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10. A Sketch of Environmental Macroeconomics

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Presentation on theme: "10. A Sketch of Environmental Macroeconomics"— Presentation transcript:

1 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

2 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

3 10.1.1.2 A Non-renewable Natural Factor of Production: The DHSS Model
Fig Positive, diminishing marginal returns of the non-renewable natural factor of production A. Endres & V. Radke Economics for Environmental Studies

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

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

6 10.1.1.3 A Decentralised Version of the DHSS Model
Fig Representative consumer‘s supply of the natural resource in period t A. Endres & V. Radke Economics for Environmental Studies

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

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

9 10.1.3 Extension: Technological Change in the Resource-Based Economy
Fig The resource-based economy with exogenous labour-augmenting technological progress A. Endres & V. Radke Economics for Environmental Studies

10 10.2 National Accounting and the Natural Environment
Environmental-Economic Accounting Accounting for Sustainability A. Endres & V. Radke Economics for Environmental Studies

11 10.2.1 Environmental-Economic Accounting
A. Endres & V. Radke Economics for Environmental Studies

12 10.2.2 Accounting for Sustainability
A. Endres & V. Radke Economics for Environmental Studies

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

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

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

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

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

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