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Government policies to reduce environmental pollution and global warming are often criticized as damaging to the economy, particularly by reducing international competitiveness. This book addresses the issue by examining many of the policies concerned, and their effects on competitiveness. It demonstrates that well-designed, market-oriented environmental policies may be expected to improve both domestic and international competitiveness. The authors dismiss the fear that environmental policies will damage competitiveness by approaching the issue from four different perspectives: the economic analysis of competitiveness; a geo-economic approach to trade and foreign investment between Europe, NAFTA and Southeast Asia; studies of the effects of environmental policies on competitiveness; and the formal modelling of carbon taxation, international competitiveness and carbon leakage. The book also includes results from a global econometric model on the potential for carbon leakage, a detailed case study of German national policies, an examination of life cycle analysis and competitiveness, and an empirical study of green product development. This book will be of great interest to academics working in the field of environmental economics and researchers involved in environmental policy.
The British Economy After Oil (1988) examines the future paths for the British economy as North Sea oil runs out. It considers the argument that the future lies in the promotion and growth of services, as well as the counter-argument that the future lies with the development of a strong manufacturing base for the economy.
In this book, first published in 1990, leading theorists and applied economists address themselves to the key questions of aggregation. The issues are covered both theoretically and in wide-ranging applications. Of particular intrest is the optimal aggregation of trade data, the need for micro-modelling when imoprtant non-linearities are present (for example, tax exhaustion in modelling company behaviour) and the use of a micro-model to stimulate labour supply behaviour in a macro-model of the Netherlands.
In this book, first published in 1990, leading theorists and applied economists address themselves to the key questions of aggregation. The issues are covered both theoretically and in wide-ranging applications. Of particular intrest is the optimal aggregation of trade data, the need for micro-modelling when imoprtant non-linearities are present (for example, tax exhaustion in modelling company behaviour) and the use of a micro-model to stimulate labour supply behaviour in a macro-model of the Netherlands.
The threats posed by global warming continue to dominate environmental concerns. Central to this is the part played by greenhouse gas emissions. While various means of curbing these have been considered, most credence is given to some sort of price-based control. "Global Warming and Energy Demands" brings together a range of current views on this subject. The authors of this book consider the responsiveness of energy markets to economic controls in order to assess the feasibility of reducing the emission of greenhouse gases. With the focus on global warming, they address both aggregate energy elasticities as well as those for individual fuels with different carbon contents. Moreover, in light of the long-term consequences of global warming as well as policies designed to mitigate it, the work emphasizes the importance of distinguishing between long and short-run elasticities. Other substantive issues such as the importance of the structural characteristics of the energy market and autonomous improvements in energy efficiency are also discussed. The authors are drawn from diverse backgrounds and interests, which are reflected in the different approaches employed and the scope of the
The threats posed by global warming continue to dominate environmental concerns. Central to this is the part played by greenhouse gas emissions. While various means of curbing these have been considered, most credence is given to some sort of price-based control. "Global Warming and Energy Demands" brings together a range of current views on this subject. The authors of this book consider the responsiveness of energy markets to economic controls in order to assess the feasibility of reducing the emission of greenhouse gases. With the focus on global warming, they address both aggregate energy elasticities as well as those for individual fuels with different carbon contents. Moreover, in light of the long-term consequences of global warming as well as policies designed to mitigate it, the work emphasizes the importance of distinguishing between long and short-run elasticities. Other substantive issues such as the importance of the structural characteristics of the energy market and autonomous improvements in energy efficiency are also discussed. The authors are drawn from diverse backgrounds and interests, which are reflected in the different approaches employed and the scope of the
Too often amongst policy makers and thought leaders an assumption is made that we must make a choice between tackling climate change and having a strong economy; tackling climate change and allowing poorer nations to develop; tackling climate change and having a secure energy system. However, a decade of advanced modelling tested against historical data has provided wide evidence that well-chosen policies can be implemented that avoid these apparent either/or choices.This highly interdisciplinary book provides an overview of potential pathways for the decarbonisation of the global economy. By examining the entire global economy, we show policy-makers and thought-leaders that greatly reducing the risks of climate change can be consistent with energy security, economic development in poor nations, and vibrant economies in already developed nations. Advanced models of the relationships between the economy, energy and climate change pioneered at the Cambridge Centre for Climate Change Mitigation Research (4CMR) over the past decade provides a sound evidence base for decisions. This book examines not only the impacts of policies, but also the feasibility of bringing them forward and the ways in which energy, climate and economic policies can and must be joined up if climate, energy and economic goals are to be met globally.Economists, physicists, engineers, policy analysts, environmental scientists, climate scientists, political analysts, lawyers and computational scientists are brought together for the first time to produce analyses that make up a unique approach to a global problem that must be addressed sooner rather than later.
This 1998 book presents the econometric analysis of single-equation and simultaneous-equation models in which the jointly dependent variables can be continuous, categorical, or truncated. Despite the traditional emphasis on continuous variables in econometrics, many of the economic variables encountered in practice are categorical (those for which a suitable category can be found but where no actual measurement exists) or truncated (those that can be observed only in certain range). Such variables are involved, for example, in models of occupational choice, choice of tenture in housing, and choice of type of schooling. Models with regulated prices and rationing and models for program evaluation also represent areas of application for the techniques presented by the author.
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