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A Theoretical Basis for Green Growth

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  • Dinda, Soumyananda

Abstract

This paper suggests a theoretical model of inclusive green growth. Paper analyses development mechanism through which natural resource capital regenerates (or at least non-degrade) and contributes to economic growth. Climate change is a threat to save natural resources which is a crucial productive capital in the economy and also challenges economic development in the 21st century. New development strategy is the inclusive green growth that leads towards sustainable development. This paper suggests policy inputs regarding regeneration of natural resource and its preservation in term of water shed development, flood control or development of ecosystem services through creation of jobs in the channel of productive consumption. Policy makers should focus on employability, regeneration and preservation of natural resource capital for sustaining livelihoods in the economy.

Suggested Citation

  • Dinda, Soumyananda, 2013. "A Theoretical Basis for Green Growth," MPRA Paper 63951, University Library of Munich, Germany, revised 21 Oct 2014.
  • Handle: RePEc:pra:mprapa:63951
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    Cited by:

    1. Sinha, Avik, 2015. "Quadrilateral Causal Analysis of Economic Growth in India," MPRA Paper 100353, University Library of Munich, Germany, revised 2015.
    2. Mazzanti, Massimiliano & Montini, Anna & Zoboli, Roberto, 2007. "Economic Dynamics, Emission Trends and the EKC Hypothesis New Evidence Using NAMEA and Provincial Panel Data for Italy," Climate Change Modelling and Policy Working Papers 10261, Fondazione Eni Enrico Mattei (FEEM).
    3. Guannan Chen & Zhenhuang Yang & Shaohui Chen, 2020. "Measurement and Convergence Analysis of Inclusive Green Growth in the Yangtze River Economic Belt Cities," Sustainability, MDPI, Open Access Journal, vol. 12(6), pages 1-17, March.
    4. Massimiliano Mazzanti & Antonio Musolesi & Roberto Zoboli, 2006. "A Bayesian Approach to the Estimation of Environmental Kuznets Curves for CO2 Emissions," Working Papers 2006.121, Fondazione Eni Enrico Mattei.
    5. Dinda, Soumyananda, 2020. "A Circular Economy Approach for Sustainable Economic Development," MPRA Paper 104522, University Library of Munich, Germany, revised 2018.
    6. Zhangsheng Liu & Ruixin Li & Xiaotian Tina Zhang & Yinjie Shen & Liuqingqing Yang & Xiaolu Zhang, 2021. "Inclusive Green Growth and Regional Disparities: Evidence from China," Sustainability, MDPI, Open Access Journal, vol. 13(21), pages 1-13, October.
    7. Mohd Irfan & Krishnendu Shaw, 2017. "Modeling the effects of energy consumption and urbanization on environmental pollution in South Asian countries: a nonparametric panel approach," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(1), pages 65-78, January.
    8. Giovanni Marin & Massimiliano Mazzanti, 2013. "The evolution of environmental and labor productivity dynamics," Journal of Evolutionary Economics, Springer, vol. 23(2), pages 357-399, April.
    9. Tong, Chao & Ding, Shuai & Wang, Bin & Yang, Shanlin, 2020. "Assessing the target-availability of China’s investments for green growth using time series prediction," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 537(C).

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    More about this item

    Keywords

    Green Growth; Climate Change; Social Capital; Productive Consumption; Reciprocity; Flood Control; Watershed Development; Natural Resource Capital; Human Capital; Inclusive Growth; Sustainable Development.;
    All these keywords.

    JEL classification:

    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy

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