The Entropy Law And The Economic Process

By P. Maurer. 2016

1,362 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/7804846cf311b9483799a84e45dfd072ff675e79

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Citations in the corpus

Review of existing literature (2014, background): “Georgescu-Roegen, N. (1971): The Entropy Law and the Economic Process,”
The growth paradox, sustainable development, and business strategy (2021, background): “Daly's mentor, and often a harsh critic of steady state theory, was the main theorist behind the “degrowth” approach to economic growth, Nicholas Georgescu-Roegen (1971).”
A stock-flow-fund ecological macroeconomic model (2015, methodology): “This paper develops such amodel by combining the stock-flow consistent (SFC) approach of Godley and Lavoie (2007) with the flow-fund model of Georgescu-Roegen (1971, ch.”
Policies for a more Dematerialized EU Economy. Theoretical Underpinnings, Political Context and Expected Feasibility (2016, methodology): “Other authors, like for example Ayres and van den Bergh (2005) and Warr and Ayres (2012) insert the environment into the economic system from a more physical (i.e. thermodynamic) perspective, following an approach which is “consistent with the ideas of Georgescu-Roegen (1971) and Daly (1979)” (Warr ”
Solid Waste and the Circular Economy: A Global Analysis of Waste Treatment and Waste Footprints (2017, background): “Waste generation is an inevitable consequence of material consumption, because of the entropic nature of the production process (Georgescu-Roegen 1971) and because of product obsolescence.”
Bioeconomy Strategies: Contexts, Visions, Guiding Implementation Principles and Resulting Debates (2017, background): “However, the term “bioeconomy” was already introduced in the early 1970s by Nicholas Georgescu-Roegen, in the context of his work on applying the thermodynamic law of entropy to economic processes [1].”
Circular economy indicators: What do they measure? (2019, background): “Waste generation is an inevitable outcome of any economic activity due to entropy creation (Georgescu-Roegen, 1973), but changes in waste generation may indicate changes in consumption patterns (EC, 2018a).”
Linking Industrial Ecology and Ecological Economics: A Theoretical and Empirical Foundation for the Circular Economy (2019, background): “…itself was used for the first time in the literature in the 1980s by environmental economists Pearce and Turner (1989) when they explained the change of the traditional open-ended economic system to a circular economic system as a consequence of the laws of thermodynamics (Georgescu-Roegen 1971).”
A meta-analysis investigation of the direction of the energy-GDP causal relationship: implications for the growth-degrowth dialogue (2014, background): “The inevitable limits on growth imposed by the scarcity of natural resources e as delineated in the early works of Georgescu-Roegen (1971, 1977) and Meadows et al. (1972) e are reiterated in modern degrowth approaches (Borowy, 2013; Infante Amate and de Molina, 2013; Lietaert, 2010; Research and…”
On the Circular Bioeconomy and Decoupling: Implications for Sustainable Growth (2019, background): “Notably, in the 1970–90s, neoMalthusians (discussed in detail in Section 3) confronted the idea of recirculating the actual throughput of material and energy flows in the economy against basic thermodynamic principles (Georgescu-Roegen, 1971).”
The Disaster Risk, Global Change, and Sustainability Nexus (2019, methodology): “For example, Georgescu-Roegen [26,27] applied Newton’s laws of thermodynamics to the economy in order to demonstrate the impossibility of continuous economic growth based on a fixed amount of resources.”
Macroeconomic modelling under energy constraints: Global low carbon transition scenarios (2020, background): “First, considering complementarity instead of perfect substitution better reflects the real performance of the productive process (Georgescu-Roegen, 1971; Stern, 1997; Farley and Daly, 2003; D’Alessandro, Luzzati and Morroni, 2010).”