Greenhouse emissions and economic recessions: Did industrial economies “Stay Cool” during the 1930s economic crisis?
AbstractIn this historical economic interdisciplinary research we investigate the impact of the 1930s economic crisis and their relationship to global warming. We investigate two consecutive hegemonic powers: the United Kingdom and the United States. Our assumption was that a reduction in demand would lead to a decrease in mean global temperatures during depressions. We find that in fact reduced carbon dioxide in the atmosphere resulting from lowered production does not result in cooling temperatures.
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Bibliographic InfoArticle provided by Prague Development Center in its journal Business and Economic Horizons (BEH).
Volume (Year): 1 (2010)
Issue (Month): 1 (April)
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Web page: http://academicpublishingplatforms.com/journal.php?journal=BEH
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Historical economic sociology; Kondratiev wave theory; World-systems analysis; economic crises; global climate change;
Find related papers by JEL classification:
- B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
- B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
- N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
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