JOINT PRODUCTION WITHOUT FREE DISPOSAL: SUSTAINABLE ACTIVITY AND UNSUPPORTABLE PROCESSES

Investigations of long-run sustainability of joint ecological-economic systems highlight the pertinence of reconsidering "free disposal" assumptions that underpin Sraffian and von Neumann approaches to value and growth theory. We investigate joint-production time-paths for square systems A and B , defined by nonnegative activity vectors T T1 y , y + ,... for periods T, T +1, ... satisfying iteratively T T 1 y y+ B = A , etc. Necessary and sufficient for existence of indefinitely sustainable "full resource utilisation" time paths (Hicks), is the condition that U ≡ BA−1 have a non-negative left-eigenvector with associated non-negative eigenvalue. Sustainable time-paths may then be balanced growth at g > −1, or convergent oscillations, or undamped cycles. Processes are classified as "essential", "non-essential", or "unsupportable" for sustainable activity, based on considerations of eigenvector (non)-negativity and (in)decomposability of U .

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Source https://hal.science/hal-00871780
Author O'Connor, Martin, Andrew, Robbie
Maintainer CCSD
Last Updated May 9, 2026, 10:11 (UTC)
Created May 9, 2026, 10:11 (UTC)
Identifier hal-00871780
Language en
Rights https://about.hal.science/hal-authorisation-v1/
contributor Centre international de Recherches en Economie écologique, Eco-innovation et ingénierie du Développement Soutenable (REEDS) ; Université de Versailles Saint-Quentin-en-Yvelines (UVSQ)
creator O'Connor, Martin
date 2010-01-09T00:00:00
harvest_object_id 5dce2818-09fe-4a33-a7e4-9f997253a402
harvest_source_id 3374d638-d20b-4672-ba96-a23232d55657
harvest_source_title test moissonnage SELUNE
metadata_modified 2023-11-24T00:00:00
set_spec type:UNDEFINED