An Empirical Survey of the Ramifications of a Green Economy
The unprecedented deterioration of our global environment has increased the necessity of relying upon Green Economic policies as critical and effective environmental management tools. The current situation has stimulated extensive research and debate among global interest groups. This has fostered an ever-growing volume of literature that provides a picture of the best measures affecting the establishment of the Green Economy – including its development and outcomes. This paper provides a survey of the green economy in self-contained form and accessible to the non-specialist readers. First, it reviews the recent developments in green economy: its theoretical foundation, political background and developmental strategies towards genuine, sustainable development. Second, the circular economy, networks, organizations, policies, infrastructure and measurable expected effects are discussed. Third, the theoretical and empirical results and findings regarding the green economy and its practice do lead to a number of conclusions regarding measurement of improvements, achievement of outcomes and identification of causal effects. Finally, summaries of current and possible future Green Development tendencies with a focus upon directions, policy, organizations, capacity, areas and interventions are provided and extensions that can serve as optimal directions for future research and policy are suggested.
|Date of creation:||27 Mar 2014|
|Contact details of provider:|| Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden|
Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/
More information through EDIRC
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.:
- Hazel Henderson, 2007. "Growing the green economy â€“ globally," International Journal of Green Economics, Inderscience Enterprises Ltd, vol. 1(3/4), pages 276-298.
- David Dawe, 1998. "Reenergizing the Green Revolution in Rice," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 948-953.
- Edwards, P.E.T. & Sutton-Grier, A.E. & Coyle, G.E., 2013. "Investing in nature: Restoring coastal habitat blue infrastructure and green job creation," Marine Policy, Elsevier, vol. 38(C), pages 65-71.
- Matthew J. Kotchen, 2006.
"Green Markets and Private Provision of Public Goods,"
Journal of Political Economy,
University of Chicago Press, vol. 114(4), pages 816-845, August.
- Matthew J. Kotchen, 2003. "Green Markets and Private Provision of Public Goods," Department of Economics Working Papers 2003-05, Department of Economics, Williams College.
- Foster, Andrew D & Rosenzweig, Mark R, 1996. "Technical Change and Human-Capital Returns and Investments: Evidence from the Green Revolution," American Economic Review, American Economic Association, vol. 86(4), pages 931-953, September.
- Mark Rosenzweig & Andrew D. Foster, "undated". "Technical Change and Human Capital Returns and Investments: Evidence from the Green Revolution," Home Pages _065, University of Pennsylvania.
- Gerald C. Nelson & Richard D. Robertson, 2008. "Green Gold or Green Wash: Environmental Consequences of Biofuels in the Developing World ," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 30(3), pages 517-529.
- Bartelmus, Peter, 1999. "Green accounting for a sustainable economy: Policy use and analysis of environmental accounts in the Philippines," Ecological Economics, Elsevier, vol. 29(1), pages 155-170, April.
- Pedro Linares & Xavier Labandeira, 2010. "Energy Efficiency: Economics And Policy," Journal of Economic Surveys, Wiley Blackwell, vol. 24(3), pages 573-592, 07.
- Xavier Labandeira Villot & Pedro Linares, 2009. "Energy Efficiency: Economics and Policy," Economic Reports 06-09, FEDEA.
- Xavier Labandeira & Pedro Linares, 2010. "Energy efficiency: Economics and Policy," Working Papers 05-2010, Economics for Energy.
- Aaheim, Asbjorn & Nyborg, Karine, 1995. "On the Interpretation and Applicability of a "Green National Product."," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 41(1), pages 57-71, March.
- Clark II, Woodrow W. & Rifkin, Jeremy, 2006. "A green hydrogen economy," Energy Policy, Elsevier, vol. 34(17), pages 2630-2639, November.
- Martin L. Weitzman, 1976. "On the Welfare Significance of National Product in a Dynamic Economy," The Quarterly Journal of Economics, Oxford University Press, vol. 90(1), pages 156-162.
