IDEAS home Printed from https://ideas.repec.org/a/eee/ecmode/v41y2014icp119-123.html
   My bibliography  Save this article

Advertising, economic development, and global warming

Author

Listed:
  • Erickson, Gary M.

Abstract

Advertising is tied to global warming through an endogenous growth model. The model allows for the possibility that the environment can become a source rather than a sink for greenhouse gases. Optimal control analysis of the model shows that a feasible steady state is possible for which the environment remains a sink, and identifies a sufficient condition for such to be the case. Comparative-static analysis shows that, for sufficiently small values of steady-state anthropogenic greenhouse gas concentration, global surface temperature and advertising in steady state are negative functions of parameters that measure the damaging effects of global warming.

Suggested Citation

  • Erickson, Gary M., 2014. "Advertising, economic development, and global warming," Economic Modelling, Elsevier, vol. 41(C), pages 119-123.
    • Handle: RePEc:eee:ecmode:v:41:y:2014:i:c:p:119-123
    DOI: 10.1016/j.econmod.2014.05.004
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0264999314001710
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.econmod.2014.05.004?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Gary S. Becker & Kevin M. Murphy, 1993. "A Simple Theory of Advertising as a Good or Bad," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(4), pages 941-964.
    2. Nordhaus, William D, 1991. "To Slow or Not to Slow: The Economics of the Greenhouse Effect," Economic Journal, Royal Economic Society, vol. 101(407), pages 920-937, July.
    3. Ikefuji, Masako & Horii, Ryo, 2012. "Natural disasters in a two-sector model of endogenous growth," Journal of Public Economics, Elsevier, vol. 96(9-10), pages 784-796.
    4. Lans Bovenberg, A. & Smulders, Sjak, 1995. "Environmental quality and pollution-augmenting technological change in a two-sector endogenous growth model," Journal of Public Economics, Elsevier, vol. 57(3), pages 369-391, July.
    5. T. Feenstra & H. Cesar & P. Kort, 1999. "Optimal Control Theory in Environmental Economics," Chapters, in: Jeroen C.J.M. van den Bergh (ed.), Handbook of Environmental and Resource Economics, chapter 71, Edward Elgar Publishing.
    6. Prajit Dutta & Roy Radner, 2006. "Population growth and technological change in a global warming model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(2), pages 251-270, October.
    7. Peter M. Cox & Richard A. Betts & Chris D. Jones & Steven A. Spall & Ian J. Totterdell, 2000. "Erratum: Acceleration of global warming due to carbon-cycle feedbacks in a coupled climate model," Nature, Nature, vol. 408(6813), pages 750-750, December.
    8. Peter M. Cox & Richard A. Betts & Chris D. Jones & Steven A. Spall & Ian J. Totterdell, 2000. "Acceleration of global warming due to carbon-cycle feedbacks in a coupled climate model," Nature, Nature, vol. 408(6809), pages 184-187, November.
    9. Hofkes, Marjan W., 1996. "Modelling sustainable development: An economy-ecology integrated model," Economic Modelling, Elsevier, vol. 13(3), pages 333-353, July.
    10. Kjell Arne Brekke & Richard B. Howarth, 2002. "Status, Growth and the Environment," Books, Edward Elgar Publishing, number 2160.
    11. Jeroen C.J.M. van den Bergh (ed.), 1999. "Handbook of Environmental and Resource Economics," Books, Edward Elgar Publishing, number 801.
    12. Greiner, Michael A & Franza, Richard M, 2003. "Barriers and Bridges for Successful Environmental Technology Transfer," The Journal of Technology Transfer, Springer, vol. 28(2), pages 167-177, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ameur, Hachmi Ben & Han, Xuyuan & Liu, Zhenya & Peillex, Jonathan, 2022. "When did global warming start? A new baseline for carbon budgeting," Economic Modelling, Elsevier, vol. 116(C).

