veröffentlichung
• (who): Tinbergen Institute
• (where): Amsterdam and Rotterdam
• (when): 2000

Further information

• Handle: http://hdl.handle.net/10419/85557
• Last update: 10.03.2025, 11:41 AM CET