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The 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.

Keywords: economic growth ; natural resources ; sustainable development

Subject(s): Resource /Energy Economics and Policy

Issue Date: 2003

Publication Type: Working or Discussion Paper

PURL Identifier: http://purl.umn.edu/10510

Total Pages: 38

JEL Codes: Q00; O1

Series Statement: Discussion Paper 02-71

Record appears in: Resources for the Future > Discussion Papers





Autor: Toman, Michael

Fuente: http://ageconsearch.umn.edu/record/10510?ln=en



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