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The Global Environment, Natural Resources, and Economic Growth.

Author: Alfred Greiner; Will Semmler; Oxford University Press.
Publisher: New York : Oxford University Press, 2008.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Global growth, in particular high economic growth rates, implies a fast depletion of resources. Thus, this book deals with the impact on the environment and the effect of the exhaustive use of natural resources on economic growth and welfare of market economies.
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Greiner, Alfred.
Global environment, natural resources, and economic growth.
New York, NY : Oxford University Press, 2008
(DLC) 2007047160
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Alfred Greiner; Will Semmler; Oxford University Press.
ISBN: 019532823X 9780195328233
OCLC Number: 426463472
Description: 1 online resource (240 pages) illustrations
Contents: Cover --
Contents --
Introduction --
Part I: The Environment and Economic Growth --
1 Introduction and Overview --
2 The Basic Economic Model --
2.1 The Household Sector --
2.2 The Productive Sector --
2.3 The Government --
2.4 Equilibrium Conditions and the Balanced Growth Path --
3 Growth and Welfare Effects of Fiscal Policy --
3.1 Growth Effects of Fiscal Policy on the BGP --
3.2 Growth Effects on the Transition Path --
3.3 Welfare Effects of Fiscal Policy on the BGP and the Social Optimum --
4 The Dynamics of the Model with Standard Preferences --
5 Pollution as a Stock --
5.1 The Household Sector --
5.2 The Productive Sector and the Stock of Pollution --
5.3 The Government --
5.4 Equilibrium Conditions and the Balanced Growth Path --
5.5 The Dynamics of the Model --
5.6 Effects of the Different Scenarios on the Balanced Growth Rate --
6 Concluding Remarks --
Part II: Global Warming and Economic Growth --
7 Introduction and Overview --
8 Facts on GHG Emissions and the Change in Average Global Surface Temperature --
9 A Descriptive Model of Endogenous Growth --
9.1 Structure of the Model --
9.2 The Balanced Growth Path --
9.3 Numerical Examples --
10 The AK Endogenous Growth Model --
10.1 The Second-Best Solution --
10.2 The Social Optimum --
10.3 A Multiregion World --
11 A Model with Optimizing Agents --
11.1 The Competitive Economy --
11.2 The Social Optimum --
11.3 Modeling Nonlinear Feedback Effects of the Rise in Temperature --
12 Concluding Remarks --
Part III: Depletion of Resources and Economic Growth --
13 Introduction and Overview --
14 Nonrenewable Resources --
14.1 Introduction --
14.2 Economic Growth with Resource Constraints --
14.3 The Importance of Intergenerational Equity --
14.4 Assessment of the Finiteness of Resources --
14.5 Assessment of Petroleum Reserves --
14.6 Estimation of a Basic Model --
Appendix: Sketch of Solutions and Data Sources --
15 Renewable Resources --
15.1 Introduction --
15.2 Renewable Resources and Optimal Growth --
15.3 Open Access: Zero Horizon Optimization --
15.4 The Monopoly: Infinite Horizon Optimization --
15.5 Concluding Remarks --
Appendix --
16 Regulation of Resources --
16.1 Introduction --
16.2 The Model --
16.3 Numerical Results for the Partial and Complete Model --
16.4 Concluding Remarks --
Appendix --
17 Conclusion --
Appendix: Three Useful Theorems from Dynamic Optimization --
Bibliography --
Index --
A --
B --
C --
D --
E --
F --
G --
H --
I --
M --
N --
O --
P --
R --
S --
T --
U --
W.
Responsibility: Edited by Alfred Greiner, Will Semmler.

Abstract:

Global growth, in particular high economic growth rates, implies a fast depletion of resources. Thus, this book deals with the impact on the environment and the effect of the exhaustive use of natural resources on economic growth and welfare of market economies.

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This book offers a substantial and significant achievement from these two representatives of the Bielefeld School. Using endogenous growth theory, they construct a sophisticated, general model of the Read more...

 
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