A circular economy model of economic growth

Volume: 73, Issue: 73, Pages: 60 - 63
Published: Nov 1, 2015
Abstract
The main purpose of this paper is to present a theoretical model incorporating the concept of circular economic activities. We construct a circular economy model with two types of economic resources, namely, a polluting input and a recyclable input. Overall, our results indicate that the factors affecting economic growth include the marginal product of the recyclable input, the recycling ratio, the cost of using the environmentally polluting...
Paper Details
Title
A circular economy model of economic growth
Published Date
Nov 1, 2015
Volume
73
Issue
73
Pages
60 - 63
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