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description Publicationkeyboard_double_arrow_right Article , Journal 2013Publisher:Elsevier BV Authors: Panos Kalimeris; Kostas Bithas;Abstract The historical issue of natural resources scarcity is revived currently through the empirical investigation into the dependence of modern economy on the inputs of material and energy. The contemporary debate on de-growth and a-growth feeds on the empirical assessments of the relationship between energy-material use and current growth trends. In this context, the present study attempts a re-estimation of the energy-economic growth decoupling effect taking into account the physiology and, hence, the dimensionality that economic goods have. The Energy/GDP per Capita ratio is proposed as an indicator that approximates better than the Energy/GDP ratio the real world properties of production and, therefore, its energy requirements. The resulting estimations of decoupling effect are less “optimistic” than those based on Energy/GDP ratio and prevalent in the relevant contemporary literature.
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You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.energy.2012.11.033&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu66 citations 66 popularity Top 10% influence Top 10% impulse Top 10% Powered by BIP!
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You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
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For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Other literature type 2017Publisher:Springer Science and Business Media LLC Authors: Panos Kalimeris; Kostas Bithas; Kostas Bithas;The present study attempts an empirical evaluation of the dependency of economic growth on mass resources. The distinct role of mass (non-energy) resources in the production process is investigated. We attempt a methodological contribution by delineating an improved approximation of the economy’s ultimate outcome in the evaluation of the resource intensity. Remaining within the monetary realm, the income index is adopted as the appropriate indicator for the ultimate outcome of the economic system and, hence, the material requirements for producing one unit of income determine the actual dependency of the economy on resources. Our empirical analysis focuses on the historical trajectories of the link between mass resources and the economy over approximately the last 100 years, a period of tremendous growth rates and efficiency gains induced by technological progress. Data availability restricts our analysis to the global economy, the USA and Japan. These are two national economies which have experienced technological miracles in the production process, and the re-orientation of their economies toward knowledge-based sectors. Our findings indicate an increasing dependency of the global economy on mass resources throughout the period of available data (1900–2009). The 4.8-fold increase in global income led to a disproportionate 8.5-fold rise in mass flow. The USA and Japan initiated a decoupling trend in the mid 70’s, after the strong coupling period that followed World War II. These estimates question the prevailing vision of “dematerialization” and cast doubts over the efficiency of current resource policies.
BioPhysical Economic... arrow_drop_down BioPhysical Economics and Resource QualityArticle . 2017 . Peer-reviewedLicense: Springer TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1007/s41247-017-0034-z&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu3 citations 3 popularity Top 10% influence Average impulse Average Powered by BIP!
more_vert BioPhysical Economic... arrow_drop_down BioPhysical Economics and Resource QualityArticle . 2017 . Peer-reviewedLicense: Springer TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1007/s41247-017-0034-z&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2014Publisher:Elsevier BV Authors: Clive Richardson; Kostas Bithas; Kostas Bithas; Panos Kalimeris;Abstract The complex relation between energy use and the economic process has long attracted attention. Issues such as the scarcity of energy resources, energy theory of value, degrowth and a-growth approaches are closely related to the relationship between energy and development. The present study traces the implications of the Energy-GDP causality dialogue for the context of the growth-degrowth debate, where the energy-development link plays a decisive role. In that context, the present research investigates the possible existence of a fundamental “macro” direction of causality between energy use and economic growth that is not influenced by study-specific characteristics and events. Towards this objective, we perform a meta-analysis that takes into account 158 studies on causality between energy and GDP, covering the period 1978–2011. This is the first time, to our knowledge, that meta-analysis has been applied to investigate the direction of the energy and GDP causal relationship. The meta-analysis results neither support the existence of a fundamental “macro” direction, nor the so-called “neutrality hypothesis (E ≠ GDP)” in the causal relationship between energy consumption and economic growth.
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You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.jclepro.2013.12.040&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu97 citations 97 popularity Top 10% influence Top 10% impulse Top 1% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.jclepro.2013.12.040&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2016Publisher:Springer Science and Business Media LLC Authors: Panos Kalimeris; Panos Kalimeris; Kostas Bithas; Kostas Bithas;Contemporary empirical studies on the resource intensity of the economic process provide evidence of a gradual de-linking between natural resources use and economic growth. Resource intensity is evaluated through the Domestic Material Consumption/Gross Domestic Product (DMC/GDP) ratio, defined as the material intensity index. Trajectories of this ratio support the optimistic view that economic output is becoming progressively less dependent on resource flows, hence GDP is gradually dematerialized. The present study asserts that the DMC/GDP indicator fails to take into account the biophysical properties of the production process which define the resource requirements of the economy. The present study proposes the “resources required for producing one unit of GDP per Capita (Income)”, as an alternative indicator for evaluating the resource requirements of the economy. The resource requirement, evaluated at the level of income, approximates the human scale of production; goods should embody certain biophysical properties in order to satisfy human needs. The trajectories of DMC/Income index for global growth rejects the vision of a dematerialized growth and the de-linkage of the economy from natural resources.
