How substitutable is natural capital ? (English)

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 such as land and energy resources. A nested constant elasticity of substitution (CES) production function is used to allow flexibility in the estimated elasticities...

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Author

Markandya,Anil;

Pedroso-Galinato, Suzette;
Document Date
2006/01/01
Document Type
Policy Research Working Paper
Report Number
WPS3803
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
How substitutable is natural capital ?
Keywords
production function

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Citation

Markandya,Anil; Pedroso-Galinato, Suzette.

How substitutable is natural capital ? (English). Policy, Research working paper ; no. WPS 3803 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/611341468315851046

How substitutable is natural capital ? (English)

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