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Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
Persistent link: https://www.econbiz.de/10010325207
The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative effect on the average growth rate of output. This theoretical ambiguity result is not solely determined by the value of the elasticity of intertemporal substitution (of...
Persistent link: https://www.econbiz.de/10010325453
The purpose of this article is to classify existing approaches to analyzing theoretical and methodological aspects of innovation development in modern economic systems. We also present a new approach based on existing ones that combines advantages, eliminates drawbacks, and offers means of...
Persistent link: https://www.econbiz.de/10011632498