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The Economics Of A Dual Externality
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Book Synopsis International Environmental Externalities and the Double Dividend by : Sebastian Killinger
Download or read book International Environmental Externalities and the Double Dividend written by Sebastian Killinger and published by Edward Elgar Publishing. This book was released on 2001-01-26 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'In looking at the effects of ecological tax reform on allocation, this book addresses a very important issue. The results are interesting and have significant policy implications.' - Glenn Feltham, Canadian Tax Journal 'The book contains an excellent analysis of how environment taxation affects large countries that are highly integrated in world capital markets.' - Lans Bovenberg, CPB Netherlands Bureau for Economic Policy Analysis, The Netherlands The twin benefits of improving environmental quality and reducing tax distortions through the recycling of environmental tax proceeds prove an attractive policy objective. This book analyses the use of the double dividend concepts for evaluating ecological tax reforms. The author aims to analyse unilateral environmental policy measures thoroughly and to assess under which conditions a double dividend can be achieved. The analysis is undertaken in the context of international capital mobility and cross-border externalities. He also includes a discussion of an empirically relevant example for an ecological tax reform scenario in Germany - the DIW proposal.
Book Synopsis The Economics of a Dual Externality by : Jeffrey Charles Stier
Download or read book The Economics of a Dual Externality written by Jeffrey Charles Stier and published by . This book was released on 1978 with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Theory of Economic Externalities by : James Edward Meade
Download or read book The Theory of Economic Externalities written by James Edward Meade and published by Brill Archive. This book was released on 1973 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Welfare Economics and Externalities In An Open Ended Universe by : R. Cordato
Download or read book Welfare Economics and Externalities In An Open Ended Universe written by R. Cordato and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Along with the renewed interest in the Austrian school of economics over the last two decades, important advances have been made in applying its princples to concrete issues that typically face market economics. However, very little has been done in the area of externalities and the concept of social efficiency. The overarching purpose of this book is to establish a sound theoretical basis for further empirical and public policy analysis in the area of externalities. In order to do this, a general theory of welfare economics is required. The author offers an alternative to the conventional neoclassical welfare paradigm -- his construct does not include perfect competition or general equilibrium. After the author develops his theory of welfare economics, he interprets externalities in light of the theory and discusses policy remedies and directions for further research.
Book Synopsis Public Goods, Environmental Externalities and Fiscal Competition by : Parkash Chander
Download or read book Public Goods, Environmental Externalities and Fiscal Competition written by Parkash Chander and published by Springer Science & Business Media. This book was released on 2007-01-16 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 22 papers in this volume illustrate the itinerary of Henry Tulkens on the occasion of his retirement from teaching. The volume presents contemporary analysis of Tulkens’ classic papers on public sector economics. The collection is structured in four parts: I. Decentralized resource allocation processes for public and private goods - II. Environment, public goods and externalities - III. Efficiency analysis - IV. Fiscal competition and optimality.
Book Synopsis National Income and Nature: Externalities, Growth and Steady State by : J.J. Krabbe
Download or read book National Income and Nature: Externalities, Growth and Steady State written by J.J. Krabbe and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 'environmental revolution' began in the late 1960s, economists have done a lot of work in the field of economic theory-building on the preservation of nature. Meanwhile, environmental economic literature has swelled to a large stream of articles in journals of different signature. As a result, a coherent economic view of the phenomenon ofenvironmental degradation has emerged. Several kinds of 'green' public policies and their impacts on both nature and the performance of the economy have been analysed. The feasibility ofspecific types of policy has also been discussed. The aim of the book is to provide an insight into the ways economists analyse the problems ofenvironmental pollution and the depletion ofnatural resource. To this purpose a number of articles have been selected. Some of them have a fundamental character, others an applied nature and are foremost, practically oriented. The presentation of the collection emphasizes our belief that economists are able to deliver an essential contribution to the design of policies to protect nature. It is clear that 'nature' and 'environment' may no longer be regarded as 'free gifts' to society. Rather, they have to be seen as scarce resources, and environmental disruption and resource depletion as allocation problems. Ifa natural resource is scarce, a price must be charged in accordance with the degree ofscarcity since otherwise society will be confronted with misallocations. In this connection there are two topics which are of particular interest to economists.
