Economic Theory and Global Warming

By Hirofumi Uzawa | Go to book overview

Summary and Concluding Notes

STATIC ANALYSIS OF GLOBAL WARMING

In the static context with which Chapters 1, 2, and 3 are concerned, we have postulated that the welfare effect of global warming is measured in relation to the total quantity of CO2 emitted annually into the atmosphere, where the dependency on the stock of CO2 accumulated in the atmosphere is not explicitly brought out. Each greenhouse gas is so measured as to equate the greenhouse effect with the activity of carbon dioxide, and our model is formulated so that carbon dioxide is the only chemical agent that has a greenhouse effect. The behavior of individual countries is expressed in the aggregate by two representative economic agents: the consumers who are concerned with the choice of economic activities related to consumption and the producers who are in charge of the choice of technologies and scale of productive activities.

The economic welfare of each country ν is represented by the utility function

where cν is the vector of goods consumed in country ν and a is the aggregate of CO2 emissions aν of individual countries ν in the world:

-241-

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.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

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

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Economic Theory and Global Warming
Table of contents

Table of contents

  • Title Page *
  • Contents v
  • List of Tables and Figures vii
  • Preface ix
  • Introduction - Global Warming: Problems and Perspectives 1
  • 1 - Global Warming and Carbon Taxes 22
  • 2 - Pareto Optimality and Social Optimum 60
  • 3 - Global Warming and Tradable Emission Permits 92
  • 4 - Dynamic Analysis of Global Warming 115
  • 5 - Dynamic Optimality and Sustainability 138
  • 6 - Global Warming and Forests 169
  • 7 - Global Warming as a Cooperative Game 193
  • Summary and Concluding Notes 241
  • References 261
  • Index 275
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
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?

Full screen
/ 279

matching results for page

Cited passage

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

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

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.