Economics of Sustainable Development and the Bioeconomy

David Zilberman, Ben Gordon, Gal Hochman, J.H.H. Wesseler

Research output: Contribution to journalArticleAcademicpeer-review

15 Citations (Scopus)

Abstract

Sustainable development can be attained by policies that are derived by analyses that integrate biophysical considerations into economic models. We show that policies and incentives that correct market failure can attain sustainable resources, and development of the bioeconomy, which relies on biological processes and feed-stock to produce renewable products. The design of sustainable development policies and analysis of the bioeconomy pose new challenges to applied economists, who are uniquely qualified to integrate economic analysis with biophysical considerations.
Original languageEnglish
Pages (from-to)22-37
JournalApplied Economic Perspectives and Policy
Volume40
Issue number1
DOIs
Publication statusPublished - 16 Feb 2018

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sustainable development
market failure
economic model
economics
economist
development policy
incentive
economic analysis
biological processes
resources
market
resource
policy
Economics
Sustainable development
Incentives
Development policy
Economists
Economic analysis
Resources

Keywords

  • Sustainable development
  • bioeconomy
  • dynamics
  • heterogeneity
  • adoption
  • renewable resources

Cite this

Zilberman, David ; Gordon, Ben ; Hochman, Gal ; Wesseler, J.H.H. / Economics of Sustainable Development and the Bioeconomy. In: Applied Economic Perspectives and Policy. 2018 ; Vol. 40, No. 1. pp. 22-37.
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Economics of Sustainable Development and the Bioeconomy. / Zilberman, David; Gordon, Ben; Hochman, Gal; Wesseler, J.H.H.

In: Applied Economic Perspectives and Policy, Vol. 40, No. 1, 16.02.2018, p. 22-37.

Research output: Contribution to journalArticleAcademicpeer-review

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