IDEAS home Printed from https://ideas.repec.org/a/spr/bioerq/v3y2018i1d10.1007_s41247-018-0037-4.html
   My bibliography  Save this article

A Conceptual Model of the Relationship Among World Economy and Climate Indicators

Author

Listed:
  • Boris M. Dolgonosov

Abstract

The work is aimed at developing a conceptual model of the relationship among global indicators such as world population, GDP, primary energy consumption, anthropogenic carbon dioxide emissions, and mean surface temperature anomaly. The world economy is viewed from three perspectives as (1) a manufacturing system that consumes energy and returns a product; (2) a climate-active system that shifts the planetary thermal equilibrium due to greenhouse gas emissions; and (3) a resource-distributed system in which the generalized resource is distributed among consumers of different scale and can be equivalently expressed in both monetary and energy units. It was established that dependencies between the indicators are power law: temperature anomaly increases proportionally to cumulative energy consumption, GDP grows in proportion to the product of current and cumulative energy consumption raised to a power of less than unity, and energy consumption in turn is a power-law function of population with the exponent being expressed through the Gini coefficient, which is a measure of the inequality in income distribution on a global scale. Parameters of these dependencies were determined using a special procedure of fitting to empirical data. It was found that energy consumption, temperature anomaly, and GDP grow over the industrial period in proportion to population raised to a power close to 1.5, 1.8, and 2, respectively.

