Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10005453297
Persistent link: https://www.econbiz.de/10005418688
There is a sharp disagreement between mainstream economists and advocates of energy efficiency as regards the potential for “free lunches” or “no regrets” policies to cut greenhouse gas emissions. From an economics perspective, the critical question is whether the economic system is —...
Persistent link: https://www.econbiz.de/10005684279
Economists are increasingly interested in forecasting future costs and benefits of policies for dealing with materials/energy fluxes, polluting emissions and environmental impacts on various scales, from sectoral to global. Computable general equilibrium (CGE) models are currently popular...
Persistent link: https://www.econbiz.de/10005684318
Persistent link: https://www.econbiz.de/10005684329
This paper discusses the need for a new approach to economic growth theory. The standard theory of growth-in-equilibrium driven by exogenous, uncaused, productivity gains has an implication that is both unjustified and perverse from a policy perspective: that government intervention of any kind...
Persistent link: https://www.econbiz.de/10005684379
The buildup of so-called “greenhouse gases” in the atmosphere — CO<Subscript>2</Subscript> in particular-appears to be having an adverse impact on the global climate. This paper briefly reviews current expectations with regard to physical and biological effects, their potential costs to society, and likely costs...</subscript>
Persistent link: https://www.econbiz.de/10005684475
Persistent link: https://www.econbiz.de/10004965827
Persistent link: https://www.econbiz.de/10005188488
In their 1963 classic Scarcity and Growth Howard Barnett and Chandler Morse argued that resource scarcity did not threaten economic growth. A second investigation in the late 1970s, Scarcity and Growth Reconsidered, reached largely the same conclusion. The 25 years since that work was published...
Persistent link: https://www.econbiz.de/10005232935