Questions tagged [environmental-economics]
The application of economics to issues in the natural environment; especially concerning climate change.
83
questions
16
votes
6
answers
4k
views
Why aren't we seeing carbon taxes in practice?
(See also a version of this question under politics, https://politics.stackexchange.com/questions/48764/why-arent-we-seeing-carbon-taxes-in-practice)
It seems that there are many advantages to carbon ...
- 305
9
votes
2
answers
5k
views
Does recycling lead to fewer jobs?
Say I buy a glass bottle, I can either put it in the landfill or recycle it.
My understanding is, glass will breakdown into sand. (Not sure how well though, since we sometimes find glass from Roman ...
- 285
9
votes
4
answers
886
views
Limits to Growth: Is environmental collapse by 2030 a likely scenerio?
According to a simulation from 1972, the results of which were published in 'The Limits to Growth' environmental collapse is due mid 21st century. The Guardian reports that Dr. Graham Turner reran the ...
- 111
9
votes
1
answer
546
views
Generalization of the Heckscher-Ohlin Model
The Heckscher-Ohlin Model is normally presented for the case of 2 countries, 2 factors of production and 2 traded goods, leading to statements that, subject to free trade and various other assumptions:...
- 8,584
8
votes
1
answer
349
views
A market correction for an industry which has had long-run negative externalities
Take a market where there have been long-run negative externalities. That is to say, the negative externalities have been in place long enough to have played a part in the investment decisions for all ...
- 8,168
8
votes
1
answer
172
views
What models exists for explaining the price of nonrenewable resources?
It seems to me that the seminal model for the price of nonrenewable resources is Hotelling's rule. However, as the Wikipedia article describes, Hotelling's rule has empirically performed poorly. I ...
- 9,355
7
votes
2
answers
971
views
Could a Cap-and-Trade and a Carbon Tax both work together as a system to reduce carbon emissions?
For example, the European Union currently has a Carbon Emissions Trading Scheme in progress the ETS which acts to cap the amount of carbon dioxide released by large corporations. However, let us ...
- 173
7
votes
1
answer
532
views
What is William Nordhaus' contribution to the economics of climate change?
I'm trying to understand more about the economic repercussions of climate change. I'm unfamiliar with the specifics of the work of William Nordhaus, but it's been predicted in several instances that ...
- 9,355
6
votes
3
answers
1k
views
Is climate change an economic question?
The assumption that the Keeling Curve can be approximated with a function
$$k=A+B\cdot e^{\alpha t}$$
leads to a solution with $A=258.6$, $B=4,243\cdot 10^{-13}$ and $\alpha=0.0166$ with a high ...
- 163
6
votes
2
answers
360
views
Does Abatement Cost Mean Cost of Reducing Emissions with Output Held Constant?
In the economics of pollution control, frequent reference is made to 'abatement cost' and/or 'marginal abatement cost'. Is it normally implicit in the use of these terms in economics that output is ...
- 8,584
6
votes
1
answer
144
views
Pricing a negative externality under high uncertainty and severe non-linearity
Take a negative externality such as excess greenhouse gas emissions.
We know some awkward things about the economic cost of this externality:
There is fairly large uncertainty about the timing of ...
- 8,168
5
votes
2
answers
145
views
Is ongoing economic growth possible without additional non-renewable inputs?
Can ongoing economic growth occur without use of additional non-renewable inputs? That is, any additional inputs would only be from renewable resources: all non-renewable resources would be reused, ...
- 1,133
5
votes
3
answers
726
views
Positive externalities of cars - free seats on public transport
I was in a discussion about externalities surrounding private and public transport.
Someone argued that by taking a car they are creating a positive externality by not taking up a seat on a bus or ...
- 405
5
votes
2
answers
246
views
Is a strong foundation in advanced microeconomic theory essential to study environmental economics at the graduate level?
Advanced theory of individual economic behaviour in production, consumption, and general equilibrium. Are these topics useful to study environmental economics a the graduate level, or is there not a ...
- 502
5
votes
1
answer
88
views
Universal carbon price
To pre-face this, I am not an economist by education. Recently I have read a significant number of policy papers concerning climate change that make the claim, a priori, that a universal carbon price ...
- 385
5
votes
1
answer
60
views
A growth model with regime switch
I have a very general question. I am reading this paper :
http://www.webmeets.com/files/papers/eaere/2015/177/Discounting-HelsinkiBlind.pdf
There is a catastrophic event probability and after the ...
- 2,153
5
votes
2
answers
118
views
Economics in nature?
