EconPapers    
Economics at your fingertips  
 

Productive Base Sustainability under Climate Change: Theoretical Results and Empirical Evidence

Dimitra Vouvaki () and Anastasios Xepapadeas

No 2009-11, Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: Climate change is one of the most urgent and severe problems on the international agenda and one of the basic factors that determine sustainability conditions. This paper attempts to reveal the connection between productive base sustainability for two large groups of countries, developed and developing, and the state of the environment, which is proxied by the stock of carbon dioxide (CO2) which is mostly responsible for the creation of the global warming phenomenon. Three different policy scenaria for the evolution of global CO2 emissions empirically con.rm the strong association between the state of the environment and productive base sustainability, and provide the foundations for the formulation of sustainability policy.

Keywords: Productive base sustainability; current change in social welfare; accounting prices; non-optimizing economies (search for similar items in EconPapers)
JEL-codes: Q01 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-ene, nep-env and nep-res
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.economics-ejournal.org/economics/discussionpapers/2009-11
https://www.econstor.eu/bitstream/10419/27492/1/dp2009-11.pdf (application/pdf)

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:zbw:ifwedp:7490

Access Statistics for this paper

More papers in Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

 
Page updated 2025-03-24
Handle: RePEc:zbw:ifwedp:7490