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Rethinking productivity : why has productivity focussed on labour instead of natural resources? ; Notes on the relevance of a classical debate

  • The contribution of natural resources and ecosystems to economic processes still remains under-assessed by market evaluation and productivity analysis. Following the historical lines of the classical productivity debate ranging from the French Physiocrats to early neoclassical growth theories, the productivity concept underwent a gradual transformation from its previous understanding based on natural resources and other environmental factors to its contemporary narrow notion. This paper claims that the course of the classical debate has shaped the scope of predominant contemporary analysis. Except for some very recent findings, multifactor productivity largely focusses on a two-factor model. Material Flow Analysis (MFA) provides a usefulThe contribution of natural resources and ecosystems to economic processes still remains under-assessed by market evaluation and productivity analysis. Following the historical lines of the classical productivity debate ranging from the French Physiocrats to early neoclassical growth theories, the productivity concept underwent a gradual transformation from its previous understanding based on natural resources and other environmental factors to its contemporary narrow notion. This paper claims that the course of the classical debate has shaped the scope of predominant contemporary analysis. Except for some very recent findings, multifactor productivity largely focusses on a two-factor model. Material Flow Analysis (MFA) provides a useful step for widening the measurement and notion of productivity.show moreshow less

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Metadaten
Document Type:Peer-Reviewed Article
Author:Raimund Bleischwitz
URN (citable link):https://nbn-resolving.org/urn:nbn:de:bsz:wup4-opus-12122
Year of Publication:2001
Language:English
Source Title (English):Environmental and resource economics
DOI:https://doi.org/10.1023/A:1011106527578
Volume:19
Issue:1
First Page:23
Last Page:36
Release Date:2011/11/04
Division:Präsidialbereich
Dewey Decimal Classification:600 Technik, Medizin, angewandte Wissenschaften
Licence:License LogoIn Copyright - Urheberrechtlich geschützt