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Green growth is about making growth resource-efficient, cleaner and more resilient without slowing it. This paper aims … at clarifying this in an analytical framework and proposing foundations for green growth. This framework identifies … channels through which green policies can potentially contribute to economic growth. Finally, the paper discusses the policies …
Persistent link: https://www.econbiz.de/10013110475
Persistent link: https://www.econbiz.de/10001199512
Climate policy is complicated by the considerable compounded uncertainties over the costs and benefits of abatement. We don't even know the probability distributions for future temperatures and impacts, making cost-benefit analysis based on expected values challenging to say the least. There are...
Persistent link: https://www.econbiz.de/10013138396
A two-region model is presented in which an imperfectly competitive firm produces a good with increasing returns at the plant level, and in which shipping costs exist between the two markets. Production of the good causes local pollution, and regional governments can levy pollution taxes or...
Persistent link: https://www.econbiz.de/10013217939
theory and empirical evidence of induced innovation and the related literature on the effects of environmental policy on the … creation of new, environmentally friendly technology; the theory and empirics of environmental issues related to technology …
Persistent link: https://www.econbiz.de/10013233728
Global climate change poses a threat to the well-being of humans and other living things through impacts on ecosystem functioning, biodiversity, capital productivity, and human health. This paper briefly surveys recent research on the economics of climate change, including theoretical insights...
Persistent link: https://www.econbiz.de/10013249385
This article provides an overview of the economics of environmental policy, including the setting of goals and targets, notably the Kaldor-Hicks criterion and the related method of assessment known as benefit-cost analysis. Also reviewed are the means of environmental policy, that is, the choice...
Persistent link: https://www.econbiz.de/10012751750
Persistent link: https://www.econbiz.de/10013313324
Policies to address environmental and natural resource management are often implemented at the group level. The defining feature of such policies is that penalties or rewards are based on group rather than individual performance, or rights are allocated to a group rather than to individuals....
Persistent link: https://www.econbiz.de/10013299172
The purpose of this paper is to introduce the concept of power density [Watts/m2] into economics. By introducing an explicit spatial structure into a simple general equilibrium model we are able to show how the power density of available energy resources determines the extent of energy...
Persistent link: https://www.econbiz.de/10013065797