The theory of welfare accounting shows that comprehensive measures of net investment can be used to test whether an economy is following unsustainable paths of consumption. However, the notion of net investment used in most applied studies rules out technological progress and terms-of-trade...

The theory of welfare accounting shows that comprehensive measures of net investment can be used to test whether an economy is following unsustainable paths of consumption. However, the notion of net investment used in most applied studies rules out technological progress and terms-of-trade...

The paper develops a model with non-exponential population growth, nonrenewable natural resources, and endogenous knowledge creation to analyse substitution between primary inputs and an essential use of resources in the innovation sectors, which is generally considered as most unfavourable for...

Bretschgers Werk vermittelt eine breite Übersicht über das Gebiet der Wachstumstheorie. Es umfasst sowohl die älteren Ansätze wie auch die aktuelle Literatur der ";Neuen"; Wachstumstheorie, in der die langfristige Wachstumsrate einer Wirtschaft durch die Theorie bestimmt wird