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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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Related research

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

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References

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  1. Valeria Costantini & Salvatore Monni, 2006. "Environment, human development and economic growth," Departmental Working Papers of Economics - University 'Roma Tre' 0062, Department of Economics - University Roma Tre.
  2. 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).
  3. Rodrigues, João & Domingos, Tiago & Conceição, Pedro & Belbute, José, 2005. "Constraints on dematerialisation and allocation of natural capital along a sustainable growth path," Ecological Economics, Elsevier, vol. 54(4), pages 382-396, September.
  4. Tiago Neves Sequeira & Alexandra Ferreira-Lopes, 2008. "An Endogenous Growth Model with Human and Social Capital Interactions," Working Papers Series 1 ercwp0908, ISCTE-IUL, Business Research Unit (BRU-IUL).
  5. 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.
  6. 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.
  7. Partha Dasgupta, 2008. "Nature in Economics," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 39(1), pages 1-7, January.
  8. England, Richard W., 2000. "Natural capital and the theory of economic growth," Ecological Economics, Elsevier, vol. 34(3), pages 425-431, September.
  9. William Easterly & Ross Levine, 2002. "Tropics, Germs, and Crops: How Endowments Influence Economic Development," NBER Working Papers 9106, National Bureau of Economic Research, Inc.
  10. Bartolini, Stefano & Bonatti, Luigi, 2007. "Endogenous growth, decline in social capital and expansion of market activities," MPRA Paper 3341, University Library of Munich, Germany.
  11. 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.
  12. 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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