Macroeconomic Modelling of Sustainable Development and the Links between the Economy and the Environment

Bernd Meyer ()
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Bernd Meyer: GWS - Institute of Economic Structures Research

No 12-1, GWS Research Report Series from GWS - Institute of Economic Structures Research

Abstract: Europe 2020 is the EU's growth strategy for the coming decade, pushing the EU to become a smart, sustainable and inclusive economy. Under the Europe 2020 strategy the flagship initiative for a resource-efficient Europe points the way towards sustainable growth and supports a shift towards a resource-efficient, low-carbon economy. The purpose of the MACMOD project by Cambridge Econometrics, GWS, SERI and the Wuppertal Institute is to strengthen the economic underpinning for resource policy. Essentially to analyse, how important resources are to our economy, how we will use resources in the future under a business as usual scenario, what are the economic and environmental potentials of improved resource use, how we could achieve that, and what this would mean for our economy, our competitiveness, jobs and our environment. This report presents an overview of the results which provide strong support in favour of a resource policy.

Keywords: sustainable development; GINFORS; E3ME; resource use; total material requirement; material intensity; macroeconomic modelling (search for similar items in EconPapers)
JEL-codes: C53 C55 C67 O44 P45 Q31 (search for similar items in EconPapers)
Pages: 95 pages
Date: 2012
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:gws:report:12-1

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