Ecological Footprint Calculation as a Land Demand: Based on the Dynamic Leontief Model

Authors

  • Imre Dobos
    Affiliation

    Department of Economics, Faculty of Economic and Social Sciences, Budapest University of Technology and Economics, Műegyetem rkp. 3., H-1111 Budapest, Hungary

  • Brigitta Tóth-Bozó
    Affiliation

    Department of Economics, Faculty of Economic and Social Sciences, Budapest University of Technology and Economics, Műegyetem rkp. 3., H-1111 Budapest, Hungary

https://doi.org/10.3311/PPso.21257

Abstract

In recent years, researchers have sought to specify precisely what is meant by the ecological footprint, and there are some methods for calculating it. This paper features a new calculation method for determining the ecological footprint (EFP). The basis of our model is the dynamic Leontief model. If our method is applied, one can determine that a dynamic ecological footprint is a sequence of footprints for periods. We also calculate the ecological footprint for both closed and open economies. Our model contains elements taken from the Leontief model: capital accumulation, and integration of exports and imports into the model through input-output panels. All periods are treated as interdependent, rather than as a series of stand-alone data. Most notably, the model separates capital accumulation from the final use of capital, i.e., investment and final consumption. We illustrate the results with numerical examples.

Keywords:

ecological footprint, dynamic Leontief model, balanced growth path

Published Online

2023-08-14

How to Cite

Dobos, I., Tóth-Bozó, B. (2023) “Ecological Footprint Calculation as a Land Demand: Based on the Dynamic Leontief Model”, Periodica Polytechnica Social and Management Sciences. https://doi.org/10.3311/PPso.21257

Issue

Section

Articles