- M. L. Weitzman, 1974. "On the Welfare Significance of National Product in Dynamic Economy," Working papers 125, Massachusetts Institute of Technology (MIT), Department of Economics.
- Cristina Ciocirlan & Bruce Yandle, 2003. "The Political Economy of Green Taxation in OECD Countries," European Journal of Law and Economics, Springer, vol. 15(3), pages 203-218, May.
- Ignazio Musu, 2010. "Green Economy: great expectation or big illusion?," Working Papers 2010_01, Department of Economics, University of Venice "Ca' Foscari".
- Seyfang, Gill & Longhurst, Noel, 2013. "Growing green money? Mapping community currencies for sustainable development," Ecological Economics, Elsevier, vol. 86(C), pages 65-77.
- Reilly, John M., 2012. "Green growth and the efficient use of natural resources," Energy Economics, Elsevier, vol. 34(S1), pages 85-93.
- Vellinga, Nico & Withagen, Cees, 1996. "On the Concept of Green National Income," Oxford Economic Papers, Oxford University Press, vol. 48(4), pages 499-514, October.
- Baksi, Soham & Green, Chris, 2007. "Calculating economy-wide energy intensity decline rate: The role of sectoral output and energy shares," Energy Policy, Elsevier, vol. 35(12), pages 6457-6466, December.
- Rolf Färe & Shawna Grosskopf & Carl A Pasurka, Jr., 2001. "Accounting for Air Pollution Emissions in Measures of State Manufacturing Productivity Growth," Journal of Regional Science, Wiley Blackwell, vol. 41(3), pages 381-409.
- Camagni, Roberto & Capello, Roberta & Nijkamp, Peter, 1998. "Towards sustainable city policy: an economy-environment technology nexus," Ecological Economics, Elsevier, vol. 24(1), pages 103-118, January.
- Asheim, Geir B, 1997. " Adjusting Green NNP to Measure Sustainability," Scandinavian Journal of Economics, Wiley Blackwell, vol. 99(3), pages 355-370, September.
- Hans-Jurgen Engelbrecht, 2009. "Pathological Knowledge-Based Economies: Towards a Knowledge-Based Economy Perspective on the Current Crisis," Prometheus, Taylor & Francis Journals, vol. 27(4), pages 403-414.
- Chialin Chen, 2001. "Design for the Environment: A Quality-Based Model for Green Product Development," Management Science, INFORMS, vol. 47(2), pages 250-263, February.
- Conconi, Paola, 2003. "Green lobbies and transboundary pollution in large open economies," Journal of International Economics, Elsevier, vol. 59(2), pages 399-422, March.
- Paola Conconi, 2003. "Green Lobbies and Transboundary Pollution in Large Open Economies," ULB Institutional Repository 2013/5837, ULB -- Universite Libre de Bruxelles.
- Andrew C. Worthington & Mark Hoffman, 2008. "An Empirical Survey Of Residential Water Demand Modelling," Journal of Economic Surveys, Wiley Blackwell, vol. 22(5), pages 842-871, December.
- Yi, Hongtao, 2013. "Clean energy policies and green jobs: An evaluation of green jobs in U.S. metropolitan areas," Energy Policy, Elsevier, vol. 56(C), pages 644-652.
- Glomm, Gerhard & Kawaguchi, Daiji & Sepulveda, Facundo, 2008. "Green taxes and double dividends in a dynamic economy," Journal of Policy Modeling, Elsevier, vol. 30(1), pages 19-32.
- Gerhard Glomm & Daiji Kawaguchi & Facundo Sepulveda, 2006. "Green Taxes and Double Dividends in a Dynamic Economy," Caepr Working Papers 2006-017, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
- Svendsen, Gert Tinggaard & Daugbjerg, Carsten & Hjollund, Lene & Pedersen, Anders Branth, 2001. "Consumers, industrialists and the political economy of green taxation: CO2 taxation in OECD," Energy Policy, Elsevier, vol. 29(6), pages 489-497, May.
