Economic Models of Climate Change

A Critique

Authors: DeCanio, S.

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About this book

The climate policy debate has been dominated by economic estimates of the costs of policies to reduce greenhouse gas emissions. Yet the models used to derive those estimates are based on assumptions that have largely gone untested. The conventional approach embodies structural features that rule out alternative market outcomes. In addition, the distribution of 'climate rights' is crucial to determining the economic affects of various policies. Bringing these considerations to the forefront shows how domestic and international policy solutions might be found.

About the authors

STEPHEN J. DECANIO is Professor of Economics at the University California, Santa Barbara. He received his Ph.D. in Economics from the Massachusetts Institute of Technology and taught at Yale University before going to UCSB. He was recipient of the U.S. Environmental Protection Agency's Stratospheric Ozone Protection Award in 1996.

Reviews

'... A wonderful exploration of the limitations of all economic forecasting models ... And is enormously helpful for determining when economic results are credible... DeCanio's book is the first I've seen to analyze this issue in a comprehensive way...' - Ecological Economics


Table of contents (6 chapters)

Table of contents (6 chapters)
  • An Overview of the Issues

    DeCanio, Stephen J.

    Pages 1-15

  • The Representation of Consumers’ Preferences and Market Demand

    DeCanio, Stephen J.

    Pages 16-57

  • The Treatment of Time

    DeCanio, Stephen J.

    Pages 58-93

  • The Representation of Production

    DeCanio, Stephen J.

    Pages 94-125

  • The Forecasting Performance of Energy-Economic Models

    DeCanio, Stephen J.

    Pages 126-152

Buy this book

eBook $64.99
price for USA (gross)
  • ISBN 978-0-230-50946-7
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $169.99
price for USA
  • ISBN 978-1-4039-6335-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $84.99
price for USA
  • ISBN 978-1-4039-6336-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Economic Models of Climate Change
Book Subtitle
A Critique
Authors
Copyright
2003
Publisher
Palgrave Macmillan UK
Copyright Holder
Palgrave Macmillan, a division of Macmillan Publishers Limited
eBook ISBN
978-0-230-50946-7
DOI
10.1057/9780230509467
Hardcover ISBN
978-1-4039-6335-2
Softcover ISBN
978-1-4039-6336-9
Edition Number
1
Number of Pages
XIII, 203
Topics