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Resources, technology, and development: Will the table be bare when poor countries get there?

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Notes

  1. See American Petroleum Institute, Basic Petroleum Data Base, Vol. II, no. 3, Sept. 1982.

  2. Thomas J. Woods, “Resource depletion and lower 48 oil and gas discovery rates,” Oil and Gas Journal, October 28, 1985.

  3. The coefficient on \(\hat{m}\) is, strictly, speaking, k/(1−k), which is approximately k for small values of k.

  4. Goldar Bishwanath, “Productivity Trends in Indian Manufacturing Industry: 1951–78,” Indian Economic Review, Vol. 18, No. 1, 1983, pp. 73–99.

  5. See World Bank, World Development Report, Oxford University Press, 1982, 1985.

  6. An earlier version of this model was published in my book, The Efficient Use of Energy Resources, Yale University Press, New Haven, 1969.

  7. See Robert Gordon, Tjalling Koopmans, William Nordhaus, and Brian Skinner, Toward a New Iron Age?, forthcoming, Harvard University Press, 1987.

  8. Many of the issues treated below are discussed in a non-technical fashion in Robert Repetto, The Global Possible, Yale University Press, New Haven, 1985.

  9. The most thorough authoritative report is contained in United States National Academy of Sciences, Changing Climate, National Academy Press, Washington, 1983.

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This paper was delivered as the V. K. Ramaswamy lecture in Delhi, India in February 1986.

Reprint of “Resources, Technology, And Development: Will The Table Be Bare When Poor Countries Get There?”, by W. D. Nordhaus, 1986, Indian Economic Review, New Series, Vol. 21, pp. 81–94. Copyright 1986. Published by Department of Economics, Delhi School of Economics, University of Delhi. Reprinted with permission.

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Nordhaus, W.D. Resources, technology, and development: Will the table be bare when poor countries get there?. Ind. Econ. Rev. 54 (Suppl 1), 7–18 (2019). https://doi.org/10.1007/s41775-019-00066-1

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