Article ID Journal Published Year Pages File Type
10479047 Journal of Policy Modeling 2005 22 Pages PDF
Abstract
Based on some theoretical considerations, this paper defines minimum conditions for sustainable development. It presents and compares two models suitable for simulating sustainability strategies. One (PANTA RHEI) is a highly sophisticated econometric model for the German economy. The other one (SuE) is a less disaggregated system dynamics model for the EU 15 economy. Both include the measuring of energy and material consumption and are thus well suited to indicate the linkage of economic development and environmental impact. Similarly, both calculate the employment effects of a given policy, thus, permitting the inclusion of a key social concern in the evaluation of sustainability policies as well.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
, , , ,