Suggested Citation

  • Boris M. Dolgonosov, 2018. "A Conceptual Model of the Relationship Among World Economy and Climate Indicators," Biophysical Economics and Resource Quality, Springer, vol. 3(1), pages 1-15, March.
  • Handle: RePEc:spr:bioerq:v:3:y:2018:i:1:d:10.1007_s41247-018-0037-4
    DOI: 10.1007/s41247-018-0037-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s41247-018-0037-4
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s41247-018-0037-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Aoyama, Hideaki & Souma, Wataru & Fujiwara, Yoshi, 2003. "Growth and fluctuations of personal and company's income," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 324(1), pages 352-358.
    2. Clementi, F. & Di Matteo, T. & Gallegati, M., 2006. "The power-law tail exponent of income distributions," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 370(1), pages 49-53.
    3. Dolgonosov, B.M., 2010. "On the reasons of hyperbolic growth in the biological and human world systems," Ecological Modelling, Elsevier, vol. 221(13), pages 1702-1709.
    4. Paul J. Burke & Md Shahiduzzaman & David I. Stern, 2015. "Carbon dioxide emissions in the short run: The rate and sources of economic growth matter," CAMA Working Papers 2015-12, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    5. Dolgonosov, Boris M., 2016. "Knowledge production and world population dynamics," Technological Forecasting and Social Change, Elsevier, vol. 103(C), pages 127-141.
    6. Fujiwara, Yoshi & Souma, Wataru & Aoyama, Hideaki & Kaizoji, Taisei & Aoki, Masanao, 2003. "Growth and fluctuations of personal income," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 321(3), pages 598-604.
    7. Oded Galor & Omer Moav, 2004. "From Physical to Human Capital Accumulation: Inequality and the Process of Development," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(4), pages 1001-1026.
    8. Puliafito, Salvador Enrique & Puliafito, José Luis & Grand, Mariana Conte, 2008. "Modeling population dynamics and economic growth as competing species: An application to CO2 global emissions," Ecological Economics, Elsevier, vol. 65(3), pages 602-615, April.
    9. Chen, Ping-Yu & Chen, Sheng-Tung & Hsu, Chia-Sheng & Chen, Chi-Chung, 2016. "Modeling the global relationships among economic growth, energy consumption and CO2 emissions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 420-431.
    10. Dalgaard, Carl-Johan & Strulik, Holger, 2011. "Energy distribution and economic growth," Resource and Energy Economics, Elsevier, vol. 33(4), pages 782-797.
    11. Tomas Hellebrandt & Paolo Mauro, 2015. "The Future of Worldwide Income Distribution," LIS Working papers 635, LIS Cross-National Data Center in Luxembourg.
    12. Coelho, Ricardo & Richmond, Peter & Barry, Joseph & Hutzler, Stefan, 2008. "Double power laws in income and wealth distributions," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 387(15), pages 3847-3851.
    13. David N. Weil & Oded Galor, 2000. "Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond," American Economic Review, American Economic Association, vol. 90(4), pages 806-828, September.
    14. Lozano, Sebastián & Gutiérrez, Ester, 2008. "Non-parametric frontier approach to modelling the relationships among population, GDP, energy consumption and CO2 emissions," Ecological Economics, Elsevier, vol. 66(4), pages 687-699, July.
    15. Victor M. Yakovenko & J. Barkley Rosser, 2009. "Colloquium: Statistical mechanics of money, wealth, and income," Papers 0905.1518, arXiv.org, revised Dec 2009.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Boris M. Dolgonosov, 2020. "The energy representation of world GDP," Papers 2006.07938, arXiv.org.
    2. Pavel Tcvetkov, 2021. "Climate Policy Imbalance in the Energy Sector: Time to Focus on the Value of CO 2 Utilization," Energies, MDPI, vol. 14(2), pages 1-22, January.
    3. Boris M. Dolgonosov, 2020. "The Energy Representation of World GDP," Biophysical Economics and Resource Quality, Springer, vol. 5(3), pages 1-5, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ma, Tao & Holden, John G. & Serota, R.A., 2013. "Distribution of wealth in a network model of the economy," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(10), pages 2434-2441.
    2. Xu, Yan & Wang, Yougui & Tao, Xiaobo & Ližbetinová, Lenka, 2017. "Evidence of Chinese income dynamics and its effects on income scaling law," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 487(C), pages 143-152.
    3. Soriano-Hernández, P. & del Castillo-Mussot, M. & Campirán-Chávez, I. & Montemayor-Aldrete, J.A., 2017. "Wealth of the world’s richest publicly traded companies per industry and per employee: Gamma, Log-normal and Pareto power-law as universal distributions?," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 471(C), pages 733-749.
    4. Néda, Zoltán & Gere, István & Biró, Tamás S. & Tóth, Géza & Derzsy, Noemi, 2020. "Scaling in income inequalities and its dynamical origin," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 549(C).
    5. Alberto Russo, 2014. "A Stochastic Model of Wealth Accumulation with Class Division," Metroeconomica, Wiley Blackwell, vol. 65(1), pages 1-35, February.
    6. Zoltan Neda & Istvan Gere & Tamas S. Biro & Geza Toth & Noemi Derzsy, 2019. "Scaling in Income Inequalities and its Dynamical Origin," Papers 1911.02449, arXiv.org, revised Mar 2020.
    7. Guo, Qiang & Gao, Li, 2012. "Distribution of individual incomes in China between 1992 and 2009," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(21), pages 5139-5145.
    8. Costas Efthimiou & Adam Wearne, 2016. "Household Income Distribution in the USA," Papers 1602.06234, arXiv.org.
    9. Ogwang, Tomson, 2013. "Is the wealth of the world’s billionaires Paretian?," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(4), pages 757-762.
    10. Brzezinski, Michal, 2014. "Do wealth distributions follow power laws? Evidence from ‘rich lists’," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 406(C), pages 155-162.
    11. David Croix & Alessandro Sommacal, 2009. "A Theory of Medical Effectiveness, Differential Mortality, Income Inequality and Growth for Pre-Industrial England," Mathematical Population Studies, Taylor & Francis Journals, vol. 16(1), pages 2-35.
    12. Broadberry, Stephen & Ghosal, Sayantan & Proto, Eugenio, 2011. "Is Anonymity the Missing Link Between Commercial and Industrial Revolution?," The Warwick Economics Research Paper Series (TWERPS) 974, University of Warwick, Department of Economics.
    13. Oded, Galor, 2011. "Inequality, Human Capital Formation, and the Process of Development," Handbook of the Economics of Education, in: Erik Hanushek & Stephen Machin & Ludger Woessmann (ed.), Handbook of the Economics of Education, edition 1, volume 4, chapter 0, pages 441-493, Elsevier.
    14. Jakob Madsen & Holger Strulik, 2023. "Testing unified growth theory: Technological progress and the child quantity‐quality tradeoff," Quantitative Economics, Econometric Society, vol. 14(1), pages 235-275, January.
    15. Oded Galor & Omer Moav & Dietrich Vollrath, 2009. "Inequality in Landownership, the Emergence of Human-Capital Promoting Institutions, and the Great Divergence," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(1), pages 143-179.
    16. Broadberry, Stephen & Ghosal, Sayantan & Proto, Eugenio, 2017. "Anonymity, efficiency wages and technological progress," Journal of Development Economics, Elsevier, vol. 127(C), pages 379-394.
    17. Cui, Jian & Pan, Qiuhui & Qian, Qian & He, Mingfeng & Sun, Qilin, 2013. "A multi-agent dynamic model based on different kinds of bequests," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(6), pages 1393-1397.
    18. Parantap Basu & Alessandra Guariglia, 2008. "Does Low Education Delay Structural Transformation?," Southern Economic Journal, Southern Economic Association, vol. 75(1), pages 104-127, July.
    19. Bogang Jun & Tai-Yoo Kim, 2017. "Non-financial hurdles for human capital accumulation: landownership in Korea under Japanese rule," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 11(1), pages 63-92, January.
    20. Anderson, Blake & M'Gonigle, Michael, 2012. "Does ecological economics have a future?," Ecological Economics, Elsevier, vol. 84(C), pages 37-48.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:bioerq:v:3:y:2018:i:1:d:10.1007_s41247-018-0037-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.