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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Bibliographic Details
Main Author: Adam Lampert
Format: Article
Language:English
Published: Nature Publishing Group 2019-03-01
Series:Nature Communications
Online Access:https://doi.org/10.1038/s41467-019-09246-2