The Uzawa-Lucas Growth Model with Natural Resources

Dmitry Neustroev

MPRA Paper from University Library of Munich, Germany

Abstract: This article offers the modification of the Uzawa-Lucas growth model. The model also includes natural resources as a factor of production. The necessary and sufficient conditions for this model are considered. Growth rates of the main macroeconomic indicators along balanced growth path are obtained. The analysis of influence of natural resources on economic growth along balanced growth path is considered.

Keywords: Uzawa-Lucas model; human capital; natural resources (search for similar items in EconPapers)
JEL-codes: C61 O41 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-dge, nep-fdg and nep-gro
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52937

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