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Economic Growth by Waste Generation: the Dynamics of a Vicious Circle

Author

Listed:
  • Benoit Desmarchelier

    (CLERSÉ - Centre Lillois d’Études et de Recherches Sociologiques et Économiques - UMR 8019 - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

  • Faridah Djellal

    (CLERSÉ - Centre Lillois d’Études et de Recherches Sociologiques et Économiques - UMR 8019 - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

  • Faïz Gallouj

    (CLERSÉ - Centre Lillois d’Études et de Recherches Sociologiques et Économiques - UMR 8019 - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

Abstract

The aim of this article is to explain the overall shape of the waste stream of durable goods in the US economy. For this purpose we construct an agent-based model of economic growth and waste generation and compare this latter variable to the amount of waste of durables generated in the USA between 1960 and 2008. The model highlights a particularly vicious circle in which waste generation becomes a positive factor of economic growth

Suggested Citation

  • Benoit Desmarchelier & Faridah Djellal & Faïz Gallouj, 2011. "Economic Growth by Waste Generation: the Dynamics of a Vicious Circle," Post-Print halshs-01247717, HAL.
    • Handle: RePEc:hal:journl:halshs-01247717
    DOI: 10.1007/978-3-642-21108-9_11
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    Cited by:

    1. Benoît Desmarchelier & Faridah Djellal & Faïz Gallouj, 2017. "Economic growth, business cycles and products variety: exploring the role of demand satiety," Journal of Evolutionary Economics, Springer, vol. 27(3), pages 503-529, July.
    2. Faridah Djellal & Faïz Gallouj, 2015. "Service innovation for sustainability: paths for greening through service innovation," Working Papers halshs-01188530, HAL.

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