The knowledge economy: Key to sustainable development?

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F19%3A50015767" target="_blank" >RIV/62690094:18450/19:50015767 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.sciencedirect.com/science/article/pii/S0954349X18302200" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0954349X18302200</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.strueco.2019.02.003" target="_blank" >10.1016/j.strueco.2019.02.003</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The knowledge economy: Key to sustainable development?

Popis výsledku v původním jazyce

A perfect storm of resource depletion and environmental degradation looms as the world’s biggest economies are plagued by low or even negative growth rates. The knowledge economy is often presented as a way of a radical societal transformation to achieve both higher and sustainable economic growth, and as a way out of the predicament of increasing resource scarcity and climate disruption. This paper explores the relationship between the knowledge economy index and consecutive economic growth rates along with various indicators of resource consumption to determine the relative success of this supposedly unique mode of economic development. Our findings show the failure of advanced knowledge economies to grow in the post-2008 period. We have not found any evidence of higher resource efficiency of advanced knowledge economies when their resource consumption is assessed using the material footprint. Through comparison of coal and oil consumption with changes in knowledge economy rankings from 1995 to 2012, we found no regular pattern of diminishing reliance on these increasingly scarce and expensive natural resources by successfully developing knowledge economies.

Název v anglickém jazyce

The knowledge economy: Key to sustainable development?

Popis výsledku anglicky

A perfect storm of resource depletion and environmental degradation looms as the world’s biggest economies are plagued by low or even negative growth rates. The knowledge economy is often presented as a way of a radical societal transformation to achieve both higher and sustainable economic growth, and as a way out of the predicament of increasing resource scarcity and climate disruption. This paper explores the relationship between the knowledge economy index and consecutive economic growth rates along with various indicators of resource consumption to determine the relative success of this supposedly unique mode of economic development. Our findings show the failure of advanced knowledge economies to grow in the post-2008 period. We have not found any evidence of higher resource efficiency of advanced knowledge economies when their resource consumption is assessed using the material footprint. Through comparison of coal and oil consumption with changes in knowledge economy rankings from 1995 to 2012, we found no regular pattern of diminishing reliance on these increasingly scarce and expensive natural resources by successfully developing knowledge economies.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Structural Change and Economic Dynamics

ISSN

0954-349X

e-ISSN

—

Svazek periodika

51

Číslo periodika v rámci svazku

12

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

10

Strana od-do

291-300

Kód UT WoS článku

000502887100025

EID výsledku v databázi Scopus

2-s2.0-85061706178