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Economic Theory and Global Warming

Author

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  • Uzawa,Hirofumi

Abstract

In this book, Professor Uzawa modifies and extends the theoretical premises of orthodox economic theory to those broad enough to be capable of analyzing the phenomena related to environmental disequilibrium, particularly global warming, and of finding institutional arrangements and policy measures that may bring about a more optimal state where natural and institutional components are harmoniously blended. He constructs a theoretical framework in which three major problems concerning global environmental issues may effectively be addressed. First, all phenomena involved with global environmental issues exhibit externalities of one kind or another. Secondly, global environmental issues involve international and intergenerational equity and justice. Thirdly, global environmental issues concern the management of the atmosphere, the oceans, water, soil, and other natural resources that have to be decided by a consensus of all affected countries.

Suggested Citation

  • Uzawa,Hirofumi, 2009. "Economic Theory and Global Warming," Cambridge Books, Cambridge University Press, number 9780521066594, Fall.
  • Handle: RePEc:cup:cbooks:9780521066594
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    Cited by:

    1. Tol, Richard S. J., 2008. "The Social Cost of Carbon: Trends, Outliers and Catastrophes," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 2, pages 1-22.
    2. H. Uzawa, 2010. "Global Warming, Proportional Carbon Taxes, and International Fund for Atmospheric Stabilization," Review of Development Economics, Wiley Blackwell, vol. 14(1), pages 1-19, February.
    3. Vangelis Tzouvelekas & Dimitra Vouvaki & Anastasios Xepapadeas, 2006. "Total Factor Productivity Growth and the Environment: A Case for Green Growth Accounting," Working Papers 0617, University of Crete, Department of Economics.
    4. Havranek, Tomas & Irsova, Zuzana & Janda, Karel & Zilberman, David, 2015. "Selective reporting and the social cost of carbon," Energy Economics, Elsevier, vol. 51(C), pages 394-406.
    5. Loreno Cecconi, 2015. "Using Pollutant and not-Pollutant Capital into a dynamic analysis of Environment-Economic integrated models: a critical approach," Department of Economics University of Siena 713, Department of Economics, University of Siena.
    6. Folkmanis, Andrew Janis, 2011. "International and European market mechanisms in the climate change agenda--An assessment of their potential to trigger investments in the Mediterranean solar plan," Energy Policy, Elsevier, vol. 39(8), pages 4490-4496, August.
    7. Richard S. J. Tol, 2015. "Economic impacts of climate change," Working Paper Series 7515, Department of Economics, University of Sussex.
    8. Yamaguchi, Rintaro & Sato, Masayuki & Ueta, Kazuhiro, 2009. "Genuine savings with adjustment costs," MPRA Paper 16347, University Library of Munich, Germany.
    9. Budy P. Resosudarmo & Frank Jotzo & Arief A. Yusuf & Ditya A. Nurdianto, 2011. "Challenges in Mitigating Greenhouse Gas Emissions: The Importance of Policies for Fossil Fuel Combustion," CCEP Working Papers 1108, Centre for Climate Economics & Policy, Crawford School of Public Policy, The Australian National University.
    10. Mikhail Golosov & John Hassler & Per Krusell & Aleh Tsyvinski, 2014. "Optimal Taxes on Fossil Fuel in General Equilibrium," Econometrica, Econometric Society, vol. 82(1), pages 41-88, January.
    11. Wolfgang Buchholz & Wolfgang Peters, 2007. "Justifying the Lindahl solution as an outcome of fair cooperation," Public Choice, Springer, vol. 133(1), pages 157-169, October.
    12. Huifang Tian & Xiaojun Shi & John Whalley, 2012. "Cross Country Fairness Considerations and Country Implications of Alternative Approaches to a Global Emission Reduction Regime," NBER Working Papers 18443, National Bureau of Economic Research, Inc.
    13. M. Gallastegui & M. González-Eguino & I. Galarraga, 2012. "Cost effectiveness of a combination of instruments for global warming: a quantitative approach for Spain," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 3(1), pages 111-132, March.
    14. Calvo, Emilio & Rubio, Santiago J., 2013. "Dynamic Models of International Environmental Agreements: A Differential Game Approach," International Review of Environmental and Resource Economics, now publishers, vol. 6(4), pages 289-339, April.
    15. Tol, Richard S.J., 2013. "Targets for global climate policy: An overview," Journal of Economic Dynamics and Control, Elsevier, vol. 37(5), pages 911-928.
    16. Tian, Huifang & Whalley, John, 2010. "Trade sanctions, financial transfers and BRIC participation in global climate change negotiations," Journal of Policy Modeling, Elsevier, vol. 32(1), pages 47-63, January.
    17. Resosudarmo, Budy P. & Jotzo, Frank & Yusuf, Arief A. & Nurdianto, Ditya A., 2011. "Challenges in Mitigating Indonesia’s CO2 Emission: The Importance of Managing Fossil Fuel Combustion," Working Papers 249531, Australian National University, Centre for Climate Economics & Policy.
    18. Christian Schoder & Willi Semmler, 2009. "The Economics of Climate Change," SCEPA policy note series. SCEPA's main areas of research are macroeconomic policy, inequality and poverty, and globalization. 2009-01, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    19. Cai, Yuezhou & Riezman, Raymond & Whalley, John, 2013. "International trade and the negotiability of global climate change agreements," Economic Modelling, Elsevier, vol. 33(C), pages 421-427.
    20. Yiyong Cai & Warwick McKibbin, 2015. "Uncertainty and International Climate Change Negotiations," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 1(1), pages 101-115, March.
    21. Wolfgang Buchholz & Richard Cornes & Wolfgang Peters, 2008. "Existence, uniqueness and some comparative statics for ratio and Lindahl equilibria," Journal of Economics, Springer, vol. 95(2), pages 167-177, November.
    22. Ando, Asao & Meng, Bo, 2016. "A unified framework of trade in value added : physical, monetary, exchange rates, and GHG emissions," IDE Discussion Papers 563, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    23. Andrei Bazhanov, 2012. "A Closed-Form Solution to Stollery’s Problem with Damage in Utility," Computational Economics, Springer;Society for Computational Economics, vol. 39(4), pages 365-386, April.
    24. Hirofumi Uzawa, 2008. "Global Warming, Imputed Prices, and Sustainable Development," DEGIT Conference Papers c013_014, DEGIT, Dynamics, Economic Growth, and International Trade.
    25. Takumi HAIBARA, 2007. "Environmental Funds, Terms of Trade, and Welfare," GSICS Working Paper Series 15, Graduate School of International Cooperation Studies, Kobe University.

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