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) optimal renewable resource use, (ii) the tragedy of the commons, (iii) economic growth and pollution. I then compare results …. In a model of economic growth and pollution, hyperbolic discounting establishes the Golden Rule of capital accumulation …
Persistent link: https://www.econbiz.de/10011706020
environmental problems: (i) optimal renewable resource use, (ii) the tragedy of the commons, (iii) economic growth and pollution. I … access resources. In a model of economic growth and pollution, hyperbolic discounting establishes the Golden Rule of capital …
Persistent link: https://www.econbiz.de/10011742760
The natural sciences have established a general scaling law that relates metabolism and body size of animals. Recently this association - known as Kleiber's law - has received deep theoretical foundation by network theory and has been fruitfully applied to explain various biological phenomena,...
Persistent link: https://www.econbiz.de/10003612628
The natural sciences have established a general scaling law that relates metabolism and body size of animals. Recently this association - known as Kleiber's law - has received deep theoretical foundation by network theory and has been fruitfully applied to explain various biological phenomena,...
Persistent link: https://www.econbiz.de/10010264937
Persistent link: https://www.econbiz.de/10011478618
This paper integrates a simple theory of identity choice into a framework of endogenous economic growth to explain how secularization can be both cause and consequence of economic development. A secular identity allows an individual to derive more pleasure from consumption than religious...
Persistent link: https://www.econbiz.de/10010492354
Persistent link: https://www.econbiz.de/10012127389
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period...
Persistent link: https://www.econbiz.de/10011397182
We present a multi-country theory of economic growth and R&Ddriven technological progress in which countries are connected by a network of knowledge exchange. Technological progress in any country depends on the state of technology in the countries it exchanges knowledge with. The diffusion of...
Persistent link: https://www.econbiz.de/10011665033
Recent empirical research has shown that output and GDP per capita in the aftermath of natural disasters are not necessarily lower than before the event. In many cases, both are not significantly affected and, surprisingly, sometimes they are found to respond positively to natural disasters....
Persistent link: https://www.econbiz.de/10011534396