Externalities in an endogenous growth model with social and natural capital

Catarina Roseta-Palma, Alexandra Ferreira-Lopes, Tiago Sequeira

Research output: Contribution to journalArticlepeer-review

24 Citations (Scopus)

Abstract

Models of economic growth are typically based on the use of one or more stocks of productive assets to create goods for utility-generating consumption. The roles played by man-made capital, natural capital, and human capital have been explored in the literature, and more recently the notion of social capital has been brought to the fore. This paper provides an attempt to construct an inclusive model of growth, analyzing externalities and distortions due to market failures linked with social capital and environmental problems. (C) 2009 Elsevier B.V. All rights reserved.
Original languageEnglish
Pages (from-to)603-612
JournalEcological Economics
Volume69
Issue number3
DOIs
Publication statusPublished - 1 Jan 2010

Keywords

  • Human capital
  • Social capital
  • Natural capital
  • Produced capital
  • Economic growth

Fingerprint

Dive into the research topics of 'Externalities in an endogenous growth model with social and natural capital'. Together they form a unique fingerprint.

Cite this