Externalities in an endogenous growth model with social and natural capital

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

doi:10.1016/j.ecolecon.2009.09.008

Externalities in an endogenous growth model with social and natural capital

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

NOVA School of Business and Economics (NOVA SBE)

Research output: Contribution to journal › Article › peer-review

25 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 language	English
Pages (from-to)	603-612
Journal	Ecological Economics
Volume	69
Issue number	3
DOIs	https://doi.org/10.1016/j.ecolecon.2009.09.008
Publication status	Published - 1 Jan 2010

Keywords

Human capital
Social capital
Natural capital
Produced capital
Economic growth

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.ecolecon.2009.09.008

Cite this

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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.",

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AU - Roseta-Palma, Catarina

AU - Ferreira-Lopes, Alexandra

AU - Sequeira, Tiago

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AB - 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.

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KW - Social

KW - capital

KW - Produced

KW - environmental

KW - curve

KW - attitudes

KW - kuznets

KW - Natural

KW - pollution

KW - Economic

KW - growth

KW - economic-growth

KW - Human capital

KW - Social capital

KW - Natural capital

KW - Produced capital

KW - Economic growth

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DO - 10.1016/j.ecolecon.2009.09.008

M3 - Article

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SP - 603

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JO - Ecological Economics

JF - Ecological Economics

IS - 3

ER -

Externalities in an endogenous growth model with social and natural capital

Abstract

Keywords

UN SDGs

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