Social Indicators Re... arrow_drop_down Social Indicators ResearchArticle . 2016 . Peer-reviewedLicense: Springer TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1007/s11205-016-1401-7&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu10 citations 10 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert Social Indicators Re... arrow_drop_down Social Indicators ResearchArticle . 2016 . Peer-reviewedLicense: Springer TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1007/s11205-016-1401-7&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2017Publisher:Wiley Authors: George C. Efthimiou; Panos Kalimeris; Spyros Andronopoulos; John G. Bartzis;doi: 10.1111/jiec.12667
SummaryThe material intensity (MI) of the economy remains among the most widely cited indicators in international statistics and reports, evaluating the efficient use and productivity of natural resources in the economic process. In the context of the contemporary economy‐wide material flow accounting framework, the material intensity of a country is evaluated through the estimation of the ratio of the domestic material consumption (DMC) to the gross domestic product (GDP) index (DMC/GDP). Indeed, the essential contribution of natural resources to the economic process requires the establishment of reliable projections of this intricate relationship to the future. These projections may provide critical information to policy makers and practitioners in order to evaluate the future dynamics of the efficient use of natural resources in the production process. Toward this objective, the present study evaluates and proposes an alternative novel methodology for MI statistical projections, based on the beta distribution, by using a deterministic model for predicting the maximum expected values. The parameters of the deterministic model are calculated from the estimated MI of the global economy. The evaluation of the model is then performed by using MI estimates from 107 individual countries. The agreement between the model and the estimates is very good. The proposed method's merit is its simplicity, as by using two statistics of the material intensity (mean and variance) and an integral time scale, it is feasible to calculate the probabilities of the MI of any country with a high degree of confidence.
Journal of Industria... arrow_drop_down Journal of Industrial EcologyArticle . 2017 . Peer-reviewedLicense: Wiley Online Library User AgreementData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1111/jiec.12667&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu9 citations 9 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert Journal of Industria... arrow_drop_down Journal of Industrial EcologyArticle . 2017 . Peer-reviewedLicense: Wiley Online Library User AgreementData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1111/jiec.12667&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2022Publisher:MDPI AG Authors: Kostas Bithas; Panos Kalimeris;doi: 10.3390/su14031459
With the UN indicating that climate objectives are well off track, the dependency of the economy on resources remains a crucial issue demanding holistic consideration. As a key global sustainability issue, the linkage between resource use and economic growth has long been under heated debate. The increasing amount of resources used for economic growth has elevated environmentalists’ concerns over resource scarcity and environmental impacts, suggesting the existence of coupling between resources and the economy. In contrast, the declining Material Intensity (MI)—resources needed to produce one unit of Gross Domestic Product (GDP)—has led to optimism for many economists and decision makers with far reaching implications for resources and economic policies. Through novel divergence indicators by using long-term datasets, we find that there has been increasing divergence between total and per capita resources use and MI at both the global and the national level. This increasing divergence is due to the faster growth in the total and per capita amount of resources rather than the reduction in the amount of resources per unit of GDP (MI). These divergences indicate underappreciated challenges and opportunities for sustainable economic growth, resource management and implementation of circular economy policies.
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You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su14031459&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 6 citations 6 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su14031459&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2020Publisher:Elsevier BV Peter Nijkamp; Kostas Bithas; Kostas Bithas; Clive Richardson; Panos Kalimeris;Taking GDP as the standard economic indicator for economic welfare, recent Resources-Economy studies indicate the “dematerialization” of the economy, the so-called decoupling effect. This conclusion seems to alleviate concerns over resource scarcity and limits to growth, and feeds optimism for green growth and sustainability prospects. However, the validity of GDP as the sole and unambiguous measure of the ultimate outcome of the economy has been severely disputed. There is nowadays increasing interest in broader welfare measurements that capture more aspects of economic output and hence constitute better approximations of well-being. The present paper provides an overview of the above discussion and sets out to explore the relevance of three alternative welfare indicators – the Human Development Index (HDI), the Index of Sustainable Economic Welfare (ISEW) and the Genuine Progress Indicator (GPI) – as a basis for evaluating the dependency of welfare and its major engine, the economy, on natural resources. Increasing welfare appears to require a disproportionate use of resources. Strong and increasing dependency on resources at the global level and in giant countries such as China and India may have serious implications for current sustainability policies and the United Nations Sustainable Development Goals.
