The paper deals with the impacts of the traditional economic environment, explores the dynamics of population welfare and social inequality. Recommendations on the need and perspectives for the formation of new economic are proposed

This study estimates the productivity of public capital by constructing the public capital stock of 214 prefectures in China from 1999 to 2006 and combining both the macro-level data of prefectural economies and the micro-level data of manufacturing firms. Using an instrumental variable...

The paper presents and analyses the structure and consequences of limits to growth for the global economy. Apart from the famous report for the Club of Rome, a wide range of related literature, which all caution against the idea of unrestricted growth, is also covered. In presenting side tracks...

Economic growth since the industrial era has reduced poverty and increased societies' quality of life, but it also has implied negative environmental effects. There is an urgent need to correct this structural unbalance. The open issue is whether this correction implies sacrificing the...

Green jobs creation is the main element in the implementation of bioeconomy mechanisms along with other factors, such as gross domestic product (GDP), environmental protection and national security. The aim of this paper is to develop a profile of companies willing to create new jobs. Its...

Ezra Mishan's (1967) famous articulation of the costs of economic growth included amongst others the rearrangement and loss of nature. This paper builds on this theme by recourse to two important concepts in science, namely the assimilative capacity of nature and the entropy of law of...

Bangladesh's economy has been rising steadily during the last few decades. Bangladesh's GDP growth rate, IN particular, has been astounding during the last several years. The contribution made by Bangladesh's economy is diversifying on a daily basis. But first and foremost the primary issue is...

The Index of Sustainable Economic Welfare (ISEW) was introduced by Daly and Cobb in 1989 in order to integrate the information embodied in GDP. Since economic growth implies externalities and market failures, and a portion of it can be defined as “uneconomic”, the ISEW method introduces some...

Using province-level data for South Korea, we analyze the dynamic relationship between economic growth and several energy parameters. Specifically, we decompose the growth effect into scale, composition, and technique effects, and control for regional spillovers through the use of a dynamic GMM...

We investigate the effect of rising temperatures on economic development, using sub-national data for approximately 1,500 sub-national regions in 81 countries from the 1950s to the 2010s. Accounting for region- and time-fixed factors by means of a two-way fixed effects panel approach, we find no...