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Scarce Natural Resources, Recycling, Innovation and Growth (Paperback, 1st ed. 2016) Loot Price: R1,725
Discovery Miles 17 250
Repayment Terms: R162 pm x 12*
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Scarce Natural Resources, Recycling, Innovation and Growth (Paperback, 1st ed. 2016): Markus Merz

Scarce Natural Resources, Recycling, Innovation and Growth (Paperback, 1st ed. 2016)

Markus Merz

Series: BestMasters

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Loot Price R1,725 Discovery Miles 17 250 | Repayment Terms: R162 pm x 12*

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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.

General

Imprint: Springer Gabler
Country of origin: Germany
Series: BestMasters
Release date: December 2015
First published: 2016
Authors: Markus Merz
Dimensions: 210 x 148 x 8mm (L x W x T)
Format: Paperback
Pages: 118
Edition: 1st ed. 2016
ISBN-13: 978-3-658-12054-2
Categories: Books > Business & Economics > Economics > General
Books > Earth & environment > The environment > Management of land & natural resources
Books > Earth & environment > The environment > Waste management > General
LSN: 3-658-12054-1
Barcode: 9783658120542

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