Resources, Environment and Economics: Applications of the Materials/ Energy Balance Principle.

Abstract

Presents the basic economic and physical theory underlying modern resource/environmental economics, its application to the construction of analytical models, and the corresponding requirements for statistical data. Places particular emphasis on realistic'' models. Maps past, present and future flow of materials and energy through processing, consumption, and environmental wastes. Discusses available data sources and the organization of data into appropriate statistical subsystems. Jointly treats economic and technological considerations.