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We study how stochasticity in the evolution of agricultural productivity interacts with economic and population growth at the global level. We use a two-sector Schumpeterian model of growth, in which a manufacturing sector produces the traditional consumption good and an agricultural sector...
Persistent link: https://www.econbiz.de/10011957742
We study how stochasticity in the evolution of agricultural productivity interacts with economic and population growth at the global level. We use a two-sector Schumpeterian model of growth, in which a manufacturing sector produces the traditional consumption good and an agricultural sector...
Persistent link: https://www.econbiz.de/10011749372
Persistent link: https://www.econbiz.de/10011486875
Persistent link: https://www.econbiz.de/10011959419
This study complements existing literature by examining the nexus between energy consumption (EC), CO2 emissions (CE) and economic growth (GDP) in 24 African countries using a panel ARDL approach. The following findings are established. First, there is a long run relationship between EC, CE and...
Persistent link: https://www.econbiz.de/10011390934
From the economic literature on the relationship between economic growth and environment pioneered by Grossman and Krueger (1991) and Shafik and Bandyopadhyay (1992) we first conduct a theoretical and critical reflection on the existence of a Kuznets curve for biodiversity. It appears that...
Persistent link: https://www.econbiz.de/10011460583
The objective of this paper is to establish whether the estimated relationship between environmental degradation and per capita income corroborates the inverted U-shape hypothesis as exemplified by the Environmental Kuznets curves (EKCs) in selected ECOWAS countries. Considering two variants of...
Persistent link: https://www.econbiz.de/10013362903
The empirical finding of an inverse U-shaped relationship between per capita income and pollution, the so-called Environmental Kuznets Curve (EKC), suggests that as countries experience economic growth, environmental deterioration decelerates and thus becomes less of an issue. Focusing on the...
Persistent link: https://www.econbiz.de/10008823924
What are the major determinants of green growth? What role can the government play to promote green growth? To address these questions, this paper develops a simple Green Solow model that sheds light on the role of finance and technology in the process of green growth. The empirical section of...
Persistent link: https://www.econbiz.de/10009746380
The evolution during the Anthropocene is analyzed through the interaction between economic and technological development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density power. The challenge is how to make the rising demand for...
Persistent link: https://www.econbiz.de/10010223439