文章基本信息

标题：Capital and innovation aggregation with environmental pressure: An optimal evolution
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作者：Feng Dai ; Songtao Wu ; Ling Liang | Caroline Elliott Reviewing Editor 等
期刊名称：Cogent Economics & Finance
电子版ISSN：2332-2039
出版年度：2014
卷号：2
期号：1
DOI：10.1080/23322039.2014.988401
出版社：Taylor and Francis Ltd
摘要：Based on the advance-retreat course model, a growth model under environmental pressure, this paper builds an economic growth model that focuses on the aggregation of capital and innovation with environmental pressure. Importantly, the paper presents methods for computing the optimal quantity of capital-goods and innovation-goods. The paper makes the empirical researches using US GDP data (1940–2010 and 1969–2010). The findings include that the aggregations of capital and innovation promote economic growth, the optimal number of capital-goods decreases with innovation growth, the optimal number of innovation-goods decreases with capital expansion, both capital-goods and innovation-goods aggregate with environmental pressure increasing, and innovation is quicker than capital in aggregation.
关键词：economic growth ; environmental pressure ; capital-goods ; innovation-goods ; optimal aggregation ; E25 ; F21 ; O21 ; P23