Economic growth and the environment

Adolfo Figueroa

Revista CEPAL, 2013

Abstract: The relationship between economic growth and the environment is one of the most significant problems in modern economics. Empirical data are increasingly available, but the theories behind those data remain a matter of debate. This paper presents an elementary theoretical model of the interactions between the economic process and the environment, drawing on a theory developed by Georgescu-Roegen, in which the laws of thermodynamics are applied to the economic process. The model assumes that the growth and distribution process is currently operating amid conditions of environmental distress. The model is able to predict and explain the observed relationship between economic growth and the environment, identifying new public policy implications. The paper thus aims to contribute to the debate on the choices that society must make about the future of humanity.

Date: 2013-04
Note: Includes bibliography
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://repositorio.cepal.org/handle/11362/11624

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecr:col070:11624

Access Statistics for this article

More articles in Revista CEPAL from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) Contact information at EDIRC.
Bibliographic data for series maintained by Biblioteca CEPAL ().