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Three essays in the economics of gro...

Boudribila, Youssef.

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Three essays in the economics of growth with natural resources and environment.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Three essays in the economics of growth with natural resources and environment./
Author:	Boudribila, Youssef.
Description:	138 p.
Notes:	Source: Dissertation Abstracts International, Volume: 74-10(E), Section: A.
Contained By:	Dissertation Abstracts International74-10A(E).
Subject:	Economics, General. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=NR94210
ISBN:	9780494942109

Three essays in the economics of growth with natural resources and environment.
Boudribila, Youssef.

Three essays in the economics of growth with natural resources and environment. - 138 p.

Source: Dissertation Abstracts International, Volume: 74-10(E), Section: A.

Thesis (Ph.D.)--Carleton University (Canada), 2013.

This thesis is composed of three essays. Essay one of the thesis presents an attempt in the recent efforts to find the closed form solution of the Hamilton-Jacobi-Bellman equation for models with homogeneous preferences and constant-returns-to scale technologies. The method is illustrated by finding the closed-form Bellman function for the AK model of endogenous growth and the model of economic growth with exhaustible resources. The closed-form Bellman functions thus obtained are exploited to analyze the time paths of consumption, capital accumulation, and resource depletion.

ISBN: 9780494942109Subjects--Topical Terms:

1017424
Economics, General.

Three essays in the economics of growth with natural resources and environment.
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100 1 $a Boudribila, Youssef. $3 2096205
245 1 0 $a Three essays in the economics of growth with natural resources and environment.
300 $a 138 p.
500 $a Source: Dissertation Abstracts International, Volume: 74-10(E), Section: A.
502 $a Thesis (Ph.D.)--Carleton University (Canada), 2013.
520 $a This thesis is composed of three essays. Essay one of the thesis presents an attempt in the recent efforts to find the closed form solution of the Hamilton-Jacobi-Bellman equation for models with homogeneous preferences and constant-returns-to scale technologies. The method is illustrated by finding the closed-form Bellman function for the AK model of endogenous growth and the model of economic growth with exhaustible resources. The closed-form Bellman functions thus obtained are exploited to analyze the time paths of consumption, capital accumulation, and resource depletion.
520 $a Essay two extends the famous model of Dasgupta and Heal to explore the question raised in 1972, about the limits to growth. It presents an endogenous growth model with an exhaustible resource, say fossil fuels, with a perfect substitute, which is produced by a backstop. The capital stock is allocated between the consumption good sector and the backstop. It is shown that the resource is exploited first, and is depleted in finite time. The backstop takes over the function of meeting the energy needs of the economy immediately after the resource is exhausted: a transition phase during which the two technologies are simultaneously exploited does not exist. After the resource stock has been exhausted, the economy enters immediately into a steady state and grows along a balanced growth path of sustainable development.
520 $a Essay three extend the previous model to the world of climate change, to make a link between growth and the increasing risk of a catastrophic climate change. In the long run, and under the scenario that no catastrophe occurs, the economy converges to a balanced growth path. If the initial volume of greenhouse gases in the atmosphere is high, consumption will follow an U-shape pattern. On the other hand, if the rate of time preferences and the parameter that characterizes the low probability of catastrophe are low, consumption will be rising through time. The current Hamiltonian is used to compute Green GDP, which takes into consideration the costs of resource depletion, the degradation of the environment caused by the emissions of GHG, and the loss due to a possible catastrophic climate change.
590 $a School code: 0040.
650 4 $a Economics, General. $3 1017424
650 4 $a Economics, Theory. $3 1017575
650 4 $a Economics, Environmental. $3 1669564
690 $a 0501
690 $a 0511
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710 2 $a Carleton University (Canada). $3 1018407
773 0 $t Dissertation Abstracts International $g 74-10A(E).
790 $a 0040
791 $a Ph.D.
792 $a 2013
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=NR94210