Over-exploitation of natural resources is followed by inevitable declines in economic growth and discount rate
The exploitation of ecosystems has long-lasting consequences for the future provision of natural resources and ecosystem services. Here the author showed that the transition to sustainable harvest after a period of over-harvesting leads to a decline in welfare, economic growth, and in the discount r...
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Format: | Article |
Language: | English |
Published: |
Nature Publishing Group
2019-03-01
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Series: | Nature Communications |
Online Access: | https://doi.org/10.1038/s41467-019-09246-2 |