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In the early 1990s the attention of economists was captured by empirical evidence suggesting that rising income levels in developing countries could be good rather than bad for the environment. This evidence drove a stake into the heart of those opposing growth on environmental grounds....
Persistent link: https://www.econbiz.de/10008553471
Persistent link: https://www.econbiz.de/10005744027
This paper considers two areas of current research related to environmental economics: 1. the use of quasi-experimental or "experimentalist" methods to evaluate the effects of environmental policies; and 2. the implications of the Stern Report on the economic consequences of global climate...
Persistent link: https://www.econbiz.de/10005744028
Persistent link: https://www.econbiz.de/10005564304
This article considers the challenges for efforts to introduce environmental quality into modern macro models. These models describe the economy as a dynamic general equilibrium, often using a representative agent to characterize consumers. Macro models are calibrated using a composite of...
Persistent link: https://www.econbiz.de/10010567270
Lessons from the early literature in environmental economics are used to assess the impact of an early contributor, Ralph C. d'Arge; discuss the prospects for designing incentive-based approaches to encourage private adaptation to climate change; and comment on reforming current practices...
Persistent link: https://www.econbiz.de/10008694411