GHG Emissions and Economic Growth: A Computable General Equilibrium Model Based Analysis for India (India Studies in Business and Economics)

Amazon.com Price: $69.95 (as of 11/10/2019 08:12 PST- Details)

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Description

Issues linking climate change and economic growth are now at the centre of discussions regarding development strategies especially in the context of developing countries. This book contributes by analyzing the relationship between economic growth and GHG emissions in India with explicit reference to all major economic sectors. One of the vital popular tools for macroeconomic policy analysis is Social Accounting Matrix (SAM). The book presents the methods and estimates of the contemporary Social Accounting Matrix (SAM) for India, which provides a major data base describing the complete circular go with the flow of source of revenue and input-output transactions a number of the sectors of the economy. The novelty of the book lies in the truth that for the first time a SAM has been prepared for the Indian economy with environmental indicators. A detailed methodology for constructing such an extended SAM could also be presented in the book. The environmental social accounting matrix (ESAM) based analysis has been included to show direct and indirect links between economic growth and GHG emissions. The book also includes analysis of factors affecting historical GHG emissions trends in India. The book goes beyond SAM and applies computable general equilibrium (CGE) modelling to derive climate-change policy analysis and simulations. This CGE-based analysis is crucial contribution to the current debate surrounding carbon tax and its conceivable affect on macroeconomic growth.

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