Unsure if this is off topic but have there been any attempts to look at the "economics of nature"? I mean this in the sense of measuring the "economic activities" of the animal kingdom.
From ...
- 8,487
5
votes
1
answer
244
views
Adjusting GDP for Environmental and Resource Impacts
It is widely recognised that GDP as conventionally measured does not reflect an economy’s impact on the environment and its consumption of natural resources. There have been various attempts to ...
- 8,584
5
votes
4
answers
169
views
Is the international economic system too chaotic to "work towards" carbon emission reduction
I often get frustrated when I read calls to action on climate change. It goes something like this: "Solutions are within reach - but we must act now!"
If one assumes that the international ...
- 502
5
votes
0
answers
732
views
Public Bads and Non-Excludability
The term "public bad" is sometimes used for "goods" which, like public goods, are non-excludable and non-rival, but which tend to lower rather than raise welfare. Air pollution is an example.
For a ...
- 8,584
5
votes
0
answers
70
views
Empirical evidence on what makes a border adjustment successful at correcting a distortion without exporting externalities?
One of the challenges of constructing a national or regional market-correction scheme to remove the distortions from negative externalities, is that such a scheme is liable to create leakage: for ...
- 8,168
4
votes
2
answers
60
views
Data: Attitude towards global warming
I'm interested in data that reveals public opinion towards global warming in the US.
It'd be best to have a time dimension to it, but I'm interested in data from around the year 2000. Since it is ...
- 10.7k
4
votes
2
answers
59
views
Sources on Border Carbon Adjustment
A large number of US economists have signed a Statement on Carbon Dividends, advocating a revenue neutral carbon tax as the best policy measure to reduce carbon emissions and so mitigate climate ...
- 8,584
4
votes
2
answers
114
views
why don't we also pay money to industries that have a negative carbon footprint?
I understand that taxes (Pigovian taxes) can be used to steer the economy in a certain way. For example, if you increase the taxes on things related to cigarettes, the price increase will decrease the ...
- 280
4
votes
1
answer
109
views
Effectiveness of recycling (consumer PET) plastic
Is recycling plastic, all things considered, efficient as compared to disposing of them and making new plastic?
I'm looking in efficiency rates in free market environment and also full process of ...
4
votes
0
answers
23
views
Is there a standard density-dependent calculation method for demographic extrapolations?
In trying to come up with a method of evaluating the damage from pollution, I did not see a "demography" site or "population dynamics" site so I am not sure where else to ask this. ...
- 51
4
votes
0
answers
45
views
Economic valuation of green spaces using GIS
I was wondering if there are any standard methods that are employed to obtain insight of the economic value of tree cover in a particular area. I assumed using negative difference vegetation index ...
- 253
3
votes
1
answer
112
views
Is undervaluing environmental impact a subsidy?
This is in relation to a recent question on skeptics which to me seems to broil down to whether you accept that form of accounting, i.e. consider undervaluing environmental impact a hidden subsidy.
...
3
votes
2
answers
127
views
Are Parameter Estimates Unbiased If the Dependent Variable is a Per Capita Rate Based on Approximate Population Data?
Suppose we want to estimate a model:
$Y_i = \beta_0 + \beta_1X_i + \epsilon_i\tag{1}$
where the $Y_i$ are averages or rates per capita for geographical regions or zones, so that if $Z_i$ is the ...
- 8,584
3
votes
1
answer
84
views
How does fuel tankering save airlines money
The aviation industry practice of fuel-tankering has been in the news recently. As the BBC describes it: "planes are filled with extra fuel, usually to avoid paying higher prices for refuelling at ...
- 271
3
votes
1
answer
169
views
Dynamic Optimization : Resource Stock as a Sink
I think about a dynamic problem where social planner maximizes the following utility ;
$$\underset{c\left(t\right)}{max}\int_{0}^{\infty}u\left(c\left(t\right)\right)e^{-\rho t}$$
subject to two ...
- 2,153
3
votes
0
answers
48
views
Does consumer demand in the secondhand market actually affect the firsthand market for high-cost goods
In the 21st Century, there is an increasing consumer awareness of the externalities of manufacturing and along with it a stronger consumer preference to buying used goods rather than new.
My question ...
- 31
3
votes
0
answers
66
views
Effect on Price of Emissions Permits of Progressively Reducing the Cap on Emissions in an Emissions Trading Scheme
Suppose that, in order to address climate change, a country has an emissions trading scheme comprising the following elements:
The scope of the scheme is defined to include most industries that ...
