Integrating economic and environmental models: Some preliminary considerations

Bolton, Roger

doi:10.1016/0038-0121(89)90045-1

Cited by 5 publications

(4 citation statements)

References 8 publications

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“…There are numerous methods one can utilize to account for natural resource scarcity; however, the need for unified environmental-economic accounting has been repeatedly substan-tiated to accurately depict total resource costs for corporate and national accounts [55][56][57][58][59][60]. In addition, such accounts should definitely depict a resource's life cycle-from its extraction to its End of Life (EoL).…”

Section: Environmental Goods Accounting and Pricingmentioning

confidence: 99%

Chemical Leasing (Ch.L.) and the Sherwood Plot

Karakatsanis,

Makropoulos

2024

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Although the Circular Economy (CE) has made remarkable technological progress by offering a wide range of alternative engineering solutions, an obstacle for its large-scale commercialization is nested in the adoption of those business and financial models that accurately depict the value generated from resource recovery. Recovering a resource from a waste matrix conserves natural reserves in situ by reducing demand for virgin resources, as well as conserving environmental carrying capacities by reducing waste discharges. The standard business model for resource recovery is Industrial Symbiosis (IS), where industries organize in clusters and allocate the process of waste matrices to achieve the recovery of a valuable resource at an optimal cost. Our work develops a coherent microeconomic architecture of Chemical Leasing (Ch.L.) contracts within the analytical framework of the Sherwood Plot (SP) for recovering a Value-Added Compound (VAC) from a wastewater matrix. The SP depicts the relationship between the VAC’s dilution in the wastewater matrix and its cost of recovery. ChL is engineered on the SP as a financial contract, motivating industrial synergies for delivering the VAC at the target dilution level at the market’s minimum cost and with mutual profits. In this context, we develop a ChL market typology where information completeness on which industry is most cost-efficient in recovering a VAC at every dilution level determines market dominance via a Kullback–Leibler Divergence (DKL) metric. In turn, we model how payoffs are allocated between industries via three ChL contract pricing systems, their profitability limits, and their fitting potential by market type. Finally, we discuss the emerging applications of ChL financial engineering in relation to three vital pillars of resource recovery and natural capital conservation.

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Section: Environmental Goods Accounting and Pricingmentioning

confidence: 99%

Chemical Leasing (Ch.L.) and the Sherwood Plot

Karakatsanis,

Makropoulos

2024

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“…However, at the same time, due to imperfect control measures and other reasons, the random discharge of various pollutants has aggravated the environmental pollution, especially the air pollution [1]. In the process of rapid social development in recent years, many countries must deal with the core issues of economic development and environmental protection when they are faced with economic planning and environmental policy formulation [2][3]. In this paper, air pollutants are taken as the research object.…”

Section: Introductionmentioning

confidence: 99%

Correlation Analysis between Meteorological Factors and Pollutants Based on Copula Theory

Wang¹,

Li²

2022

J. Phys.: Conf. Ser.

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In recent years, the continuous acceleration of industrial and agricultural production has aggravated the deterioration of the environment and seriously affected people’s health. Gas pollutant index has become an important indicator to measure air quality. Taking a region of China as the study subject, this paper firstly uses the monitoring data of air pollutants in 5 years and meteorological data (rainfall, temperature and wind speed) of meteorological observation stations in the same period. Then, the autocorrelation function is selected to analyze the autocorrelation of pollutants, and on this basis, the significant correlation level between meteorological factors and pollutants is analyzed by Copula theory. The results show that the ACF values of pollutants are all higher than 0.6, which means that the autocorrelation of pollutants within 2 hours is relatively significant. PM2.5 has a significant negative correlation with wind speed in four seasons, but a low correlation with rainfall. SO2 is negatively correlated with most of the three meteorological factors. In addition, the study also finds that there are significant differences in the impact of meteorological factors on pollutants at different time scales. This paper proposes a correlation analysis method between meteorological factors and pollutants, which provides corresponding support and guarantee for China’s economic and environmental protection policies.

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“…), rather than integrations of multisector and multimarket models of regional economies with the environmental systems that they exploit and run up against. With few exceptions, in other words, the models are not as big and complex as the Delaware region models built in the U. S. in the 1970s [Russell and Spofford (1977), Kneese and Bower (1979), and other references in Bolton (1987)l.…”

mentioning

confidence: 99%

“…[For further discussion, see Bolton (1987) As is stated in its preface (p. v), "this book is about the prospects for economic growth and development in local economies that are dominated by mature, and frequently stagnant, industries." As such, it is one of many "reports" that have resulted from northeastern U.S. universityhocal-government cooperative efforts in recent years.…”

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confidence: 99%

Book Reviews

1988

Journal of Regional Science

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Book reviews in this article: Analytical Behavioural Geography by Reginald G. Golledge and Robert J. Stimson. Managing Land‐Use Conflicts: Case Studies in Special Area Management Planning, by David J. Brower and Daniel s. Carol (eds.). Filling Up America: An Economic‐Demographic Model of Population Growth and Distribution in the Nineteenth‐Century United States, by Morton Owen Schapiro. Economic‐Ecological Modeling, by L. C. Braat and W. F. J. van Lierop (eds.). Invisible Factors in Local Economic Development, by Peter B. Doeringer, David G. Terkla, and Gregory C. Topakian.

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Integrating economic and environmental models: Some preliminary considerations

Cited by 5 publications

References 8 publications

Chemical Leasing (Ch.L.) and the Sherwood Plot

Chemical Leasing (Ch.L.) and the Sherwood Plot

Correlation Analysis between Meteorological Factors and Pollutants Based on Copula Theory

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