Modeling Dynamic Economic Systems PDF Download

Author: Matthias Ruth
Publisher: Springer Science & Business Media
ISBN: 1461422086
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
This book explores the dynamic processes in economic systems, concentrating on the extraction and use of the natural resources required to meet economic needs. Sections cover methods for dynamic modeling in economics, microeconomic models of firms, modeling optimal use of both nonrenewable and renewable resources, and chaos in economic models. This book does not require a substantial background in mathematics or computer science.

Author: Valeria Costantini
Publisher: Springer Science & Business Media
ISBN: 9400750897
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
Exploiting econometric techniques aimed at dealing with the dynamics of economic systems and the heterogeneity of agents performances, the volume integrates innovation-based reasoning with ex-post analyses, and presents ex-ante analyses able to evaluate the role of climate change policies by using computable general equilibrium models such as the Global Trade Analysis Project for Energy (GTAP-E). The authors merge and use a range of datasets, including OECD-PATSTAT and STAN, to test novel techniques informed by evolutionary economic theories and the Porter hypothesis. The immediate relevance and applicability of the models will strengthen the hand of policy analysts for whom the dynamic efficiency of environmental policy is a new, high-profile evaluation criterion.

Author: Hassan Qudrat-Ullah
Publisher: Springer
ISBN: 9783030435776
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
The book addresses the vital and interwoven areas of energy, environment, and the economy within the field of sustainability research. Fundamental technical details, empirical data, and case studies taking into account local and international perspectives are included. Issues such as energy security, depleting fossil fuel reserves, global warming and climate change, as well as novel energy technologies are covered. The dynamic global response will be discussed from the perspective of policy, technology, and economics. Vital details in the form of text boxes, illustrations, graphs, tables and appendices are included. The book will serve as reference book for upper-level undergraduate and graduate students, researchers, academics, policy makers, NGOs and developmental sector professionals within the field.

Author: Robert Y. Cavana
Publisher: Springer Nature
ISBN: 3030671909
Category : Business & Economics
Languages : en
Pages : 593

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Book Description
This book approaches economic problems from a systems thinking and feedback perspective. By introducing system dynamics methods (including qualitative and quantitative techniques) and computer simulation models, the respective contributions apply feedback analysis and dynamic simulation modeling to important local, national, and global economics issues and concerns. Topics covered include: an introduction to macro modeling using a system dynamics framework; a system dynamics translation of the Phillips machine; a re-examination of classical economic theories from a feedback perspective; analyses of important social, ecological, and resource issues; the development of a biophysical economics module for global modelling; contributions to monetary and financial economics; analyses of macroeconomic growth, income distribution and alternative theories of well-being; and a re-examination of scenario macro modeling. The contributions also examine the philosophical differences between the economics and system dynamics communities in an effort to bridge existing gaps and compare methods. Many models and other supporting information are provided as online supplementary files. Consequently, the book appeals to students and scholars in economics, as well as to practitioners and policy analysts interested in using systems thinking and system dynamics modeling to understand and improve economic systems around the world. "Clearly, there is much space for more collaboration between the advocates of post-Keynesian economics and system dynamics! More generally, I would like to recommend this book to all scholars and practitioners interested in exploring the interface and synergies between economics, system dynamics, and feedback thinking." Comments in the Foreword by Marc Lavoie, Emeritus Professor, University of Ottawa and University of Sorbonne Paris Nord

Author: Pardeep Singh
Publisher: Elsevier
ISBN: 0128221887
Category : Business & Economics
Languages : en
Pages : 382

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Book Description
Environmental Sustainability and Economy contains the latest practical and theoretical concepts of sustainability science and economic growth. It includes the latest research on sustainable development, the impact of pollution due to economic activities, energy policies and consumption influencing growth and environment, waste management and recycling, circular economy, and climate change impacts on both the environment and the economy. The 21st century has seen the rise of complex and multi-dimensional pathways between different aspects of sustainability. Due to globalization, these relationships now work at varying spatiotemporal scales resulting in global and regional dynamics. This book explores the complex relationship between sustainable development and economic growth, linking the environmental and social aspects with the economic pillar of sustainable development. Utilizing global case studies and interdisciplinary perspectives, Environmental Sustainability and Economy provides a comprehensive account of sustainable development and the economics of environmental protection studies with a focus on the environmental, geographical, economic, anthropogenic and social-ecological environment. Includes extensive interdisciplinary coverage, including intersectional topics such as environmental pollution and economic growth, resource utilization and circular economy, climate change and emissions, and sustainable solutions and green behavior Discusses market innovations and strategies through the lens of global case studies in sustainability and economic growth Bridges the gap between environmental studies and economics to reflect sustainable practices for enhancing environmental protection in response to climate change

Author: N.V. Hritonenko
Publisher: Springer Science & Business Media
ISBN: 1441997334
Category : Mathematics
Languages : en
Pages : 225

