MODELING SUSTAINABLE ECONOMY: INTEGRATING ECONOMIC, ENVIRONMENTAL, AND POPULATION MODELS

Frederick Betz ()
Additional contact information
Frederick Betz: Portland State University, USA;

International Journal of Innovation and Technology Management (IJITM), 2013, vol. 10, issue 01, 1-12

Abstract: For economic and environmental policies aimed at developing sustainable economies, it is important to have a general modeling approach which can quantitatively connect economic processes with biological and physical processes of the environment. If economic processes cannot be measured as to their real physical/biological impacts, one does not know whether or not such economic processes are sustainable in nature. To create an integrated economic/environmental model, we have mathematically generalized the Leontief's input–output economic model — from vector notation to tensor notation. The use of tensor mathematics for input–output models of both an economy and its environment provides a data architecture to create simulation models of the environmental impact of an economy.

Keywords: Models; sustainable economy; environment (search for similar items in EconPapers)
Date: 2013
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219877013500077
Access to full text is restricted to subscribers

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:wsi:ijitmx:v:10:y:2013:i:01:n:s0219877013500077

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0219877013500077

Access Statistics for this article

International Journal of Innovation and Technology Management (IJITM) is currently edited by H K Tang

More articles in International Journal of Innovation and Technology Management (IJITM) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().