Macroeconomic Analysis of Environmental Policy
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Macroeconomic Analysis of Environmental Policy: (v.2 Developments in Environmental Economics)

Macroeconomic Analysis of Environmental Policy: (v.2 Developments in Environmental Economics)


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About the Book

The field of environmental economics has been developing quickly over the last few decades. Although environmental awareness is increasing day-by-day, and improvements in environmental policy are taking place, it will take a long time to solve these problems in a satisfying way. The book deals with both the theory of environmental economics and a number of empirical applications of it. It analyzes the causes and possible solutions for environmental problems, and looks at the possible future development of the economy. The text also focuses on global warming and climatic change, as well as presenting an optimization study of the economic aspects of transboundary air pollution in Europe. This volume should be of interest to environmental scientists worldwide, aiming to contribute to a better understanding of the economic-environmental interactions and stimulate an active environmental policy.

Table of Contents:
Part 1 Economics and environment: economic and environmental interactions; main environmental problems; background of environmental problems - population growth, economic growth and technology; environmental studies; a stock-flow model of economic ecological interactions; measuring economic activity, income and changes in wealth; solutions of environmental problems; economic decision-making; the need for political decision-making; economic environment analysis; aim of the study; a stock-flow model for economic environmental analysis. Part 2 Economic theory of the environment: optimal allocation of production factors; the market mechanism and Pareto optimality; the failure of the market mechanism - external effects; Pareto optimality and external effects; the impact of an emission tax; intergenerational trade offs; international aspects; instruments of environmental policy; the impact of new technology; optimal policy mix and conflicting objectives; environmental benefits. Part 3 The economic impact of environmental policy: emission taxes versus direct regulation; tradeable pollution rights; pollution prevention pays; emission reduction by energy conservation and renewable energy; recycling and deposit systems; changes in the production and consumption pattern; environmental quality indicators; the impact of analysis of environmental policy in an empirical model. Part 4 A sectoral model for environmental policy analysis: input-output models; block I production; block II expenditures and imports; block III prices and wages; block IV the labour market and production capacity; block V government and social security; block VI incomes; block VII monetary aspects; block VIII environment and energy; model applications; technical and expenditure co-efficients of MEPA. Part 5 Model application - global warming and carbon dioxide emissions: global warming; the base case; sensitivity analysis; policy measures for CO2 emission reduction. Part 6 Economics of transboundary air pollution in Europe: optimal abatement strategies; structure of the optimization model; reference projection; full co-operation - abatement and damage cost minimization; the critical loads approach; a differentiated critical loads approach; an example of coalition; receptor-emittor matrix for SO2. Part 7 Conclusions: the theory of environmental economics; environmental policy instruments; economic environmental modelling; on global warming and carbon dioxide emission reduction; on acidification in Europe; on the scope of this study.


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Product Details
  • ISBN-13: 9780444899989
  • Publisher: Elsevier Science & Technology
  • Publisher Imprint: Elsevier Science Ltd
  • Height: 230 mm
  • ISBN-10: 0444899987
  • Publisher Date: 23 Mar 1993
  • Binding: Hardback
  • Series Title: v.2 Developments in Environmental Economics


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Macroeconomic Analysis of Environmental Policy: (v.2 Developments in Environmental Economics)
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Macroeconomic Analysis of Environmental Policy: (v.2 Developments in Environmental Economics)
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