A theory of economic growth with material/energy resources and dematerialization: Interaction of three growth mechanisms

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Ayres, Robert U., 1932 (författare): Chalmers tekniska högskola,Chalmers University of Technology

(creator_code:org_t)

Elsevier BV, 2005
2005
Engelska.
Ingår i: Ecological Economics. - : Elsevier BV. - 0921-8009. ; 55:1, s. 96-118

Relaterad länk:: http://dx.doi.org/10...; visa fler...; https://doi.org/10.1...; https://research.cha...; visa färre...

Abstract Ämnesord

Stäng

The nature of energy and material resources in a non-optimizing growth theory framework is clarified. This involves two modifications of the conventional theory. Firstly, multiple feedback mechanisms or "growth engines" are identified, such that the impact of the cost of production through demand on growth is accounted for. Secondly, a production function distinguishes between resource use, technical efficiency, and value creation. The resulting model is analytically solved under the condition of a constant growth rate. Given model complexity, numerical experiments are performed as well, providing relevant insights to the academic and political debates on 'environmental Kuznets curves' and 'dematerialization.'

Om ämnet

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