Book Synopsis High-Technology Development in Regional Economic Growth by : Byung-Rok Choi
Download or read book High-Technology Development in Regional Economic Growth written by Byung-Rok Choi and published by Routledge. This book was released on 2019-06-04 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. Korea has had considerable success in developing its high technology industries and these have become significant employers in this region. By analysing the situation in Korea, this book explores the effects of dynamic externalities on the growth of regional employment in the high-technology industries. It puts forward innovative simultaneous equation models to test three sets of hypotheses related to so-called 'Jacobs', and 'MAR' effects, differentiated by firm size, organizational type and product. Clear evidence is found for endogenous technological progress marked by positive feedback, especially for small firms in diversified high-technology enclaves. There are technological externalities associated with knowledge spillovers, and local employment has indirect effects on employment growth via dynamic externalities. The implications for local economic development policy are outlined in a concluding section. -
Book Synopsis Externalities and Public Expenditure Theory by : James M. Buchanan
Download or read book Externalities and Public Expenditure Theory written by James M. Buchanan and published by . This book was released on 2001 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his foreword, Geoffrey Brennan states, "The papers in this volume represent a coherent set of pieces focused on aspects of public-expenditure theory and constitute all of Buchanan’s papers in this area.” Buchanan’s work on the subject of what governments should do and his insistence on Knut Wicksell’s ideal that taxation and public expenditure be integrated topics have contributed significantly to the current thinking of most economists on the topic. Geoffrey Brennan summarizes Buchanan’s central themes in this way, "There are two messages that emerge from this work: one is that a proper sense of the extent of market failure, rather than its mere presence, is relevant in all cases; the other is that 'correcting’ for such market failure is often a complex multidimensional business not captured by direct public provision at zero price and not necessarily involving expansion of market output.” The twenty-nine papers represented in this volume are grouped into these major subject categories: 1.Public Services and Collective Action 2.Externalities 3.Clubs and Joint Supply 4.Public Goods Theory 5.Applications--City, Health, and Social Security 6.Distributive Norms and Collective Action This volume also includes what are arguably Buchanan’s two most famous articles: "Externality,” which he wrote with William Stubblebine, and "Economic Theory of Clubs.” James M. Buchanan is an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and is considered one of the greatest scholars of liberty in the twentieth century. ERRATA Unfortunately, after this book had been printed and bound, it was discovered that, due to a production error, the index contained some erroneous page numbers. Please click on the pdf file below to obtain the corrected index that should replace the index bound into the back of the book. When this volume goes back to press for a second printing, the index will be updated with the pages in this pdf file, and we will be pleased to send all buyers of the erroneous Volume 15 a corrected copy of the book at no extra charge. Click here for a pdf file of the corrected index. The entire series will include: Volume 1: The Logical Foundations of Constitutional Liberty Volume 2: Public Principles of Public Debt Volume 3: The Calculus of Consent Volume 4: Public Finance in Democratic Process Volume 5: The Demand and Supply of Public Goods Volume 6: Cost and Choice Volume 7: The Limits of Liberty Volume 8: Democracy in Deficit Volume 9: The Power to Tax Volume 10: The Reason of Rules Volume 11: Politics by Principle, Not Interest Volume 12: Economic Inquiry and Its Logic Volume 13: Politics as Public Choice Volume 14: Debt and Taxes Volume 15: Externalities and Public Expenditure Theory Volume 16: Choice, Contract, and Constitutions Volume 17: Moral Science and Moral Order
Book Synopsis Economics in Two Lessons by : John Quiggin
Download or read book Economics in Two Lessons written by John Quiggin and published by Princeton University Press. This book was released on 2021-04-13 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1946, Henry Hazlitt's bestselling Economics in One Lesson has popularized the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everything. But one-lesson economics tells only half the story. It can explain why markets often work so well, but it can't explain why they often fail so badly--or what we should do when they stumble. Quiggin teaches both lessons, offering an introduction to the key ideas behind the successes--and failures--of free markets. He explains why market prices often fail to reflect the full cost of our choices to society as a whole. Two-lesson economics means giving up the dogmatism of laissez-faire as well as the reflexive assumption that any economic problem can be solved by government action, since the right answer often involves a mixture of market forces and government policy. But the payoff is huge: understanding how markets actually work--and what to do when they don't. This book unlocks the essential issues at the heart of any economic question. --From publisher description.
Book Synopsis The Dynamics of Knowledge Externalities by : Cristiano Antonelli
Download or read book The Dynamics of Knowledge Externalities written by Cristiano Antonelli and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book elaborates a new path dependent and localized growth theory based upon knowledge externalities by making two important contributions. Firstly, it elaborates the hypothesis that total factor productivity growth stems from pecuniary knowledge externalities that consist in the access to localized external knowledge, at costs that are below equilibrium levels. Secondly, it implements the economic analysis of complex dynamic systems with a novel approach to understanding the role of knowledge interactions and knowledge governance mechanisms in the generation of new technological knowledge within economic systems characterized by webs of interdependence.
Book Synopsis New Structural Economics by : Justin Yifu Lin
Download or read book New Structural Economics written by Justin Yifu Lin and published by World Bank Publications. This book was released on 2012-01-01 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an innovative framework to analyze the process of industrial upgrading and diversification, a key feature of economic development. Based on this framework, it provides concrete advice to development practitioners and policy makers on how to unleash a country's growth potential.
Book Synopsis The Economics of Two-way Interconnection by : Ulrich Berger
Download or read book The Economics of Two-way Interconnection written by Ulrich Berger and published by Peter Lang Publishing. This book was released on 2006 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction -- The basic model -- Linear pricing -- Nonlinear pricing -- The dynamics of market shares -- The coexistence puzzle.
