The Economics of Resources or the Resources of Economics

By R. Solow. 2008

1,405 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management, Monitoring, Policy and Law

View Paper: https://www.semanticscholar.org/paper/0735af935da1edd19c7c8662a0eff58bc34aa493

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Citations in the corpus

The Long-Run Discount Rate Controversy (2014, background): “To quote Solow (1974), “in solemn conclave assembled, so to speak, we ought to act as if the social rate of pure time preference were zero.””
Human Development and Economic Sustainability (2000, methodology): “For Robert Solow (1974b, 1991), sustainability is simply a matter of distributional equity, about sharing the capacity for wellbeing between present people and future people: [It is] an obligation to conduct ourselves so that we leave to the future the option or the capacity to be as well o as we…”
Insight, part of a Special Feature on Ecosystem Service Trade-offs across Global Contexts and Scales A sustainability framework for assessing trade-offs in ecosystem services (2015, background): “…has deep roots, including an outpouring of seminal papers in the late 1960s and early 1970s at the time of the rise of the environmental movement and concerns about resource scarcity (Krutilla 1967, Arrow and Fisher 1974, Dasgupta and Heal 1974, Solow 1974, Stiglitz 1974, Clark 1976).”
Climate Policy and the Optimal Balance between Mitigation, Adaptation and Unavoided Damage (2010, neutral): “In line with a long line of economists (Ramsey 1928, Harrod 1948, Solow 1974), Stern (2007) argues on ethical grounds for a near-zero PRTP, while others dismiss this and argue that it is inconsistent with actual individual behaviour (Nordhaus 2007, Weitzman 2007a).”
The Need to Reintegrate the Natural Sciences with Economics (2001, background): “…of other factors for non-renewable resources, although noting that " if … real output per unit of resources is effectively bounded – cannot exceed some upper limit of productivity which in turn is not too far from where we are now – then catastrophe is unavoidable " (Solow 1974, p. 11).”
Limitations of Economic Valuation of Ecosystems (2000, background): “…to growth’’ issue arose in public discourse, economists were able to dismiss fears about running out of material resources on the grounds that unbounded increases in capital and technology would compensate, based upon the production function argument (Dasgupta and Heal 1979; Solow 1974, p. 11).”
On the Circular Bioeconomy and Decoupling: Implications for Sustainable Growth (2019, background): “…models, the paper has revealed that the current EU narratives explicitly support the claim of the neoclassical economists that any limiting production factor can be substituted by technological innovation: “the world can, in effect, get along without natural resources” (Solow, 1974) (p. 11).”
Social discount rates for the European Union: an overview (2006, background): “The derivation by Stern (1977) for the UK income tax regime in 1973-74, before concerns about tax incentives became so prominent, may give a better measure of social judgments about the utility of marginal income marginal across the income distribution.”
Non-renewable resources and growth with vertical innovations: optimum, equilibrium and economic policies (2003, background): “In the 1970s, Dasgupta and Heal (1974), Solow (1974), Stiglitz (1974), and Garg and Sweeney (1978), among others, analyzed the problem in ”standard” growth models (“à la Ramsey”).”