Progress in the Research of Environmental Macroeconomics

Muchuan Niu, Sheng Zhang, Nannan Zhang, Zuhui Wen, Meng Xu and Yifu Yang
Additional contact information
Muchuan Niu: School of Environment & Natural Resources, Renmin University of China, Beijing 100872, China
Sheng Zhang: School of Environment, Tsinghua University, Beijing 100190, China
Nannan Zhang: School of Marxism, Party School of the Central Committee of CPC, Beijing 100091, China
Zuhui Wen: School of Environment & Natural Resources, Renmin University of China, Beijing 100872, China
Meng Xu: Department of Mathematics, School of Science, Beijing Jiaotong University, Beijing 100044, China
Yifu Yang: School of Environment & Natural Resources, Renmin University of China, Beijing 100872, China

Sustainability, 2022, vol. 14, issue 3, 1-13

Abstract: This review systematically introduces the current main research directions of environmental macroeconomics. Environmental macroeconomics research aims to study the relationship between economic development and the ecological environment and ultimately achieve green outcomes. At the same time, maintaining a moderate economic scale within the environmental setting is vital to get rid of excessive dependence on economic growth. This review draws on the traditional macroeconomics framework, focusing on economic growth, the economics of climate, economic policy, work, consumption, technological progress, industrial structure, and other topics. Although most studies have highlighted the importance of environmental issues, few empirical analyses combine environmental policy with economic policy, production, consumption, climate change, etc., and theories such as ecological, technological progress, business cycle, and environmental policy lack the necessary practical support. It is, therefore, difficult to put forward appropriate and measurable policy recommendations. Environmental macroeconomics is still a relatively new field of research, the theoretical system has flaws, and innovations in models still need to be improved. We suggest that environmental policy formulation be placed in a dynamic general equilibrium framework.

Keywords: environmental macroeconomics; environment and economic growth; economic policies; environmental Kuznets curve (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.mdpi.com/2071-1050/14/3/1190/pdf (application/pdf)
https://www.mdpi.com/2071-1050/14/3/1190/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:3:p:1190-:d:729835

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().