Sustainability, Consumption, and Technology

• Autorzy: Mustafa Akan
• Języki publikacji: EN

Abstrakty

EN

Sustainability of current economic system is analyzed in the face of growing population, accelerating exploitation of limited natural resources, and advances in technology. A Cobb-Douglas type of production function is assumed. Optimal control theory is employed to model the problem. It is proved that long term sustainability is possible, with or without population growth, only under certain conditions related to production and utility functions of the society. (original abstract)

Słowa kluczowe

EN

Economic development; Natural resources; Technology; Consumption

PL

Rozwój gospodarczy; Zasoby naturalne; Technologia; Konsumpcja

• Czasopismo: Copernican Journal of Finance & Accounting
• Rocznik: 2016
• Tom: 5
• Numer: nr 2
• Strony: 9--25

Twórcy

autor

Mustafa Akan

• Dogus University, Turkey

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Identyfikatory

DOI

10.12775/CJFA.2016.012