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You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.ecolecon.2019.106508&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu56 citations 56 popularity Top 1% influence Top 10% impulse Top 1% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.ecolecon.2019.106508&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2018Publisher:Elsevier BV Authors: Kostas Bithas; Kostas Bithas; Panos Kalimeris;pmid: 29154052
Interest in investigating the complex link between resources and developments has revived recently following studies which support striking "dematerialized" growth over the last hundred years or so. This so-called decoupling effect is defined as the declining quantity of resources required for producing one unit of GDP. Decoupling studies adopt aggregate GDP as the measure of the outcome of the economy. However, this outcome is contributed by the total population which differs over time and between countries. A valid comparison should use a comparable, standardized indicator that adjusts for population size. GDP per capita, the income index, defines in monetary terms the ultimate outcome of the economy and is adopted by international organizations as the standard index for comparing economies. The income index approximates, in monetary terms, the welfare produced by the economic system and enjoyed by individuals. Recently developed alternative indexes of welfare lack broad data coverage and have limited empirical application as yet. For this reason and for ensuring direct comparison with the standard decoupling estimates, our study remains within the monetary context. The present paper re-evaluates the resources-economy link from the perspective of "the resources required for the production of one unit of GDP per capita (Income)" and hence evaluates the efficiency of turning resources into the actual outcome of the economic system. Our estimates suggest that the dependence of global economic growth on natural resources has increased by over 60% in the last 110years (1900-2009), contrasting with the prevailing decoupling estimates which suggest a reduction by 63%. We find that the actual decoupling, which began in the mid-1970s in post-industrial economies, is counterbalanced by the intensified resource intensity of several developing economies. Accordingly, in the pursuit of sustainability, the dematerialization target needs to be more clearly incorporated into environmental policies and pervade contemporary economic thinking.
The Science of The T... arrow_drop_down The Science of The Total EnvironmentArticle . 2018 . Peer-reviewedLicense: Elsevier TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.scitotenv.2017.11.061&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu68 citations 68 popularity Top 1% influence Top 10% impulse Top 1% Powered by BIP!
more_vert The Science of The T... arrow_drop_down The Science of The Total EnvironmentArticle . 2018 . Peer-reviewedLicense: Elsevier TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.scitotenv.2017.11.061&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2020Publisher:Wiley Authors: Kostas Bithas; Panos Kalimeris; Eleni Koilakou;doi: 10.1002/sd.2158
AbstractThe link between energy and economic growth is re‐evaluated by estimating the energy requirements for creating one unit of “GDP per capita.” GDP per capita is widely used as the proxy monetary index for evaluating the economic utility enjoyed by individuals, at least at the macroeconomic level. Hence, the energy/[GDP per capita] ratio measures overall energy intensity across the economic system, comparing actual inputs (energy flows) with the final outcome (utility for human beings). Contrary to the prevailing energy intensity framework which evaluates the energy flows for creating one unit of GDP, we take into account population size which is an indispensable factor in determining the outcome of the economy. We re‐estimate EI for representative developed and developing countries by applying the energy/[GDP per capita] index. Our estimates suggest a coupling link for the global economy overall, as decoupling in the advanced economies in recent years has been outweighed by the coupling trend prevailing in the developing world. The findings question prevailing opinion based on the trajectories of energy/GDP and suggest a decoupling between energy and growth over the last 100 years for the majority of national economies and the global economy. Our estimates cast doubts on the prospects of sustainable development unless novel, innovative, and efficient energy policies are designed.
