Pittel, Karen; Jean-Pierre, Amigues; Kuhn, Thomas - CER-ETH Center of Economic Research, Department of … - 2005
In this paper we analyze the importance of recycling in the strive for sustainable development. In contrast to former approaches we emphasize the role of the waste stock as a source of valuable inputs. We enhance a Romer (1990) type endogenous growth model by a material balance condition that...