Are We Seeing Dematerialization of World GDP?
Rögnvaldur Hannesson ()
Additional contact information
Rögnvaldur Hannesson: Norwegian School of Economics
Biophysical Economics and Resource Quality, 2021, vol. 6, issue 2, 1-6
Abstract Production of commodities and industrial products typically declines in relative terms as countries get richer. Does this mean that economic growth will become dematerialized and take place without being accompanied by a rise in the use of materials? Do we see signs of this already happening? We look at the production of cement and thirteen minerals 1960–2019 and find no evidence of dematerialization. Production of cement and eight minerals has grown more rapidly than world GDP and that of three minerals more rapidly than world population. Extraction of most minerals has accelerated rather than stagnated since the turn of the century.
Keywords: Mineral production; GDP; Economic growth; Dematerialization (search for similar items in EconPapers)
JEL-codes: N50 O13 Q32 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s41247-021-00086-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:bioerq:v:6:y:2021:i:2:d:10.1007_s41247-021-00086-7
Ordering information: This journal article can be ordered from
Access Statistics for this article
Biophysical Economics and Resource Quality is currently edited by C.A.S. Hall and U. Bardi
More articles in Biophysical Economics and Resource Quality from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().