IT Revolutions. First International ICST Conference, IT Revolutions 2008, Venice, Italy, December 17-19, 2008, Revised Selected Papers

Research Article

Economic Activity and Climate Change in a Structural Framework: A First Approach

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  • @INPROCEEDINGS{10.1007/978-3-642-03978-2_20,
        author={Panayotis Michaelides and Kostas Theologou},
        title={Economic Activity and Climate Change in a Structural Framework: A First Approach},
        proceedings={IT Revolutions. First International ICST Conference, IT Revolutions 2008, Venice, Italy, December 17-19, 2008, Revised Selected Papers},
        proceedings_a={IT REVOLUTIONS},
        year={2012},
        month={5},
        keywords={socioeconomic sphere environment climate change economic growth input-output},
        doi={10.1007/978-3-642-03978-2_20}
    }
    
  • Panayotis Michaelides
    Kostas Theologou
    Year: 2012
    Economic Activity and Climate Change in a Structural Framework: A First Approach
    IT REVOLUTIONS
    Springer
    DOI: 10.1007/978-3-642-03978-2_20
Panayotis Michaelides1,*, Kostas Theologou1,*
  • 1: National Technical University of Athens
*Contact email: pmichael@central.ntua.gr, cstheol@central.ntua.gr

Abstract

The considerable increases in greenhouse gases emissions and the subsequent climate changes are directly associated with the current rates of economic growth. As a result, the increasing environmental problems should result in an effort to accurately measure and control climate changes. In the present paper, we propose a theoretical inter-industry model for analyzing how economic activity, by industrial sector, affects the climate. We believe that the proposed methodology could be utilized for the feedback of the policy formulation procedure and could provide a vehicle for expanding conventional climate change analysis in economics.