Modelling sustainable development: An economy-ecology integrated model

Hofkes, M.W.

doi:10.1016/0264-9993(96)01016-4

Cited by 31 publications

(26 citation statements)

References 3 publications

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“…Bovenberg and Smulders (1995) take a step further and develop a growth model with endogenous pollution saving technology which takes the form of knowledge of an efficient use of renewable resources. Hofkes (1996) builds on the Bovenberg and Smulders model and develops a two-sector growth model that also allows for abatement activities. In section 4 this latter two-sector growth model will be described.…”

Section: Endogenous Growthmentioning

confidence: 99%

Endogenous technology and environmental quality in economic models

Butter¹,

Hofkes²

2001

IJETM

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Section: Endogenous Growthmentioning

confidence: 99%

Endogenous technology and environmental quality in economic models

Butter¹,

Hofkes²

2001

IJETM

Self Cite

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“…Over the last decade attention has shifted to modern growth theory (see e.g. Beltratti, 1996;Bovenberg and Smulders, 1995;Hofkes, 1996; and Smulders in this book).…”

Section: Economic Growth Theorymentioning

confidence: 99%

“…Sustainable development can be integrated naturally in this framework by fully specifying economy-ecology interactions with respect to both production processes and welfare. In this approach a broadly defined welfare-function should be used, which also includes environmental quality (see Hofkes, 1996). Under a positive discount rate, however, the (very) long run does not get much weight.…”

mentioning

confidence: 99%

“…It is shown that under certain conditions with respect to production and substitution elasticities there is an optimal growth path on which the economy grows at a constant positive growth rate, keeping environmental quality (or stock of renewable resources) at a constant level. In such models growth in technology and abatement together with self-regenerating capacities of the natural environment compensate for growth in use of natural resources (see Hofkes, 1996).…”

mentioning

confidence: 99%

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A survey of economic modelling of sustainable development

Bergh

Hofkes

1998

Theory and Implementation of Economic Models for Sustainable Development

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An overview is offered of different approaches to economic modelling of sustainable development. First, conceptual-theoretical perspectives on sustainable development are shortly reviewed from the angle of model implications. Next, different model types are discussed. These include neoclassical growth models, sectorally disaggregated models, and integrated and co-evolutionary models. Special attention is also devoted to discounting in the context of concern for future generations, and to empirical issues involved in modelling for sustainable development.These rather extreme positions can be related to ethical positions such as expressed by Rawls' theory of justice (Rawls, 1972) and the 2

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“…Hofkes [10] states that the interactions between economic activities and the environment have to be modelled in order to investigate the correct conditions for sustainable development to take place successfully. Meadows [11] states that complex systems are characterised by non-linear relationships -between elements in the system -that cause feedback loops to vary in strength, subject to the state of the system.…”

Section: Complex Systemsmentioning

confidence: 99%

Investigating a Green Economy Transition of the Electricity Sector in the Western Cape Province of South Africa: A System Dynamics Approach

Oosthuizen

Brent

Musango

et al. 2016

SAJIE

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The Western Cape Government in South Africa has identified the concept of a green economy as a way to transform the Province's economy to one that is more sustainable from an economic, social, and environmental perspective. System dynamics modelling was used to develop a better understanding of the implications of different green economy policies and investments in the electricity sector of the Western Cape Province. The results suggest that continuing on the current policy path would increase the gap between demand and supply, increase the carbon footprint of the electricity sector, and not provide growth in employment in the sector. Strategic green economy investments are therefore expected to impact positively on a number of indicators across a number of sectors. OPSOMMINGDie Wes-Kaapse Regering van Suid-Afrika het die konsep van die groen ekonomie geïdentifiseer as 'n werktuig om die provinsie se ekonomie te omskep in een wat meer volhoubaar is van 'n ekonomiese, sosiale, en omgewings perspektief af. Stelseldinamika modellering was gebruik om 'n beter begrip te ontwikkel van die moontlike voordele en impakte wat verskillende groen ekonomie beleide en beleggings in die elektrisiteits-sektor van die Wes-Kaap kan bewerkstellig. Die resultate van die modellering stel voor dat die voortsetting van die huidige beginsels en beleid sal lei tot 'n groter gaping tussen die aanvraag en die verskaffing van elektriese krag, 'n groter koolstofvoetspoor van die elektrisiteits-sektor, en geen groei in die werkverskaffing van die sektor nie. Daar word verwag dat strategiese groen ekonomie beleggings 'n positiewe impak sal bewerkstellig in menigte aanwysers.

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Modelling sustainable development: An economy-ecology integrated model

Cited by 31 publications

References 3 publications

Endogenous technology and environmental quality in economic models

Endogenous technology and environmental quality in economic models

A survey of economic modelling of sustainable development

Investigating a Green Economy Transition of the Electricity Sector in the Western Cape Province of South Africa: A System Dynamics Approach

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