Economic growth and the environment : an introduction to the theory / Clas Eriksson.
How can we reconcile economic growth with the need to protect the natural environment? Will scarcity of natural resources eventually force economic growth to cease? This book introduces key models and shows how modern growth theory can be used to shed light on the relation between economic growth, n...
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| Main Author: | |
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| Format: | Book |
| Language: | English |
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Oxford :
Oxford University Press,
2013.
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| Edition: | 1st ed. |
| Subjects: |
MARC
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| 100 | 1 | |a Eriksson, Clas. |0 http://id.loc.gov/authorities/names/nr98007920. | |
| 245 | 1 | 0 | |a Economic growth and the environment : |b an introduction to the theory / |c Clas Eriksson. |
| 250 | |a 1st ed. | ||
| 260 | |a Oxford : |b Oxford University Press, |c 2013. | ||
| 300 | |a xvi, 217 pages : |b illustrations ; |c 24 cm. | ||
| 336 | |a text |b txt |2 rdacontent. | ||
| 337 | |a unmediated |b n |2 rdamedia. | ||
| 338 | |a volume |b nc |2 rdacarrier. | ||
| 504 | |a Includes bibliographical references (pages [211]-214) and index. | ||
| 505 | 0 | |a Machine generated contents note: 1.Introduction -- 1.1.The Fundamental Question: Is Sustainability Feasible? -- 1.2.Why growth? -- 1.3.Delimitations -- 1.4.Disposition -- 1.4.1.Part I: Tools -- 1.4.2.Part II: Natural resources -- 1.4.3.Part III: Pollution -- pt. I TOOLS -- 2.Production -- 2.1.Production function -- 2.1.1.Inputs -- 2.1.2.Neo-classical assumptions -- 2.2.Variables in intensity form -- 2.2.1.Per capita variables -- 2.2.2.Per unit of effective labor -- 2.2.3.The capital-output ratio -- 2.3.The elasticity of substitution -- 2.4.Income shares (output elasticities) -- 2.4.1.Kaldor facts -- 2.4.2.Defining income shares -- 2.4.3.Income shares and output growth -- 2.4.4.Some implications -- 2.5.The CES function -- 2.5.1.Income shares -- 2.5.2.Intensity form -- 2.6.Conclusion -- 2.7.Exercises -- 3.The Solow model -- 3.1.Capital accumulation -- 3.2.Solow's fundamental equation -- 3.2.1.Deriving the equation -- 3.2.2.Some implications -- 3.3.Steady state -- | |
| 505 | 0 | |a Contents note continued: 3.3.1.Without technological change -- 3.3.2.With technological change -- 3.3.3.The Golden Rule -- 3.4.Transition to steady state -- 3.4.1.Without technological change -- 3.4.2.With technological change -- 3.5.Endogenous growth -- 3.6.The CES case -- 3.7.An alternative solution method -- 3.8.Conclusion -- 3.9.Exercises -- 4.Endogenous technological change -- 4.1.Some properties of technology -- 4.2.The extended model -- 4.2.1.The research sector -- 4.2.2.The full model -- 4.3.Four cases -- 4.3.1.Endogenous growth (Romer) -- 4.3.2.Semi-endogenous growth (Jones) -- 4.3.3.Weak limits to growth -- 4.3.4.Absolute limits to growth -- 4.4.Directed technological change -- 4.5.Steady state direction (optional) -- 4.5.1.Step 1 -- 4.5.2.Step 2 -- 4.6.Conclusion -- 4.7.Exercises -- pt. II NATURAL RESOURCES -- 5.Land -- 5.1.The production factor land -- 5.2.The general model -- 5.2.1.Direction of technological change -- 5.2.2.Implications -- | |
