The concept of the 'circular-economy' goes back to the work of Boulding (1966) who employed space travel as a metaphor to represent the finite resource limitations facing the Earth's population. Boulding (1966) postulated that for the crew (i.e. world's population) to attempt a long journey...

The simulation of liberalization trade scenarios in economic models normally understate the export growth for countries with small initial trade shares but which nevertheless could be competitive under a new tariff regime. This downward bias is known as the ´small share stay small´ and it is...

The concept of 'bioeconomy' is gathering momentum in European Union (EU) policy circles as a sustainable model of growth to reconcile the goals of continued wealth generation and employment with bio-based sustainable resource usage. Unfortunately, an economy-wide quantitative assessment covering...