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Creating a Sustainable and Desirable Future -- Theoretical Foundations of Efficient Ecological Economic Studies -- Study on the EKC Characteristics of Regional Industrial Pollution Emissions in an Open Economic Environment -- Analysis of the Efficiency of Forestry Production and Convergence in...
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We analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical...
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A central issue in the study of sustainable development is the interplay of growth and sacrifice in a dynamic economy. This paper investigates the relationship among current consumption, sacrifice, and sustainability improvement in a general context and in two canonical, stylized economies. We...
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I define "generous sustainability" as a combination of two conditions: neither instantaneous maximin income nor attainable maximin income should decrease over time. I provide a formal definition and study applications to an AK economy, a Ramsey economy, and a Climate Economy. Generosity is shown...
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