Sustainable development in an economy-ecology integrated model

Research output: Working paperProfessional

Abstract

In this paper an endogenous growth model is analyzed which takes account of environmental deterioration and abatement. The environment plays a role both in production and welfare. It is common practice to solve growth models by looking at a balanced growth solution, which is often associated withsustainable development. We derive the conditions under which sustainable development is feasible. Furthermore, the conditions for optimal balancedgrowth are derived. Finally, some comparative statics of the balanced growth solutions are discussed and a numerical example is given to illustrate themodel and to provide further insight.
Original languageEnglish
Place of PublicationAmsterdam
PublisherFaculty of Economics and Business Administration, Vrije Universiteit Amsterdam
Publication statusPublished - 1994

Publication series

NameResearch Memorandum
No.1994-48

Fingerprint

Sustainable development
Integrated model
Balanced growth
Ecology
Endogenous growth model
Comparative statics
Abatement
Deterioration
Growth model

Cite this

Hofkes, M. W. (1994). Sustainable development in an economy-ecology integrated model. (Research Memorandum; No. 1994-48). Amsterdam: Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam.
Hofkes, Marjan W. / Sustainable development in an economy-ecology integrated model. Amsterdam : Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam, 1994. (Research Memorandum; 1994-48).
@techreport{1c7ead0598574b70835391aa8074983f,
title = "Sustainable development in an economy-ecology integrated model",
abstract = "In this paper an endogenous growth model is analyzed which takes account of environmental deterioration and abatement. The environment plays a role both in production and welfare. It is common practice to solve growth models by looking at a balanced growth solution, which is often associated withsustainable development. We derive the conditions under which sustainable development is feasible. Furthermore, the conditions for optimal balancedgrowth are derived. Finally, some comparative statics of the balanced growth solutions are discussed and a numerical example is given to illustrate themodel and to provide further insight.",
author = "Hofkes, {Marjan W.}",
year = "1994",
language = "English",
series = "Research Memorandum",
publisher = "Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam",
number = "1994-48",
type = "WorkingPaper",
institution = "Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam",

}

Hofkes, MW 1994 'Sustainable development in an economy-ecology integrated model' Research Memorandum, no. 1994-48, Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam, Amsterdam.

Sustainable development in an economy-ecology integrated model. / Hofkes, Marjan W.

Amsterdam : Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam, 1994. (Research Memorandum; No. 1994-48).

Research output: Working paperProfessional

TY - UNPB

T1 - Sustainable development in an economy-ecology integrated model

AU - Hofkes, Marjan W.

PY - 1994

Y1 - 1994

N2 - In this paper an endogenous growth model is analyzed which takes account of environmental deterioration and abatement. The environment plays a role both in production and welfare. It is common practice to solve growth models by looking at a balanced growth solution, which is often associated withsustainable development. We derive the conditions under which sustainable development is feasible. Furthermore, the conditions for optimal balancedgrowth are derived. Finally, some comparative statics of the balanced growth solutions are discussed and a numerical example is given to illustrate themodel and to provide further insight.

AB - In this paper an endogenous growth model is analyzed which takes account of environmental deterioration and abatement. The environment plays a role both in production and welfare. It is common practice to solve growth models by looking at a balanced growth solution, which is often associated withsustainable development. We derive the conditions under which sustainable development is feasible. Furthermore, the conditions for optimal balancedgrowth are derived. Finally, some comparative statics of the balanced growth solutions are discussed and a numerical example is given to illustrate themodel and to provide further insight.

M3 - Working paper

T3 - Research Memorandum

BT - Sustainable development in an economy-ecology integrated model

PB - Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam

CY - Amsterdam

ER -

Hofkes MW. Sustainable development in an economy-ecology integrated model. Amsterdam: Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam. 1994. (Research Memorandum; 1994-48).