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attendance rates for a panel of countries from 1925 to 1990. We employ panel cointegration and causality techniques to control … the log of GDP per capita. The result is robust to alternative estimation methods, potential outliers, sample selection …
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/3. -- Economic Growth ; Energy ; Metabolism ; Power Laws ; Networks … fruitfully applied to explain various biological phenomena, in particular ontogenetic growth. Here we derive a similar power law … for economic metabolism (energy consumption per capita) and economic size (capital per capita). Invoking the power law we …
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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 …
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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
fruitfully applied to explain various biological phenomena, in particular ontogenetic growth. Here we derive a similar power law … for economic metabolism (energy consumption per capita) and economic size (capital per capita). Invoking the power law we … resulting structural model and find evidence in favor of a scaling parameter, between energy and capital per capita, of about 2/3. …
Persistent link: https://www.econbiz.de/10010264937
We examine the long-run relationship between fertility, mortality, and income using panel cointegration techniques and … the available data for the last century. Our main result is that mortality changes and growth of income per capita account …, is insufficient to explain the secular decline of population growth. For that interaction of mortality and income growth …
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by declining religiosity. In order to explain this phenomenon, we integrate into standard R&D-based growth theory a micro … increasing labor share in R&D and gradually increasing productivity growth. We use these insights to reflect on trends in … religiosity and R&D-based growth in the very long run, from Enlightenment to the present day …
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