Is Economic Growth Sustainable?
How can we determine if current growth patterns are sustainable, and what changes to we need to make to make them more so? This volume addresses these issues in a rigorous yet accessible fashion, presenting the current research of some of the world's lead
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Is Economic Growth Sustainable? Edited by
Geoffrey Heal
© International Economic Association 2010 Softcover reprint of the hardcover 1st edition 2010 978-0-230-23247-1 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6-10 Kirby Street, London EC1N 8TS. Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2010 by PALGRAVE MACMILLAN Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan in the US is a division of St Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries.
ISBN 978-1-349-31277-1 ISBN 978-0-230-27428-0 (eBook) DOI 10.1057/9780230274280 This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. Logging, pulping and manufacturing processes are expected to conform to the environmental regulations of the country of origin. A catalogue record for this book is available from the British Library. Library of Congress Cataloging-in-Publication Data Is economic growth sustainable? / edited by Geoffrey Heal. p. cm. — (IEA conference volume; no. 148) Includes bibliographical references and index. Summary: “How can we determine if current growth patterns are sustainable, and what changes do we need to make to make them more so? This volume addresses these issues in a rigorous yet accessible fashion, presenting the current research of some of the world’s leading scholars”—Provided by publisher. 1. Sustainable development. I. Heal, G. M. II. International Economic Association. HC79.E5I8 2010 2009045180 338.9 27—dc22 10 9 8 7 6 5 4 3 2 1 19 18 17 16 15 14 13 12 11 10
Contents
List of Tables and Figures
vi
List of Contributors
x
The Sustainability of Economic Growth Geoffrey Heal
1
1 What Are the Health Effects of Air Pollution in China? Maureen Cropper 2 Why Climate Change Impacts on Agriculture Could be Economically Substantial Michael J. Roberts and Wolfram Schlenker 3 Wealth, Saving and Sustainability Kirk Hamilton 4 China, the US, and Sustainability: Perspectives Based on Comprehensive Wealth Kenneth J. Arrow, Partha
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