- 8,584
3
votes
0
answers
187
views
Reference Request: Cost Benefit Analysis of Conversion of Undeveloped Land for Housing
London is surrounded by a "green belt", a large area which government policy has protected from housing development. The current high cost of housing in London has led some to advocate a selective ...
- 8,584
2
votes
2
answers
140
views
Help me find again a paper I saw which calculated a high social cost of carbon
A month or two ago I came across a paper which calculated the social cost of carbon taking into account that less well off countries would be disproportionately affected by climate change, leading to ...
- 153
2
votes
2
answers
368
views
List of behavioral economists [closed]
Even though there is a massive literature on behavioral economics, i couldn't find anywhere a list of economist that focus on that discipline.
Since i am interested in environmental economics, i ...
- 189
2
votes
1
answer
104
views
Is my reasoning about economic growth and environmental sustainability correct?
Below is my attempt to answer question "Can we have economic growth and environmental sustainability?".
Please correct me if I got something wrong in my reasoning.
Let's see what is counted as ...
- 1,133
2
votes
1
answer
22
views
International emissions trading
As far as I have understood emission right certificates are some kind of currency. Each company may emit as much of say CO2 as its certificates allow. Certificates may be traded, i.e. bought and sold. ...
2
votes
2
answers
127
views
Recycling credits
My textbook says that sometimes producers are responsible for ensuring that their product is recycled. They are required to buy "credits" from firms that recycle their type of product. It says that ...
- 289
2
votes
1
answer
596
views
Has the "dismal theorem" practical implications?
The so-called "dismal theorem" asserts that we do not appropriately account for catastrophic scenarios which have very small probability of occurrence. It has been studied in details by Martin's ...
- 1,077
2
votes
1
answer
86
views
Indirect Impacts Of The Netherlands Cutting Greenhouse Emissions?
On 24 June 2015, the Dutch District Court in The Hague ruled that the government must put policies in place to deliver, by 2020, cuts in the country's greenhouse gas emissions of at least 25%, ...
- 163
2
votes
1
answer
176
views
Are they CO2 emission factors for primary energy consumption?
I'm searching for CO2 emission factors for primary energy consumption. What I mean by that is a table like the one below.
Primary Energy
CO2/kWh
Coal
.
Oil
.
Natural Gases
.
Nuclear
.
...
.
For ...
2
votes
1
answer
168
views
What is the relation among "welfare economics", "institutional economics", "environmental economics" and "neoclassical economics"
I'm doing research about environmental economics, being myself a beginner in the subject.
I got confused with the branches and subdivisions of the schools of thought.
Is environmental economics a ...
2
votes
1
answer
76
views
International Spillovers of environmental policies
I'm trying to put together a literature review of papers tackling the international spillovers of environmental policies, particularly theoretical contributions. I haven't been able to find much.
Any ...
- 361
2
votes
1
answer
99
views
Difference-in-difference robust to heterogeneous treatment effect - Gendron-Carrier et al. specification
I am trying to extend the results of Gendron-Carrier et al. (2022) article published in the American Economic Journal : Applied Economics which is about the effect of subway opening on pollution.
I ...
- 21
2
votes
1
answer
46
views
Macroeconomic formulas for global limited raw material economy exist?
Macroeconomics basic formulas are referring to a model in which the raw material are unlimited.
Also the efficiency of production is a consequence of the pressure done by consumers (that buy the most ...
- 21
2
votes
0
answers
47
views
Which are the principal economic barriers to a circular economy?
The discussion usually revolves around issues such as product design, cultural awareness, etc. I wonder what the fundamental economic barriers are.
I see a fundamental issue e.g. in transaction costs ...
- 841
2
votes
0
answers
117
views
Accounting for Fixed Effects
I am an undergraduate student working on environmental economics research. The econometric specification I am using is the following:
ln(Per.Capita.Dollars) = ln(Per.Capita.Dollars.lag) + Average....
- 21
2
votes
0
answers
516
views
MDF/MAC emissions and policies
Bear with me - this is a long question. But I did do few of the parts, but I'm posting it because it seems necessary that you know what I previously did. Sorry for the "length"! Answers are given in ...
2
votes
1
answer
144
views
What would the consequences of an economy-wide 500EUR/tonne carbon tax be?
I recently calculated that Finnish car owners effectively pay 500 EUR per every tonne of carbon dioxide emitted from the tailpipe of a car. This payment is caused by three taxes that are in practice ...
- 319