- Schmalensee, Richard, 2012. "From “Green Growth” to sound policies: An overview," Energy Economics, Elsevier, vol. 34(S1), pages 2-6.
- Midilli, Adnan & Dincer, Ibrahim & Ay, Murat, 2006. "Green energy strategies for sustainable development," Energy Policy, Elsevier, vol. 34(18), pages 3623-3633, December.
- Mehmet, Ozay, 1995. "Employment creation and green development strategy," Ecological Economics, Elsevier, vol. 15(1), pages 11-19, October.
- Foxon, Timothy J., 2011. "A coevolutionary framework for analysing a transition to a sustainable low carbon economy," Ecological Economics, Elsevier, vol. 70(12), pages 2258-2267.
- Carraro, Carlo & Favero, Alice & Massetti, Emanuele, 2012. "“Investments and public finance in a green, low carbon, economy”," Energy Economics, Elsevier, vol. 34(S1), pages 15-28.
- Oh, Dong-hyun & Heshmati, Almas, 2010. "A sequential Malmquist-Luenberger productivity index: Environmentally sensitive productivity growth considering the progressive nature of technology," Energy Economics, Elsevier, vol. 32(6), pages 1345-1355, November.
- Douglas Gollin & Michael Morris & Derek Byerlee, 2005. "Technology Adoption in Intensive Post-Green Revolution Systems," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(5), pages 1310-1316.
- Turner, Steven C. & Kriesel, Warren, 1995. "The Relative Importance of the Green Industry in the U.S. Agricultural Economy," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 13(1).
- Pearce, David, 2006. "The political economy of an energy tax: The United Kingdom's Climate Change Levy," Energy Economics, Elsevier, vol. 28(2), pages 149-158, March.
- Eyraud, Luc & Clements, Benedict & Wane, Abdoul, 2013. "Green investment: Trends and determinants," Energy Policy, Elsevier, vol. 60(C), pages 852-865.
- Robert D. Cairns, 2002. "Green national income and expenditure," Canadian Journal of Economics, Canadian Economics Association, vol. 35(1), pages 1-15, February.
- Jing Li & Sandra J. Hartman & Susan M.L. Zee, 2009. "A study of green movement perceptions and behavioural intentions," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 1(2), pages 133-143.
- Wustenhagen, Rolf & Bilharz, Michael, 2006. "Green energy market development in Germany: effective public policy and emerging customer demand," Energy Policy, Elsevier, vol. 34(13), pages 1681-1696, September.
- Maestad, O., 1995. "On the Legitimacy of Green Trade Policy," Papers 17/95, Norwegian School of Economics and Business Administration-.
- Mary Mellor, 2006. "Ecofeminist political economy," International Journal of Green Economics, Inderscience Enterprises Ltd, vol. 1(1/2), pages 139-150.
- Lee, Duk Hee & Park, Sang Yong & Hong, Jong Chul & Choi, Sang Jin & Kim, Jong Wook, 2013. "Analysis of the energy and environmental effects of green car deployment by an integrating energy system model with a forecasting model," Applied Energy, Elsevier, vol. 103(C), pages 306-316.
- Boyd, James, 2007. "Nonmarket benefits of nature: What should be counted in green GDP?," Ecological Economics, Elsevier, vol. 61(4), pages 716-723, March.
- Söderholm, Patrik, 2008. "The political economy of international green certificate markets," Energy Policy, Elsevier, vol. 36(6), pages 2051-2062, June.
- Gill Seyfang, 2001. "Community currencies: small change for a green economy," Environment and Planning A, Pion Ltd, London, vol. 33(6), pages 975-996, June.
- Richard D. Horan & James S. Shortle & David G. Abler, 1999. "Green Payments for Nonpoint Pollution Control," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(5), pages 1210-1215. Full references (including those not matched with items on IDEAS)