Endogenous Growth and Environmental Preservation

Energy diversification is very important to the sustainable economy growth. In this paper we develop an endogenous growth model and analyze some major relationship between the energy diversification and sustainable economy growth. The dynamic optimization results of the model show that the technology progress will make great contributions to the energy diversification and the specialized energy R&D plays an important role in the energy diversification process, which can accelerates energy supply source expansion. Propelled by the specialized energy R&D, energy diversification will redistribute the labor force among different sectors, offset the adverse effects of diminishing marginal return of factors, and help economy step into sustainable growth e entually.

The article deals with the implementation of the constitutional norm on creation of conditions for sustainable economic growth, draws attention to the nature of the implementation of general constitutional norms with economic content. It is shown that the constitutional framework of sustainable economic growth practically does not determine the content of this concept, which comes from its economic nature, it is interconnected with various aspects of philosophical, sociological, environmental, moral attitudes, as well as with related economic institutions. The application of this legal category is complicated by the ambiguity of understanding sustainable economic growth, its conditions and factors both in law and in economics. It is difficult for the Constitutional Court of the Russian Federation to “capitalize” the norm on sustainable economic growth without establishing an appropriate economic interpretation of the concept. The implementation of the constitutional norm on creating conditions for sustainable economic growth requires additional legal regulation and specific legal content in laws and by-laws. Proposals are formulated to improve the legal regulation of sustainable economic growth, including the consolidation in legislation the concepts of “sustainable economic growth”, “sustainable development”, as well as a list of standards, conditions for economic growth. The work used general scientific methods (dialectics, system analysis, analogies) and methods of legal research (formal legal, interpretation, historical, etc.)

This study investigated the impact of the people category of the Sustainable Development Goals (SDGs) on sustainable and conventional economic growth in Asia and the Pacific region, using a sample of 52 selected countries between 2000 and 2023. Employing two distinct models, model A1 for conventional economic growth and model A2 for sustainable economic growth, we explained the relationships between five SDG indicators: employed poverty rate, stunted children, expenditure on health, expenditure of education, and % of women MNAs on economic growth. This study employed a fixed-effect model and random-effect model to investigate the impact of the people category SDGs on traditional and sustainable economic growth. The comparative analysis of each SDG in both models revealed valuable insights. SDG 1, “employed poverty rate”, has a positive impact on economic growth in both models, while SDG 2, “percentage of stunted child”, did not significantly influence economic growth in either model. Moreover, SDG 3 and SDG 4, relating to “government’s health expenditure per capita” and “government’s Education education expenditure per capita”, respectively, exhibited a positive impact on traditional and sustainable economic growth. Conversely, SDG 5, “percentage of women members of national parliament”, displayed an insignificant impact on traditional and sustainable economic growth models. In conclusion, this study suggests that policymakers should prioritize targeted interventions to alleviate employed poverty, enhance healthcare, and boost education spending. Moreover, promoting women’s representation in national parliaments should be approached with context-specific strategies to maximize its impact on economic growth.

Analysis of energy consumption structure on CO[formula omitted] emission and economic sustainable growth

As concerns about energy and environment emerge the concept of sustainable development, this paper develops a five-sector endogenous technological change economic growth model considering sustainable use of energy and pollution control. We introduce energy and environment into production function and utility function, solve the conditions for sustainable economic growth with the optimal control method, further reveal the dynamic relationship which should be met by energy consumption rate, pollution control and sustainable economic growth, prove the possibility of sustainable economic growth and reveal the path and conditions of sustainable economic growth under the dual constraints of energy and environment.

Non-renewable resources are problematic for sustainable positive growth if they are essential for production, households solve an intertemporal Ramsey problem and population is growing. Second generation growth models predict that growth is positively related to growth in production factors. A growing population seems, therefore, beneficial for growth while the need for a steadily declining usage of the non-renewable resource due to sustainability seems not to be so. To elaborate on this issue, this paper develops a semi-endogenous growth model with two intermediate goods, one produced from labour and one from the non-renewable resource. The technology for producing these goods is partially endogenous and determined separately for both goods. The two intermediate goods are used to produce final output of the economy. Using this setup, this paper derives conditions for stable sustainable positive long-run growth in per capita production and consumption.

