How Substitutable Is Natural Capital?

How Substitutable Is Natural Capital?

One of the recurring themes in the sustainability literature has been the legitimacy of using an economic framework to account for natural resources. This paper examines the potential for substituting between different inputs in the generation of income, where the inputs include natural resources su...

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Bibliographic Details
Main Authors: Markandya, Anil, Pedroso-Galinato, Suzette
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ABSOLUTE VALUE
ACCOUNTABILITY
ACCOUNTING
AMOUNT OF LAND
ASSETS
CAPITAL INPUT
CAPITAL-LABOR
CO2
CONSTANT ELASTICITY
CROSS-SECTION DATA
DEPENDENT VARIABLE
ECONOMETRIC ANALYSIS
ECONOMIC EFFECTS
ECONOMIC FACTORS
ECONOMIC FRAMEWORK
ECONOMIC GROWTH
ECONOMIC INDICATORS
ECONOMIC REVIEW
ECONOMIC STUDIES
ECONOMIC THEORY
ELASTICITY
ELASTICITY OF SUBSTITUTION
EMPIRICAL ESTIMATION
EMPIRICAL WORK
EXPLANATORY VARIABLES
EXPORTS
FACTOR DEMAND
FINANCIAL DEPTH
FINANCIAL DEVELOPMENT
FUNCTIONAL FORM
FUNCTIONAL FORMS
GDP
GROSS OUTPUT
HUMAN CAPITAL
INCOME
INCOME PER CAPITA
INSTITUTIONAL DEVELOPMENT
INSURANCE
LABOR INPUT
LABOR PRODUCTIVITY
LEVEL OF OUTPUT
LEVELS OF CAPITAL
LOW INCOME
MACROECONOMICS
MARKET VALUE
MATHEMATICAL ECONOMICS
NATIONAL INCOME
NATURAL RESOURCES
NEGATIVE ELASTICITY
NEOCLASSICAL MODEL
POLICY RESEARCH
POLITICAL INSTABILITY
POSITIVE IMPACT
PRESENT VALUE
PRICE CHANGES
PRICE ELASTICITY
PRICE ELASTICITY OF DEMAND
PRIVATE SECTOR
PRODUCTION FUNCTION
PRODUCTION FUNCTIONS
PRODUCTION INPUTS
PROPORTIONAL CHANGE
REGRESSION RESULTS
RELATIVE PRICES
RENEWABLE ENERGY
SIGNIFICANT CORRELATION
SIGNIFICANT IMPACT
SIGNIFICANT RELATIONSHIP
SUBSTITUTION RESPONSES
WEALTH
Online Access:http://documents.worldbank.org/curated/en/2006/01/6523016/substitutable-natural-capital
http://hdl.handle.net/10986/8827

Internet

http://documents.worldbank.org/curated/en/2006/01/6523016/substitutable-natural-capital
http://hdl.handle.net/10986/8827

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