Dynamic Interaction Between Economic Growth, Human Capital, Environment, and Resource

2017 Fiscal Year Final Research Report

• Project/Area Number: 25380246
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Economic theory
• Research Institution: Ritsumeikan Asia Pacific University
• Principal Investigator: ZHANG Wei-Bin 立命館アジア太平洋大学, 国際経営学部, 教授 (90331123)
• Project Period (FY): 2013-04-01 – 2018-03-31
• Keywords: general equilibrium / human capital / knowledge / resource / population change / preference / wealth / income distribution

Outline of Final Research Achievements

The project developed an integrated economic theory, which describes dynamic interactions of economic structure, human and physical capital, health, preference, environment and resources with different policies over space in a consistent framework. The theory explains some empirically found economic complexity, which traditional economic theories failed to explain. For instance, one of the issues the theory explains is how different education, health and environmental policies interact with economic growth, population change, environmental change, health improvement, and wealth accumulation and distribution in modern economies. The theory studies other important issues related to, for instance, government debts, portfolio choice, land and gold values, and resources. The project published 51 papers in international peer-review journals.

Free Research Field

theoretical economics