Models of Sustainable DevelopmentSylvie Faucheux, David Pearce, David William Pearce, John L. R. Proops A rigorous approach to environmental sustainability suitable for researchers and graduate students in environmental economics. Surveys a wide range of approaches to modeling sustainable development, including neo-classical, evolutionary, ecological economics, and neo-Ricardian. Examines how they deal with such fundamental issues as equity between and within generations, the very long term, the irreversibility of ecological change, uncertainty and system complexity, and processes of technological change. Annotation copyright by Book News, Inc., Portland, OR |
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Page 92
... characterised by their initial endowment of consumer goods and primary factors , such as land or labour , and their preferences find material form in a utility function . Producers are characterised by their initial endowment of ...
... characterised by their initial endowment of consumer goods and primary factors , such as land or labour , and their preferences find material form in a utility function . Producers are characterised by their initial endowment of ...
Page 140
... characterised by capital goods of different qualities . In other words , by the fact that their production can have various effects on the natural environment . In contrast , more capital does not necessarily mean the mobilisation of a ...
... characterised by capital goods of different qualities . In other words , by the fact that their production can have various effects on the natural environment . In contrast , more capital does not necessarily mean the mobilisation of a ...
Page 211
... characterised by rigidity , coordination by regulations , individual responsibilities and a centralised decision process . On the other hand , organic systems are characterised by flexi- bility , coordination by consultation ...
... characterised by rigidity , coordination by regulations , individual responsibilities and a centralised decision process . On the other hand , organic systems are characterised by flexi- bility , coordination by consultation ...
Contents
Introduction | 1 |
Sustainability versus | 25 |
A Renewable Natural Resource Reproduction Competitive | 37 |
Copyright | |
14 other sections not shown
Common terms and phrases
allocation analysis approach assumptions behaviour Cambridge CGE models characterised circuit clean technologies climate change CO₂ concept constraint consumer consumption Costanza costs DeBellevue defined depends dynamics Ecological Economics economic growth economic model economic system Economic Theory ecosystem effects emissions endogenous growth endogenous growth theories energy technologies environment Environmental Economics equation equilibrium evolutionary exhaustible resources existence exogenous factors firms flow framework future greenhouse greenhouse gas growth models growth rate impact income increase innovation inputs interactions intergenerational equity intertemporal labour land-use learning-by-doing Liapunov function matrix N₁ natural capital natural environment neo-Ricardian neoclassical optimal organisational output overlapping generations model parameter path Patuxent Pearce period pollution possible problem produced capital production function production process regime resilience resource industry resource rent sector simulation social Solow spatial stability steady-state strategy structure substitution sustainable development technical change technical progress technique technological change trajectory University Press variables