GHG Emissions and Economic Growth A Computable General Equilibrium M

Issues linking climate change and economic growth are now at the centre of discussions regarding development strategies especially in the context of developing countries. This book contributes by analyzing the relationship between economic growth and GHG

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The Indian economy is considered to be one of the fastest growing economies of the world with India amongst the most important G-20 economies. Ever since the Indian economy made its presence felt on the global platform, the research community is now even more interested in studying and analyzing what India has to offer. This series aims to bring forth the latest studies and research about India from the areas of economics, business, and management science. The titles featured in this series will present rigorous empirical research, often accompanied by policy recommendations, evoke and evaluate various aspects of the economy and the business and management landscape in India, with a special focus on India’s relationship with the world in terms of business and trade. More information about this series at http://www.springer.com/series/11234

Barun Deb Pal • Vijay P. Ojha • Sanjib Pohit Joyashree Roy

GHG Emissions and Economic Growth A Computable General Equilibrium Model Based Analysis for India

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Barun Deb Pal Centre for Economic Studies and Policy Institute for Social and Economic Change   (ISEC) Bangalore Karnataka India

Sanjib Pohit CSIR–National Institute for Science Technology and Development Studies (CSIR-NISTADS) New Delhi India

Vijay P . Ojha Institute of Management Technology Ghaziabad Uttar Pradesh India

Joyashree Roy Department of Economics Jadavpur University Kolkata West Bengal India

ISSN 2198-0012         ISSN 2198-0020 (electronic) ISBN 978-81-322-1942-2     ISBN 978-81-322-1943-9 (eBook) DOI 10.1007/978-81-322-1943-9 Springer New Delhi Heidelberg New York Dordrecht London Library of Congress Control Number: 2014944812 © Springer India 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for