The paper develops a model with non-exponential population growth, nonrenewable natural resources, and endogenous knowledge creation to analyse substitution between primary inputs and an essential use of resources in the innovation sectors, which is generally considered as most unfavourable for...

The paper develops a model with non-exponential population growth, nonrenewable natural resources, and endogenous knowledge creation to analyse substitution between primary inputs and an essential use of resources in the innovation sectors, which is generally considered as most unfavourable for...

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...

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...

Population growth has two potentially counteracting effects on pollution emissions:(i) more people implies more production and thereby more emissions, and (ii) more people implies a larger research capacity which might reduce the emission intensity of production, depending on the direction of...

Dynamic Systems in Growth Models -- On Adequate Transversality Conditions for Infinite Horizon Optimal Control Problems-A Famous Example of Halkin -- Sequential Precision of Predictions in Models of Economic Growth -- High Order Precision Estimates in Algorithms for Solving Problems of Economic...

We examine the relationship between competition and innovation in an industry where production is polluting and R&D aims to reduce emissions ("green" innovation). We present an n-firm oligopoly where firms compete in quantities and decide their investment in "green" R&D. When environmental...