In-use product stocks link manufactured capital to natural capital

Wei‐Qiang Chen1, T. E. Graedel1
1Center for Industrial Ecology, School of Forestry and Environmental Studies, Yale University, New Haven, CT 06511

Tóm tắt

Significance The determination of long-term in-use stocks of manufactured products can complement existing monetary approaches to measuring manufactured capital and helps to explore the linkage between manufactured capital and natural capital in terms of materials transfer. The development of new products, substitution among products, and the historical evolution of in-use product stocks in the United States reveal the increase in variety, improvement in quality, and growth in quantity of US manufactured capital. Because products are produced from materials, and products developed more recently tend to use a greater diversity of materials, this study also reveals that US modern manufactured capital relies on the use of more diverse materials and on the increasing use of materials that originate from natural capital.

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