Economic Theory and Global Warming

By Hirofumi Uzawa | Go to book overview
Save to active project

Global Warming and Forests


In this chapter, we further develop the economic analysis of global warming, focusing our attention on the role played by terrestrial forests in moderating processes of global warming, on the one hand, and in affecting the level of the welfare of people in the society by providing a decent and cultured environment, on the other. As in the previous chapters, we are primarily concerned with examining those time patterns of economic development that are either dynamically optimum or sustainable with respect to both the atmospheric environment and the market economy. The analysis we have developed so far is already complicated enough that the introduction of another factor would make the problems extremely difficult to handle. Therefore, we would like to keep our discussion simple enough to derive relevant theoretical conclusions and policy proposals while still reflecting the crucial characteristics of global warming. To make the discussion as self-contained and heuristic as possible, we would like, at the risk of repetition, to describe the premises of the model in full detail and to explain each deductive step thoroughly.

The analysis of the simple, dynamic model of global warming introduced in this chapter leads us to those institutional arrangements and policy measures that are effective in stabilizing the atmospheric concentration of greenhouse gases with minimal governmental intervention into private economic activities. Our analysis will guarantee that


Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Cite this page

Cited page

Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited page

Bookmark this page
Economic Theory and Global Warming


Text size Smaller Larger
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen
/ 279

matching results for page

Cited passage

Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?