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Book Description
The problems of interrelation between human economics and natural environment include scientific, technical, economic, demographic, social, political and other aspects that are studied by scientists of many specialities. One of the important aspects in scientific study of environmental and ecological problems is the development of mathematical and computer tools for rational management of economics and environment. This book introduces a wide range of mathematical models in economics, ecology and environmental sciences to a general mathematical audience with no in-depth experience in this specific area. Areas covered are: controlled economic growth and technological development, world dynamics, environmental impact, resource extraction, air and water pollution propagation, ecological population dynamics and exploitation. A variety of known models are considered, from classical ones (Cobb Douglass production function, Leontief input-output analysis, Solow models of economic dynamics, Verhulst-Pearl and Lotka-Volterra models of population dynamics, and others) to the models of world dynamics and the models of water contamination propagation used after Chemobyl nuclear catastrophe. Special attention is given to modelling of hierarchical regional economic-ecological interaction and technological change in the context of environmental impact. Xlll XIV Construction of Mathematical Models ...

Author: Rainer Stark
Publisher: Springer
ISBN: 3319485148
Category : Technology & Engineering
Languages : en
Pages : 286

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Book Description
This edited volume presents the research results of the Collaborative Research Center 1026 “Sustainable manufacturing - shaping global value creation”. The book aims at providing a reference guide of sustainable manufacturing for researchers, describing methodologies for development of sustainable manufacturing solutions. The volume is structured in four chapters covering the following topics: sustainable manufacturing technology, sustainable product development, sustainable value creation networks and systematic change towards sustainable manufacturing. The target audience comprises both researchers and practitioners in the field of sustainable manufacturing, but the book may also be beneficial for graduate students.

Author: Jeroen C. J. M. van den Bergh
Publisher: MIT Press
ISBN: 9780262220712
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
Studies that integrate scientific, technological, and economic dimensions of industrial ecology and material flows. The use of economic modeling techniques in industrial ecology research provides distinct advantages over the customary approach, which focuses on the physical description of material flows. The thirteen chapters of Economics of Industrial Ecology integrate the natural science and technological dimensions of industrial ecology with a rigorous economic approach and by doing so contribute to the advancement of this emerging field. Using a variety of modeling techniques (including econometric, partial and general equilibrium, and input-output models) and applying them to a wide range of materials, economic sectors, and countries, these studies analyze the driving forces behind material flows and structural changes in order to offer guidance for economically and socially feasible policy solutions. After a survey of concepts and relevant research that provides a useful background for the chapters that follow, the book presents historical analyses of structural change from statistical and decomposition approaches; a range of models that predict structural change on the national and regional scale under different policy scenarios; two models that can be used to analyze waste management and recycling operations; and, adopting the perspective of local scale, an analysis of the dynamics of eco-industrial parks in Denmark and the Netherlands. The book concludes with a discussion of the policy implications of an economic approach to industrial ecology.

Author: Roberto Pasqualino
Publisher:
ISBN: 9781315643182
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
"This book presents a new System Dynamics model (the ERRE model), a novel stock and flow consistent global impact assessment model designed by the authors to address the financial risks emerging from the interaction between economic growth and environmental limits under the presence of shocks. Building on the World3-03 Limits to Growth model, the ERRE links the financial system with the energy, agriculture and climate systems through the real economy, by means of feedback loops, time lags and non-linear rationally bounded decision making. Prices and their interaction with growth, inflation and interest rates are assumed to be the main driver of economic failure while reaching planetary limits. The model allows for the stress-testing of fat tail extreme risk scenarios, such as climate shocks, energy transition, monetary policies and carbon taxes. Risks are addressed via scenario analyses, compared to real available data, and assessed in terms of the economic theory that lies behind. The book outlines the case for a government led system change within this decade, where the market alone cannot lead to sustainable prosperity. This book will be of great interest to scholars of climate change, behavioural, ecological and evolutionary economics, green finance, and sustainable development"--

Author: Krystyna Stave
Publisher: Springer
ISBN: 9783319833651
Category : Technology & Engineering
Languages : en
Pages : 0

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Book Description
This book is a social—ecological system description and feedback analysis of the Lake Tana Basin, the headwater catchment of the Upper Blue Nile River. This basin is an important local, national, and international resource, and concern about its sustainable development is growing at many levels. Lake Tana Basin outflows of water, sediments, nutrients, and contaminants affect water that flows downstream in the Blue Nile across international boundaries into the Nile River; the lake and surrounding land have recently been proposed as a UNESCO Biosphere Reserve; the basin has been designated as a key national economic growth corridor in the Ethiopian Growth and Transformation Plan. In spite of the Lake Tana Basin’s importance, there is no comprehensive, integrated, system-wide description of its characteristics and dynamics that can serve as a basis for its sustainable development. This book presents both the social and ecological characteristics of the region and an integrated, system-wide perspective of the feedback links that shape social and ecological change in the basin. Finally, it summarizes key research needs for sustainable development.