    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. Stéphane Hallegatte, 2005. "Interactions d'échelles en économie : Application à l'évaluation intégré des dommages du changement climatique et des événements extrêmes," CIRED Working Papers halshs-00008712, HAL.
    2. Carl J. Kock & Byung S. Min, 2016. "Legal Origins, Corporate Governance, and Environmental Outcomes," Journal of Business Ethics, Springer, vol. 138(3), pages 507-524, October.
    3. Eliseev, Alexey V. & Mokhov, Igor I., 2008. "Eventual saturation of the climate–carbon cycle feedback studied with a conceptual model," Ecological Modelling, Elsevier, vol. 213(1), pages 127-132.
    4. Brovkin, Victor & Cherkinsky, Alexander & Goryachkin, Sergey, 2008. "Estimating soil carbon turnover using radiocarbon data: A case-study for European Russia," Ecological Modelling, Elsevier, vol. 216(2), pages 178-187.
    5. Frank den Butter, Marjan W. Hofkes, 2001. "Endogenous technology and environmental quality in economic models," International Journal of Environmental Technology and Management, Inderscience Enterprises Ltd, vol. 1(1/2), pages 32-44.
    6. Ulaganathan, Kandasamy & Goud, Sravanthi & Reddy, Madhavi & Kayalvili, Ulaganathan, 2017. "Genome engineering for breaking barriers in lignocellulosic bioethanol production," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 1080-1107.
    7. Agudelo, César Augusto Ruiz & Bustos, Sandra Liliana Hurtado & Moreno, Carmen Alicia Parrado, 2020. "Modeling interactions among multiple ecosystem services. A critical review," Ecological Modelling, Elsevier, vol. 429(C).
    8. Ouardighi, Fouad El & Sim, Jeong Eun & Kim, Bowon, 2016. "Pollution accumulation and abatement policy in a supply chain," European Journal of Operational Research, Elsevier, vol. 248(3), pages 982-996.
    9. Farrelly, Damien J. & Everard, Colm D. & Fagan, Colette C. & McDonnell, Kevin P., 2013. "Carbon sequestration and the role of biological carbon mitigation: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 21(C), pages 712-727.
    10. Yonghua Li & Song Yao & Hezhou Jiang & Huarong Wang & Qinchuan Ran & Xinyun Gao & Xinyi Ding & Dandong Ge, 2022. "Spatial-Temporal Evolution and Prediction of Carbon Storage: An Integrated Framework Based on the MOP–PLUS–InVEST Model and an Applied Case Study in Hangzhou, East China," Land, MDPI, vol. 11(12), pages 1-22, December.
    11. U. Persson & Christian Azar, 2007. "Tropical deforestation in a future international climate policy regime—lessons from the Brazilian Amazon," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 12(7), pages 1277-1304, August.
    12. Wang, Weilong & Xiao, Jing & Wei, Xiaolan & Ding, Jing & Wang, Xiaoxing & Song, Chunshan, 2014. "Development of a new clay supported polyethylenimine composite for CO2 capture," Applied Energy, Elsevier, vol. 113(C), pages 334-341.
    13. Smulders, J.A., 1997. "Should Environmental Standards be Tighter if Technological Change is Endogenous?," Discussion Paper 1997-79, Tilburg University, Center for Economic Research.
    14. Arce, G.L.A.F. & Carvalho, J.A. & Nascimento, L.F.C., 2014. "A time series sequestration and storage model of atmospheric carbon dioxide," Ecological Modelling, Elsevier, vol. 272(C), pages 59-67.
    15. Ryo Horii & Masako Ikefuji, 2014. "Environment and Growth," DSSR Discussion Papers 21, Graduate School of Economics and Management, Tohoku University.
    16. Sato, Hisashi & Itoh, Akihiko & Kohyama, Takashi, 2007. "SEIB–DGVM: A new Dynamic Global Vegetation Model using a spatially explicit individual-based approach," Ecological Modelling, Elsevier, vol. 200(3), pages 279-307.
    17. Lucas Bretschger, 2018. "Greening Economy, Graying Society," CER-ETH Press, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich, edition 2, number 18-001.
    18. Fouad El Ouardighi & Hassan Benchekroun & Dieter Grass, 2016. "Self-regenerating environmental absorption efficiency and the $$\varvec{ soylent~green~scenario}$$ s o y l e n t g r e e n s c e n a r i o," Annals of Operations Research, Springer, vol. 238(1), pages 179-198, March.
    19. Cuce, Pinar Mert & Riffat, Saffa, 2015. "A comprehensive review of heat recovery systems for building applications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 665-682.
    20. Francesco Lamperti & Giovanni Dosi & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2018. "And then he wasn't a she : Climate change and green transitions in an agent-based integrated assessment model," Working Papers hal-03443464, HAL.

    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:eee:ecmode:v:41:y:2014:i:c:p:119-123. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30411 .

    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.