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that leads to the stabilization of concentrations at 450 ppm. (2) North and South converge to a path of sustained growth at … year while Souths rates of growth are markedly higher. The transition paths require a drastic reduction of the share of … education in South. Surprisingly, in order to sustain Norths utility growth rate, some output must be transferred from South to …
Persistent link: https://www.econbiz.de/10010547479
that leads to the stabilization of concentrations at 450 ppm. (2) North and South converge to a path of sustained growth at … year while South’s rates of growth are markedly higher. The transition paths require a drastic reduction of the share of … education in South. Surprisingly, in order to sustain North’s utility growth rate, some output must be transferred from South to …
Persistent link: https://www.econbiz.de/10008680902
Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our … approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human … substituting consumption for the quality of life. Our sustainability results carry over. As it should be expected, optimal …
Persistent link: https://www.econbiz.de/10010318844
Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our … approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human … substituting consumption for the quality of life. Our sustainability results carry over. As it should be expected, optimal …
Persistent link: https://www.econbiz.de/10010575242
towards less intensive ones, like knowledge, education, and leisure. -- sustainability ; climate change ; growth ; GHG ; CO2 …Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our … approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human …
Persistent link: https://www.econbiz.de/10009686597
projections can be resolved by accounting for growth convergence in a climate-econometric approach that is consistent with the …-level economic growth, our convergence-consistent projections reveal that under an unmitigated warming scenario, global climate …
Persistent link: https://www.econbiz.de/10014292777
projections can be resolved by accounting for growth convergence in a climate-econometric approach that is consistent with the …-level economic growth, our convergence-consistent projections reveal that under an unmitigated warming scenario, global climate …
Persistent link: https://www.econbiz.de/10014377464
of low emissions compatible with sustainable levels of human welfare? With steady growth in human quality of life … of the first generation subject to achieving a given, constant rate of growth in all subsequent generations. Hence, our … analysis focuses on a human notion of sustainability, as opposed to the conventional green sustainability, limited to keeping …
Persistent link: https://www.econbiz.de/10010547230
environment. We reject discounted utilitarianism and adopt, first, the Pure Sustainability Optimization (or Intergenerational … Maximin) criterion, and, second, the Sustainable Growth Optimization criterion, that maximizes the utility of the first … generation subject to a given future rate of growth. We apply these criteria to our calibrated model via a novel algorithm …
Persistent link: https://www.econbiz.de/10005708011
of low emissions compatible with sustainable levels of human welfare? With steady growth in human quality of life … of the first generation subject to achieving a given, constant rate of growth in all subsequent generations. Hence, our … analysis focuses on a human notion of sustainability, as opposed to the conventional "green" sustainability, limited to keeping …
Persistent link: https://www.econbiz.de/10005762832