The Global Environment, Natural Resources, and Economic Growth
Semmler, Willi Professor of Economics, New School University
Greiner, Alfred Professor of Business Administration and Economics, Bielefeld University
Print publication date: 2008 (this edition)
Published to Oxford Scholarship Online: September 2008
Print ISBN-13: 978-0-19-532823-3
doi:10.1093/acprof:oso/9780195328233.003.0012
11 A Model with Optimizing Agents
Alfred Greiner
Willi Semmler
This chapter examines a model of endogenous growth and climate change assuming optimizing agents. It discusses the competitive economy, the social optimum, and the modeling of nonlinear feedback effects of the rise in temperature.
Keywords: economic model, endogenous growth, climate change, social optimum,
doi:10.1093/acprof:oso/9780195328233.003.0012
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Contents
 
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Full Book Contents
Preface
Introduction
PART I The Environment and Economic Growth
1 Introduction and Overview
2 The Basic Economic Model
3 Growth and Welfare Effects of Fiscal Policy
4 The Dynamics of the Model with Standard Preferences
5 Pollution as a Stock
6 Concluding Remarks
PART II Global Warming and Economic Growth
7 Introduction and Overview
8 Facts on GHG Emissions and the Change in Average Global Surface Temperature
9 A Descriptive Model of Endogenous Growth
10 The AK Endogenous Growth Model
11 A Model with Optimizing Agents
12 Concluding Remarks
PART III Depletion of Resources and Economic Growth
13 Introduction and Overview
14 Nonrenewable Resources
15 Renewable Resources
16 Regulation of Resources
17 Conclusion
Appendix
Bibliography
Index
 
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