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Research on Recycling Mining System and Its Risk Analysis in Eastern China Read chapter Read first chapter

2011 | OriginalPaper | Chapter

Sensitive Analysis of Sustainable Economy Growth Based on Resources Consumption, Technology Progress and Human Capital

Author : Zheng-xia He

Published in: Modeling Risk Management for Resources and Environment in China

Publisher: Springer Berlin Heidelberg

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Abstract

This paper constructs a dynamic economy growth model with the elements of resource consumption, technology progress and endogenous human capital to discuss the optimal economy growth path applying the optimized control methods. Through sensitive analysis the research demonstrates that consumer’s intertemporal substitute elasticity, human capital accumulation efficiency, and time discount rate determine the optimal economy growth path. Consumer’s intertemporal substitute elasticity, time discount rate, and factor output elasticity of product have effects on stable economy growth rate and resource consumption velocity.

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Metadata
Title
Sensitive Analysis of Sustainable Economy Growth Based on Resources Consumption, Technology Progress and Human Capital
Author
Zheng-xia He
Copyright Year
2011
Publisher
Springer Berlin Heidelberg
Book
Modeling Risk Management for Resources and Environment in China

Print ISBN: 978-3-642-18386-7

Electronic ISBN: 978-3-642-18387-4

Copyright Year: 2011

DOI
https://doi.org/10.1007/978-3-642-18387-4_6

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