G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Natural Resources, Innovation, and Growth
Elissaios Papyrakis; Reyer Gerlagh
发表日期2004
出处Climate Change and Sustainable Development
出版年2004
语种英语
摘要This paper investigates the connection between resource abundance and innovation, as a transmission mechanism that can elucidate part of the resource curse hypothesis; i.e. the observed negative impact of resource wealth on income growth. We develop a variation of the Ramsey-Cass-Koopmans model with endogenous growth to explain the phenomenon. In this model, consumers trade off leisure versus consumption, and firms trade off innovation efforts versus manufacturing. For this model, we show that an increase in resource income frustrates economic growth in two ways: directly by reducing work effort and indirectly by inducing a smaller proportion of the labor force to engage in innovation.
特色分类O13,O31,Q33
关键词Natural resources,Growth,Innovation
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/natural-resources-innovation-and-growth/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117080
推荐引用方式
GB/T 7714
Elissaios Papyrakis,Reyer Gerlagh. Natural Resources, Innovation, and Growth. 2004.
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