Models of Economic Growth with Environmental Assets

Models of Economic Growth with Environmental Assets PDF

Author: A. Beltratti

Publisher: Springer Science & Business Media

Published: 1996-09-30

Total Pages: 142

ISBN-13: 9780792340324

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This book considers the implications of models of economic growth for the debate on sustainability. The interplay between economic and ecological systems is analyzed, also taking into account issues of equity and risk. The main part of the book concentrates on sustainability in the light of an analytical framework. The book will be of particular interest both to researchers in economics and to experts in natural sciences who want to understand the most relevant economic points.

Economic Growth and Environmental Policy

Economic Growth and Environmental Policy PDF

Author: Frank Hettich

Publisher: Edward Elgar Publishing

Published: 2000-01-01

Total Pages: 296

ISBN-13: 9781781959992

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This book should interest all students and scholars of environmental economics and particularly those interested in the relationship between economic growth and environmental quality.

Short Term Analysis of Economic Growth Models with Environmental Issues

Short Term Analysis of Economic Growth Models with Environmental Issues PDF

Author: Nico Vellinga

Publisher:

Published: 1999

Total Pages: 320

ISBN-13:

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The author shows that a cleaner environment does not necessarily lead to a lowering of the economic growth rate. The precise conditions under which the short-term growth rate can increase are determined. In another chapter, the costs are assessed that give insight into the way people suffer in the short term when resources are set aside for cleaning-up activities. Whenever a government strives for a cleaner environment its actions may be hampered by the political decision-making process in that it cannot employ its instruments to the fullest extent. The consequences of this for the economic subjects are determined. The gains from cooperation are determined in an international setting where pollution affects more countries. Situations are identified where the benefits of cooperation are negligible or substantial, and, therefore, the need for cooperation will be accordingly low or high. The book ends with a critical discussion about the usefulness of our concept of national income as a measure of welfare and a measure of sustainability.

Economic Growth and the Environment

Economic Growth and the Environment PDF

Author: Clas Eriksson

Publisher: Oxford University Press, USA

Published: 2013-04-25

Total Pages: 234

ISBN-13: 0199663890

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How can we reconcile economic growth with the need to protect the natural environment? Will scarcity of natural resources eventually force economic growth to cease? This book introduces key models and shows how modern growth theory can be used to shed light on the relation between economic growth, natural resources, and the environment.

Models of Economic Growth with Environmental Assets

Models of Economic Growth with Environmental Assets PDF

Author: A. Beltratti

Publisher: Springer Science & Business Media

Published: 2013-03-09

Total Pages: 142

ISBN-13: 9401723028

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The connection between economic growth and the quality of the environment is a popular subject. Since the second half of the 1980s, there has been an increasingly frequent use of the term "sustainable development", to refer to the preoccupation that the production of goods and services may decrease standards of living. It is natural to analyze this question from the point of view of economic models, which may be helpful in at least identifying the main factors behind such preoccupations and perhaps in suggesting policy measures. Indeed, models are useful to discuss some relevant factors, like the structure of production of the economy, the type of preferences and goals pursued by agents, and the elements of uncertainty. This monograph will consider some of these themes: there will be a study of the analytical framework which can be used for the purpose of defining and analyzing sustainability, and some discussion of how to calibrate a restricted version of the model to empirical data. There will be also some analysis about which type of uncertainty should be incorporated into the model, and which objective functions may be useful for policy purposes. Also, there will be discussions about the key variables which should be included, and some description of a general framework.

Optimal Economic Growth with Exhaustible Resources

Optimal Economic Growth with Exhaustible Resources PDF

Author: Prem C. Garg

Publisher: Routledge

Published: 2017-10-17

Total Pages: 93

ISBN-13: 1351593625

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Originally published in 1979. For decades conservationists have argued that increasing population will eventually out-strip the limited natural resources of the earth. Economists have responded by saying that any resource scarcity will be forestalled by changes in tastes and technology, induced by the appropriate price signals. This study is an attempt to develop a theoretical framework for analysing some of the issues related to this debate. Using an optimal growth theory framework, the author analyses the problem of optimally allocating a finite stock of the resource over time. In the process the author points out the crucial parameters and value judgments relevant to the various issues. This title will be of interest to students of environmental economics.