| 505 | 0 | |a Contents note continued: 5.3.Transitional dynamics -- 5.4.The CES case -- 5.5.A Cobb--Douglas case -- 5.6.Variable population growth -- 5.6.1.Exogenous population growth -- 5.6.2.Endogenous population growth -- 5.7.Conclusion -- 5.8.Exercises -- 5.9.Appendix -- 5.9.1.Balanced direction -- 5.9.2.Output growth -- 6.Exhaustible resources -- 6.1.The energy constraint -- 6.2.The general case -- 6.2.1.Direction of technological change -- 6.2.2.Implications -- 6.2.3.Transitional dynamics -- 6.3.Energy in the CES function -- 6.3.1.Balanced growth -- 6.3.2.Non-balanced growth -- 6.4.A Cobb--Douglas case -- 6.4.1.With technological progress -- 6.4.2.Without technological progress -- 6.5.Transition to renewable energy -- 6.5.1.Firm optimization -- 6.5.2.The full growth model -- 6.5.3.Long-run growth -- 6.5.4.Long-run energy paths -- 6.6.The resource curse -- 6.6.1.Negative and positive experiences of natural resources -- 6.6.2.Explanations of the natural resource curse -- | |
| 505 | 0 | |a Contents note continued: 6.6.3.Summary on the resource curse -- 6.7.Conclusion -- 6.8.Exercises -- 6.9.Appendix -- 6.9.1.Balanced direction -- 6.9.2.Output growth -- 6.9.3.Integrating the resource constraint -- 6.9.4.Time derivative of E -- 6.9.5.Growth rates of N and R -- pt. III POLLUTION -- 7.Pollution reduction by abatement -- 7.1.Scale, composition, and technology effects -- 7.2.Stock pollution -- 7.3.Production, pollution, and abatement -- 7.3.1.Specific Form I -- 7.3.2.Specific Form II -- 7.3.3.Specific Form III -- 7.4.The growth model -- 7.5.Abatement share -- 7.6.Environmental policy -- 7.7.Conclusion -- 7.8.Exercises -- 8.Pollution reduction by directed technological charge -- 8.1.A model with environmental technology -- 8.1.1.Output and growth -- 8.1.2.Pollution -- 8.1.3.The simplest case -- 8.2.Cobb--Douglas -- 8.3.CES -- 8.4.Phasing out a polluting input -- 8.4.1.Recollection of the model -- 8.4.2.Good substitution possibilities -- | |
| 505 | 0 | |a Contents note continued: 8.4.3.Bad substitution possibilities -- 8.5.Conclusion -- 8.6.Exercises -- 9.Utility maximization -- 9.1.A general model -- 9.1.1.The model -- 9.1.2.Optimal time path of pollution -- 9.2.A special case -- 9.2.1.Using the formula -- 9.2.2.Using the utility-maximization condition -- 9.3.The Stokey model -- 9.3.1.Consumption and pollution -- 9.3.2.Utility maximization -- 9.3.3.Solution -- 9.4.Increasing returns to abatement -- 9.5.Empirics on the environmental Kuznets curve -- 9.5.1.Method and early results -- 9.5.2.Criticism -- 9.6.Conclusion -- 9.7.Exercises. | |
| 520 | |a How can we reconcile economic growth with the need to protect the natural environment? Will scarcity of natural resources eventually force economic growth to cease? This book introduces key models and shows how modern growth theory can be used to shed light on the relation between economic growth, natural resources, and the environment. | ||
| 650 | 0 | |a Economic development |x Environmental aspects. |0 http://id.loc.gov/authorities/subjects/sh88001234. | |
| 650 | 0 | |a Environmental economics. |0 http://id.loc.gov/authorities/subjects/sh93004763. | |
| 650 | 7 | |a Economic development |x Environmental aspects. |2 fast |0 (OCoLC)fst00901808. | |
| 650 | 7 | |a Environmental economics. |2 fast |0 (OCoLC)fst00912895. | |
| 650 | 7 | |a Croissance économique. |2 eclas. | |
| 650 | 7 | |a Développement durable. |2 eclas. | |
| 650 | 7 | |a Ressources naturelles. |2 eclas. | |
| 650 | 7 | |a Innovations technologiques. |2 eclas. | |
| 650 | 7 | |a Lutte antipollution. |2 eclas. | |
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| 952 | f | f | |p Can circulate |a University of Colorado Boulder |b Boulder Campus |c Norlin |d Norlin Library - Stacks |e HC79.E5 E7473 2013 |h Library of Congress classification |i book |m U183052392649 |n 1 |