scholarly journals Prices vs. Quantities and the Intertemporal Dynamics of the Climate Rent

2010 ◽  
Author(s):  
Matthias Kalkuhl ◽  
Ottmar Edenhofer
Keyword(s):  
Intertemporal Dynamics ◽  
Climate Rent

On Climate Rent

2014 ◽  
Vol 22 (3-4) ◽  
pp. 251-280 ◽  
Author(s):  
Romain Felli
Keyword(s):  
International Law ◽  
Emissions Trading ◽  
Carbon Markets ◽  
Public Property ◽  
Political Debates ◽  
Emission Rights ◽  
Commodification Of Nature ◽  
The Right ◽  
Climate Rent ◽  
Domestic Level

As environmental degradation becomes a growing concern, this article argues that the development of international law on climate change expresses the deep social contradictions between accumulation and reproduction under capitalism. These contradictions are translated into the creation of a form of public property over the right to emit greenhouse gases (and not the ‘privatisation’ of the atmosphere). This public property is unequally distributed amongst states in an imperialist manner. The distribution of these rights at the domestic level amounts to the distribution of rights to climate rent. Contrary to popular accounts of the ‘commodification’ of nature, I argue that emission rights are not ‘commodities’, and emissions trading and carbon markets are not ‘accumulation strategies’. These are merely depoliticised forms in which climate rent is extracted and circulates to preclude political debates about the goals of production.

Value is Still Labour: Exploitation and the Production of Environmental Rent and Commodities for Nature Tourists in Rural Senegal

2017 ◽  
Vol 10 (2) ◽  
pp. 54-71 ◽  
Author(s):  
Rocío Hiraldo Lopez-Alonso
Keyword(s):  
Capital Accumulation ◽  
Green Economy ◽  
Monetary Incentives ◽  
Surplus Value ◽  
Institutional Power ◽  
Commodity Production ◽  
Project Costs ◽  
Commodification Of Nature ◽  
Working Day ◽  
Climate Rent

Monetary incentives such as nature-based tourism and payment for ecosystem service (PES) mechanisms have become increasingly promoted as a means for protecting the environment. Critical scholars are interpreting these developments as forms of accumulation based upon the commodification of nature, prosumption and institutional power that make labour progressively irrelevant in the production of value. Drawing on the case of two Senegalese villages and on Marx's concepts of commodity and value, this paper suggests that such perspectives are inaccurate and that they serve to silence workers’ experiences of exploitation in these contexts. The paper proposes to go beyond generalising conceptualisations of the green economy such as “accumulation by conservation” and to be specific about the ways in which production and therefore working conditions relate to capital accumulation. It distinguishes between nature-based tourism and PES mechanisms: the former a profit-driven commodity production process, the latter a means for depoliticising environmental problems associated to capitalist commodity production through the payment of an environmental or climate rent that does not generate any value. Through this perspective it shows how in rural Senegal villagers’ working day needs to be long, intense and poorly rewarded to reduce PES project costs and facilitate the extraction of surplus value by owners of nature-based tourism businesses as well as how labour hierarchies go hand in hand with relations of exploitation between workers. Capitalists, donors and local intermediaries’ ability to take advantage of workers’ labour is facilitated by the agrarian crises that capital has generated in these Senegalese villages, but it is also contested as workers rise up against exploitation. Capital's ability to survive to its own ecological contradictions therefore rests upon workers’ shoulders and not exclusively on the formation of class hegemonies.

The Intertemporal Dynamics of Consumer Lock-In

2003 ◽  
Vol 30 (3) ◽  
pp. 405-419 ◽  
Author(s):  
Gal Zauberman
Keyword(s):  
Intertemporal Dynamics ◽  
Lock In

Intertemporal Dynamics: Convergence Speed of Current Account across Countries

2013 ◽  
Vol 8 (2) ◽  
Author(s):  
Zuwei Yu ◽  
Gan Wang ◽  
Hongwei Hu
Keyword(s):  
Current Account ◽  
Convergence Speed ◽  
Intertemporal Dynamics

The Intertemporal Dynamics of Consumer Lock-in

2003 ◽  
Author(s):  
Gal Zauberman
Keyword(s):  
Intertemporal Dynamics ◽  
Lock In

