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dc.contributor.authorPittel, Karen-
dc.contributor.authorAmigues, Jean-Pierre-
dc.contributor.authorKuhn, Thomas-
dc.date.accessioned2019-02-05T17:33:50Z-
dc.date.available2019-02-05T17:33:50Z-
dc.date.issued2005-
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/15026-
dc.description.abstractIn 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. Differentiated 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.de_CH
dc.format.extent33de_CH
dc.language.isoende_CH
dc.publisherETH Zürichde_CH
dc.relation.ispartofseriesEconomics Working Paper Seriesde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subject.ddc363: Umwelt- und Sicherheitsproblemede_CH
dc.titleEndogenous growth and recycling : a material balance approachde_CH
dc.typeWorking Paper – Gutachten – Studiede_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitFachstelle für Wirtschaftspolitik (FWP)de_CH
zhaw.publisher.placeZürichde_CH
dc.identifier.doi10.3929/ethz-a-004933368de_CH
zhaw.funding.euNode_CH
zhaw.originated.zhawNode_CH
zhaw.series.number5(37)de_CH
Appears in collections:Publikationen School of Management and Law

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