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• W2058702425 abstract "We study the relationship between economic development and consumption of natural resources using a vintage capital model. Consumption of natural resources is assumed to generate pollution, part of which will be absorbed by nature's self-regeneration capacity. We find that during the transition dynamics, the shape of the pollution output relationship will depend on the parameter determining nature's self-regeneration capacity. Using footprint and biological capacity data, we show empirically in a repeated cross-section of countries that the shape of the pollution–output relationship indeed depends on countries' capacity to regenerate part of the resources they consume from nature." @default.
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• W2058702425 date "2008-06-01" @default.
• W2058702425 modified "2023-09-26" @default.
• W2058702425 title "Economic development and environmental quality: A reassessment in light of nature's self-regeneration capacity" @default.
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• W2058702425 doi "https://doi.org/10.1016/j.ecolecon.2007.09.013" @default.
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