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 179
... period . In the model , h ̧ ( t ) , f ( t ) and c ( t ) are explained either by exogenous functions , corresponding ... period , and cannot be changed during the period ; thus changes can only take place at the junction from one period ...
... period . In the model , h ̧ ( t ) , f ( t ) and c ( t ) are explained either by exogenous functions , corresponding ... period , and cannot be changed during the period ; thus changes can only take place at the junction from one period ...
Page 327
... period t . Z ( t ) = the quantity of the jth terrestrial resource produced from the ith process , appearing as an output at the end of period t . Total material resources at the outset of period t are represented by elements q ' ( t ) ...
... period t . Z ( t ) = the quantity of the jth terrestrial resource produced from the ith process , appearing as an output at the end of period t . Total material resources at the outset of period t are represented by elements q ' ( t ) ...
Page 332
... period t , and _S ( t ) is a matrix of net resources consumed within processes in period t . But in steady - state , S also measures the resources rendered up by processes to other processes at the outset of each period , and S measures ...
... period t , and _S ( t ) is a matrix of net resources consumed within processes in period t . But in steady - state , S also measures the resources rendered up by processes to other processes at the outset of each period , and S measures ...
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