Title :
Notice of Retraction
Economic Analysis on the Causes of Resources Exhaustian
Author_Institution :
Sch. of Econ., Beijing Wuzi Univ., Beijing, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
From the economic perspective, the major cause of resource exhaustion is the perfect elasticity of substitution of natural and man-made capital theory and positive discount rate policy. Based on the “economic man” hypothesis, this policy implements effective distribution of resource, but it also departs from sustainable development for its ignorance of inter-generation equity. In order to realize sustainable exploitation of recourses, we should stick to sustainable development as our principle, which could benefit protection and exploitation of natural resources.
Keywords :
economics; environmental factors; natural resources; economic analysis; economic man hypothesis; intergeneration equity; man-made capital theory; natural capital theory; natural resources; perfect elasticity; positive discount rate policy; recourse exploitation; resource distribution; resource exhaustion; sustainable development; Biological system modeling; Economic indicators; Elasticity; Mineral resources; Production; Sustainable development; economic man hypothesis; positive discount rate; sustainable development;
Conference_Titel :
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-0-7695-3997-3
DOI :
10.1109/ICEE.2010.1289
