IDEAS home Printed from https://ideas.repec.org/a/sae/amerec/v22y1978i2p5-11.html
   My bibliography  Save this article

Resources and Economic Growth

Author

Listed:
  • Robert M. Solow

Abstract

Editor’s Introduction Originally published in Volume 22, Number 2, Fall 1978, pages 5-11 . Robert Solow (born 1924) is one of the most honored economists of all time. In 1961 he received the John Bates Clark medal given by the American Economic Association for significant contributions to the field by an American economist under the age of forty. Several Clark medal recipients have gone on to win the Nobel Memorial Prize in Economic Sciences, including Professor Solow in 1987 for his work in economic growth. His work was again honored in 2014 when he was awarded the Presidential Medal of Freedom, the highest civilian award presented by the United States. The Solow Growth Model, originally developed in the 1950s, is one of the most widely applied theories in modern economics. In this paper, Professor Solow examines how future economic growth and development is constrained if the natural resource base narrows over time. Professor Solow then applies a variant of his eponymous growth model to analyze the relationship between the ratio of nonrenewable resource inputs to GNP in the United States over the middle half of the twentieth century.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Robert M. Solow, 1978. "Resources and Economic Growth," The American Economist, Sage Publications, vol. 22(2), pages 5-11, October.
    • Handle: RePEc:sae:amerec:v:22:y:1978:i:2:p:5-11
    DOI: 10.1177/056943457802200201
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/056943457802200201
    Download Restriction: no
    File URL: https://libkey.io/10.1177/056943457802200201?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    More about this item

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General
    • N52 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - U.S.; Canada: 1913-

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:amerec:v:22:y:1978:i:2:p:5-11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://journals.sagepub.com/home/aex .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.