Nature Communications (Mar 2019)

Over-exploitation of natural resources is followed by inevitable declines in economic growth and discount rate

  • Adam Lampert

DOI
https://doi.org/10.1038/s41467-019-09246-2
Journal volume & issue
Vol. 10, no. 1
pp. 1 – 10

Abstract

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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 rate.