Add to ORKGIt is the size of the elasticity of substitution that has been the central issue in the long debate over the possibility of continuous growth in the presence of exhaustible resources. This paper reviews the debate and comes to the surprising conclusion that , unnoticed by the pessimists, the optimist position has gradually evolved so that it now approximates that of the pessimists. The paper also summarises some preliminary work by the author that indicates that this common position may not be correc
In a classic paper, Acemoglu (2003) developed a growth model where firms can undertake both labor- a...
The proposition that limited natural resources provide a limit to growth and to the sustainable size...
In a neoclassical economy with endogenous capital- and labor-augmenting technical change the steady-...
It is the size of the elasticity of substitution that has been the central issue in the long debate ...
It is the size of the elasticity of substitution that has been the central issue in the long debate ...
Traditional resource economics has been criticised for assuming too high elasticities of substitutio...
Traditional resource economics has been criticised for assuming too high elasticities of substitutio...
This thesis covers a broad range of topics in the general area of economic growth theory and economi...
The value of the elasticity of substitution of capital for resources is a crucial element in the deb...
This paper re-examines the possibility of endogenous long-term economic growth in neoclassical model...
We analyze a two-sector growth model with directed technical change where man-made capital and exhau...
This theoretical paper is a contribution to the basic theory of economic growth. It provides for an ...
Part of the problem arises from a lack of understanding of the role of the kind of analytic models t...
One of the central analytical findings of the growth literature is that continuous growth is possibl...
We provide a general theoretical characterization of how firm's technology choice on a technology fr...
In a classic paper, Acemoglu (2003) developed a growth model where firms can undertake both labor- a...
The proposition that limited natural resources provide a limit to growth and to the sustainable size...
In a neoclassical economy with endogenous capital- and labor-augmenting technical change the steady-...
It is the size of the elasticity of substitution that has been the central issue in the long debate ...
It is the size of the elasticity of substitution that has been the central issue in the long debate ...
Traditional resource economics has been criticised for assuming too high elasticities of substitutio...
Traditional resource economics has been criticised for assuming too high elasticities of substitutio...
This thesis covers a broad range of topics in the general area of economic growth theory and economi...
The value of the elasticity of substitution of capital for resources is a crucial element in the deb...
This paper re-examines the possibility of endogenous long-term economic growth in neoclassical model...
We analyze a two-sector growth model with directed technical change where man-made capital and exhau...
This theoretical paper is a contribution to the basic theory of economic growth. It provides for an ...
Part of the problem arises from a lack of understanding of the role of the kind of analytic models t...
One of the central analytical findings of the growth literature is that continuous growth is possibl...
We provide a general theoretical characterization of how firm's technology choice on a technology fr...
In a classic paper, Acemoglu (2003) developed a growth model where firms can undertake both labor- a...
The proposition that limited natural resources provide a limit to growth and to the sustainable size...
In a neoclassical economy with endogenous capital- and labor-augmenting technical change the steady-...