TY - BOOK ID - 14225194 TI - Scarce Natural Resources, Recycling, Innovation and Growth PY - 2016 SN - 3658120541 365812055X PB - Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer Gabler, DB - UniCat KW - Economic theory. KW - Economic policy. KW - Economics. KW - Economic Theory/Quantitative Economics/Mathematical Methods. KW - R & D/Technology Policy. KW - Economic Policy. KW - Recycling (Waste, etc.) KW - Economic development KW - Nonrenewable natural resources. KW - Environmental aspects. KW - Non-renewable natural resources KW - Exhaustible resources KW - Natural resources, Nonrenewable KW - Nonrenewable natural resources KW - Eco-development KW - Ecodevelopment KW - Conversion of waste products KW - Recovery of natural resources KW - Recovery of waste materials KW - Resource recovery KW - Waste recycling KW - Waste reuse KW - Economic aspects KW - Economic nationalism KW - Economic planning KW - National planning KW - State planning KW - Economics KW - Planning KW - National security KW - Social policy KW - Economic theory KW - Political economy KW - Social sciences KW - Economic man UR - https://www.unicat.be/uniCat?func=search&query=sysid:14225194 AB - This thesis uses neoclassical growth models to evaluate what effect the limited availability of nonrenewable resources has on the economy’s (world’s) growth potential. Markus Merz concludes that recycling may serve as a mid-term solution to continued growth, but technological progress is needed in the long-run. The theoretical analysis starts with the well-known Dasgupta-Heal model and considers the effect of recycling and technological progress on the resource constraints; resource-augmenting and backstop technology are analyzed. After a thorough analysis of the models it is concluded that the ultimate solution to long-term economic growth is a backstop technology. Contents • An Introduction to Economic Growth Theory • The Dasgupta-Heal Model • Recycling as a Source of Regeneration • Technological Progress Target Groups • Teachers and students of economics with a focus on economic growth theory and natural resource economics • Executives and consultants in the field of natural resource, energy politics and in energy companies About The Author 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. ER -