The Global Environment, Natural Resources, and Economic Growth

The Global Environment, Natural Resources, and Economic Growth PDF

Author: Alfred Greiner

Publisher: Oxford University Press

Published: 2008-07-25

Total Pages: 224

ISBN-13: 0190450045

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Recently, the public attention has turned toward the intricate interrelation between economic growth and global warming. This book focuses on this nexus but broadens the framework to study the issue. Growth is seen as global growth, which affects the global environment and climate change. Global growth, in particular high economic growth rates, imply a fast depletion of renewable and non-renewable resources. Thus this book deals with the impact of the environment and the effect of the exhaustive use of natural resources on economic growth and welfare of market economies as well as the reverse linkage. It is arranged in three parts: Part I of the book discusses the environment and growth. There, Greiner and Semmler incorporate the role of environmental pollution into modern endogenous growth models and use recently developed dynamic methods and techniques to derive appropriate abatement activities that policymakers can institute. Part II looks at global climate change using these same growth models. Here, too, the authors provide direct and transparent policy implications. More specifically, the authors favour tax measures, such as a carbon tax, over emission trading as instruments of mitigation policies. Part III evaluates the use and overuse of renewable and non-renewable resources in the context of a variety of dynamic models. They, in particular, consider the cases when resources interact as an ecological system and analyze issues of ownership of resources as well as policy measures to avoid the overuse of resources. In addition, not only intertemporal resource allocation but also the eminent issues relating to intertemporal inequities, as well as policy measures to overcome them, are discussed in each part of the book.

Green Growth and Sustainable Development

Green Growth and Sustainable Development PDF

Author: Jesús Crespo Cuaresma

Publisher: Springer Science & Business Media

Published: 2012-12-21

Total Pages: 239

ISBN-13: 3642343546

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The book examines problems associated with green growth and sustainable development on the basis of recent contributions in economics, natural sciences and applied mathematics, especially optimal control theory. Its main topics include pollution, biodiversity, exhaustible resources and climate change. The integrating framework of the book is dynamic systems theory which offers a common basis for multidisciplinatory research and mathematical tools for solving complicated models, leading to new insights in environmental issues. ​

Scarcity and Growth Revisited

Scarcity and Growth Revisited PDF

Author: R. David Professor Simpson

Publisher: Routledge

Published: 2012-05-23

Total Pages: 306

ISBN-13: 113652472X

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In this volume, a group of distinguished international scholars provides a fresh investigation of the most fundamental issues involved in our dependence on natural resources. In Scarcity and Growth (RFF, 1963) and Scarcity and Growth Reconsidered (RFF, 1979), researchers considered the long-term implications of resource scarcity for economic growth and human well-being. Scarcity and Growth Revisited examines these implications with 25 years of new learning and experience. It finds that concerns about resource scarcity have changed in essential ways. In contrast with the earlier preoccupation with the adequacy of fuel, mineral, and agricultural resources and the efficiency by which they are allocated, the greatest concern today is about the Earth‘s limited capacity to handle the environmental consequences of resource extraction and use. Opinion among scholars is divided on the ability of technological innovation to ameliorate this 'new scarcity.' However, even the book‘s more optimistic authors agree that the problems will not be successfully overcome without significant advances in the legal, financial, and other social institutions that protect the environment and support technical innovation. Scarcity and Growth Revisited incorporates expert perspectives from the physical and life sciences, as well as economics. It includes issues confronting the developing world as well as industrialized societies. The book begins with a review of the debate about scarcity and economic growth and a review of current assessments of natural resource availability and consumption. The twelve chapters that follow provide an accessible, lively, and authoritative update to an enduring-but changing-debate.