search query: @indexterm Economic growth / total: 1784
reference: 139 / 1784
| Author: | Groth, C. Schou, P. |
| Title: | Can non-renewable resources alleviate the knife-edge character of endogenous growth? |
| Journal: | Oxford Economic Papers
2002 : JUL, VOL. 54:3, p. 386-411 |
| Index terms: | Resource management Product development Economic growth Econometric models |
| Language: | eng |
| Abstract: | In a one-sector optimal growth model, the authors find that the strain on the economy imposed by the need to extract successively smaller amounts of the nonrenewable resource can offset the potentially explosive effects of allowing for increasing returns to producible inputs. However, growth in per capita consumption will be unstable unless there is population growth. |
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