The study addresses the pressing issue of environmental degradation, pinpointing carbon dioxide (CO2) emissions as its primary driver, posing a threat to global environmental sustainability, including the member countries of the European Union (EU). Global warming problems persist, but previous...

Equal treatment for the present and the future was required in two axioms for sustainable development introduced by the author. This article shows that the two axioms are equivalent to awareness of physical limits in the long run future. We prove that two optimization problems are equivalent:...

Equal treatment for the present and the future was required in two axioms introduced in the articles by Chichilnisky of the years 1996 and 1997. These articles provide a characterization of the decision criterion that satisfies the axioms and shows that the two axioms are equivalent to physical...

The purpose of this paper is to survey the contributions to economic growth theory. We focus on the basic models and literature that link resource economic and economic growth, in order to reveal the main differences on how the different aspects are incorporated into growth models. As economic...

Optimal Growth Economics is concerned with the investigation of the contemporary issues in general economics, and growth economics and in the formulation of optimal growth programs, especially the issue of the sustainability of growth. This book proposes the development of optimal growth...

Chapter 1 An Introduction to the Economics of Optimal Growth Pathways -- Chapter 2 Ricardo’s Rent -- Chapter 3 Von Thunen’s Spatial Land Use: Grasslands and Cities -- Chapter 4 Faustmann’s Forest Harvest Rotation -- Chapter 5 Hotelling’s Fossil Fuel Economics -- Chapter 6 Fisheries...