The likely environmental impact of the Scottish parliament's economic policies: an environmental computable general equilibrium analysis

G. Gillespie, P.G. McGregor, J.K. Swales, Y. Yin, Josefina Callicó López (Editor)

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The notion of sustainable development has begun to figure prominently in the regional, as well as the national, policy concerns of many industrialized countries. Indicators have typically been used to monitor changes in economic, environmental and social variables to show whether economic development is on a sustainable path. In this paper we endogenize individual and composite environmental indicators within an appropriately specified computable general equilibrium modelling framework for Scotland. In principle, at least, this represents a very powerful modelling tool that can inform the policy making process by identifying the impact of any exogenous policy change on the key endogenous environmental and economic indicators. It can also identify the effects of any binding environmental targets on economic activity.
Original languageEnglish
Title of host publicationInsumo-productum Regional Y Otras Aplicaciones
Publication statusPublished - 2003

Publication series

NameDivisión de Ciencias Sociales y Humanidades. Serie Economía.
PublisherUniversidad Autonoma Metropolitana

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Keywords

  • computable general equilibrium modelling
  • environmental indicators
  • sustainability policy
  • sustainable development

Cite this

Gillespie, G., McGregor, P. G., Swales, J. K., Yin, Y., & Callicó López, J. (Ed.) (2003). The likely environmental impact of the Scottish parliament's economic policies: an environmental computable general equilibrium analysis. In Insumo-productum Regional Y Otras Aplicaciones (División de Ciencias Sociales y Humanidades. Serie Economía.).