Endogenous Model of Sustainable Development and Environmental Protection

Yuli Radev

Ikonomiceski i Sotsialni Alternativi, 2014, issue 3, 23-42

Abstract: Endogenous model of sustainable development and environmental protection is an alternative to neoclassical models. The model is called endogenous, as the economic growth is described in the framework of the model on the base of human capital and knowledge. Moreover, natural resources are presented in terms of biophysical laws. However, it was retained the neoclassical rule for sustainable development and environmental protection - permanent consumption and constant level of remaining natural resources, providing a favourable environment for living.

Keywords: endogenous model; sustainable development (search for similar items in EconPapers)
JEL-codes: O10 Q01 Q32 Q50 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:iisabg:y:2014:i:3:p:23-42

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