Intertemporal Dynamics of Corporate Voluntary Disclosures

2008 ◽  
Vol 46 (3) ◽  
pp. 567-589 ◽  
Author(s):  
ETI EINHORN ◽  
AMIR ZIV
Keyword(s):  
Voluntary Disclosures ◽  
Intertemporal Dynamics

Intertemporal Dynamics of Public Financing for Universal Health Coverage

10.1596/31211 ◽  
2018 ◽  
Author(s):  
Ajay Tandon ◽  
Jewelwayne Cain ◽  
Christoph Kurowski ◽  
Iryna Postolovska
Keyword(s):  
Universal Health Coverage ◽  
Health Coverage ◽  
Public Financing ◽  
Intertemporal Dynamics ◽  
Universal Health

scholarly journals Will the Chinese economy be more volatile in the future? Insights from urban household survey data

2019 ◽  
Vol 15 (4) ◽  
pp. 790-808 ◽  
Author(s):  
Jian Yu ◽  
Xunpeng Shi ◽  
James Laurenceson
Keyword(s):  
Economic Growth ◽  
Decomposition Method ◽  
Household Consumption ◽  
Variance Decomposition ◽  
Chinese Government ◽  
Content Type ◽  
Consumption Volatility ◽  
Intertemporal Dynamics ◽  
Consumption Goods ◽  
The Impact

Purpose Consumption volatility is a key source of economic growth volatility; thus, it is an important factor in designing macroeconomic policy. The purpose of this paper is to investigate the factors that determine household consumption volatility, using urban household survey (UHS) data over the period 2002–2009 in 18 provinces in China. Design/methodology/approach Both a traditional variance decomposition method and an advanced variance decomposition method are used. Findings The traditional variance decomposition method suggests that heterogeneity of consumption goods is the key to analyze consumption volatility in China. Consumption of transportation makes the highest aggregate contribution and per-unit volatility in consumption volatility, whereas consumption of food makes the second highest aggregate contribution and the lowest per-unit volatility. Further investigation with the advanced variance decomposition method, which allows the authors to capture intertemporal dynamics and cross-household differences simultaneously, finds that the main factor determining the consumption volatility in China is intertemporal dynamics, rather than cross-household differences. Research limitations/implications Future research could fruitfully explore four issues. First, consumption upgrading has increased the volatility of China’s household consumption. How much will this affect economic growth in China under its “new normal” conditions, and how should the Chinese government respond? Second, differences between UHS data and aggregate data in the calculations of consumption risk sharing need to be investigated. Third, it is important to investigate the channels through which the Chinese government can enhance its ability to spread consumption risks and thus reduce consumer consumption volatility. Finally, further study could extend the current 18 provinces to a nation-wide sample and update the data beyond 2009 to estimate the impact of the global financial crisis. Practical implications The results suggest that when policy makers design macroeconomic policies to smooth consumption volatility, they should consider heterogeneity in household consumption goods, regional disparity and intertemporal dynamics simultaneously. Well-managed volatility of Chinese household consumption can contribute to a stable economic growth in China and the world. Social implications Well-managed volatility of Chinese household consumption can contribute to a stable economic growth in China and the world. Originality/value This paper fills this gap by using China’s UHS data to assess consumption volatility from the perspectives of heterogeneity in household consumption goods, cross-household differences and intertemporal dynamics. We make three contributions to the literature. The first contribution of this paper consists of demonstrating the contributions of heterogeneity in household consumption goods to consumption volatility. The second contribution consists of using the advanced variance decomposition method proposed by Crucini and Telmer (2012). This decomposition methodology allows the authors to examine whether household consumption volatility is due to cross-household differences or intertemporal dynamics. The third contribution is that this paper takes Chinese residents’ consumption fluctuations as the starting point to analyze the impact of consumption fluctuations on the future trend of China’s economy.

MANAGING THE CLIMATE RENT: HOW CAN REGULATORS IMPLEMENT INTERTEMPORALLY EFFICIENT MITIGATION POLICIES?

2013 ◽  
Vol 27 (1) ◽  
pp. 25-60
Author(s):  
MATTHIAS KALKUHL ◽  
OTTMAR EDENHOFER
Keyword(s):  
Climate Rent ◽  
Mitigation Policies
Sign in / Sign up

Export Citation Format

Share Document