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Opis

This thesis uses neoclassical growth models to§evaluate what effect the limited availability of nonrenewable resources has on§the economy's (world's) growth potential. Markus Merz concludes that recycling§may serve as a mid-term solution to continued growth, but technological§progress is needed in the long-run. The theoretical analysis starts with the§well-known Dasgupta-Heal model and considers the effect of recycling and§technological progress on the resource constraints; resource-augmenting and§backstop technology are analyzed. After a thorough analysis of the models it is§concluded that the ultimate solution to long-term economic growth is a backstop§technology.

Szczegóły książki

Kategoria Knihy po anglicky Economics, finance, business & management Economics Economic growth

• Pełny tytuł: Scarce Natural Resources, Recycling, Innovation and Growth
• Autor: Markus Merz
• Język: Angielski
• Oprawa: Miękka
• Liczba stron: 118
• EAN: 9783658120542
• ISBN: 3658120541
• ID: 02824112
• Wydawca: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
• Waga: 1757 g
• Wymiary: 7 × 148 × 210 mm
• Data wydania: 10. December 2015

Ulubione w innej kategorii

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