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Feasibility and optimality of sustainable growth under materials balance

机译:物质平衡下可持续增长的可行性和最优性

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摘要

Pollution from consumption and production is an inevitable part of economic processes. We employ a materials balance approach and develop an endogenous growth theory, with recycling activity, to examine the evolution of the economic and environment systems. This paper provides feasibility and optimality conditions for sustainable economic growth with rising environmental quality. The fundamental condition of feasibility is that the flow of natural resources, which eventually returns to the environment as waste and pollution, has a negative growth rate in the long run.
机译:消费和生产造成的污染是经济过程中不可避免的一部分。我们采用材料平衡的方法,并开发出具有循环利用活动的内生增长理论,以研究经济和环境系统的演变。本文为环境质量不断提高提供了可持续经济增长的可行性和最佳条件。可行性的基本条件是,从长远来看,最终以废物和污染的形式返回到环境中的自然资源流量具有负增长率。

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