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Towards an Inclusive Model of Sustainable Growth

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  • Catarina Roseta-Palma

    ()
    (ISCTE - Department of Economics, UNIDE-ERC and DINÂMIA)

  • Alexandra Ferreira-Lopes

    ()
    (ISCTE - Department of Economics, UNIDE-ERC and DINÂMIA)

  • Tiago Neves Sequeira

    ()
    (UBI and INOVA)

Abstract

Models of economic growth are typically based on the use of one or more stocks of productive assets to create goods for utility-generating consumption. The roles played by man-made capital, natural capital and human capital have been explored, often separately, in the literature, and more recently the notion of social capital has been brought to the fore. This paper provides an attempt to construct an inclusive model of growth that considers the different available assets, analysing sustainable consumption possibilities.

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File URL: http://bru-unide.iscte.pt/RePEc/pdfs/ERCwp0408.pdf
File Function: First version, 2008
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Bibliographic Info

Paper provided by ISCTE-IUL, Business Research Unit (BRU-IUL) in its series Working Papers Series 1 with number ercwp0408.

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Length: 19 pages
Date of creation: 15 Mar 2008
Date of revision:
Handle: RePEc:isc:iscwp1:ercwp0408

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Web page: http://bru-unide.iscte.pt/
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Related research

Keywords: Human Capital; Social Capital; Natural Capital; Produced Capital; Economic Growth; Sustainability.;

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References

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  1. William Easterly & Ross Levine, 2002. "Tropics, Germs, and Crops: How Endowments Influence Economic Development," Working Papers 15, Center for Global Development.
  2. Costantini, Valeria & Monni, Salvatore, 2008. "Environment, human development and economic growth," Ecological Economics, Elsevier, vol. 64(4), pages 867-880, February.
  3. Partha Dasgupta, 2008. "Nature in Economics," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 39(1), pages 1-7, January.
  4. Gavin Wright & Jesse Czelusta, 2002. "Exorcizing the Resource Curse: Minerals as a Knowledge Industry, Past and Present," Working Papers 02008, Stanford University, Department of Economics.
  5. José Manuel Madeira Belbute & João Rodrigues & Tiago Domingos & Pedro Conceição, 2003. "Constraints on Dematerialisation and Allocation of Natural Capital along a Sustainable Growth Path," Economics Working Papers 1_2003, University of Évora, Department of Economics (Portugal).
  6. Bartolini, Stefano & Bonatti, Luigi, 2007. "Endogenous growth, decline in social capital and expansion of market activities," MPRA Paper 3341, University Library of Munich, Germany.
  7. Smulders, J.A., 2005. "Endogenous technological change, natural resources and growth," Open Access publications from Tilburg University urn:nbn:nl:ui:12-146711, Tilburg University.
  8. Tiago Neves Sequeira & Alexandra Ferreira-Lopes, 2011. "An Endogenous Growth Model with Human and Social Capital Interactions," Review of Social Economy, Taylor & Francis Journals, vol. 69(4), pages 465-493, December.
  9. Jonathan Temple & Paul A. Johnson, 1998. "Social Capability And Economic Growth," The Quarterly Journal of Economics, MIT Press, vol. 113(3), pages 965-990, August.
  10. Alberto Bisin & Danilo Guaitoli, . "Social Capital, Modernization and Growth," UFAE and IAE Working Papers 545.02, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  11. Kraev, Egor, 2002. "Stocks, flows and complementarity: formalizing a basic insight of ecological economics," Ecological Economics, Elsevier, vol. 43(2-3), pages 277-286, December.
  12. Dinda, Soumyananda, 2008. "Social capital in the creation of human capital and economic growth: A productive consumption approach," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(5), pages 2020-2033, October.
  13. England, Richard W., 2000. "Natural capital and the theory of economic growth," Ecological Economics, Elsevier, vol. 34(3), pages 425-431, September.
  14. Sjoerd Beugelsdijk & Henri L.F. de Groot & Anton B.T.M. van Schaik, 2004. "Trust and economic growth: a robustness analysis," Oxford Economic Papers, Oxford University Press, vol. 56(1), pages 118-134, January.
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