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We analyze the long-run growth effects of automation in the standard overlap- ping generations framework. We show that, in contrast to other neoclassical models of capital accumulation, automation does not promote growth but induces economic stagnation. The reason is that automation suppresses...
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For more than a decade, advocates of both green growth and degrowth have argued about the role of economic growth for the transformation towards a societal system that ensures social well-being on a global scale without transgressing planetary boundaries. Given that such a transformation needs...
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What relevance does economic growth have for achieving environmental policy goals? The report analyzes the arguments of various positions in this discourse and formulates an ideal-type "precautionary post-growth position". It also presents causes of economic growth and identifies social areas...
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