Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/27490
Authors: 
Cogoy, Mario
Year of Publication: 
2009
Series/Report no.: 
Economics Discussion Papers / Institut für Weltwirtschaft 2009-9
Abstract: 
This paper presents the model of an economy subject to the mass conservation principle. The economic system is related to the environment by a flow of virgin materials into the economy, and by the diffusion of waste into the environment. Ecoefficiency contributes to reducing material waste in all processes. Recycling can reduce the diffusion of waste by feeding it back into the economy. Human capital enhances productivity, eco-efficiency and the quality of all kinds of outputs. Recycling and human capital formation use productive factors and are rooted therefore, as all other activities, in the material basis of the economy. The paper studies an optimal material state of society.
Subjects: 
Eco-Efficiency
Recycling
Materials Balances
Material Flows
Human Capital
JEL: 
O41
O30
D90
Q00
Creative Commons License: 
http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type: 
Working Paper

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