Integrated mechanistic engineering models and macroeconomic input–output approach to model physical economy for evaluating the impact of transition to a circular economy
Venkata Sai Gargeya Vunnava, Shweta Singh
Abstract
A novel method to standardize and automate material flow/waste mapping in economies by integrating mechanistic engineering models and macroeconomic framework is proposed for identifying pathways to transition towards low carbon/zero waste economy.
Topics & Concepts
Circular economyTransition (genetics)EconomicsFlow (mathematics)Low-carbon economyEconomyBiochemical engineeringComputer scienceEngineeringChemistryEcologyGreenhouse gasMechanicsBiochemistryBiologyGenePhysicsEnvironmental Impact and SustainabilitySustainable Supply Chain ManagementSustainable Industrial Ecology