Abstract
In this chapter, I continue with the integration of depletable resources into two growth theories: the Harrod-Domar growth theory and the neoclassical growth theory. It try to determine whether a state of steady growth can be combined with a steady depletion of exhaustible resources on the one hand, and sustainable use of renewable resources on the other. This combination of steady growth, steady depletion and sustainable use is called sustainable growth. Within this framework, special attention is paid to the critical role of interest rate and technical change.1
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W.J.M. Heijman, 1991. Depletable resources and the economy. Wageningen Economic Studies (WES) 21. Pudoc, Wageningen.
See Chapter 13.
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© 1998 Springer Science+Business Media Dordrecht
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Heijman, W.J.M. (1998). Resource Depletion and Economic Growth. In: The Economic Metabolism. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-5038-5_15
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DOI: https://doi.org/10.1007/978-94-011-5038-5_15
Publisher Name: Springer, Dordrecht
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