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The paper develops a model with non-exponential population growth, nonrenewable natural resources, and endogenous knowledge creation to analyse substitution between primary inputs and an essential use of resources in the innovation sectors, which is generally considered as most unfavourable for...
Persistent link: https://www.econbiz.de/10011793475
The paper develops a model with non-exponential population growth, nonrenewable natural resources, and endogenous knowledge creation to analyse economic development in the medium and long run. We further assume poor substitution between primary inputs and an essential use of resources in the...
Persistent link: https://www.econbiz.de/10014217028
The paper develops an integrated baseline model to assess the trade-offs between the natural environment and economic growth. Consumption growth is considered under welfare and sustainability aspects. The framework features capital accumulation and the sectoral structure of the economy as key...
Persistent link: https://www.econbiz.de/10012981598
Persistent link: https://www.econbiz.de/10003943859
Persistent link: https://www.econbiz.de/10009778336
Persistent link: https://www.econbiz.de/10003761394
The paper develops a model with non-exponential population growth, nonrenewable natural resources, and endogenous knowledge creation to analyse substitution between primary inputs and an essential use of resources in the innovation sectors, which is generally considered as most unfavourable for...
Persistent link: https://www.econbiz.de/10011753151
We analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical...
Persistent link: https://www.econbiz.de/10003762230
We analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical...
Persistent link: https://www.econbiz.de/10014214475
The paper develops the concept of "Economic Pathways" (EPs), which characterize theory-based scenarios for an economy that strives to achieve decarbonization by mid-century. The theoretical framework derives closed-from analytical solutions for consumption, innovation, emissions, and population....
Persistent link: https://www.econbiz.de/10013365234