Environmental sustainability, nonlinear dynamics and chaos
Environmental sustainability, nonlinear dynamics and chaos
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DOI：
10.1007/s001990050307
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发表时间：
1999-08-01
期刊：
影响因子：
1.3
通讯作者：
Zhang, JX
中科院分区：
文献类型：
--
作者：
Zhang, JX
本文研究了一个简单的具有环境的世代重叠模型-John-Pecchenino（1994）模型中非线性动力学的可能性。我们表明，如果人们对绿色偏好和维护效率相对于退化的关注不够高，周期性或混沌波动的均衡更有可能存在，此外，在特定的条件下，可能会出现一个复杂的拓扑结构。我们的短期分析补充了John和Pecchenino的长期分析，我们的研究结果表明，向环境可持续发展状态的相关过渡并不是微不足道的。
This paper studies the possibility of nonlinear dynamics in a simple overlapping generations model with the environment - the John-Pecchenino (1994) model. We show that if people's concerns towards greener preferences and the maintenance efficiency relative to degradation are not sufficiently high, cyclically or chaotically fluctuating equilibria are more likely to exist; moreover, under a specific condition, a complicated topological structure might emerge. Our short-run analysis complements John and Pecchenino's long-run analysis and our findings suggest that the associated transition towards an environmentally sustainable state is not trivial.