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New Economic Theories

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  • Carlo Carraro

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Abstract

This paper analyses some of the most important spillovers of recent developments of economic theory into environmental economics. Attention is given to the anlaysis of sustainable economic development paths, where endogenous growth models are used; the implications of environmental dumping and more generally of policies concerning global environmental issues, where new trade theories are very useful; and, the effectiveness of environmental policy instruments when markets are imperfectly competitive, where industrial organisation theory is employed. The paper does not only note recent developments in environmental economics, but also relates these to the previous environmental economics literature. Thus, it can be assessed whether new results actually improve our knowledge of crucial economic and environmental issues. Copyright Kluwer Academic Publishers 1998

Suggested Citation

  • Carlo Carraro, 1998. "New Economic Theories," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 365-381, April.
  • Handle: RePEc:kap:enreec:v:11:y:1998:i:3:p:365-381
    DOI: 10.1023/A:1008204826571
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Ru_diger Pethig, 2001. "On the future of environmental economics," Chapters,in: Frontiers of Environmental Economics, chapter 15 Edward Elgar Publishing.
    2. Jacobsen, Henrik Klinge, 2001. "Technological progress and long-term energy demand -- a survey of recent approaches and a Danish case," Energy Policy, Elsevier, vol. 29(2), pages 147-157, January.
    3. Blackman, Allen & Nelson, Per-Kristian & Mathis, Mitchell, 2001. "The Greening of Development Economics: A Survey," Discussion Papers dp-01-08, Resources For the Future.
    4. Verchère, Alban, 2011. "Le développement durable en question : analyses économiques autour d’un improbable compromis entre acceptions optimiste et pessimiste du rapport de l’Homme à la Nature," L'Actualité Economique, Société Canadienne de Science Economique, vol. 87(3), pages 337-403, septembre.
    5. Karvonen, Minna-Maari, 2001. "Natural versus manufactured capital: win-lose or win-win? A case study of the Finnish pulp and paper industry," Ecological Economics, Elsevier, vol. 37(1), pages 71-85, April.

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