The Mobilization of Human Resources as an Effect of the Depletion of Environmental and Social Assets

21 Pages Posted: 8 May 2006

See all articles by Stefano Bartolini

Stefano Bartolini

University of Siena - Department of Economics

Luigi Bonatti

University of Bergamo; University of Trento - Department of Economics and Management

Abstract

In this paper, the growth process is not fed by the accumulation of productive assets (physical and/or human capital, knowledge etc.), but by the depletion of environmental or social resources, which induces individuals to increase their labor supply in order to consume more of the market goods that substitute for the depleted resources. Hence, production is expanded, thus eroding the resources' ability to regenerate, which decreases with aggregate production. Within this context, the 'green' net national product is derived and it is shown how a regulatory authority should manage the resources for achieving Pareto-optimality.

Suggested Citation

Bartolini, Stefano and Bonatti, Luigi, The Mobilization of Human Resources as an Effect of the Depletion of Environmental and Social Assets. Metroeconomica, Vol. 57, No. 2, pp. 193-213, May 2006, Available at SSRN: https://ssrn.com/abstract=898997 or http://dx.doi.org/10.1111/j.1467-999X.2006.00239.x

Stefano Bartolini (Contact Author)

University of Siena - Department of Economics ( email )

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Luigi Bonatti

University of Bergamo ( email )

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Bergamo, 24129
Italy
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University of Trento - Department of Economics and Management ( email )

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Trento, I-38100
Italy
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+04 61 882222 (Fax)

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