10. A Sketch of Environmental Macroeconomics

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Presentation transcript:

10. A Sketch of Environmental Macroeconomics Economic Growth and the Natural Environment National Accounting and the Natural Environment A. Endres & V. Radke Economics for Environmental Studies

10.1 Economic Growth and the Natural Environment Natural Limits to Growth Sustainable Development Extension: Technological Change in the Resource-Based Economy A. Endres & V. Radke Economics for Environmental Studies

10.1.1.2 A Non-renewable Natural Factor of Production: The DHSS Model Fig. 10.1 Positive, diminishing marginal returns of the non-renewable natural factor of production A. Endres & V. Radke Economics for Environmental Studies

Declining Resource Input Fig. 10.2 Downward shift of f(k,r) due to a decline of r A. Endres & V. Radke Economics for Environmental Studies

Economics for Environmental Studies Declining k Fig. 10.3 Change of the capital-labour ratio, given a constant rate of saving A. Endres & V. Radke Economics for Environmental Studies

10.1.1.3 A Decentralised Version of the DHSS Model Fig. 10.4 Representative consumer‘s supply of the natural resource in period t A. Endres & V. Radke Economics for Environmental Studies

Resource Demand Fig. 10.5 Firm‘s individual demand for the natural resource A. Endres & V. Radke Economics for Environmental Studies

Dynamic General Equilibrium Fig. 10.6 Periodical resource-market equilibrium A. Endres & V. Radke Economics for Environmental Studies

10.1.3 Extension: Technological Change in the Resource-Based Economy Fig. 10.7 The resource-based economy with exogenous labour-augmenting technological progress A. Endres & V. Radke Economics for Environmental Studies

10.2 National Accounting and the Natural Environment Environmental-Economic Accounting Accounting for Sustainability A. Endres & V. Radke Economics for Environmental Studies

10.2.1 Environmental-Economic Accounting A. Endres & V. Radke Economics for Environmental Studies

10.2.2 Accounting for Sustainability A. Endres & V. Radke Economics for Environmental Studies

Modified ISEW per Capita Fig. 10.1 US per capita values for Modified ISEW and GDP, $US, constant 2005 prices A. Endres & V. Radke Economics for Environmental Studies

Economics for Environmental Studies Living Planet Index A. Endres & V. Radke Economics for Environmental Studies

Economics for Environmental Studies LPI and Country Income A. Endres & V. Radke Economics for Environmental Studies

EU Sustainability Indicators A. Endres & V. Radke Economics for Environmental Studies

Classification of Indicators A. Endres & V. Radke Economics for Environmental Studies