IDEAS home Printed from https://ideas.repec.org/a/ags/pdcbeh/95939.html
   My bibliography  Save this article

Greenhouse emissions and economic recessions: Did industrial economies “Stay Cool” during the 1930s economic crisis?

Author

Listed:
  • Giedraitis, Vincentas Rolandas
  • Girdenas, Sarunas
  • Rovas, Adomas

Abstract

In this historical economic interdisciplinary research we investigate the impact of the 1930s economic crisis and their relationship to global warming. We investigate two consecutive hegemonic powers: the United Kingdom and the United States. Our assumption was that a reduction in demand would lead to a decrease in mean global temperatures during depressions. We find that in fact reduced carbon dioxide in the atmosphere resulting from lowered production does not result in cooling temperatures.

Suggested Citation

  • Giedraitis, Vincentas Rolandas & Girdenas, Sarunas & Rovas, Adomas, 2010. "Greenhouse emissions and economic recessions: Did industrial economies “Stay Cool” during the 1930s economic crisis?," Business and Economic Horizons (BEH), Prague Development Center (PRADEC), vol. 1(1), pages 1-5, April.
  • Handle: RePEc:ags:pdcbeh:95939
    DOI: 10.22004/ag.econ.95939
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/95939/files/07_V1_LITHUANIA_BEH_Vincent%20Giedraitis_d.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.95939?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Robert T. Deacon & Catherine S. Norman, 2006. "Does the Environmental Kuznets Curve Describe How Individual Countries Behave?," Land Economics, University of Wisconsin Press, vol. 82(2), pages 291-315.
    2. Pan A. Yotopoulos & Yasuyuki Sawada, 2005. "Exchange Rate Misalignment: A New Test of Long-Run PPP Based on Cross-Country Data," CIRJE F-Series CIRJE-F-318, CIRJE, Faculty of Economics, University of Tokyo.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vincentas Giedraitis & Sarunas Girdenas, 2010. "Feeling The Heat: Financial Crises And Their Impact On Global Climate Change," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 4(1), pages 7-10, February.
    2. Ertürk, Mevlüde, 2016. "Çevre Kirliliği Ve Ekonomik Büyüme İlişkisi Gelişmiş ve Gelişmekte Olan Ülkelerin Veri Görselleştirme Kullanarak Karşılaştırılması [The Relation Between Environmental Pollution and Economic Growth ," MPRA Paper 69879, University Library of Munich, Germany, revised 08 Mar 2016.
    3. Liddle, Brantley, 2013. "Population, Affluence, and Environmental Impact Across Development: Evidence from Panel Cointegration Modeling," MPRA Paper 52088, University Library of Munich, Germany.
    4. Giedraitis, Vincentas Rolandas & Rasteniene, Ausra, 2009. "Crisis as a catalyst: the role of Schumpeterian innovation in the Lithuanian economy," Perspectives of Innovations, Economics and Business (PIEB), Prague Development Center (PRADEC), vol. 2, pages 1-3, October.
    5. Bartz, Sherry & Kelly, David L., 2008. "Economic growth and the environment: Theory and facts," Resource and Energy Economics, Elsevier, vol. 30(2), pages 115-149, May.
    6. Richard T. Carson, 2010. "The Environmental Kuznets Curve: Seeking Empirical Regularity and Theoretical Structure," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 4(1), pages 3-23, Winter.
    7. Jaeger, William K. & Kolpin, Van, 2008. "The Environmental Kuznets Curve from Multiple Perspectives," Climate Change Modelling and Policy Working Papers 36760, Fondazione Eni Enrico Mattei (FEEM).
    8. Bartz, Sherry & Kelly, David L., 2008. "Economic growth and the environment: Theory and facts," Resource and Energy Economics, Elsevier, vol. 30(2), pages 115-149, May.
    9. Kakeu, Johnson & Agbo, Maxime, 2022. "International transfer to reduce global inequality and transboundary pollution," Energy Economics, Elsevier, vol. 114(C).
    10. Yu Hsing, 2010. "Analysis of movements in the AUD/USD exchange rate: comparison of four major models," Applied Economics Letters, Taylor & Francis Journals, vol. 17(6), pages 575-580.
    11. Larivière, Jean-Michel & He, Jie, 2012. "L’impact de la taille des firmes industrielles sur la courbe de Kuznets environnementale : le cas des émissions de SO2 en Chine," L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(1), pages 5-36, mars.
    12. Arun Muralidhar & Masakazu Arikawa, 2007. "Hedging Currency Risk In International Investment And Trade," CARF F-Series CARF-F-090, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    13. Brajer, Victor & Mead, Robert W. & Xiao, Feng, 2008. "Health benefits of tunneling through the Chinese environmental Kuznets curve (EKC)," Ecological Economics, Elsevier, vol. 66(4), pages 674-686, July.
    14. Brajer, Victor & Mead, Robert W. & Xiao, Feng, 2011. "Searching for an Environmental Kuznets Curve in China's air pollution," China Economic Review, Elsevier, vol. 22(3), pages 383-397, September.
    15. Lee, Sanghoon & Oh, Dae-Won, 2015. "Economic growth and the environment in China: Empirical evidence using prefecture level data," China Economic Review, Elsevier, vol. 36(C), pages 73-85.
    16. Piaggio, Matías & Padilla, Emilio, 2012. "CO2 emissions and economic activity: Heterogeneity across countries and non-stationary series," Energy Policy, Elsevier, vol. 46(C), pages 370-381.
    17. Jacobsen, Grant D., 2013. "Do economic conditions influence environmental policy? Evidence from the US Senate," Economics Letters, Elsevier, vol. 120(2), pages 167-170.
    18. José Orihuela, 2013. "Context matters: the significance of non-economic conditions for income–pollution relationships in Chile and Peru," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 3(4), pages 391-403, December.
    19. Karen Clay & Werner Troesken, 2011. "Did Frederick Brodie Discover the World's First Environmental Kuznets Curve? Coal Smoke and the Rise and Fall of the London Fog," NBER Chapters, in: The Economics of Climate Change: Adaptations Past and Present, pages 281-309, National Bureau of Economic Research, Inc.
    20. Yu Hsing, 2009. "Functional forms and PPP: new evidence for eight Asian countries," Applied Economics Letters, Taylor & Francis Journals, vol. 16(1), pages 95-98.

    More about this item

    Keywords

    Environmental Economics and Policy; Financial Economics; International Development;
    All these keywords.

    JEL classification:

    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pdcbeh:95939. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/pradecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.