The Roles of the Environment and Natural Resources in Economic Growth Analysis
AbstractThe primary aim of this paper is pedagogical. We first present and discuss a “wiring diagram” framework in order to elucidate the general links between economic growth and "natural capital." After developing the general framework, we develop parallel frameworks applicable to several specific sectors of the economy (agriculture, forestry, and manufacturing). Two appendices provide a mathematical formulation of the economy-wide framework and a brief historical review of the role of natural resources and the environment in economic growth theory.
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Bibliographic InfoPaper provided by Resources For the Future in its series Discussion Papers with number dp-02-71.
Date of creation: 01 May 2003
Date of revision:
economic growth; natural resources; sustainable development;
Find related papers by JEL classification:
- Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
This paper has been announced in the following NEP Reports:
- NEP-AGR-2006-01-24 (Agricultural Economics)
- NEP-ALL-2006-01-24 (All new papers)
- NEP-ENV-2006-01-24 (Environmental Economics)
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