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- W2565087235 abstract "This research focuses on the use of dynamic optimisation modelling techniques todescribe the interactions between the economy and the environment.The environment not only provides us with economical1y valuable resources butalso provides us ,with many essential services that support human welfare. Overexploitationof these resources and the destruction of the natural environment notonly affects human welfare but may severely limit future production possibilities.For natural resources to continue to be inputs to production and to ensure equalaccess to environmental services by future generations, all ecological systems mustremain in operation. The issue is how we treat our natural resources so that wehave a sustainable economy.In this thesis, models are formulated that combine the economic andenvironmental processes. Current environmental concerns are incorporated intothe framework of economic optimisation problems. The issues addressed are:1. The competition for land of preservation and development. What is the optimalbalance between the two?2. Pollution from production can have negative effects on the environme~t. Thisin turn can affect the economy through diminished resource supply. What isviii the optimal use of these environmental resources so that we can sustain ourproductive capabilities?3. Carbon emissions need to be controlled. A tax on emissions would encourageswitching away from carbon intensive fuels. How should this tax behave overtime - should it rise or fall?4. With increasing populations, resources are being used up dramatically. Canwe get to a point where the economy can be sustained while maximising humanwelfare?5. What happens to a private firm's output decisions when it has to conform toenvironmental regulations?The models are useful for studying sustainable development in that they provideus with the steady state relations of a sustainable economy and, in some cases, theshort run dynamics." @default.
- W2565087235 created "2017-01-06" @default.
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- W2565087235 date "1996-01-01" @default.
- W2565087235 modified "2023-09-24" @default.
- W2565087235 title "Essays in environmental and natural resource economics as a contribution to sustainable development." @default.
- W2565087235 hasPublicationYear "1996" @default.
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