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Cyclical Growth and Primary Resource Constraint

Author

Listed:
  • Mario Amendola

    (UNIROMA - Università degli Studi di Roma "La Sapienza" = Sapienza University [Rome])

  • Claude Froeschlé

    (CASSIOPEE - Laboratoire de Cosmologie, Astrophysique Stellaire & Solaire, de Planétologie et de Mécanique des Fluides - UNS - Université Nice Sophia Antipolis (1965 - 2019) - INSU - CNRS - Institut national des sciences de l'Univers - Observatoire de la Côte d'Azur - UniCA - Université Côte d'Azur - CNRS - Centre National de la Recherche Scientifique)

  • Elena Lega

    (CASSIOPEE - Laboratoire de Cosmologie, Astrophysique Stellaire & Solaire, de Planétologie et de Mécanique des Fluides - UNS - Université Nice Sophia Antipolis (1965 - 2019) - INSU - CNRS - Institut national des sciences de l'Univers - Observatoire de la Côte d'Azur - UniCA - Université Côte d'Azur - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Luc Gaffard

Abstract

The most important limit to growth, in traditional as well as more recent growth models, is the shortage of primary factors. This implies a lower growth rate unless technical progress makes it possible to partially release the primary resource constraint. However, this divertes the attention from the crucial aspects of dynamic processes : structural aspects and, paramount, the time structure of production. This paper is an attempt to construct a model of change, in a neo-austrian perspective, in which the sequential character of production appears as the truly essential limit to growth

Suggested Citation

  • Mario Amendola & Claude Froeschlé & Elena Lega & Jean-Luc Gaffard, 1996. "Cyclical Growth and Primary Resource Constraint," Post-Print hal-03397464, HAL.
    • Handle: RePEc:hal:journl:hal-03397464
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    Cited by:

    1. Sylvie Faucheux & Isabelle Nicolaï, 1998. "Les firmes face au développement durable : changement technologique et gouvernance au sein de la dynamique industrielle," Post-Print hal-01799265, HAL.
    2. Faucheux, Sylvie & Nicolai, Isabelle, 1998. "Environmental technological change and governance in sustainable development policy," Ecological Economics, Elsevier, vol. 27(3), pages 243-256, December.

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