This paper presents a macroeconomic approach to sustainable growth. After clarifying the concept of sustainability, the interdependence between natural resources and accumulated capital stocks such as physical, human, and knowledge capital is discussed. The conditions for the substitution...

Ce papier systimatise l'etude de l'existence d'un sentier de croissance optimale durable dans une economie dont les activites productives sont responsables d'emissions polluantes qui s'accumulent dans la nature et degradent le bien-etre des individus. Nous cherchons donc a identifier les...

In the current age of trade and financial openness, remote and poor local economies are becoming increasingly exposed to inflows of external capital. External investors - enjoying lower credit constraints than local dwellers - might play a propulsive role for local development. At the same time,...

In this paper we discuss the influence of using different production functions on modeling the resource extraction rates and economic growth. The focus is set on the modeling of the production sector, which requires either non-renewable resources, renewable resources or a combination of both...

The purpose of this paper is to survey the contributions to economic growth theory. We focus on the basic models and literature that link resource economic and economic growth, in order to reveal the main differences on how the different aspects are incorporated into growth models. As economic...

The paper proposes an analysis of the relations between economic growth, population growth and natural ecosystem carrying capacity, applying an ecological economics approach. Starting from construction of a standard economic growth model, we introduce the effect of a natural renewable resource....