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This article considers an economy whose production function takes both renewable and non-renewable resources as inputs. We extend the current literature by allowing for exogenous technical change in the elasticity of substitution between these two types of resources. In addition, we study the...
Persistent link: https://www.econbiz.de/10012707952
When analyzing potential ways to counter climate change, standard models of green growth abstract from investment in substitutability between "clean" and "dirty" energy inputs. Instead, they rely on the assumption that efficiency with respect to fossil fuels can be increased perpetually....
Persistent link: https://www.econbiz.de/10012257316
Using a dynamic model with non-renewable natural resources and endogenous knowledge creation, the paper analyses economic development under conditions which are generally considered as most unfavourable. We assume poor substitution between primary input factors, positive population growth and a...
Persistent link: https://www.econbiz.de/10011793168
systems minimise the environmental impact as practitioner reduce their externalities, including; waste, emissions, and energy …
Persistent link: https://www.econbiz.de/10012909789
, companies, sectors, to recycling. Macro-level, system-wide implications of circularity strategies remain underappreciated. We … buildings, infrastructures and machinery grow. This even holds under the assumption of complete recycling, which is practically …
Persistent link: https://www.econbiz.de/10014345473
Persistent link: https://www.econbiz.de/10011090507
When environmental externalities are international - i.e. transfrontier - they most often are multilateral and embody … which are not members of the coalition. This has been for a long time a disputed issue in the theory of the core of … economies with externalities. Among the several assumptions that can be made to this behaviour, a plausible one is defined in …
Persistent link: https://www.econbiz.de/10014219811
The term 'sustainable consumption' denotes the search for consumption patterns that reduce human pressure on the environment and nature. This search involves three levels of research. First, the relationship between consumption, lifestyles and environmental sustainability has to be clarified. A...
Persistent link: https://www.econbiz.de/10005451404
The term ‘sustainable consumption’ denotes the search for consumption patterns that reduce human pressure on the environment and nature. This search involves three levels of research. First, the relationship between consumption, lifestyles and environmental sustainability has to be...
Persistent link: https://www.econbiz.de/10010822566
recycling technology is available. …This article focuses on the technological aspect of recycling, its effect on the production set of the economy and the … of Production Function is proposed: the Production and Recycling Function, which represents the production set when a …
Persistent link: https://www.econbiz.de/10005121320