| 000 | 02409nam a2200349 a 4500 | ||
|---|---|---|---|
| 005 | 20181210070934.0 | ||
| 007 | cr ||||||||||| | ||
| 008 | 060110s2005 dcu sb i000 0 eng | ||
| 010 | _a 2005705502 | ||
| 040 |
_aDLC _cDLC _dBD-DhBPA |
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| 050 | 0 | 0 | _aHG3881.5.W57 |
| 082 |
_a333.7 _bMAH 2005 |
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| 100 | 1 |
_aMarkandya, Anil _d1945- _943584 |
|
| 245 | 1 | 0 |
_aHow substitutable is natural capital ? / _cAnil Markandya and Suzette Pedroso-Galinato. |
| 260 |
_aWashington, D.C. : _bWorld Bank, _c2005 |
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| 300 |
_a19 p. ; _c23 cm. |
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| 490 | 1 |
_aPolicy research working paper ; _v3803 |
|
| 500 | _aTitle from PDF file as viewed on 1/10/2006. | ||
| 504 | _aIncludes bibliographical references. | ||
| 520 | 3 | _a"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 of substitution. Also, with this specification, natural resources and other inputs are combined in different levels of the function, thus allowing for different levels of substitutability. Institutional and economic indicators are also incorporated in the production function estimated. Results show that the elasticities derived from functions involving land resources were generally around one or greater, implying a fairly high degree of substitutability. Furthermore, changes in trade openness and private sector investment have a statistically significant and direct relationship with income generation. No statistically significant relationship between income and any of the institutional indicators was found. "--World Bank web site. | |
| 530 | _aAlso available in print. | ||
| 538 | _aSystem requirements: Adobe Acrobat Reader. | ||
| 538 | _aMode of access: World Wide Web. | ||
| 590 | _aZahid | ||
| 650 | 0 |
_aNatural resources. _9108804 |
|
| 650 | 0 |
_aSubstitute products. _9108805 |
|
| 650 | 0 |
_aSubstitution (Economics) _926421 |
|
| 700 | 1 |
_aPedroso-Galinato, Suzette. _9108806 |
|
| 710 | 2 |
_aWorld Bank. _9108807 |
|
| 830 | 0 |
_aPolicy research working papers (Online) ; _v3803. _9108808 |
|
| 942 |
_2ddc _cBK |
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| 999 |
_c37870 _d37870 |
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