Economic Analysis of Environmental Problems

This book introduces the basic tools of dynamic optimization in economics to study environmental problems, applies econometric methods to estimate and test the models derived by dynamic optimization, and discusses environmental problems in a broad perspective, including the design and implementation of environmental policies. Although the coverage is selective, it represents what the author has to offer from his perspective and experience gained in research in dynamic optimization, econometrics and policy analysis, especially for China.

The volume is self-contained for readers with mathematical background of first-year graduate students in the analytical fields of science and engineering but only limited training in economics, while an economics text presumes more knowledge of economics. Once the tools are mastered, the reader can pursue his own research on the topic if he is interested, or simply become a more mature citizen in the global economy.

Contents:

• Environmental Economics: Basic Ideas and Analytical Methods
• China's Energy and Environmental Problems and Policies
• Optimal Path for CO2 Emission to Control Global Warming
• Macroeconomic Models Incorporating the Effect of Pollution
• Stochastic Models to Study the Effect of Climate Change
• Parameter Uncertainty in Models of Global Warming
• Regional Differences in Environmental Policies
• Macroeconomic Models to Explain Pollution and Environmental Protection
• Use of Emission Permits
• Environmental Kuznets Curve
• Clean Energy and International Efforts to Solve Environmental Problems

Readership: Academics, professionals, graduate students involved in the environmental economics.
Key Features:

• Exposition of the subject is new
• Coverage is broad
• Presentation is self-contained for readers with suitable mathematical background