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Towards an Inclusive Model of Sustainable Growth

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Author Info
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)

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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://erc.unide.iscte.pt/wpi/ERCwp0408.pdf
File Format: application/pdf
File Function: First version, 2008
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Publisher Info
Paper provided by ISCTE, UNIDE, Economics Research Centre in its series Working Papers with number ercwp0408.

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Length: 19 pages
Date of creation: Mar 2008
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Handle: RePEc:isc:wpaper:ercwp0408

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

Find related papers by JEL classification:
O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

References listed on IDEAS
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  1. 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. [Downloadable!] (restricted)
  2. 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. [Downloadable!] (restricted)
  3. Partha Dasgupta, 2008. "Nature in Economics," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 39(1), pages 1-7, January. [Downloadable!] (restricted)
  4. England, Richard W., 2000. "Natural capital and the theory of economic growth," Ecological Economics, Elsevier, vol. 34(3), pages 425-431, September. [Downloadable!] (restricted)
  5. Bartolini, Stefano & Bonatti, Luigi, 2007. "Endogenous growth, decline in social capital and expansion of market activities," MPRA Paper 3341, University Library of Munich, Germany. [Downloadable!]
  6. Easterly, William & Levine, Ross, 2003. "Tropics, germs, and crops: how endowments influence economic development," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 3-39, January. [Downloadable!] (restricted)
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  7. Tiago Neves Sequeira & Alexandra Ferreira-Lopes, 2008. "An Endogenous Growth Model with Human and Social Capital Interactions," Working Papers ercwp0908, ISCTE, UNIDE, Economics Research Centre. [Downloadable!]
  8. 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. [Downloadable!]
  9. Costantini, Valeria & Monni, Salvatore, 2008. "Environment, human development and economic growth," Ecological Economics, Elsevier, vol. 64(4), pages 867-880, February. [Downloadable!] (restricted)
    Other versions:
  10. Paul F. Whiteley, 2000. "Economic Growth and Social Capital," Political Studies, Political Studies Association, vol. 48(3), pages 443-466, 06. [Downloadable!] (restricted)
  11. Edward L. Glaeser & David Laibson & Bruce Sacerdote, 2002. "An Economic Approach to Social Capital," Economic Journal, Royal Economic Society, vol. 112(483), pages 437-458, November. [Downloadable!] (restricted)
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