The Roles of the Environment and Natural Resources in Economic Growth Analysis

Michael Toman ()

RFF Working Paper Series from Resources for the Future

Abstract: The primary aim of this paper is pedagogical. We first present and discuss a “wiring diagram” framework in order to elucidate the general links between economic growth and "natural capital." After developing the general framework, we develop parallel frameworks applicable to several specific sectors of the economy (agriculture, forestry, and manufacturing). Two appendices provide a mathematical formulation of the economy-wide framework and a brief historical review of the role of natural resources and the environment in economic growth theory.

Keywords: economic growth; natural resources; sustainable development (search for similar items in EconPapers)
JEL-codes: O1 Q00 (search for similar items in EconPapers)
Date: 2003-05-01
New Economics Papers: this item is included in nep-agr and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Working Paper: The Roles of the Environment and Natural Resources in Economic Growth Analysis (2003)
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