Document Type

Article

Journal/Book Title/Conference

Economics Research Institute Study Paper

Volume

24

Publisher

Utah State University Department of Economics

Publication Date

1999

First Page

1

Last Page

15

Abstract

Ecologists and economists are increasingly in agreement that ecological and economic systems are linked and that these systems should actually be viewed as one system. Perhaps because this recognition has been very recent, neither ecologists nor economists have studied the short term behavior of jointly determined ecological-economic systems that are subject to perturbations stemming from natural events and the continuance of economic activities. Consequently, the purpose of this paper is to construct a metric that can be used to quantify the transient response of ecological-economic systems to perturbations. This metric is a non-asymptotic measure of an ecological-economic system's resilience.


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