Introduction. The strategic goals of our state's development for the period up to 2030 are to improve nutrition, promote sustainable agricultural development, and promote progressive, inclusive and sustainable economic growth. The solution of certain goals is possible due to organic production and the formation of a resource-saving model of sustainable economic growth. That is why the formation of sustainable economic growth on the basis of organic production and resource-saving model is quite relevant in modern conditions. The aim of the article is to form sustainable economic growth on the basis of organic production and resource-saving model. Results. It is proved that the concept of sustainable development is given to sustainable land use and agricultural production. It is determined that in order to achieve the sustainability of the world community, agriculture was given, as now, a special role: it must, together with the relevant service infrastructure to compensate for the dominance of industrial production and ensure social and economic development and environmental protection. Conclusions. It is substantiated that sustainable economic growth should be considered as a process of forming a holistic system that includes factors of economic, environmental and social orientation and ultimately creates the conditions for effective provision of both food needs and a favorable living environment in rural areas on the basis of self-reproduction and resource conservation. It is determined that sustainable economic growth is formed on the basis of balanced production potential, reproduction of means of production, sustainable growth of food industry, balanced use of nature, reproduction of natural resources of future generations, raising the level of rural areas, reproduction of resources. Keywords: sustainable economic growth, resource-saving model, organic production, agricultural production.

Environment, energy and sustainable economic growth

Triangle of Environment, Water and Energy: A Sociological Appraisal

This thesis contains three main chapters that explore various issues related to natural resources, climate change and long-term economic growth. In Chapter 2, we examine the conditions under which endogenous long-term economic growth will emerge in an overlapping-generation model with productive non-renewable resources. We formally prove that the elasticity of substitution between labour and natural resource input plays a crucial role in generating endogenous long-term economic growth. In Chapter 3, we examine how the substitutability between renewable and non-renewable resources will affect long-term economic growth. To achieve this, we develop two discrete-time endogenous growth models with both renewable and non-renewable natural resources. These two types of resources enter into the production function through a constant-elasticity-of-substitution (CES) aggregator. The ease or difficulty in substituting between these two inputs is then captured by a single parameter, namely the elasticity of substitution. We then analyse how changes in this elasticity will affect long-term economic growth. Finally, in Chapter 4, we develop a multi-sector neoclassical growth model to analyse the effects of climate change on economic growth and the allocation of productive inputs and outputs across sectors. A novel feature of this model is that it takes into account the differential impact of global warming on agricultural and non-agricultural productivity growth. In particular, the effect of climate change on long-run growth is well-characterised. However, the impacts on long-run allocation of labour across sectors as well as value-added shares are ambiguous due to ambiguity effect of the climate impact on capital return.

В настоящее время инструментам для устойчивого роста национальной экономики уделяется значительное внимание. Опыт анализа роли промышленности и оценки развития промышленности в рамках модели устойчивого роста экономики Социалистической Республики Вьетнам может быть использован для выявления перспектив развития экономик других развивающих стран. В статье исследуется развитие промышленности как ключевой инструмент для перехода к модели устойчивого роста экономики Вьетнама. В этом контексте обсуждаются взгляды на определение понятия «развитие промышленности» и выявляются основные направления моделирования экономического роста в современной экономике. На основе расчета вклада развития промышленности в рост ВВП Вьетнама и сравнительного анализа данных о развитии промышленности новых индустриальных стран, например Филиппин и Индонезии, показаны текущее состояние развития экономики Вьетнама и пути реализации модели устойчивого роста до 2030 г. Эффективное осуществление государственной стратегии развития промышленности оценивается на базе сравнения поставленных целей и результатов, достигнутых во Вьетнаме до 2020 г. Значительное внимание уделено процессам трансформации модели экономического роста за счет повышения уровня развития промышленности во Вьетнаме. В статье представлена концептуальная модель устойчивого роста экономики на основе развития промышленности, разработанная на базе системного подхода, объединяющая организационные, институциональные и экономические факторы развития промышленности и увязывающая его с триадой устойчивого развития. Выявлены основные проблемы развития промышленности во Вьетнаме на основе оценки развития промышленности в соответствии с основными блоками модели устойчивого роста экономики. В заключение предложены рекомендации по улучшению управления развитием промышленности во Вьетнаме в рамках этой модели. Currently, considerable attention is being paid to the issues of tools for sustainable growth of the national economy. An analysis of the role of industry and an assessment of the state of industrial development within the framework of a model of sustainable economic growth using the example of the Socialist Republic of Vietnam reveal the promising development of the economy in many developing countries of the world. This article examines the development of industry as a key tool for changing the model of sustainable economic growth in Vietnam. In this context, the main directions of modeling economic growth and the perspective on the definition of the concept of “industrial development” have been identified. Based on the calculation of the contribution of industrial development to the growth of Vietnam’s GDP and a comparative analysis of the data on the development of industry in new industrial countries, for example, the Philippines and Indonesia, the current state of development of the Vietnamese economy and ways to implement the model of sustainable growth until 2030 in Vietnam are shown. The effective implementation of the state strategy on the development of industry is evaluated on the basis of a comparison of the goal forecast and reality in Vietnam until 2020. The article presents a conceptual model of sustainable economic growth on the basis of industrial development, developed on the basis of a systematic approach, combines the organizational, institutional and economic factors of industrial development and links it with the triad of sustainable development. The main problems of the development of industry in Vietnam are identified on the basis of an assessment of the development of industry in accordance with the main blocks of the model of sustainable economic growth. In conclusion, recommendations are proposed for improving the management of industrial development in Vietnam in the framework of this model.

