TITLE

With Low-Carbon Resources' constraint the Satisfactory Conditions for R&D Endogenous Growth Model

AUTHOR(S)
Defa Cai; Ruyun Dai; Jing Cai
PUB. DATE
November 2014
SOURCE
Advanced Materials Research;2014, Vol. 1073-1076, p2755
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Low-Carbon Resources include low-consumption energy like renewable resources, new energy, clean power, etc. From the perspective of fiscal policy, to study and develop R&D will affect the progress of technology directly, and to develop Low-Carbon Economy needs the innovation of Low-Carbon technology. Thus, the government's R&D investment is crucial to developing Low-Carbon technology and Low-Carbon Economy. This thesis combines the endogenous growth theory with the sustainability of Low-Carbon Resources, and uses the R&D endogenous growth model to give one under the constraint of Low-Carbon resources. It comes to a relevant conclusion, that is, assuming that the society requires a sustainable consumption in consuming the rest of exhaustible resource, the labor investment of R&D sectors should meet the basic conditions.
ACCESSION #
100123557

 

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