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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.
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.
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
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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