Learning and stock effects in environmental regulation: the case of greenhouse gas emissions

Article Abstract:

The controversy on whether the nature of greenhouse gas emissions and sunk control costs affect the decision-making process on the control of greenhouse gases is examined in a stochastic growth model. Factors considered in the model include the net present value of utility, consumption identity, production function, damage from climate change and sunk nature of abatement. It is concluded that there was no significant relationship between greenhouse gas accumulation and the stock effect and that there is a small stock effect related to sunk control capital.

Author: Kolstad, Charles D.
Models, Laws, regulations and rules, Environmental economics, Greenhouse gases, Environmental protection

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Malthus and climate change: betting on a stable population

Article Abstract:

Research is presented concerning the influence of the decreasing rate of growth of global productivity and population on integrated assessment models of climate change. The abatement of greenhouse gases is discussed.

Author: Kolstad, Charles D., Kelly, David L.
Environmental Management, Influence, Demographic aspects, Climatic changes, Climate change, Industrial productivity, Population forecasting

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Energy and depletable resources: economics and policy, 1973-1998

Article Abstract:

Issues concerning the effectiveness of papers published between 1973 and 1998 in the 'Journal of Environmental Economics and Management' on the subject of energy and depletable resources are presented.

Author: Kolstad, Charles D.
Management, Natural resources, Power resources

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Subjects list: Research
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