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来源类型 | Working papers |
规范类型 | 论文 |
DOI | 10.3929/ethz-a-004933368 |
Endogenous growth and recycling: a material balance approach | |
Pittel, Karen; Amigues, Jean-Pierre; Kuhn, Thomas | |
发表日期 | 2005-02 |
出版者 | ETH Zurich, Institute of Economic Research (WIF) |
出版年 | 2005 |
语种 | 英语 |
摘要 | In this paper we analyze the importance of recycling in the strive for sustainable development. In contrast to former approaches we emphasize the role of the waste stock as a source of valuable inputs. We enhance a Romer (1990) type endogenous growth model by a material balance condition that reflects the circulation of matter in the economy. Diferentiated intermediate products are produced from recycled waste and virgin resources. These material intermediates are then employed in the production of final output. They either end up as waste after consumption or are bound in the capital stock depending on the utilization of the produced output. We show that, even in the absence of environmental policy, long-run development is sustainable in this economy. The intuition is, that, as waste is a valuable resource in our model, not recycling part of it, cannot be optimal in the long-run. |
主题 | Non-renewable resources ; Recycling ; Endogenous growth ; Sustainable development |
URL | https://www.research-collection.ethz.ch/handle/20.500.11850/48046 |
来源智库 | Centre for Energy Policy and Economics (Switzerland) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/266627 |
推荐引用方式 GB/T 7714 | Pittel, Karen,Amigues, Jean-Pierre,Kuhn, Thomas. Endogenous growth and recycling: a material balance approach. 2005. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
eth-27750-01.pdf(1087KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
eth-27750-01.jpg(3KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | ![]() 浏览 |
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