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Trade Capital Accumulation And The Environment
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Book Synopsis Trade, Capital Accumulation, and the Environment by : Gang Li
Download or read book Trade, Capital Accumulation, and the Environment written by Gang Li and published by . This book was released on 2015 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: To highlight endogenous capital accumulation in shaping the interaction between trade and the environment, I develop a two-sector Ramsey model featuring agriculture impaired by pollution from production. Trade raises capital rental and encourages investment. Under laissez faire, this scale effect leads to environmental degradation in the long run, even if the economy specializes in the relatively clean sector. Specialization pattern in the long run depends upon pre-trade comparative advantage. Welfare gains from trade is ambiguous. The social optimum can be achieved through a dynamic version of the Pigouvian tax, with a lump-sum transfer to households. Under optimal policy, trade does not necessarily harm the environment. The long-run specialization pattern may depend upon the initial condition as well.
Book Synopsis Trade and the Environment by : Brian R. Copeland
Download or read book Trade and the Environment written by Brian R. Copeland and published by Princeton University Press. This book was released on 2005-08-07 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowhere has the divide between advocates and critics of globalization been more striking than in debates over free trade and the environment. And yet the literature on the subject is high on rhetoric and low on results. This book is the first to systematically investigate the subject using both economic theory and empirical analysis. Brian Copeland and Scott Taylor establish a powerful theoretical framework for examining the impact of international trade on local pollution levels, and use it to offer a uniquely integrated treatment of the links between economic growth, liberalized trade, and the environment. The results will surprise many. The authors set out the two leading theories linking international trade to environmental outcomes, develop the empirical implications, and examine their validity using data on measured sulfur dioxide concentrations from over 100 cities worldwide during the period from 1971 to 1986. The empirical results are provocative. For an average country in the sample, free trade is good for the environment. There is little evidence that developing countries will specialize in pollution-intensive products with further trade. In fact, the results suggest just the opposite: free trade will shift pollution-intensive goods production from poor countries with lax regulation to rich countries with tight regulation, thereby lowering world pollution. The results also suggest that pollution declines amid economic growth fueled by economy-wide technological progress but rises when growth is fueled by capital accumulation alone. Lucidly argued and authoritatively written, this book will provide students and researchers of international trade and environmental economics a more reliable way of thinking about this contentious issue, and the methodological tools with which to do so.
Book Synopsis Trade, Growth and the Environment by : Brian Richard Copeland
Download or read book Trade, Growth and the Environment written by Brian Richard Copeland and published by . This book was released on 2003 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the last ten years environmentalists and the trade policy community have engaged in a heated debate over the environmental consequences of liberalized trade. The debate was originally fueled by negotiations over the North American Free Trade Agreement and the Uruguay round of GATT negotiations, both of which occurred at a time when concerns over global warming, species extinction and industrial pollution were rising. Recently it has been intensified by the creation of the World Trade Organization (WTO) and proposals for future rounds of trade negotiations. The debate has often been unproductive. It has been hampered by the lack of a common language and also suffered from little recourse to economic theory and empirical evidence. The purpose of this essay is set out what we currently know about the environmental consequences of economic growth and international trade. We critically review both theory and empirical work to answer three basic questions. What do we know about the relationship between international trade, economic growth and the environment? How can this evidence help us evaluate ongoing policy debates? Where do we go from here?
Book Synopsis Capitalism in the Web of Life by : Jason W. Moore
Download or read book Capitalism in the Web of Life written by Jason W. Moore and published by Verso Books. This book was released on 2015-08-24 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance. Climate. Food. Work. How are the crises of the twenty-first century connected? In Capitalism in the Web of Life, Jason W. Moore argues that the sources of today's global turbulence have a common cause: capitalism as a way of organizing nature, including human nature. Drawing on environmentalist, feminist, and Marxist thought, Moore offers a groundbreaking new synthesis: capitalism as a "world-ecology" of wealth, power, and nature. Capitalism's greatest strength-and the source of its problems-is its capacity to create Cheap Natures: labor, food, energy, and raw materials. That capacity is now in question. Rethinking capitalism through the pulsing and renewing dialectic of humanity-in-nature, Moore takes readers on a journey from the rise of capitalism to the modern mosaic of crisis. Capitalism in the Web of Life shows how the critique of capitalism-in-nature-rather than capitalism and nature-is key to understanding our predicament, and to pursuing the politics of liberation in the century ahead.
