This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. Bazhal develops Schumpeter's theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innovation....

Chapter 1: Editors’ Introduction -- Part I: Expert Overviews -- Chapter 2: Developing Meaningful Composite Environmental Indices with DEA -- Chapter 3: Modelling the Generation of Pollutants in Environmental Economics -- Chapter 4: Environmental Productivity Growth in Consumer Durables -- Part...

The book constructs the Synergy Theory, a new theory of economic growth and calculation methodology. The book involves empirical comparative study on economic growth between China and the 14 developed countries, and on the basis of the synergy theory, divides GDP into labor compensation, capital...

Recent developments in economics have gone from the recognition of the importance of innovation for growth and the exploration of innovation mechanisms to the incorporation of the results of the previous research into economic models. An important lesson to be drawn from all this research is...

Dynamic Systems in Growth Models -- On Adequate Transversality Conditions for Infinite Horizon Optimal Control Problems-A Famous Example of Halkin -- Sequential Precision of Predictions in Models of Economic Growth -- High Order Precision Estimates in Algorithms for Solving Problems of Economic...

Globalization, Specialization and Innovation Dynamics.- Savings, Investment and Growth: New Approaches for Macroeconomic Modeling -- Economic Integration, Technological Progress and Growth -- Impact of the Real Exchange Rate on Trade, Structural Change and Growth -- Macroeconomic Aspects of...

This book explores how to set up an empirical model that helps with forecasting long-term economic growth in a large number of countries. It offers a systematic approach to models of potential GDP that can also be used for forecasts of more than a decade. It is an attempt to fill the wide gap...

This book is particularly concerned with China’s path to green development and how it can be understood, exploring questions such as how the goal of Chinese-led green development can be achieved. The book provides systematic explanations of the theory of green development, exploring its...

This book provides an interdisciplinary account of how technological advances - mainly in the domains of energy and transportation - contribute to the transformation towards a more sustainable economic system. Drawing on methods from engineering, the management sciences and economics, which it...