EconPapers    
Economics at your fingertips  
 

Sustainable Economic Growth in an Economy With Exhaustible Resources and a Declining Population Under the Balance‐of‐Payments Constraint

Hiroaki Sasaki, Noriki Fukatani, Daisuke Imai and Yusuke Kamanaka

Bulletin of Economic Research, 2025, vol. 77, issue 3, 328-345

Abstract: This study builds a growth model and investigates the effects of resource depletion and population increases or decreases on the growth rate of per‐capita consumption in an open economy that trades with the rest of the world. We examine the two cases in which the input ratio of exhaustible resources is fixed or is determined endogenously. In both cases, depending on the conditions, the long‐run growth rate of per‐capita consumption can be positive, irrespective of whether the population growth rate is positive or negative.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/boer.12488

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:buecrs:v:77:y:2025:i:3:p:328-345

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0307-3378

Access Statistics for this article

More articles in Bulletin of Economic Research from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-07-05
Handle: RePEc:bla:buecrs:v:77:y:2025:i:3:p:328-345