Long-term productivity growth and the environment

"The natural environment provides crucial inputs and services for economic development, but its role for productivity growth is insufficiently explored. Environmental scarcities can pose a drag on productivity growth and a risk for its sustainability. At the same time productivity growth is oft...

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Main Authors: Bowen, Alex, Kozluk, Tomasz
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Paris 2016
OECD
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19104820124919220029-Long-term-productivity-growth-.htm
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author Bowen, Alex
Kozluk, Tomasz
author_facet Bowen, Alex
Kozluk, Tomasz
collection Library items
description "The natural environment provides crucial inputs and services for economic development, but its role for productivity growth is insufficiently explored. Environmental scarcities can pose a drag on productivity growth and a risk for its sustainability. At the same time productivity growth is often seen as the solution to environmental challenges. Methodological problems abound, overall the literature suggests that environmental issues are a potentially important risk factor. Theoretical models tend to focus the role of resource-augmenting technical progress in the long run, in light of environmental constraints. Macroeconomic studies suggest the contribution of the natural environment to productivity growth has been modest overall. Microeconomic studies focus on partial equilibrium impacts, which in many cases have been found larger than expected. Finally, case-studies of historical civilisation collapses suggest the risks may be significant."
format TEXT
id 19104820124919220029_ae787dc5bb06405494950a20f2225626
institution ETUI-European Trade Union Institute
is_hierarchy_id 19104820124919220029_ae787dc5bb06405494950a20f2225626
is_hierarchy_title Long-term productivity growth and the environment
language English
physical 52 p.
Digital
publishDate 2016
publisher Paris
OECD
spellingShingle Bowen, Alex
Kozluk, Tomasz
economic growth
environment
macroeconomics
natural resources
productivity
sustainable development
Long-term productivity growth and the environment
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=106810292409
title Long-term productivity growth and the environment
topic economic growth
environment
macroeconomics
natural resources
productivity
sustainable development
url https://www.labourline.org/KENTIKA-19104820124919220029-Long-term-productivity-growth-.htm