Rutger Hoekstra examines the complex relationship between the monetary economy and the materials flows that are extracted and emitted by economic activities. These physical flows are responsible for many important environmental problems such as unsustainable resource depletion, waste production and climate change. This book discusses, applies and improves upon techniques which link the monetary and physical economies for environmental analyses.
This is a first-rate piece of work... Dr Hoekstra's book is the most comprehensive assessment of economic decomposition analysis to date. The author has clarified some confusions, filled in some important gaps in the literature and extended the methods both conceptually and empirically. He has done a most thorough job of constructing hybrid input - output tables and applied them to the important issue of trends in material production use. His use of SDA for forecasting and backcasting of trends and policy making is also very impressive.' - Adam Rose, Pennsylvania State University, US
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