Abstract
From the previous chapter we know that natural resources can be distinguished in terms of whether they are renewable or not, whether they are used as consumption good or as input to production, whether private property rights are defined or not, and whether they can be reused or not. Depending on these various characteristics, natural resources might either promote or limit economic growth. For instance, new renewable sources of energy might become available and thus enhance growth potential, e.g. based on solar radiation, or sources of non-renewable resources might be used up and thus restrain growth. The purpose of this chapter is to clarify the different stances towards the compatibility or incompatibility of natural resource use difand economic growth.
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Farmer, K., Bednar-Friedl, B. (2010). Economic Growth and Natural Resources. In: Intertemporal Resource Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-13229-2_2
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DOI: https://doi.org/10.1007/978-3-642-13229-2_2
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