Page 10 - Discussion Paper: Sustainability Dynamics of Resource Use and Economic Growth
P. 10
Discussion Paper
Figure 9: Policy Testing: Expanding Resource Base
Source: TERI Research
Natural Resource Regeneration Rate = increased to 3% from 2% of new resources. This results into increase in the availability
Initial Stock of Renewable Resource = increased to 2000 of resource stock which also results in an increase in its
trillion kgs from 1000 trillion kgs carrying capacity. Through newer technological innovations/
In this scenario, doubling of the initial resource stock (red developments or by identifying a new potential portfolio of
line in the graph) is taken as the hypothesized case resulting resource for the economic growth, an economy is able to
from either a quantum leap in technology through continuous sustain its economic growth longer as compared to earlier
policy push towards new R&D initiatives or due to discovery policies (Figure 9). However, the ultimate outcome still
10 AUGUST 2015
Figure 9: Policy Testing: Expanding Resource Base
Source: TERI Research
Natural Resource Regeneration Rate = increased to 3% from 2% of new resources. This results into increase in the availability
Initial Stock of Renewable Resource = increased to 2000 of resource stock which also results in an increase in its
trillion kgs from 1000 trillion kgs carrying capacity. Through newer technological innovations/
In this scenario, doubling of the initial resource stock (red developments or by identifying a new potential portfolio of
line in the graph) is taken as the hypothesized case resulting resource for the economic growth, an economy is able to
from either a quantum leap in technology through continuous sustain its economic growth longer as compared to earlier
policy push towards new R&D initiatives or due to discovery policies (Figure 9). However, the ultimate outcome still
10 AUGUST 2015
