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Ever increasing ecological treats and unlimited, accelerated economic growth shall be evaluated in interaction with each other. In real estate industry investment environment unable to ensure sustainability without conformity of other economic sectors with the criteria of sustainable development. In practice entrepreneurs devoting insufficient attention to the outcome of a construction process, underestimate...
To study natural resource and economic growth on sustainability, we present an extension of the neoclassical growth model with two new concepts: natural capital and allocation of investment. We consider that the value of the natural capital stock has declined during the production process and can be recovered from some regeneration process. The investment can be divided into two parts, which are used...
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