ECONOMIC / ENVIRONMENTAL SYSTEM INTERACTION

This work is focused on identifying the relationship an economic system and its policies have with the environment. The biosphere is chosen in particular as object of analysis but this can be extended by means of an ecosystem recursive properties. The common factor involved in the relationship analysis is that currently associated with entropy, being the underlying measure of any transformation process. Ashby<92>s viable system model (VSM) is used as a means of appraising the attribution of sustainability while establishing a consistent system of units for both the solar flux and economic transformation processes. Conditions for a virtuous cycle dynamic in relation to sustainability is expressed, adhering to non-equilibrium thermodynamics.

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Year of publication:	2003-06-07
Authors:	Vildosola, Luis
Institutions:	EconWPA
Subject:	Sustainability \| Entropy \| Variety \| Viable \| Change

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Extent:	application/pdf application/postscript
Series:	GE, Growth, Math methods.
Type of publication:	Book / Working Paper
Notes:	Type of Document - RTF; prepared on IBM PC; to print on PostScript; pages: 9 ; figures: included. Non-profit reproduction and distribution of this text for educational and research reasons is permitted providing this copyright statement is included 9 pages
Classification:	A12 - Relation of Economics to Other Disciplines ; A20 - Economics Education and Teaching of Economics. General ; B40 - Economic Methodology. General ; C62 - Existence and Stability Conditions of Equilibrium ; C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data ; D46 - Value Theory ; D58 - Computable and Other Applied General Equilibrium Models ; D78 - Positive Analysis of Policy-Making and Implementation ; E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System ; E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; E60 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook. General ; H20 - Taxation, Subsidies, and Revenue. General ; H30 - Fiscal Policies and Behavior of Economic Agents. General ; H60 - National Budget, Deficit, and Debt. General ; I30 - Welfare and Poverty. General ; K32 - Environmental, Health, and Safety Law ; K34 - Tax Law ; M40 - Accounting and Auditing. General ; O10 - Economic Development. General ; O20 - Development Planning and Policy. General ; O30 - Technological Change; Research and Development. General ; O40 - Economic Growth and Aggregate Productivity. General ; P00 - Economic Systems. General ; Q20 - Renewable Resources and Conservation; Environmental Management. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005062749