Sustainable Developm... arrow_drop_down Sustainable DevelopmentArticle . 2020 . Peer-reviewedLicense: Wiley Online Library User AgreementData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
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For further information contact us at helpdesk@openaire.eu8 citations 8 popularity Top 10% influence Average impulse Average Powered by BIP!
more_vert Sustainable Developm... arrow_drop_down Sustainable DevelopmentArticle . 2020 . Peer-reviewedLicense: Wiley Online Library User AgreementData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
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description Publicationkeyboard_double_arrow_right Article , Journal 2013Publisher:Elsevier BV Authors: Panos Kalimeris; Kostas Bithas;Abstract The historical issue of natural resources scarcity is revived currently through the empirical investigation into the dependence of modern economy on the inputs of material and energy. The contemporary debate on de-growth and a-growth feeds on the empirical assessments of the relationship between energy-material use and current growth trends. In this context, the present study attempts a re-estimation of the energy-economic growth decoupling effect taking into account the physiology and, hence, the dimensionality that economic goods have. The Energy/GDP per Capita ratio is proposed as an indicator that approximates better than the Energy/GDP ratio the real world properties of production and, therefore, its energy requirements. The resulting estimations of decoupling effect are less “optimistic” than those based on Energy/GDP ratio and prevalent in the relevant contemporary literature.
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You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.energy.2012.11.033&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu66 citations 66 popularity Top 10% influence Top 10% impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.energy.2012.11.033&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Other literature type 2017Publisher:Springer Science and Business Media LLC Authors: Panos Kalimeris; Kostas Bithas; Kostas Bithas;The present study attempts an empirical evaluation of the dependency of economic growth on mass resources. The distinct role of mass (non-energy) resources in the production process is investigated. We attempt a methodological contribution by delineating an improved approximation of the economy’s ultimate outcome in the evaluation of the resource intensity. Remaining within the monetary realm, the income index is adopted as the appropriate indicator for the ultimate outcome of the economic system and, hence, the material requirements for producing one unit of income determine the actual dependency of the economy on resources. Our empirical analysis focuses on the historical trajectories of the link between mass resources and the economy over approximately the last 100 years, a period of tremendous growth rates and efficiency gains induced by technological progress. Data availability restricts our analysis to the global economy, the USA and Japan. These are two national economies which have experienced technological miracles in the production process, and the re-orientation of their economies toward knowledge-based sectors. Our findings indicate an increasing dependency of the global economy on mass resources throughout the period of available data (1900–2009). The 4.8-fold increase in global income led to a disproportionate 8.5-fold rise in mass flow. The USA and Japan initiated a decoupling trend in the mid 70’s, after the strong coupling period that followed World War II. These estimates question the prevailing vision of “dematerialization” and cast doubts over the efficiency of current resource policies.
BioPhysical Economic... arrow_drop_down BioPhysical Economics and Resource QualityArticle . 2017 . Peer-reviewedLicense: Springer TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1007/s41247-017-0034-z&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu3 citations 3 popularity Top 10% influence Average impulse Average Powered by BIP!
more_vert BioPhysical Economic... arrow_drop_down BioPhysical Economics and Resource QualityArticle . 2017 . Peer-reviewedLicense: Springer TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1007/s41247-017-0034-z&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2014Publisher:Elsevier BV Authors: Clive Richardson; Kostas Bithas; Kostas Bithas; Panos Kalimeris;Abstract The complex relation between energy use and the economic process has long attracted attention. Issues such as the scarcity of energy resources, energy theory of value, degrowth and a-growth approaches are closely related to the relationship between energy and development. The present study traces the implications of the Energy-GDP causality dialogue for the context of the growth-degrowth debate, where the energy-development link plays a decisive role. In that context, the present research investigates the possible existence of a fundamental “macro” direction of causality between energy use and economic growth that is not influenced by study-specific characteristics and events. Towards this objective, we perform a meta-analysis that takes into account 158 studies on causality between energy and GDP, covering the period 1978–2011. This is the first time, to our knowledge, that meta-analysis has been applied to investigate the direction of the energy and GDP causal relationship. The meta-analysis results neither support the existence of a fundamental “macro” direction, nor the so-called “neutrality hypothesis (E ≠ GDP)” in the causal relationship between energy consumption and economic growth.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.jclepro.2013.12.040&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu97 citations 97 popularity Top 10% influence Top 10% impulse Top 1% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.jclepro.2013.12.040&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2016Publisher:Springer Science and Business Media LLC Authors: Panos Kalimeris; Panos Kalimeris; Kostas Bithas; Kostas Bithas;Contemporary empirical studies on the resource intensity of the economic process provide evidence of a gradual de-linking between natural resources use and economic growth. Resource intensity is evaluated through the Domestic Material Consumption/Gross Domestic Product (DMC/GDP) ratio, defined as the material intensity index. Trajectories of this ratio support the optimistic view that economic output is becoming progressively less dependent on resource flows, hence GDP is gradually dematerialized. The present study asserts that the DMC/GDP indicator fails to take into account the biophysical properties of the production process which define the resource requirements of the economy. The present study proposes the “resources required for producing one unit of GDP per Capita (Income)”, as an alternative indicator for evaluating the resource requirements of the economy. The resource requirement, evaluated at the level of income, approximates the human scale of production; goods should embody certain biophysical properties in order to satisfy human needs. The trajectories of DMC/Income index for global growth rejects the vision of a dematerialized growth and the de-linkage of the economy from natural resources.
