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- W2155684439 abstract "Attempts to measure the prospects for natural resource substitution have increased dramatically over the last five years.2) In large part, these studies were motivated by the recognition that the importance of limitations to natural resource availability for production activities depends on whether it is possible, within these processes, to substitute other factor inputs for the scarce, resource inputs. Indeed, Solow [1974] has developed a similar argument in formulating judgments on the importance of natural resources to the maintenance of society’s well-being.3) While there are a number of substantive issues which bear on the applicability of his argument for an aggregate economy in the real world, they are not of direct concern to the motivation for our paper.4) Rather, Solow’s argument is important because it has heightened the existing interest in the measurement of the prospects for natural resource substitution." @default.
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- W2155684439 date "1982-01-01" @default.
- W2155684439 modified "2023-09-27" @default.
- W2155684439 title "The Performance of Neoclassical-Econometric Models in Measuring Natural Resource Substitution with Environmental Constraints" @default.
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- W2155684439 doi "https://doi.org/10.1007/978-3-662-41575-7_30" @default.
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