Constraint to the Satisfactory Conditions for R&D Endogenous Growth Model

DOI

10.2991/icemaess-18.2018.87How to use a DOI?

Keywords

Resource Constraint,R&D,Endogenous Growth model

Abstract

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.

Copyright

© 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/).

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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  - 10.2991/icemaess-18.2018.87
ID  - Cai2018/11
ER  -