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題名 Environmental Resilience and Economic Growth: Command Economy`s Optimization and Environmental Kuznets Curve
作者 Wang,Yi-Chia ;Chuang,Yih-Chyi
莊奕琦
貢獻者 經濟系
關鍵詞 Dynamic optimization;Environmental Kuznets curve;EKC;Growth model;Two-sector model
日期 2011-06
上傳時間 16-九月-2013 17:25:03 (UTC+8)
摘要 This paper constructs a two-sector environmental growth model with explicit mathematical derivation and economic intuition in a social planning economy. Through the optimal allocation of man-made capital between the production sector and the environmental sector, this paper shows that the trade-off between economic growth and environmental protection exists only when an economy deviates from its steady state. We also provide short-run transitions for both the whole economic system and individual control and state variables. In addition, technological progress in the production sector benefits economic growth rate while the improvement of technology in the environmental sector has only level effects on economic variables. This paper ends with a link between the theory and a hot empirical issue — the environmental Kuznets curve (EKC) hypothesis.
關聯 Economic Modelling, 28, 2854-2861
資料類型 article
DOI http://dx.doi.org/10.1016/j.econmod.2011.06.028
dc.contributor 經濟系en_US
dc.creator (作者) Wang,Yi-Chia ;Chuang,Yih-Chyien_US
dc.creator (作者) 莊奕琦-
dc.date (日期) 2011-06en_US
dc.date.accessioned 16-九月-2013 17:25:03 (UTC+8)-
dc.date.available 16-九月-2013 17:25:03 (UTC+8)-
dc.date.issued (上傳時間) 16-九月-2013 17:25:03 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/60932-
dc.description.abstract (摘要) This paper constructs a two-sector environmental growth model with explicit mathematical derivation and economic intuition in a social planning economy. Through the optimal allocation of man-made capital between the production sector and the environmental sector, this paper shows that the trade-off between economic growth and environmental protection exists only when an economy deviates from its steady state. We also provide short-run transitions for both the whole economic system and individual control and state variables. In addition, technological progress in the production sector benefits economic growth rate while the improvement of technology in the environmental sector has only level effects on economic variables. This paper ends with a link between the theory and a hot empirical issue — the environmental Kuznets curve (EKC) hypothesis.en_US
dc.format.extent 772124 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) Economic Modelling, 28, 2854-2861en_US
dc.subject (關鍵詞) Dynamic optimization;Environmental Kuznets curve;EKC;Growth model;Two-sector modelen_US
dc.title (題名) Environmental Resilience and Economic Growth: Command Economy`s Optimization and Environmental Kuznets Curveen_US
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1016/j.econmod.2011.06.028en_US
dc.doi.uri (DOI) http://dx.doi.org/10.1016/j.econmod.2011.06.028en_US