We build a theoretical model of optimal, closed-economy growth including inputs of human and knowledge capital and growing natural resources, and give three approximate calibrations of it to global economic growth during 1995-2014. We thereby show that the World Bank's Adjusted Net Saving...

We build a theoretical model of optimal, closed-economy growth including inputs of human and knowledge capital and growing natural resources, and give three approximate calibrations of it to global economic growth during 1995-2014. We thereby show that the World Bank's Adjusted Net Saving...