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The transition from a fossil-fuel economy to a knowledge economy

Fouquet, Roger and Hippe, Ralph (2019) The transition from a fossil-fuel economy to a knowledge economy. In: Fouquet, Roger, (ed.) Handbook on Green Growth. Elgar, Cheltenham, UK, 473 - 500. ISBN 9781788110679

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Identification Number: 10.4337/9781788110686.00031


The purpose of this chapter is to show that economic growth in history was driven by the development of energy markets (and boosted by energy transitions), particularly between the eighteenth century and 1973, and by the development of information, human capital and knowledge (and related transitions), which has also been underway for a long time but is becoming more dominant today. Thus, there has been a very long-run shift from energy resources to knowledge as a fundamental driver of economic growth.

Item Type: Book Section
Official URL:
Additional Information: © 2019 The Editor
Divisions: Grantham Research Institute
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
G Geography. Anthropology. Recreation > GE Environmental Sciences
JEL classification: N - Economic History > N3 - Labor and Consumers, Demography, Education, Health, Income, and Wealth > N33 - Economic History: Labor and Consumers, Demography, Education, Health, Income and Wealth: Europe: Pre-1913
N - Economic History > N9 - Regional and Urban History > N93 - Europe: Pre-1913
Date Deposited: 23 Oct 2023 12:48
Last Modified: 11 Jul 2024 04:15

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