Scarce Natural Resources, Recycling, Innovation and Growth
(Sprache: Englisch)
This thesis uses neoclassical growth models toevaluate what effect the limited availability of nonrenewable resources has onthe economy's (world's) growth potential. Markus Merz concludes that recyclingmay serve as a mid-term solution to continued growth,...
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This thesis uses neoclassical growth models toevaluate what effect the limited availability of nonrenewable resources has onthe economy's (world's) growth potential. Markus Merz concludes that recyclingmay serve as a mid-term solution to continued growth, but technologicalprogress is needed in the long-run. The theoretical analysis starts with thewell-known Dasgupta-Heal model and considers the effect of recycling andtechnological progress on the resource constraints; resource-augmenting andbackstop technology are analyzed. After a thorough analysis of the models it isconcluded that the ultimate solution to long-term economic growth is a backstoptechnology.
Inhaltsverzeichnis zu „Scarce Natural Resources, Recycling, Innovation and Growth “
An Introduction to Economic Growth Theory.- The Dasgupta-Heal Model.- Recycling as a Source of Regeneration.- Technological Progress.Autoren-Porträt von Markus Merz
Markus Merz is a research fellow at the Department of Banking,University of Tuebingen. His research interests are access to finance, financeand growth and microeconomics of banking.Bibliographische Angaben
- Autor: Markus Merz
- 2015, 1st ed. 2016, X, 118 Seiten, Masse: 14,8 x 21 cm, Kartoniert (TB), Englisch
- Verlag: Springer, Berlin
- ISBN-10: 3658120541
- ISBN-13: 9783658120542
- Erscheinungsdatum: 10.01.2016
Sprache:
Englisch
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