With exhaustible resources, can a developing country escape from the poverty trap?

DOI10.1016/J.JET.2010.07.005zbMath1203.91182OpenAlexW3122850312MaRDI QIDQ617689

Tu Anh Nguyen, Cuong Le Van, Katheline Schubert

Publication date: 13 January 2011

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2010.07.005

zbMATH Keywords

poverty trapoptimal growthnon-renewable resourceconvex-concave technology

Mathematics Subject Classification ID

Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (3)

Existence of equilibria in exhaustible resource markets with economies of scale and inventories ⋮ A never-decisive and anonymous criterion for optimal growth models ⋮ Economic dynamics with renewable resources and pollution

Cites Work

• A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
• A model of optimal growth strategy
• Dynamic programming in economics.
• Renewable resources in an endogenously growing economy: balanced growth and transitional dynamics
• Why do resource-abundant economies grow more slowly?

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