Titlebook: Scarce Natural Resources, Recycling, Innovation and Growth; Markus Merz Book 2016 Springer Fachmedien Wiesbaden 2016 Exhaustible natural r

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Book 2016owth 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

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2625-3577 logy are analyzed. After a thorough analysis of the models it isconcluded that the ultimate solution to long-term economic growth is a backstoptechnology.978-3-658-12054-2978-3-658-12055-9Series ISSN 2625-3577 Series E-ISSN 2625-3615

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Introduction,oods, and energy to power machines. For example, according to the World Resource Institute (2010) about 37% of the world’s land is used for agriculture and according to BP (2014) about 91 million barrels (bbls) of oil are consumed every day. Oil plays a vital role in many aspects of daily life. Its

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Discussion and Conclusions,ge, resources such as rare earth metals have begun to play an important role. As society grows more dependent little is known about their long-term effect on economic growth. This thesis presents the complex development that an economy based on limited resources will undergo.

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VS Verlag f?r Sozialwissenschaften | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011

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Economic Theory and Policies: New Directions After Neoliberalism,croeconomics theoretical framework has dominated macro-economic analysis in recent years and has in effect underpinned many macroeconomic policies. However, given the current experience with the ‘great recession’ crisis, the question arises whether there is not a better paradigm and set of economic