Social Indicators Re... arrow_drop_down Social Indicators ResearchArticle . 2016 . Peer-reviewedLicense: Springer TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1007/s11205-016-1401-7&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu10 citations 10 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert Social Indicators Re... arrow_drop_down Social Indicators ResearchArticle . 2016 . Peer-reviewedLicense: Springer TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1007/s11205-016-1401-7&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2017Publisher:Wiley Authors: George C. Efthimiou; Panos Kalimeris; Spyros Andronopoulos; John G. Bartzis;doi: 10.1111/jiec.12667
SummaryThe material intensity (MI) of the economy remains among the most widely cited indicators in international statistics and reports, evaluating the efficient use and productivity of natural resources in the economic process. In the context of the contemporary economy‐wide material flow accounting framework, the material intensity of a country is evaluated through the estimation of the ratio of the domestic material consumption (DMC) to the gross domestic product (GDP) index (DMC/GDP). Indeed, the essential contribution of natural resources to the economic process requires the establishment of reliable projections of this intricate relationship to the future. These projections may provide critical information to policy makers and practitioners in order to evaluate the future dynamics of the efficient use of natural resources in the production process. Toward this objective, the present study evaluates and proposes an alternative novel methodology for MI statistical projections, based on the beta distribution, by using a deterministic model for predicting the maximum expected values. The parameters of the deterministic model are calculated from the estimated MI of the global economy. The evaluation of the model is then performed by using MI estimates from 107 individual countries. The agreement between the model and the estimates is very good. The proposed method's merit is its simplicity, as by using two statistics of the material intensity (mean and variance) and an integral time scale, it is feasible to calculate the probabilities of the MI of any country with a high degree of confidence.
Journal of Industria... arrow_drop_down Journal of Industrial EcologyArticle . 2017 . Peer-reviewedLicense: Wiley Online Library User AgreementData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1111/jiec.12667&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu9 citations 9 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert Journal of Industria... arrow_drop_down Journal of Industrial EcologyArticle . 2017 . Peer-reviewedLicense: Wiley Online Library User AgreementData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1111/jiec.12667&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2022Publisher:MDPI AG Authors: Kostas Bithas; Panos Kalimeris;doi: 10.3390/su14031459
With the UN indicating that climate objectives are well off track, the dependency of the economy on resources remains a crucial issue demanding holistic consideration. As a key global sustainability issue, the linkage between resource use and economic growth has long been under heated debate. The increasing amount of resources used for economic growth has elevated environmentalists’ concerns over resource scarcity and environmental impacts, suggesting the existence of coupling between resources and the economy. In contrast, the declining Material Intensity (MI)—resources needed to produce one unit of Gross Domestic Product (GDP)—has led to optimism for many economists and decision makers with far reaching implications for resources and economic policies. Through novel divergence indicators by using long-term datasets, we find that there has been increasing divergence between total and per capita resources use and MI at both the global and the national level. This increasing divergence is due to the faster growth in the total and per capita amount of resources rather than the reduction in the amount of resources per unit of GDP (MI). These divergences indicate underappreciated challenges and opportunities for sustainable economic growth, resource management and implementation of circular economy policies.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su14031459&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess Routesgold 6 citations 6 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.3390/su14031459&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2020Publisher:Elsevier BV Peter Nijkamp; Kostas Bithas; Kostas Bithas; Clive Richardson; Panos Kalimeris;Taking GDP as the standard economic indicator for economic welfare, recent Resources-Economy studies indicate the “dematerialization” of the economy, the so-called decoupling effect. This conclusion seems to alleviate concerns over resource scarcity and limits to growth, and feeds optimism for green growth and sustainability prospects. However, the validity of GDP as the sole and unambiguous measure of the ultimate outcome of the economy has been severely disputed. There is nowadays increasing interest in broader welfare measurements that capture more aspects of economic output and hence constitute better approximations of well-being. The present paper provides an overview of the above discussion and sets out to explore the relevance of three alternative welfare indicators – the Human Development Index (HDI), the Index of Sustainable Economic Welfare (ISEW) and the Genuine Progress Indicator (GPI) – as a basis for evaluating the dependency of welfare and its major engine, the economy, on natural resources. Increasing welfare appears to require a disproportionate use of resources. Strong and increasing dependency on resources at the global level and in giant countries such as China and India may have serious implications for current sustainability policies and the United Nations Sustainable Development Goals.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.ecolecon.2019.106508&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu56 citations 56 popularity Top 1% influence Top 10% impulse Top 1% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.ecolecon.2019.106508&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2018Publisher:Elsevier BV Authors: Kostas Bithas; Kostas Bithas; Panos Kalimeris;pmid: 29154052
