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Using input-output tables for 1972 and 1977 we examine direct and indirect energy use in the production of fourteen U.S. agricultural products. We find that between 1972 and 1977 energy use increased in absolute terms but decreased in terms of Btus required per dollar of output. Although this...
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As the debate about the meaning of sustainable development matures, the links between environmental and social sustainability are becoming clearer. Environmental degradation frequently leads to social instability and vice-versa. Recent studies of past civilizations show a disturbing and...
Persistent link: https://www.econbiz.de/10005751945
This paper is an attempt to place oligopoly price stickiness into a pure uncertainty framework. Using the concept of the "reliability ratio," developed by Robert Heiner, the authors are able to show that price stickiness is a rational response to the demand uncertainty generated by oligopolistic...
Persistent link: https://www.econbiz.de/10005641746
Economic and evolutionary thinking have been entwined throughout their histories, but evolutionary theory does not function as a general theoretical framework for economics and public policy, as it does for the biological sciences. In this lead article for a special issue of the Journal of...
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This timely Handbook reviews many key issues in the economics of energy and climate change, raising new questions and offering solutions that might help to minimize the threat of energy-induced climate change.
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The intellectual histories of economics and evolutionary biology are closely intertwined because both subjects deal with living, complex, evolving systems. Because the subject matter is similar, contemporary evolutionary thought has much to offer to economics. In recent decades theoretical...
Persistent link: https://www.econbiz.de/10011048088
The meaning of sustainability is the subject of intense debate among environmental and resource economists. Perhaps no other issue separates more the traditional economic view of the natural world from the views of most natural scientists. The debate currently focuses on the substitutability...
Persistent link: https://www.econbiz.de/10005281741