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Economic Growth and Environmental Sustainability: A Model of Ecological Interaction between Two Populations

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  • Giovanni Scarano

Abstract

The paper proposes an analysis of the relations between economic growth, population growth and natural ecosystem carrying capacity, applying an ecological economics approach. Starting from construction of a standard economic growth model, we introduce the effect of a natural renewable resource. The aim of the paper is to analyse the sustainable growth conditions emerging from the linear interaction model of the two populations. Connection between the biological and economic aspects of the model is achieved by integrating the concept of carrying capacity for the human population with that of subsistence, a concept of classical economics perfectly consistent with Malthusian demographic analysis.

Suggested Citation

  • Giovanni Scarano, 2014. "Economic Growth and Environmental Sustainability: A Model of Ecological Interaction between Two Populations," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, January.
    • Handle: RePEc:rar:journl:0274
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    More about this item

    Keywords

    Economic Growth; Population Growth; Carrying Capacity; Subsistence; Renewable Resources;
    All these keywords.

    JEL classification:

    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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