Optimal Growth Paths with Exhaustible Resources: An Information-Based Model

Ayres RU (1987). Optimal Growth Paths with Exhaustible Resources: An Information-Based Model. IIASA Research Report. IIASA, Laxenburg, Austria: RR-87-011

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Abstract

This theoretical paper is a contribution to the basic theory of economic growth. It provides for an explicit role for technological change, both independently and in response to the exhaustion of stocks of nonrenewable resources (or, perhaps, obsolescent forms of capital). The paper suggests some interesting explanatory possibilities with regard to "long waves", a theme IIASA has explored for a number of years.

Item Type: Monograph (IIASA Research Report)
Research Programs: Technology, Economy, Society (TES)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 01:57
Last Modified: 22 Jul 2016 16:24
URI: http://pure.iiasa.ac.at/2907

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