Book Synopsis Urban Dynamics and Urban Externalities by : Y. Kanemoto
Download or read book Urban Dynamics and Urban Externalities written by Y. Kanemoto and published by Taylor & Francis. This book was released on 2013-10-08 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title combines reviews of two of the most important branches of urban economics: dynamics and externalities.
Book Synopsis Three Essays in Development and Transition Economics by : Stefano Paternostro
Download or read book Three Essays in Development and Transition Economics written by Stefano Paternostro and published by . This book was released on 2000 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Spirit of Green by : William D. Nordhaus
Download or read book The Spirit of Green written by William D. Nordhaus and published by Princeton University Press. This book was released on 2021-05-18 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a Nobel Prize–winning pioneer in environmental economics, an innovative account of how and why “green thinking” could cure many of the world’s most serious problems—from global warming to pandemics Solving the world’s biggest problems—from climate catastrophe and pandemics to wildfires and corporate malfeasance—requires, more than anything else, coming up with new ways to manage the powerful interactions that surround us. For carbon emissions and other environmental damage, this means ensuring that those responsible pay their full costs rather than continuing to pass them along to others, including future generations. In The Spirit of Green, Nobel Prize–winning economist William Nordhaus describes a new way of green thinking that would help us overcome our biggest challenges without sacrificing economic prosperity, in large part by accounting for the spillover costs of economic collisions. In a discussion that ranges from the history of the environmental movement to the Green New Deal, Nordhaus explains how the spirit of green thinking provides a compelling and hopeful new perspective on modern life. At the heart of green thinking is a recognition that the globalized world is shaped not by isolated individuals but rather by innumerable interactions inside and outside the economy. He shows how rethinking economic efficiency, sustainability, politics, profits, taxes, individual ethics, corporate social responsibility, finance, and more would improve the effectiveness and equity of our society. And he offers specific solutions—on how to price carbon, how to pursue low-carbon technologies, how to design an efficient tax system, and how to foster international cooperation through climate clubs. The result is a groundbreaking new vision of how we can have our environment and our economy too.
Book Synopsis Beyond Accumulation and Technical Progress by : Stefano Bartolini
Download or read book Beyond Accumulation and Technical Progress written by Stefano Bartolini and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The traditional explanation of growth based on the primum and secundum movens of accumulation and technical progress, faces two major empirical anomalies. Why do people work so much i.e. why do they strive so much for money? The growth literature provides no answer to these question, nor to the further and very important one of why people are so unhappy. Moreover, finding a joint answer to the two questions seems particularly puzzling. Why do people strive so much for money if money cannot buy happiness? I argue that the solution to this 'paradox of happiness' can be provided by including in the theory a tertium movens of growth: negative externalities. These externalities can be of two kinds. The first are positional externalities, i.e. those due the fact that individuals may be interested in relative not absolute position. The second kind of negative externalities are those which reduce free goods. Some recent models, both evolutionary or with optimising agents, show the role of these externalities as an engine of growth. This approach emphasises that the growth process generates extensive negative externalities which reduce the capacity of the social and natural environment to furnish free goods. In these models individuals have increasingly to rely on private goods in order to prevent a reduction in their well-being or in their productive capacity due to decline in social and natural capital. This generates an increase in output which feeds back into the negative externalities, giving rise to a self-reinforcing mechanism whereby growth generates negative externalities and negative externalities generate growth. According to these models, growth appears to be a substitution process whereby free final (or intermediate) goods are progressively replaced with costly goods in the consumption (or production) patterns of individuals. From the point of view of this GASP (Growth As Substitution Process) models the two anomalies of growth theory are two sides of the same coin. People strive so much for money because they have to defend themselves against negative externalities: they work so much in order to substitute free goods with costly ones. But an increase in income does not improve their happiness because it involves a process of substitution of free goods costly ones. Some implications for environmental economics are drawn.
Book Synopsis Economic Development and Planning by : Spencer Rogers & Sammy Gentry
Download or read book Economic Development and Planning written by Spencer Rogers & Sammy Gentry and published by Scientific e-Resources. This book was released on 2018-04-07 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic development transforms a traditional dual-system society into a productive framework in which everyone contributes and from which receives benefits accordingly. Economic development occurs when all segments of the society benefit from the fruits of economic growth through economic efficiency and equity. Economic efficiency will be present with minimum negative externalities to society, including agency, transaction, secondary and opportunity costs. An economic development plan is a carefully built framework that's long-term in scope. It's used to help communities across diverse situations. When planning for economic development, the goal is to create and maintain a strong, vibrant local economy. Local government economic development planning is part of a region's overall economic development strategy and involves intergovernmental coordination. The economic development plan provides a comprehensive overview of the economy, sets policy direction for economic growth, and identifies strategies, programs, and projects to improve the economy. Economic planning, the process by which key economic decisions are made or influenced by central governments. It contrasts with the laissez-faire approach that, in its purest form, eschews any attempt to guide the economy, relying instead on market forces to determine the speed, direction, and nature of economic evolution. Finally, the author reminiscences on the excitement that was aroused during the initial period of development planning as well as decline in the expectations from the planning process and its importance. This book imparts the basic information about the economic development and planning of the world.
