IDEAS home Printed from https://ideas.repec.org/a/bcy/issued/cognitivesustainabilityv2y2023i3p21-31.html
   My bibliography  Save this article

Environmental capacity through the moral economic lens – Dynamic equilibria

Author

Listed:
  • Zsófia Hajnal

    (Corvinus University of Budapest, Budapest, Hungary)

Abstract

This article explores and maps hierarchical, dynamic environmental-economic equilibria. Based on the moral economic premise of finite human needs, on output that increases with the population number in a supralinear manner, and on technology levels, moral economic equilibria are identified and quantified. These equilibria are compared to environmental capacities – as a function of technology levels. A needs-based, theoretical attempt is made to resolve the tensions and conversion issues in the economic-environmental nexus. A novel, visual, moral economic model of equilibria with the environment is established and justified. The model is expected to suggest indirect economic adjustments, in order to align with sustainability, which – indeed – is more of a notion to constantly be aligned with, than a handful of one-time economic targets to meet.

Suggested Citation

  • Zsófia Hajnal, 2023. "Environmental capacity through the moral economic lens – Dynamic equilibria," Cognitive Sustainability, Cognitive Sustainability Ltd., vol. 2(3), pages 21-31, September.
    • Handle: RePEc:bcy:issued:cognitivesustainability:v:2:y:2023:i:3:p:21-31
    DOI: 10.55343/CogSust.66
    as

    Download full text from publisher

    File URL: https://www.cogsust.com/index.php/real/article/view/66
    Download Restriction: -
    File URL: https://libkey.io/10.55343/CogSust.66?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Moral economics; Environmental capacity; Technology; Human needs; Equilibrium;
    All these keywords.

    JEL classification:

    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcy:issued:cognitivesustainability:v:2:y:2023:i:3:p:21-31. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Maria SZALMANE CSETE (email available below). General contact details of provider: http://www.CogSust.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.