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2013 | 154 | 72-81

Article title

Postęp techniczny a rola zasobów naturalnych w procesie produkcji

Content

Title variants

EN
Technological Progress and Natural Resources in Production Process

Languages of publication

PL

Abstracts

EN
The ongoing technological progress creates many new possibilities for the use of natural resources. Economic theory does not give a straight answer to questions on the role of resources in the production process - it is unclear if natural resources are complementary or substitutive with other factors. A natural question on the impact of these facts on longterm economic growth arise. There are opinions that technological progress will provide solution to all the problems associated with the depletion of the resources. The purpose of this paper is to attempt to answer questions about the theoretical relationship between long term economic growth, technological progress and the consumption of natural resources, taking into account the modern theory of growth and ecological economics. The main subject of research is the impact that role of natural resources (complementary or substitution) to the other factors of production can have on growth. An additional question is about role of exogenous technological progress.

Year

Volume

154

Pages

72-81

Physical description

Contributors

References

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  • Lin C., Meng H., Ngai T., Oscherov V., Zhu Y., Hotelling revisited: Oil prices and Endogenous Technological Progress, "Natural Resources Research" 2009, Vol. 18, No. 1.
  • Solow R., Intergenerational Equity and Exhaustible Resources, "Review of Economic Studies" 1974, Symposium volume.
  • Stiglitz J., Growth with Exhaustible Resources: Efficient and Optimal Growth Paths, "Review of Economic Studies" 1974, Symposium volume.

Document Type

Publication order reference

Identifiers

ISSN
2083-8611

YADDA identifier

bwmeta1.element.desklight-6233536e-5854-419c-887c-4131640cda1e
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