This paper presents a model of endogenous growth with an exhaustible resource, in which waste recycling increases the growth rate of total input. We show that technological change plays a central role in increasing the quantity of secondary materials produced. In our model, a double endogenous...

The literature on waste recycling neglects the potential effects that this process can have at the aggregate level, although there are positive externalities which have not emerged in the microeconomic analysis of this phenomenon. This paper investigates the macroeconomic effects of the waste...

In this paper we study both exhaustible and renewable resources in an endogenous growth model. In particular, we consider the hypotheses in which the rate of technical substitution (RTS) between those two inputs is or is not equal to one. Moreover, we depart from a basic theoretical framework to...

In this paper we have developed an endogenous growth model to deal with exhaustible resources and secondary materials together, under the assumptions that these two inputs are, or are not, technological perfect substitutes of each other, in order to compare the results obtained under both...

In this paper we study the problem of exhaustible resources and renewable resources in a theoretical endogenous growth framework, under various assumptions. In particular, we consider the hypotheses that those two inputs are or are not technologically perfect substitutes of each other. Moreover,...