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The efficiency rebound effect and the money supply.
| العنوان: | The efficiency rebound effect and the money supply. |
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| المؤلفون: | Stefan Möckel |
| سنة النشر: | 2024 |
| مصطلحات موضوعية: | Microbiology, Biotechnology, Ecology, Developmental Biology, Marine Biology, Plant Biology, Environmental Sciences not elsewhere classified, Biological Sciences not elsewhere classified, Mathematical Sciences not elsewhere classified, exponential population growth, ecological sustainability cannot, |
| الوصف: | With the increase in resource efficiency NRE to NRE´ , more goods and services can be produced and consumed with the same amount of resources NR . Since the aggregate demand AD increases with a constant money supply M because of the rebound effect to AD’ , the aggregate supply increases to AS´ and the resource savings NR’ are small. The efficiency gains are fully converted into resource savings NR s when the money supply M s decreases and thus AD remains constant despite efficiency-related cost reductions. Conversely, if the money supply increases to M g as in reality, then AD grows to AD g and NR to NR g , which is possible due to the efficiency gains NRE’ and the expansion of the potential production output PO to PO g due to growing investment in resource exploitation, increasing AS to AS g . Own presentation. Q = Quantity; AD = Aggregate Demand; AD g = unrealizable AD g ; AS = Aggregate Supply; M = Money Supply; PO = Potential Output; NR = Quantity of Natural Resource Consumption; s = sustainable; g = growth; NRE = Natural Resource Efficiency (resource consumption per product as a function of resource price). |
| نوع الوثيقة: | still image |
| اللغة: | unknown |
| Relation: | https://figshare.com/articles/figure/The_efficiency_rebound_effect_and_the_money_supply_/25120110 |
| DOI: | 10.1371/journal.pstr.0000095.g006 |
| الاتاحة: | https://doi.org/10.1371/journal.pstr.0000095.g006 https://figshare.com/articles/figure/The_efficiency_rebound_effect_and_the_money_supply_/25120110 |
| Rights: | CC BY 4.0 |
| رقم الانضمام: | edsbas.73B855F3 |
| قاعدة البيانات: | BASE |
| DOI: | 10.1371/journal.pstr.0000095.g006 |
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