Environmental Pollution, Economic Growth and Energy Consumption
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Every Generations or time comes with its own unique prospects, challenges,threats and constraints. The economic system, ideologies and believes often reflect the characteristic feature of the time. The classical economists, for example, who lived in a largely Agrarian society, naturally took interest in Agricultural Production and discussed land productivity. The Neoclassical Economists, who lived in a more industrial society, tended to neglect land in the production function and regarded capital and labor as the only important factors of production. In our modern era where sustaining the plan...
Every Generations or time comes with its own unique prospects, challenges,threats and constraints. The economic system, ideologies and believes often reflect the characteristic feature of the time. The classical economists, for example, who lived in a largely Agrarian society, naturally took interest in Agricultural Production and discussed land productivity. The Neoclassical Economists, who lived in a more industrial society, tended to neglect land in the production function and regarded capital and labor as the only important factors of production. In our modern era where sustaining the planet is a major challenge,the role of natural resources, especially energy, is beginning to attract some attention from economists and people from all works of life. The subject of this study therefore, reflects one of dominant theme of our time.that is the long run Nexus between Environmental Pollution, Energy Consumption and Economic Growth
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