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9780190121143

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The work represents a substantial and masterful contribution to scholarship within the field of economics and sustainability, economic, social and environmental, as well as modeling, theory and empirical nature of various aspects. Its scope of work is impressive, its depth of knowledge is clear, and its ability to take the concepts from ideas to practical illustrations of analytics and empirics is superb. It makes a substantial contribution to economics by highlighting scarcity of natural resources and limit to economic growth because of the entropy law. Most conclusions are based on econometric/ statistical analysis of cross-country and inter-state Indian data. Literacy style is lucid and the chapters are well structured.

It makes a substantial contribution to economics by highlighting scarcity of natural resources and limit to economic growth because of the entropy law. Most conclusions are based on econometric/ statistical analysis of cross-country and inter-state Indian data. Literacy style is lucid and the chapters are well structured. The work represents a substantial and masterful contribution to scholarship within the field of economics and sustainability, economic, social and environmental, as well as modeling, theory and empirical nature of various aspects. Its scope of work is impressive, its depth of knowledge is clear, and its ability to take the concepts from ideas to practical illustrations of analytics and empirics is superb.

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Ramprasad Sengupta is emeritus professor of economics at the Centre for Economic Studies and Planning at the School of Social Sciences, Jawaharlal Nehru University (JNU), New Delhi.

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