DocumentCode :
2786245
Title :
Theory Advocating and Practice Confirmation about Resources Division Endogenous Evolution Based on Scarcity of Natural Resources
Author :
Jiang Guo-gang ; Chen Jing
Author_Institution :
Sch. of Econ. & Manage., Changzhou Univ., Changzhou, China
Volume :
4
fYear :
2011
fDate :
24-25 Sept. 2011
Firstpage :
224
Lastpage :
227
Abstract :
In order to solve the restrain of Labor Division Theory caused by natural resources, environment has not been brought into line with economy research field even it has become a fundamental and significant factor to economy growth. Thus a new analysis framework of Resources Division is used in this paper. By verifying the scarce factor displacement in economy growth, this paper enquires into the validity of Labor Division Theory, and brings forward the Theory of Resources Division based on practice confirmation of natural resources realized insufficiently. Empirical results show that the Resources Division is a higher grade division mode and a transforming activity to traditional industry system, and it will realize endogenous evolution after the natural resources and environment factor have been taken into the economic system. This paper could enrich the research depth and width of economy growth theory and division theory. Based on theoretical analysis, this article emphasizes that China should realize economy growth while depending on circular economy development mode by government regulation so as to realize the sustainable development.
Keywords :
environmental factors; government; macroeconomics; natural resources; sustainable development; Chinese economy; circular economy development; economy growth theory; environment factor; government regulation; labor division theory; natural resources scarcity; resources division endogenous evolution; sustainable development; theory of resources division; Economics; Educational institutions; Humans; Industries; Pollution; Productivity; Endogenous Evolutio; Labour Division; Practice Confirmation; Resources Division;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Information Technology, Computer Engineering and Management Sciences (ICM), 2011 International Conference on
Conference_Location :
Nanjing, Jiangsu
Print_ISBN :
978-1-4577-1419-1
Type :
conf
DOI :
10.1109/ICM.2011.158
Filename :
6113733
Link To Document :
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