Book Synopsis Growth and International Trade by : Karl Farmer
Download or read book Growth and International Trade written by Karl Farmer and published by Springer Nature. This book was released on 2021-04-01 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised and updated for the 2nd edition, this textbook guides the reader towards various aspects of growth and international trade in a Diamond-type overlapping generations framework. Using the same model type throughout the book, timely topics such as growth with bubbles, robots and involuntary unemployment, financial integration and house price dynamics, policies to mitigate climate change and the persistence of religion in a globalized market economy are explored. The first part starts from the “old” growth theory and bridges to the “new” growth theory (including R&D and human capital approaches). The second part presents an intertemporal equilibrium theory of inter- and intra-sectoral trade, investigates innovation, growth and trade and limits to public debt as well as nationally and internationally optimal climate policies. The debt dynamics of the Euro Zone and the origins of intra-EMU and Asian-US trade imbalances are also explored. The book is primarily addressed to upper undergraduate and graduate students wishing to proceed to the analytically more demanding journal literature.
Book Synopsis Inequality, Growth, and Environmental Quality Trade-Offs in a Model with Human Capital Accumulation by : Marta Aloi
Download or read book Inequality, Growth, and Environmental Quality Trade-Offs in a Model with Human Capital Accumulation written by Marta Aloi and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a simple endogenous growth model where pollution exposure and vulnerability are unequally spread across the population, and growth and distribution are endogenous. In this set-up, we investigate whether trade-offs between growth, distributional, and environmental concerns may emerge. We show that a tighter environmental policy reduces income inequality and can improve both growth and total welfare. Immediate welfare losses, though, do occur, and are larger for countries that start at low levels of environmental quality (e.g. developing countries). Inégalité, croissance et qualité de l'environnement : arbitrages dans un modèle d'accumulation de capital humain. Nous développons un modèle de croissance endogène où l'exposition et la vulnérabilité à la pollution sont inégalement réparties dans la population, et où la croissance et la distribution des revenus sont déterminées de façon endogène. Dans ce cadre d'analyse, nous cherchons s'il existe des arbitrages entre la croissance, les inégalités et l'environnement, notamment dans les pays en développement. Nous montrons qu'une politique environnementale plus stricte conduit à la fois à une réduction des inégalit és et, à une augmentation de la croissance et du bien-être. Dans un premier temps, cependant, ce changement de politique conduit à une réduction du bien-être qui est relativement plus importante pour les pays dont la qualité environmentale est initiallement faible (e.g., les pays en développement).
Book Synopsis development and environmental economics by :
Download or read book development and environmental economics written by and published by New Age International. This book was released on with total page 738 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis International Trade and the Environment by : Brian Richard Copeland
Download or read book International Trade and the Environment written by Brian Richard Copeland and published by . This book was released on 2001 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper sets out a general equilibrium pollution and trade model to provide a framework for examination of the trade and environment debate. The model contains as special cases a canonical pollution haven model as well as the standard Heckscher-Ohlin-Samuelson factor endowments model. We draw quite heavily from trade theory, but develop a simple pollution demand and supply system featuring marginal abatement cost and marginal damage schedules familiar to environmental economists. We have intentionally kept the model simple to facilitate extensions examining the environmental consequences of growth, the impact of trade liberalization, and strategic interaction between countries.
Book Synopsis General Equilibrium Modelling of Trade and the Environment by : John Christopher Beghin
Download or read book General Equilibrium Modelling of Trade and the Environment written by John Christopher Beghin and published by . This book was released on 1996 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Power of the Machine by : Alf Hornborg
Download or read book The Power of the Machine written by Alf Hornborg and published by Rowman Altamira. This book was released on 2001 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hornborg argues that we are caught in a collective illusion about the nature of modern technology that prevents us from imagining solutions to our economic and environmental crises other than technocratic fixes. He demonstrates how the power of the machine generates increasingly asymmetrical exchanges and distribution of resources and risks between distant populations and ecosystems, and thus an increasingly polarized world order. The author challenges us to reconceptualize the machine--"industrial technomass"--as a species of power and a problem of culture. He shows how economic anthropology has the tools to deconstruct the concepts of production, money capital, and market exchange, and to analyze capital accumulation as a problem at the very interface of the natural and social sciences. His analysis provides an alternative understanding of economic growth and technological development. Hornborg's work is essential for researchers in anthropology, human ecology, economics, political economy, world-systems theory, environmental justice, and science and technology studies. Find out more about the author at the Lund University, Sweden web site.
