Macroeconomics and the Environment

About this book

Sustainable development is a concept that is receiving increasing attention from world decision makers. This timely volume contains a selection of both the seminal papers and a cross-section of current thinking. It should be valuable to researchers, students and practitioners interested in this important topic. Part 1 presents early articles linking the macroeconomy with the environment. Part 2 contains general surveys of the relationship between economic growth and environmental degradation. Included in part 3 are papers with mathematical models seeking to incorporate environmental variables into macroeconomic frameworks. Part 4 focuses on the linkages between international trade and the environment. The final section examines progress on the greening of the system of national accounts - an important prerequisite for environmental-macroeconomic policy making.

Contents

Part 1 Basic linkages and macro-analytical frameworks: environmental repercussions and the economic structure - an input-output approach, Wassily Leontief; some observations on "optimal" economic growth and exhaustible resources, Tjalling C. Koopmans; growth with exhaustible natural resources - efficient and optimal growth paths, Joseph Stiglitz; an almost practical step toward sustainability, Robert Solow; natural capital and the theory of economic growth, Richard W. England; elements of environmental macroeconomics, Herman E. Daly; macropolicy and the environment -a framework for analysis, Messaye Girma; macroeconomic policies, second-best theory and the environment, Karl-Goran Maler and Mohan Munasinghe. Part 2 General reviews and empirical surveys: economic growth and the environment, Gene M. Grossman and Alan B. Krueger; Bretton Woods intervention programmes and sustainable development, J.B. Opschoor and S.M. Jongma; environmental impacts of structural adjustment programmes - synthesis and recommendations, Theodore Panayotou and Kurt Hupe; structural adjustment and the environment - the need for an analytical methodology, J.J. Kessler and M. Van Dorp. Part 3 Macroeconomic-environmental models and country studies: computable general equilibrium models for environmental economics and policy analysis, Klaus Conrad; ecology and optimal economic growth - an optimal ecological economic growth model and its sustainability implications, Sardar M.N. Islam; intertemporal general equilibrium modelling of US environmental regulation, Dale W. Jorgenson and Peter J. Wilcoxen; energy and environmental constraints on growth - a CGE modelling approach, Lars Bergman; natural resource management and economy-wide policies in Costa Rica - a computable general equilibrium (CGE) modelling approach, Annika Persson and Mohan Munasinghe; structural adjustment and market imperfections - a stylized village economy-wide model with non-separable farm households, Stein T. Holden et al; structural adjustment and deforestation in Nicaragua, Solveig Glomsrod et al. Part 4 International trade and the environment: general models of environmental policy and foreign trade, Karl W. Steininger; an open economy model of the effects of unilateral environmental policy by a large developing country, Amitrajeet A. Batabyal; economic policies for sustainable resource use in Morocco, Ian Goldin and David Roland-Host; in search of pollution havens -dirty industry in the world economy, 1960-1995, Muthukumara Mani and David Wheeler. Part 5 Environmental accounting: natural resources, national accounting and economic depreciation, John M. Hartwick; integrated environmental and economic accounting -framework for a SNA satellite system, Peter Bartelmus et al; the need for natural resource accounting, Robert Repetto et al; national account of timber and forest environmental resources in Sweden, Lars Hultkrantz; resource and environmental accounting, Giles Atkinson et al; green accounting - wha

Customer Reviews