The Indonesian government policy in encouraging sustainable economic growth to reduce unemployment, poverty and inequality is threatened to fail, because economic growth does not reach targets and is not of quality. The purpose of this research is to explain the four pillars of growth and development namely; human capital, social capital, institutional economics and entrepreneurship as the main drivers of quality and sustainable economic growth. This research method used primary data on entrepreneurship and SMEs in the provinces of Central Java and Yogyakarta. The correlational form of recursive model path analysis was used as analytical method. The research results show the very strong role of human capital as the main key in driving economic growth both directly and indirectly. The existence of human capital and social capital will further encourage new economic institutions, furthermore new economic institutions will encourage the competitiveness of productive entrepreneurship and high, quality, and sustainable regional economic growth. The policy implication is that high, quality, and fundamentally sustainable economic growth must be built on the four main pillars basis namely; human capital, social capital, institutional and entrepreneurship in order to be more successful in reducing development problems; unemployment, poverty and income inequality.

This article aims to examine the relationship between solid waste recycling and economic growth within the framework of the circular economy perspective in Turkiye. As Turkiye approaches its 100th anniversary of the Republic, achieving a sustainable and inclusive economic growth goal is of paramount importance. Solid waste recycling is now recognized as a process that not only reduces waste but also contributes positively to both economic growth and environmental preservation. In this context, the study utilizes quarterly data from 1994Q1 to 2020Q4 to comprehensively analyze the impact of solid waste recycling on the Turkish economy. The analyses were conducted using the Bootstrap Autoregressive Distributed Lag (BARDL) methodology. The results confirm that solid waste recycling has a positive influence on economic growth in both the short and long terms. This underscores the essential role of solid waste recycling as a fundamental component of the circular economy, emphasizing its potential to contribute to Turkiye's sustainable growth goals. Additionally, the study offers policy recommendations based on these findings. These recommendations include accelerating the transition to a circular economy, investing in technological innovations and infrastructure enhancements, organizing awareness and education programs, fostering collaboration between the public and private sectors, adopting innovative financing approaches, and establishing comprehensive legal regulations. In conclusion, the findings and recommendations of this study can contribute to Turkiye's achievement of sustainable economic growth and development goals, particularly as it approaches the 100th anniversary of the Republic. Prioritizing solid waste recycling as part of the circular economy vision can help create a better living environment and a sustainable future for the upcoming generations.

Digital finance is an innovative financial model of great significance for sustainable economic growth. By constructing indicators of sustainable economic growth, we explore the impact of digital finance on sustainable economic growth using the fixed effect model, mediating effect model, threshold regression model, and dynamic spatial Dubin model. The study finds that digital finance can drive sustainable economic growth, and the robustness and endogenous treatment results strongly verify this. Digital finance promotes sustainable growth mainly through technological innovation. In addition, with technological innovation and the development of renewable energy, there is a significant nonlinear relationship between digital finance and sustainable economic growth. Finally, the spatial spillover effect results show that digital finance's impact on sustainable economic growth has a positive effect, whether it is a direct effect or an indirect effect. This article provides possible ideas for digital finance to promote sustainable economic growth.

Goal 8 Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all Promote sustained, inclusive and sustainable economic growth, employment and...