Book Synopsis Articulations of Capital by : John Pickles
Download or read book Articulations of Capital written by John Pickles and published by John Wiley & Sons. This book was released on 2016-03-03 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Articulations of Capital offers an accessible, grounded, yet theoretically-sophisticated account of the geographies of global production networks, value chains, and regional development in post-socialist Eastern and Central Europe. Proposes a new theorization of global value chains as part of a conjunctural economic geography Develops a set of conceptual and theoretical arguments concerning the regional embeddedness of global production Draws on longitudinal empirical research from over 20 years in the Bulgarian and Slovakian apparel industries Makes a major intervention into the debate over the economic geographies of European integration and EU enlargement
Book Synopsis Carbon Markets in a Climate-Changing Capitalism by : Gareth Bryant
Download or read book Carbon Markets in a Climate-Changing Capitalism written by Gareth Bryant and published by Cambridge University Press. This book was released on 2019-02-21 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: The promise of harnessing market forces to combat climate change has been unsettled by low carbon prices, financial losses, and ongoing controversies in global carbon markets. And yet governments around the world remain committed to market-based solutions to bring down greenhouse gas emissions. This book discusses what went wrong with the marketisation of climate change and what this means for the future of action on climate change. The book explores the co-production of capitalism and climate change by developing new understandings of relationships between the appropriation, commodification and capitalisation of nature. The book reveals contradictions in carbon markets for addressing climate change as a socio-ecological, economic and political crisis, and points towards more targeted and democratic policies to combat climate change. This book will appeal to students, researchers, policy makers and campaigners who are interested in climate change and climate policy, and the political economy of capitalism and the environment.
Book Synopsis Trade, Capital Accumulation and Structural Unemployment by : Hiau Looi Kee
Download or read book Trade, Capital Accumulation and Structural Unemployment written by Hiau Looi Kee and published by World Bank Publications. This book was released on 2004 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies the factors responsible for the secular decline of Singapore's unemployment rate over the period 1966-2000 in an environment of low and stable inflation rates.
Book Synopsis China and Global Capital Accumulation by :
Download or read book China and Global Capital Accumulation written by and published by . This book was released on 2011 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rising Inequality in China by : Shi Li
Download or read book Rising Inequality in China written by Shi Li and published by Cambridge University Press. This book was released on 2013-10-31 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).
Book Synopsis Multisector Growth Models by : Terry L. Roe
Download or read book Multisector Growth Models written by Terry L. Roe and published by Springer Science & Business Media. This book was released on 2009-10-03 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.
Book Synopsis Analytical Issues in Trade, Development and Finance by : Ambar Nath Ghosh
Download or read book Analytical Issues in Trade, Development and Finance written by Ambar Nath Ghosh and published by Springer. This book was released on 2016-09-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book’s 30 chapters are divided into three sections – international trade, economic development, macroeconomics and finance – and focus on the frontier issues in each. Section I addresses analytical issues relating to trade-environment linkage, capital accumulation for pollution abatement, possibility of technology diffusion by multinational corporations, nature of innovation inducing tariff protection, effects of import restriction and child labour, the links between exchange rate, direction of trade and financial crisis—the implications for India and global economic crisis, financial institutions and global capital flows and balance of payments imbalances. Section II consists of discussions on the causes of widespread poverty persisting in South Asia, development dividend associated with peace in South Asia, issues of well-being and human development, implications for endogenous growth through human capital accumulation on environmental quality and taxation, the rationale for a labour supply schedule for the poor, switching as an investment strategy, the role of government and strategic interaction in the presence of information asymmetry, government’s role in controlling food inflation, inter-state variations in levels and growth of industry in India, structural breaks in India’s service sector development, and the phenomenon of wasted votes in India’s parliamentary elections. Section III deals with the effectiveness of monetary policy in tackling economic crisis, the effective demand model of corporate leverages and recession, the empirical link between stock market development and economic growth in cross-country experience in Asia, an empirical verification of the Mckinnon-Shaw hypothesis for financial development in India, the dynamics of the behaviour of the Indian stock market, efficiency of non-life insurance companies, econometric study of the causal linkage between FDI and current account balance in India and the implications of contagious crises for the Indian economy.
