Scarce Natural Resources, Recycling, Innovation and Growth by Markus MerzScarce Natural Resources, Recycling, Innovation and Growth by Markus Merz

Scarce Natural Resources, Recycling, Innovation and Growth

byMarkus Merz

Paperback | December 16, 2015

Pricing and Purchase Info

$103.01 online 
$117.50 list price save 12%
Earn 515 plum® points

Prices and offers may vary in store

Quantity:

In stock online

Ships free on orders over $25

Not available in stores

about

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.
Markus Merz is a research fellow at the Department of Banking, University of Tuebingen. His research interests are access to finance, finance and growth and microeconomics of banking.  
Loading
Title:Scarce Natural Resources, Recycling, Innovation and GrowthFormat:PaperbackDimensions:118 pages, 21 × 14.8 × 0.02 inPublished:December 16, 2015Publisher:Springer-Verlag/Sci-Tech/TradeLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:3658120541

ISBN - 13:9783658120542

Look for similar items by category:

Reviews

Table of Contents

An Introduction to Economic Growth Theory.- The Dasgupta-Heal Model.- Recycling as a Source of Regeneration.- Technological Progress.