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Green CapitalA New Perspective on Growth$
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Christian de Perthuis and Pierre-André Jouvet

Print publication date: 2015

Print ISBN-13: 9780231171403

Published to Columbia Scholarship Online: May 2016

DOI: 10.7312/columbia/9780231171403.001.0001

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PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 18 September 2021

“Natural Capital” Revisited

“Natural Capital” Revisited

Chapter:
(p.47) 5 “Natural Capital” Revisited
Source:
Green Capital
Author(s):

Christian de Perthuis

Pierre-André Jouvet

, Michael Westlake
Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231171403.003.0006

A long tradition is based on the widespread view of natural capital as a stock of exhaustible resources. Yet to properly take account of contemporary environmental issues, economists must go beyond this standard view and adopt a more systemic representation of natural capital understood as a set of regulatory systems.

Keywords:   Ricardo, Solow, planetary boundaries, ozone layer, ocean acidity

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