André, Francisco J.; Cerdá, Emilio - Centro de Estudios Andaluces, Government of Andalusia - 2004
production process is more likely to be sustainable the more heavily it depends on renewable, rather than nonrenewable resources. …We present a simple dynamic model to get some key insights about the substitution of renewable for nonrenewable … resources in production and the consequences for sustainability. We highlight the role of the elasticity of substitution …