Overview
- Proposes a new theoretical framework to analyze economy and the environment by using régulation and post-Keynesian theories combined
- Shows by empirical study of Japanese history how economic growth and environmental policies have been co-evolving
- Identifies mechanisms of “green growth”, clarifying its possibility and conditions through theoretical and econometric analysis
Part of the book series: Evolutionary Economics and Social Complexity Science (EESCS, volume 8)
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (10 chapters)
-
Overview
-
Theoretical Analysis
-
Long-Term Transformation in Japan
-
Conclusion
Keywords
About this book
This book sheds new light on the relationship between economy and the environment by approaching the issue from evolutionary and institutional economics. Building a framework of theory and empirical analysis, it provides an in-depth perspective on how economic growth and environmental policy interact and historically evolve.
Orthodox environmental economics usually understands environmental issues under the rules of market economy, while environmental sciences subordinate economy to physical constraints of the environment. Instead of these hierarchical visions, this book recognizes economy and the environment as co-evolving systems.
The theoretical framework is elaborated based on the régulation and post-Keynesian theories combined. An idea of three-dimensional factors—capital, labor, and the environment—leads to conceptual and mathematical models, which will be applicable to wider analyses.
Using this framework, Japanese history is analyzed as a typical example ofenvironmental policy development. Historical transformations of environmental policies and growth regimes are explained using indices and econometric analysis. Experiences of strict regulations with positive economic impacts are also identified.
These works lead to some interesting implications, which include mechanisms, the possibility, and conditions of "green growth''. This book proposes a new approach by bridging the gap between evolutionary–institutional economics and environmental economics, which should be stimulating to them both and possibly open the door for a new research avenue.
Authors and Affiliations
About the author
Bibliographic Information
Book Title: The Evolving Relationship between Economy and Environment
Book Subtitle: Theory and the Japanese Experience
Authors: Kazuhiro Okuma
Series Title: Evolutionary Economics and Social Complexity Science
DOI: https://doi.org/10.1007/978-981-10-4100-6
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer Nature Singapore Pte Ltd. 2017
Hardcover ISBN: 978-981-10-4099-3Published: 07 April 2017
Softcover ISBN: 978-981-13-5048-1Published: 12 December 2018
eBook ISBN: 978-981-10-4100-6Published: 29 March 2017
Series ISSN: 2198-4204
Series E-ISSN: 2198-4212
Edition Number: 1
Number of Pages: IX, 140
Number of Illustrations: 28 b/w illustrations
Topics: Institutional/Evolutionary Economics, Economic Theory/Quantitative Economics/Mathematical Methods, Environmental Economics, Economic Policy