Economic Growth and the Environment: An Empirical AnalysisIs economic growth good for the environment? A number of economists have claimed that economic growth can benefit the environment, recruiting political support and finance for environmental policy measures. This view has received increasing support since the early 1990s from empirical evidence that has challenged the traditional environmentalist's belief that economic growth degrades the environment. This book reviews the theoretical and empirical literature on growth and the environment, giving an in-depth empirical treatment of the relationship between the two. Various hypotheses are formulated and tested for a number of indicators of environmental pressure. The test results indicate that alternative models and estimation methods should be used, altering previous conclusions about the effect of economic growth on the environment and offering an insight into the forces driving emission reduction in developed countries. |
Contents
5 | |
Theories and concepts | 15 |
Interactions between economic and environmental systems | 41 |
issues | 57 |
77 | 79 |
Short and longterm effects of economic growth on pollution | 121 |
of the environmental rate of return | 132 |
Chapter 9 | 163 |
Driving forces underlying reductions in sulphur emissions | 185 |
Industrial restructuring and the reduction of heavy metal emissions | 201 |
Conclusions | 220 |
231 | |
Other editions - View all
Economic Growth and the Environment: An Empirical Analysis Sander M. de Bruyn No preview available - 2012 |
Common terms and phrases
aggregated argued Bruyn cadmium cadmium emissions Chapter coefficients cointegration decline decomposition analysis decrease delinking dematerialisation developed economies driving forces ecological economic growth economic models ecosystem emission coefficients emission intensities emission/output ratio emissions and income energy consumption energy prices environment environmental impacts environmental Kuznets curve environmental policy environmental pressure environmental problems environmental quality environmentally relevant scale estimated example explained Figure growth and environmental growth rates heavy metal emissions hypothesis implies increase indicators industrial transformation influence inputs integrated investigated Jänicke Kuznets curve limits to growth long-term materials and energy natural capital Netherlands North Rhine-Westfalia OECD Opschoor Pareto optimality perspective production share reductions regression relationship between economic relationship between income Ruhr area scarcity Section sectors SO2 emissions statistical structural change structural effect studies sulphur emissions sustainable development system-analytical Table technological change tests throughput trend unit root United Kingdom variables various welfare West Germany