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    题名: A Circular Economy Model of Sustainable Growth
    作者: 林其昂
    Lin, Brian Chi-ang;Shieh, Jhy -Yuan;Chen, Jhy-Hwa
    贡献者: 財政系
    关键词: Sustainable growth;Circular economy;Recycling;Economic growth;Sustainability
    日期: 2025-05
    上传时间: 2025-06-13 09:28:23 (UTC+8)
    摘要: A circular economy is in essence a closed system in which all goods produced have become inputs to sustain the system in the long run. By taking some of the key principles of a circular economy such as reducing waste and pollution, increasing recycling, and improving the natural environment into consideration, this paper provides a general equilibrium analysis of a circular economy model (CEM) in which the recycling of output waste is endogenously determined. When a unique steady-state balanced-growth path exists in a circular economy, consumption, the waste stock, and the pollution stock all grow at the same rate. Theoretically, this paper also shows that the government can implement a negative income tax and a positive pollution tax to optimally allocate all resources in a market economy and sustain long-term economic growth.
    關聯: Circular Economy and Sustainability
    数据类型: article
    DOI 連結: https://doi.org/10.1007/s43615-025-00559-7
    DOI: 10.1007/s43615-025-00559-7
    显示于类别:[財政學系] 期刊論文

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