ECONOMIC / ENVIRONMENTAL SYSTEM INTERACTION

Luis Vildosola

GE, Growth, Math methods from University Library of Munich, Germany

Abstract: 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 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.

Keywords: Sustainability; Entropy; Variety; Viable; Change (search for similar items in EconPapers)
JEL-codes: A12 A20 B40 C62 C82 D46 D58 D78 E42 E50 E60 H20 H30 H60 I30 K32 K34 M40 O10 O20 O30 O40 P00 Q20 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2003-06-07
New Economics Papers: this item is included in nep-law and nep-pbe
Note: 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
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpge:0306001

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