MR. KEYNES AND THE ENVIRONMENT: TROPICAL DEFORESTATION AND THE CONCEPT OF USER COST

Detalhes bibliográficos
Autor(a) principal: Frickmann Young, Carlos Eduardo
Data de Publicação: 2018
Tipo de documento: Artigo
Idioma: por
Texto Completo: https://revistas.ufrj.br/index.php/rec/article/view/19884
Resumo: Keynes' General Theory has been a major source of inspiration in almost all areas of economics. However, it has been largely ignored in the environmental economics debate, characterized by a complete dominance of orthodox, neoclassical models. This is the case of tropical deforestation: the existing models that analyze the economic motivations that fuel the land clearing process use unrealistic assumptions and optimal control models that provide misleading results andincorrect policy recommendations. The objective of this paper is to present an alternative perspective for the problem, based on Keynes' definition of income and user cost. A simple theoretical model is used to describe the importance of land speculation in the capital component, thus affecting the land clearing decision. Economic policies have an important influence in this process, and consistent public policies aiming at controlling deforestation should consider these effects as well as the conventional issues that are addressed by environmental regulators. 
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spelling MR. KEYNES AND THE ENVIRONMENT: TROPICAL DEFORESTATION AND THE CONCEPT OF USER COSTFrickmann Young, Carlos Eduardoforestationtropical forestsuser costKeynesE12O13Q15Keynes' General Theory has been a major source of inspiration in almost all areas of economics. However, it has been largely ignored in the environmental economics debate, characterized by a complete dominance of orthodox, neoclassical models. This is the case of tropical deforestation: the existing models that analyze the economic motivations that fuel the land clearing process use unrealistic assumptions and optimal control models that provide misleading results andincorrect policy recommendations. The objective of this paper is to present an alternative perspective for the problem, based on Keynes' definition of income and user cost. A simple theoretical model is used to describe the importance of land speculation in the capital component, thus affecting the land clearing decision. Economic policies have an important influence in this process, and consistent public policies aiming at controlling deforestation should consider these effects as well as the conventional issues that are addressed by environmental regulators. IE-UFRJ2018-08-28info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtigo avaliado pelos Paresapplication/pdfhttps://revistas.ufrj.br/index.php/rec/article/view/19884Revista de Economia Contemporânea; Rev. Econ. Contemp., v. 22, n. 2, mai./ago. 2018Journal of Contemporary Economics; Rev. Econ. Contemp., v. 22, n. 2, mai./ago. 20181980-5527porhttps://revistas.ufrj.br/index.php/rec/article/view/19884/11524Copyright (c) 2018 Carlos Eduardo Frickmann Youngoai:ojs.pkp.sfu.ca:article/198842019-04-15T19:32:37Z
dc.title.none.fl_str_mv MR. KEYNES AND THE ENVIRONMENT: TROPICAL DEFORESTATION AND THE CONCEPT OF USER COST
title MR. KEYNES AND THE ENVIRONMENT: TROPICAL DEFORESTATION AND THE CONCEPT OF USER COST
spellingShingle MR. KEYNES AND THE ENVIRONMENT: TROPICAL DEFORESTATION AND THE CONCEPT OF USER COST
Frickmann Young, Carlos Eduardo
forestation
tropical forests
user cost
Keynes
E12
O13
Q15
title_short MR. KEYNES AND THE ENVIRONMENT: TROPICAL DEFORESTATION AND THE CONCEPT OF USER COST
title_full MR. KEYNES AND THE ENVIRONMENT: TROPICAL DEFORESTATION AND THE CONCEPT OF USER COST
title_fullStr MR. KEYNES AND THE ENVIRONMENT: TROPICAL DEFORESTATION AND THE CONCEPT OF USER COST
title_full_unstemmed MR. KEYNES AND THE ENVIRONMENT: TROPICAL DEFORESTATION AND THE CONCEPT OF USER COST
title_sort MR. KEYNES AND THE ENVIRONMENT: TROPICAL DEFORESTATION AND THE CONCEPT OF USER COST
dc.creator.none.fl_str_mv Frickmann Young, Carlos Eduardo
author Frickmann Young, Carlos Eduardo
author_facet Frickmann Young, Carlos Eduardo
author_role author
dc.subject.none.fl_str_mv forestation
tropical forests
user cost
Keynes
E12
O13
Q15
topic forestation
tropical forests
user cost
Keynes
E12
O13
Q15
description Keynes' General Theory has been a major source of inspiration in almost all areas of economics. However, it has been largely ignored in the environmental economics debate, characterized by a complete dominance of orthodox, neoclassical models. This is the case of tropical deforestation: the existing models that analyze the economic motivations that fuel the land clearing process use unrealistic assumptions and optimal control models that provide misleading results andincorrect policy recommendations. The objective of this paper is to present an alternative perspective for the problem, based on Keynes' definition of income and user cost. A simple theoretical model is used to describe the importance of land speculation in the capital component, thus affecting the land clearing decision. Economic policies have an important influence in this process, and consistent public policies aiming at controlling deforestation should consider these effects as well as the conventional issues that are addressed by environmental regulators. 
publishDate 2018
dc.date.none.fl_str_mv 2018-08-28
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Artigo avaliado pelos Pares
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.ufrj.br/index.php/rec/article/view/19884
url https://revistas.ufrj.br/index.php/rec/article/view/19884
dc.language.none.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://revistas.ufrj.br/index.php/rec/article/view/19884/11524
dc.rights.none.fl_str_mv Copyright (c) 2018 Carlos Eduardo Frickmann Young
rights_invalid_str_mv Copyright (c) 2018 Carlos Eduardo Frickmann Young
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv IE-UFRJ
publisher.none.fl_str_mv IE-UFRJ
dc.source.none.fl_str_mv Revista de Economia Contemporânea; Rev. Econ. Contemp., v. 22, n. 2, mai./ago. 2018
Journal of Contemporary Economics; Rev. Econ. Contemp., v. 22, n. 2, mai./ago. 2018
1980-5527
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1789436682023469056

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