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The Impact of Environmental Emissions and Aggregate Economic Activity on Industry - Theoretical and Empirical Perspectives (Hardcover)
Loot Price: R3,017
Discovery Miles 30 170
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The Impact of Environmental Emissions and Aggregate Economic Activity on Industry - Theoretical and Empirical Perspectives (Hardcover)
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Total price: R3,037
Discovery Miles: 30 370
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As economic growth continues to rise, so does economic degradation.
Though certain rules and regulations do exist, pollution is fast
becoming an unpaid factor of production, unlike the remunerations
of labour and capital inputs. In this context, the environment is
thus used as a factor of production which is not fully compensated.
However, its use in the production process can be accurately
captured by introducing emissions as an input in an aggregate
production function, as Mihir Kumar Pal and other leading experts
demonstrate. In a reverse approach, they examine the effect of
emissions on industrial growth as opposed to that of growth on
emissions, enhancing an awareness of this pivotal trade-off where
the intersection between economy and environment currently needs it
most. Offering both theoretical and empirical perspectives, The
Impact of Environmental Emissions and Aggregate Economic Activity
on Industry: Theoretical and Empirical Perspectives is an
insightful and original contribution to the sustainable development
and economics canon.
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