Constraint to the Satisfactory Conditions for R&D Endogenous Growth Model
- https://doi.org/10.2991/icemaess-18.2018.87How to use a DOI?
- Resource Constraint,R&D,Endogenous Growth model
Low-Carbon Resources include low-consumption energy like renewable resources, new energy, clean power, etc. From the perspective of fiscal policy, to study and develop R&D will affect the progress of technology directly, and to develop Low-Carbon Economy needs the innovation of Low-Carbon technology. Thus, the government’s R&D investment is crucial to developing Low-Carbon technology and Low-Carbon Economy. This thesis combines the endogenous growth theory with the sustainability of Low-Carbon Resources, and uses the R&D endogenous growth model to give one under the constraint of Low-Carbon resources. It comes to a relevant conclusion, that is, assuming that the society requires a sustainable consumption in consuming the rest of exhaustible resource, the labor investment of R&D sectors should meet the basic conditions.
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Defa Cai AU - Wendi Ma PY - 2018/11 DA - 2018/11 TI - Constraint to the Satisfactory Conditions for R&D Endogenous Growth Model BT - Proceedings of the 2018 5th International Conference on Education, Management, Arts, Economics and Social Science (ICEMAESS 2018) PB - Atlantis Press SP - 416 EP - 420 SN - 2352-5398 UR - https://doi.org/10.2991/icemaess-18.2018.87 DO - https://doi.org/10.2991/icemaess-18.2018.87 ID - Cai2018/11 ER -