Showing 1 - 10 of 87
This paper offers a brief intuitive explanation of the effect of omitting the form of government might have on the turning point in estimated environmental Kuznets curves. Relevant literature on this subject is then surveyed and a preliminary model of pollution control and public goods provision...
Persistent link: https://www.econbiz.de/10005245485
This is motivated by the need to include issues of risk, uncertainty, irreversibility, learning and catastrophe in analyses of climate change, particularly integrated assessment models used to investigate limate change policy.
Persistent link: https://www.econbiz.de/10005245500
This paper considers the case of Bayesian learning about the relationship between the greenhouse-gas level and temperature rise. Learning takes time because of a stochastic shock to the realized global mean temperature. The paper illustrates the difficulty of quickly learning about the...
Persistent link: https://www.econbiz.de/10005245512
A standard assumption in computational models of climate change (integrated assessment models) is that population and technology are growing, but at a decreasing rate. We explore the significance of the assumption of population and technology growth for greenhouse gas control levels.
Persistent link: https://www.econbiz.de/10005245523
This paper illustrates the major issues influencing interaction between environmental regulation and international trade by reviewing the empirical studies and theoretical results of the last 20 years. The second section of the paper discusses how environmental regulation distorts comparative...
Persistent link: https://www.econbiz.de/10005245528
This paper concerns computational models in environmental economics and policy, particularly so-called integrated assessment models. For the most part, such models are simply extensions of standard neoclassical growth models, entended by including the environment and pollution generation.
Persistent link: https://www.econbiz.de/10005245550
Persistent link: https://www.econbiz.de/10005200444
I develop a framework for thinking about some aspects of sustainability. The framework is one for modeling the dynamic interactions of economic and biological systems, studying the time paths that can emerge from these, and then selecting one of these as optimal. I investigate alternative...
Persistent link: https://www.econbiz.de/10005207579
Persistent link: https://www.econbiz.de/10005207593
There is a widespread recognition that we need to revise our methods of measuring national income to incorporate better the impact of economic activity on environmental assets. Our aim here is to investigate alternative concepts of national income in a dynamic economy, one a generalization of...
Persistent link: https://www.econbiz.de/10005207594