Rent, Resources, Technologies

Rent, resources, and technologies are three crucial issues to the understanding of history and economics. The scarcity of resources, its interplay with technology, and the role of rent in explaining both economic growth and income distribution are investigated by adopting a multi-sectoral and non-proportional model, where scarce resources impose several scale constraints that may slow growth, but may contribute to further development of new technologies. In this dynamic framework the catego...