G2TT
来源类型Book Section
DOI10.1007/978-3-642-02132-9_5
Optimal economic growth under stochastic environmental impact: Sensitivity analysis.
Rovenskaya E; Cuaresma, J. Crespo; Palokangas, T.; Tarasyev, A.
发表日期2010
出处Dynamic Systems, Economic Growth, and the Environment. Eds. Cuaresma, J. Crespo , Palokangas, T. & Tarasyev, A. , Heidelberg: Springer-Verlag. ISBN 978-3-642-02131-2 DOI: 10.1007/978-3-642-02132-9_5 .
出版年2010
语种英语
摘要In this work we present an approach toward the sensitivity analysis of optimal economic growth to a negative environmental impact driven by random natural hazards that damage the production output. We use a simplified model of the GDP growth. We assume that production leads to the increase of the atmospheric GHG provided investment in cleaning is insufficient. The hypothesis of the Poisson probability distribution of the frequency of natural hazards is used at the this research stage. We apply the stadard utility function-the discounted integral consumption and construct an optimal investment policy in production and cleaning together wth optimal GDP trajectories. We calibrate the model in the global scale and analyze the sensitivity of obtained optimal growth scenarios with respect to uncertain parameters of the Poisson distribution.
主题Dynamic Systems (DYN)
URLhttp://pure.iiasa.ac.at/id/eprint/9347/
来源智库International Institute for Applied Systems Analysis (Austria)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/134130
推荐引用方式
GB/T 7714
Rovenskaya E,Cuaresma, J. Crespo,Palokangas, T.,et al. Optimal economic growth under stochastic environmental impact: Sensitivity analysis.. 2010.
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