Growth Models with Spatial Externalities
In: Economic Growth in the Regions of Europe; Contributions to Economics, S. 23-28
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In: Economic Growth in the Regions of Europe; Contributions to Economics, S. 23-28
In: Journal of political economy, Band 99, Heft 3, S. 522-540
ISSN: 1537-534X
In: Kyklos: international review for social sciences, Band 32, Heft 1-2, S. 251-269
ISSN: 1467-6435
In: Economic Development and Cultural Change, Band 14, Heft 1, S. 85-90
ISSN: 1539-2988
In: https://ir.library.carleton.ca/pub/420
In this paper we show that the abundance of a natural resource such as oil need not present a curse for the domestic economy, dooming the non-oil sector to secondary status and a long period of stagnation and decline. Rather oil revenues can themselves be source of economy wide growth. What is required is the judicious use of oil revenues, in our case the channelling oil revenues into government capital/infrastructure that will complement private capital. We show that in such cases economy wide growth need not arise at the expense of other government services. In the steady state government consumption can grow in line with private consumption, in our case at the rate dictated by household preferences.
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In: Indian journal of public administration, Band 49, Heft 2, S. 147-156
ISSN: 2457-0222
In: The Indian journal of public administration: quarterly journal of the Indian Institute of Public Administration, Band 49, Heft 2, S. 147-156
ISSN: 0019-5561
In: Journal of political economy, Band 63, Heft 4, S. 322-336
ISSN: 1537-534X
In: Journal of economics, Band 78, Heft 3, S. 239-258
ISSN: 1617-7134
In: Sustainable Forest Management, S. 315-341
In: The Economic Journal, Band 70, Heft 277, S. 57
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ISSN: 1468-0106
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ISSN: 1532-8007
In: New Zealand economic papers, Band 32, Heft 2, S. 107-127
ISSN: 1943-4863
In: Sustainable Forest Management, S. 151-163