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ECONOMIC ANALYSIS AND POLICIES FOR ENVIRONMENTAL PROBLEMS
Author(s) -
CHOW GREGORY C.
Publication year - 2011
Publication title -
pacific economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.34
H-Index - 33
eISSN - 1468-0106
pISSN - 1361-374X
DOI - 10.1111/j.1468-0106.2011.00551.x
Subject(s) - economics , china , economic analysis , control (management) , environmental policy , resolution (logic) , environmental pollution , policy analysis , public economics , macroeconomics , natural resource economics , political science , computer science , environmental protection , environmental science , classical economics , management , artificial intelligence , law
This article explains how economic analysis can be applied to understand environmental problems and to suggest appropriate policies to deal with these problems. Economic analysis is performed using static and dynamic models, and one‐person and several‐person game theoretical models. Policy recommendations include the control of industrial pollution in China and the regulation of world CO 2 emission through the application of a resolution by the United Nations.