Interest in investigating the complex link between resources and developments has revived recently following studies which support striking "dematerialized" growth over the last hundred years or so. This so-called decoupling effect is defined as the declining quantity of resources required for producing one unit of GDP. Decoupling studies adopt aggregate GDP as the measure of the outcome of the economy. However, this outcome is contributed by the total population which differs over time and between countries. A valid comparison should use a comparable, standardized indicator that adjusts for population size. GDP per capita, the income index, defines in monetary terms the ultimate outcome of the economy and is adopted by international organizations as the standard index for comparing economies. The income index approximates, in monetary terms, the welfare produced by the economic system and enjoyed by individuals. Recently developed alternative indexes of welfare lack broad data coverage and have limited empirical application as yet. For this reason and for ensuring direct comparison with the standard decoupling estimates, our study remains within the monetary context. The present paper re-evaluates the resources-economy link from the perspective of "the resources required for the production of one unit of GDP per capita (Income)" and hence evaluates the efficiency of turning resources into the actual outcome of the economic system. Our estimates suggest that the dependence of global economic growth on natural resources has increased by over 60% in the last 110years (1900-2009), contrasting with the prevailing decoupling estimates which suggest a reduction by 63%. We find that the actual decoupling, which began in the mid-1970s in post-industrial economies, is counterbalanced by the intensified resource intensity of several developing economies. Accordingly, in the pursuit of sustainability, the dematerialization target needs to be more clearly incorporated into environmental policies and pervade contemporary economic thinking.
The Science of The T... arrow_drop_down The Science of The Total EnvironmentArticle . 2018 . Peer-reviewedLicense: Elsevier TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.scitotenv.2017.11.061&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu68 citations 68 popularity Top 1% influence Top 10% impulse Top 1% Powered by BIP!
more_vert The Science of The T... arrow_drop_down The Science of The Total EnvironmentArticle . 2018 . Peer-reviewedLicense: Elsevier TDMData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.scitotenv.2017.11.061&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2020Publisher:Wiley Authors: Kostas Bithas; Panos Kalimeris; Eleni Koilakou;doi: 10.1002/sd.2158
AbstractThe link between energy and economic growth is re‐evaluated by estimating the energy requirements for creating one unit of “GDP per capita.” GDP per capita is widely used as the proxy monetary index for evaluating the economic utility enjoyed by individuals, at least at the macroeconomic level. Hence, the energy/[GDP per capita] ratio measures overall energy intensity across the economic system, comparing actual inputs (energy flows) with the final outcome (utility for human beings). Contrary to the prevailing energy intensity framework which evaluates the energy flows for creating one unit of GDP, we take into account population size which is an indispensable factor in determining the outcome of the economy. We re‐estimate EI for representative developed and developing countries by applying the energy/[GDP per capita] index. Our estimates suggest a coupling link for the global economy overall, as decoupling in the advanced economies in recent years has been outweighed by the coupling trend prevailing in the developing world. The findings question prevailing opinion based on the trajectories of energy/GDP and suggest a decoupling between energy and growth over the last 100 years for the majority of national economies and the global economy. Our estimates cast doubts on the prospects of sustainable development unless novel, innovative, and efficient energy policies are designed.
Sustainable Developm... arrow_drop_down Sustainable DevelopmentArticle . 2020 . Peer-reviewedLicense: Wiley Online Library User AgreementData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1002/sd.2158&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu8 citations 8 popularity Top 10% influence Average impulse Average Powered by BIP!
more_vert Sustainable Developm... arrow_drop_down Sustainable DevelopmentArticle . 2020 . Peer-reviewedLicense: Wiley Online Library User AgreementData sources: Crossrefadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1002/sd.2158&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu