Publications

@article{Mayumi2019,

title = {Reconsidering “circular economy” in terms of irreversible evolution of economic activity and interplay between technosphere and biosphere},

author = {K. Mayumi and M. Giampietro},

url = {https://econpapers.repec.org/article/rjrromjef/v_3a_3ay_3a2019_3ai_3a2_3ap_3a196-206.htm},

issn = {25376071},

year  = {2019},

date = {2019-01-01},

journal = {Journal for Economic Forecasting},

volume = {22},

number = {2},

pages = {196--206},

abstract = {textcopyright 2019, Institute for Economic Forecasting. All rights reserved. The notion of circular economy has attracted increased attention in recent years. A set of common denominators of circular economy is identified. Then, four questions are raised to show that the ideas of a circular economy cannot be untenable: (i) is there any fundamental difference between the framework of circular economy and the neoclassical standard economics?; (ii) the efficiency improvement of energy and material use is achievable within the framework of circular economy proposal?; (iii) can the harmonious interplay between Technosphere and Biosphere be maintained?; and (iv) is there any serious consideration of “water fund” management within the framework of circular economy?.},

keywords = {Biosphere, Circular economy, Jevons paradox, Technosphere, Water fund},

pubstate = {published},

tppubtype = {article}

}