IDEAS home Printed from
   My bibliography  Save this article

Abrupt Damages and Sustainability


  • Can Askan Mavi


In this paper, I show that the amount of the environmental damage due to abrupt events can be important for the sustainability of an economy. When the economy faces endogenous limit cycles or unstable behavior for a large parameter region for environmental damage, the Sustainable Development criterion, implying a non-decreasing path for utility is compromised. In addition, total factor productivity improvements are shown to help an economy respecting the Sustainable Development Criterion by avoiding limit cycles and unstable behavior in the long run. Classification JEL?: O13, D81, Q2, Q54

Suggested Citation

  • Can Askan Mavi, 2019. "Abrupt Damages and Sustainability," Revue d'├ęconomie politique, Dalloz, vol. 129(5), pages 861-875.
  • Handle: RePEc:cai:repdal:redp_295_0861

    Download full text from publisher

    File URL:
    Download Restriction: restricted

    File URL:
    Download Restriction: restricted

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item


    Abrupt damage; Occurrence Hazard; Limit Cycles; Hopf Bifurcation; TFP Growth;

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming


    Access and download statistics


    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:cai:repdal:redp_295_0861. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.