search query: @author Zemel, A. / total: 5
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| Author: | Tsur, Y. Zemel, A. |
| Title: | Scarcity, growth and R&D |
| Journal: | Journal of Environmental Economics and Management
2005 : MAY, VOL. 49:3 |
| Index terms: | economic growth non-renewable resources R&D resources |
| Language: | eng |
| Abstract: | The limits to economic growth due to resource scarcity can be alleviated only by the development of backstop substitutes. This article combines resource-based economic growth with R&D to reduce the cost of backstop technologies.It is found that an economy's prospects depend on its type, as determined by its production technology and learning ability, and by its knowledge-capital endowment. |
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