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Macroeconomic Modelling of Sustainable Development and the Links between the Economy and the Environment

Author

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  • Prof. Dr. Bernd Meyer

    (GWS - Institute of Economic Structures Research)

Abstract

Europe 2020 is the EU's growth strategy for the coming decade, pushing the EU to become a smart, sustainable and inclusive economy. Under the Europe 2020 strategy the flagship initiative for a resource-efficient Europe points the way towards sustainable growth and supports a shift towards a resource-efficient, low-carbon economy. The purpose of the MACMOD project by Cambridge Econometrics, GWS, SERI and the Wuppertal Institute is to strengthen the economic underpinning for resource policy. Essentially to analyse, how important resources are to our economy, how we will use resources in the future under a business as usual scenario, what are the economic and environmental potentials of improved resource use, how we could achieve that, and what this would mean for our economy, our competitiveness, jobs and our environment. This report presents an overview of the results which provide strong support in favour of a resource policy.

Suggested Citation

  • Prof. Dr. Bernd Meyer, 2012. "Macroeconomic Modelling of Sustainable Development and the Links between the Economy and the Environment," GWS Research Report Series 12-1, GWS - Institute of Economic Structures Research.
    • Handle: RePEc:gws:report:12-1
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    File URL: http://papers.gws-os.com/gws-researchreport12-1.pdf
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    Citations

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    Cited by:

    1. Tanaka Mandy Mbavarira & Christine Grimm, 2021. "A Systemic View on Circular Economy in the Water Industry: Learnings from a Belgian and Dutch Case," Sustainability, MDPI, vol. 13(6), pages 1-62, March.
    2. Mark Meyer & Martin Distelkamp & Gerd Ahlert & Prof. Dr. Bernd Meyer, 2013. "Macroeconomic Modelling of the Global Economy-Energy-Environment Nexus - An Overview of Recent Advancements of the Dynamic Simulation Model GINFORS," GWS Discussion Paper Series 13-5, GWS - Institute of Economic Structures Research.
    3. Zvonimira Sverko Grdic & Marinela Krstinic Nizic & Elena Rudan, 2020. "Circular Economy Concept in the Context of Economic Development in EU Countries," Sustainability, MDPI, vol. 12(7), pages 1-13, April.

    More about this item

    Keywords

    sustainable development; GINFORS; E3ME; resource use; total material requirement; material intensity; macroeconomic modelling;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • P45 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - International Linkages
    • Q31 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Demand and Supply; Prices

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