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The major purpose of this book is to contribute to better economic policy analysis through improvements in models studying the economic impacts of carbon dioxide (CO2) and other greenhouse gases, and to show ways in which economic instruments can effectively be put to use to alleviate such problems. Global Environmental Economics is an integrated economic assessment of GHG emissions impacting economic growth and welfare change along major considerations of uncertainty, technological change and cooperation. A theoretical treatment of the issues is emphasized, using modern tools of economic theory and based on 'simple' models that yield illustrative results in terms of 'what-if' questions. With this focus the book distinguishes itself uniquely from other economic analytic approaches in the field that have appeared in the past few years. It focuses on the analysis, control and optimization of modelling forms rather than the collection and analysis of data. More concretely, the book searches for optimal fossil fuel use, research and technology policies rather than prediction of the future. The collection appeals to researchers interested in environmental economics, economic theory, and mathematical methods (in particular optimal-control theory) and economic growth.
Some structural elements of networks carry over to features of dynamic competition in network industries that, through increasing return mechanisms on innovation based industries, generate sustainable growth and create industrial linkages as a backbone to industrial/economic growth. The project focuses on the integration of network structure, industrial competition and industrial growth processes into a coherent mechanism design. This text should be of interest to policy analysts/makers, industry strategists/consultants, students of industrial economics/organisation, entrepreneurship/ management and economic journalists alike with interest in and focus on strategic and structural foundations of network economies and their industrial implications. The book is also designed to be used as a text for a course in business strategy as it could serve as a supplementary text to industrial organisation and being part of the micro-foundations of economic growth and development neglected in the mostly macro-centered economic growth literature. Content-wise, links are drawn from the structure of networks to dynamic competition in innovation focused industries, its restrictions and abuses of dominance in market structures and potential future markets for antitrust, to the growth of industries through increasing returns mechanisms in complementary markets and the consequences for industrial growth and development. Coverage includes: 1. Integrating Networks, Dynamic Competition and Industrial Growth, 2. Networks, Technology and Competition, 3. Dynamics of Competition and Market Dynamics, 4. Increasing Returns Mechanism , 5.Industrial and Economic Growth: A Review, 6. Mechanism Design for Economic Development, and 7. Network-centered Industrial Growth. The central theme of this compilation is the interplay of competition, innovation, cooperation and market structure along vertical and horizontal industry lines. Interaction and interdependencies are facilitated and sometimes bottlenecked through networks most naturally prevalent in high technology industries. This forms the core basis of business strategy relating to the growth of business and complementary activities through innovation, mergers and acquisitions (M&As) and related strategic choices.
Economic growth is a major source of wealth creation at the national and international level. It elevates a nation's standard of living as well as being able to lift it out of poverty. With suitable guidance on population growth, fiscal soundness, environmentally sustainable development and resource use, an acceptable distribution of income and a constant rate of technical progress, economic growth will always have a quantitative, as well as a qualitative dimension, both of which improve general living conditions and individual growth. This book argues that a key driver of economic growth among nations or regional economic entities is an intrinsic, ongoing, perpetual and historically observable rivalry to propel a state's standing, prestige, power and economic performance through getting ahead of or not to fall too much behind its rivals in a pecking order.
Economic growth is a major source of wealth creation at the national and international level. It elevates a nation's standard of living as well as being able to lift it out of poverty. With suitable guidance on population growth, fiscal soundness, environmentally sustainable development and resource use, an acceptable distribution of income and a constant rate of technical progress, economic growth will always have a quantitative, as well as a qualitative dimension, both of which improve general living conditions and individual growth. This book argues that a key driver of economic growth among nations or regional economic entities is an intrinsic, ongoing, perpetual and historically observable rivalry to propel a state's standing, prestige, power and economic performance through getting ahead of or not to fall too much behind its rivals in a pecking order.
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