An integrated approach to climate change, income distribution, employment, and economic growth

Taylor L, Rezai A, & Folley DK (2016). An integrated approach to climate change, income distribution, employment, and economic growth. Ecological Economics 121: 196-205. DOI:10.1016/j.ecolecon.2015.05.015.

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Abstract

A demand-driven growth model involving capital accumulation and the dynamics of greenhouse gas (GHG) concentration is set up to examine macroeconomic issues raised by global warming, e.g. effects on output and employment of rising levels of GHG; offsets by mitigation; relationships among energy use and labor productivity, income distribution, and growth; the economic significance of the Jevons and other paradoxes; sustainable consumption and possible reductions in employment; and sources of instability and cyclicality implicit in the two-dimensional dynamical sysem. The emphasis is on the combination of biophysical limits and Post-Keynesian growth theory and the qualitative patterns of system adjustment and the dynamics that emerge.

Item Type: Article
Uncontrolled Keywords: Demand-driven growth; climate change; demand and distribution; energy productivity; labor productivity; employment
Research Programs: Risk, Policy and Vulnerability (RPV)
Risk & Resilience (RISK)
Bibliographic Reference: Ecological Economics; 121:196-205 [January 2016] (Published online 13 June 2015)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 08:54
Last Modified: 13 Jun 2017 03:00
URI: http://pure.iiasa.ac.at/11698

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