Analysis on Weak Sustainable Consumption in the Economic Growth
Weak sustainable consumption means reducing resource consumption in a unit of consumption goods in way of production process improvements or environmentfriendly design. In the optimal economic growth, can the weak sustainable consumption be achieved? This paper use endogenous growth theory to discuss the weak sustainable consumption on the condition of exhaustible resources and the environmental constraints. The Rate of time preference, the elasticity of marginal utility, environmental regulations and technological progress are important to the weak sustainable consumption. The lower the rate of time preference, the greater elasticity of marginal utility, the more stringent environmental control standards, the larger technological progress to offset the diminishing marginal productivity of capital, the more favorable to sustainable consumption weak.
weak sustainable consumption Production function Environmental Quality Preferences
GAO Zhiying
Business School of Hubei University, Wuhan, China, 430062
国际会议
2010 International Conference on Management Science and Engineering(2010年管理科学与工程国际学术研讨会)
成都
英文
152-156
2010-11-01(万方平台首次上网日期,不代表论文的发表时间)