• 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