The golden rule of material stock accumulation

作者: Mihály Dombi

DOI: 10.1016/J.ENVDEV.2021.100638

关键词:

摘要: Abstract According to the key function of material stock, it constitutes valuable service infrastructure for society; however, is also a driver resource use, an object technological lock-in, and challenging waste management issue future. In this article, golden rule accumulation defined by confronting ability society process materials–as benefit capital, with physical investments–as cost process. Except two countries specific conditions (Japan Switzerland), level assets in analyzed economies performs under quantity capital per worker terms. Thus, there no incentive present reduce stock future current economic conditions, neither emerging nor developed countries.

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