NATURAL RESOURCES AS AN ENERGY SOURCE IN A SIMPLE ECONOMIC GROWTH MODEL

2018 ◽  
Vol 70 (4) ◽  
pp. 362-380 ◽  
Author(s):  
Maciej Malaczewski
Keyword(s):  
Economic Growth ◽  
Energy Source ◽  
Natural Resources ◽  
Growth Model ◽  
Economic Growth Model ◽  
Simple Economic

scholarly journals GREEN GROWTH: THE SUSTAINABLE ECONOMIC GROWTH MODEL

2014 ◽  
Vol 17 (3) ◽  
pp. 6-13
Author(s):  
Luan Nguyen Van
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Natural Resources ◽  
Growth Model ◽  
Transition Period ◽  
Green Economy ◽  
Low Carbon ◽  
Green Growth ◽  
Social Equality ◽  
Economic Growth Model

The transition of the economic growth model towards a green and sustainableone is a process that requires a reasonable and efficient combination of growth factors. The Vietnam’s economic growth in the period of 2001-2013 created an impression of the economic growth in the economic transition period. The economic growth in the last decade has been mainly in breadth and relied on investment capital and labor expansions. The growth has also relied on natural resources which exacerbated the environmental pollution. This requires Vietnam to change the economic growth model towards a green and sustainable ones. Green growth and green economic development are towards a low-carbon economy, enriching natural resources, reducing emission and increasing greenhouse gases absorption which are an inevitable tendency in the socio-economic development. The green economy enhances the living quality, social equality and significantly reduces the environmental risks and ecological scarcity. This is a new economic model which has a low emission level, uses natural resources efficiently and towards a social equality.

Dynamic analysis in an economic growth model with CES utility function and delay

2020 ◽  
Author(s):  
Ramona Ioana Oprea ◽  
Pater Flavius ◽  
Adina Juratoni ◽  
Olivia Bundau
Keyword(s):  
Economic Growth ◽  
Dynamic Analysis ◽  
Utility Function ◽  
Growth Model ◽  
Economic Growth Model ◽  
Ces Utility Function

scholarly journals A Discrete Heterogeneous-Group Economic Growth Model with Endogenous Leisure Time

2009 ◽  
Vol 2009 ◽  
pp. 1-17
Author(s):  
Wei-Bin Zhang
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Income Distribution ◽  
Growth Model ◽  
Time Allocation ◽  
Capital Accumulation ◽  
Economic Growth Model ◽  
National Economic ◽  
The Rich ◽  
Main Engine

This paper proposes a one-sector multigroup growth model with endogenous labor supply in discrete time. Proposing an alternative approach to behavior of households, we examine the dynamics of wealth and income distribution in a competitive economy with capital accumulation as the main engine of economic growth. We show how human capital levels, preferences, and labor force of heterogeneous households determine the national economic growth, wealth, and income distribution and time allocation of the groups. By simulation we demonstrate, for instance, that in the three-group economy when the rich group's human capital is improved, all the groups will economically benefit, and the leisure times of all the groups are reduced but when any other group's human capital is improved, the group will economically benefit, the other two groups economically lose, and the leisure times of all the groups are increased.

scholarly journals The Time Delays’ Effects on the Qualitative Behavior of an Economic Growth Model

2013 ◽  
Vol 2013 ◽  
pp. 1-10 ◽  
Author(s):  
Carlo Bianca ◽  
Massimiliano Ferrara ◽  
Luca Guerrini
Keyword(s):  
Economic Growth ◽  
Growth Model ◽  
Time Delays ◽  
Sufficient Conditions ◽  
Qualitative Behavior ◽  
Solow Model ◽  
Normal Form Theory ◽  
Economic Growth Model ◽  
Form Theory ◽  
The Stability

A further generalization of an economic growth model is the main topic of this paper. The paper specifically analyzes the effects on the asymptotic dynamics of the Solow model when two time delays are inserted: the time employed in order that the capital is used for production and the necessary time so that the capital is depreciated. The existence of a unique nontrivial positive steady state of the generalized model is proved and sufficient conditions for the asymptotic stability are established. Moreover, the existence of a Hopf bifurcation is proved and, by using the normal form theory and center manifold argument, the explicit formulas which determine the stability, direction, and period of bifurcating periodic solutions are obtained. Finally, numerical simulations are performed for supporting the analytical results.

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