Feeling The Heat: Financial Crises And Their Impact On Global Climate Change
AbstractThis interdisciplinary paper uses world-systems analysis as a theoretical framework to argue that both the 1870s, 1930’s economic depressions reduced mean global temperatures. As global consumer demand fell, factories worldwide began producing less commodities and, as a result, emitted less greenhouse gasses. We find that in both instances there is evidence to support the hypothesis that financial crises lead to cooler temperatures.
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Bibliographic InfoArticle provided by Prague Development Center in its journal Perspectives of Innovation in Economics and Business (PIEB).
Volume (Year): 4 (2010)
Issue (Month): 1 (February)
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Web page: http://academicpublishingplatforms.com/journal.php?journal=PIEB
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Kondratiev waves; Schumpeter; world-systems analysis; environmental economics; global climate change;
Find related papers by JEL classification:
- N22 - Economic History - - Financial Markets and Institutions - - - U.S.; Canada: 1913-
- 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
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Solomou,Solomos, 1990. "Phases of Economic Growth, 1850–1973," Cambridge Books, Cambridge University Press, number 9780521389044, October.
- Deacon, Robert & Norman, Catherine S, 2004.
"Does the Environmental Kuznets Curve Describe How Individual Countries Behave?,"
University of California at Santa Barbara, Economics Working Paper Series
qt6gm8164w, Department of Economics, UC Santa Barbara.
- Robert T. Deacon & Catherine S. Norman, 2006. "Does the Environmental Kuznets Curve Describe How Individual Countries Behave?," Land Economics, University of Wisconsin Press, vol. 82(2), pages 291-315.
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