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Inter-generational distribution of resources in a model of economic growth taking the land vs. food trade-off into account
Voosholz, Frauke - 2014 - Preliminary Draft, June 2013
This paper considers a model with three overlapping generations of which only the middle one is able to work. There is a trade-off between food and bio-fuel pro- duction. We try to study this trade-off, its influence on economic growth and on resource consumption. The paper should state that...
Persistent link: https://www.econbiz.de/10010357849
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The influence of different production functions on modeling resource extraction and economic growth
Voosholz, Frauke - 2014 - Corrected Draft September 2014
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...
Persistent link: https://www.econbiz.de/10010402272
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On discounting and voting in a simple growth model
Borissov, Kirill; Pakhnin, Mikhail; Puppe, Clemens - 2015
In dynamic resource allocation models, the non-existence of voting equilibria is a generic phenomenon due to the multi … on this observation, we propose an institutional setup ("intertemporal majority voting") in a Ramsey-type growth model … proposed intertemporal majority voting procedure. We also provide a characterization of balanced-growth and steady-state voting …
Persistent link: https://www.econbiz.de/10011402729
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Natural Resources and Economic Growth Revisited
Stijns, Jean-Philippe - 2013
Data on energy and mineral reserves suggest that natural resource abundance has not been a significant structural determinant of economic growth between 1970 and 1989. The story behind the effect of natural resources on economic growth is a complex one that typical growth regressions do not...
Persistent link: https://www.econbiz.de/10014133688
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A survey on modeling economic growth : with special interest on natural resource use
Voosholz, Frauke - 2014
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...
Persistent link: https://www.econbiz.de/10010350794
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Do we still need carbonIntensive capital when transitioning to a green economy?
Jin, Wei; Ploeg, Frederick van der; Zhang, Lin - 2020
This paper presents a two-sector green endogenous growth model to explore a mechanism that explains why carbon-intensive capital is not necessarily shut down during transition to a green economy. Without accumulating clean capital to offset carbon emissions, a tightening of climate regulation...
Persistent link: https://www.econbiz.de/10012383739
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Growth regression and economic theory
Elbers, Chris; Gunning, Jan Willem - 2002 - Rev.
In this note we show that the standard, loglinear growth regression specificationis consistent with one and only one model in the class of stochastic Ramsey models. Thismodel is highly restrictive: it requires a Cobb-Douglas technology and a 100% depreciationrate and it implies that risk does...
Persistent link: https://www.econbiz.de/10011326976
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Growth Regression and Economic Theory
Elbers, Chris; Gunning, Jan Willem - 2002
In this note we show that the standard, loglinear growth regression specificationis consistent with one and only one model in the class of stochastic Ramsey models. Thismodel is highly restrictive: it requires a Cobb-Douglas technology and a 100% depreciationrate and it implies that risk does...
Persistent link: https://www.econbiz.de/10010324792
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Growth Regressions and Economic Theory
Elbers, Chris; Gunning, Jan Willem - 2002
In this note we show that the standard, loglinear growth regression specification is consistent with one and only one model in the class of stochastic Ramsey models. This model is highly restrictive: it requires a Cobb-Douglas technology and a 100% depreciation rate and it implies that risk does...
Persistent link: https://www.econbiz.de/10014118340
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Space and Growth
Abreu, Maria; de Groot, Henri L.F.; Florax, Raymond J.G.M. - 2004
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10010325168