Matching economic and environmental futures

Mula, Joseph M. and MacRae, Don (1980) Matching economic and environmental futures. In: Jubilee ANZAAS Congress 1980, 12-16 May 1980, Adelaide, Australia.

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Any assessment of the likely condition of the Australian environment toward the year 2000 would require accounting for the impacts of world economic development and demographic change. Within this context, this paper attempts to account for the environmental impacts that may arise in relation to a global scenario characterised by low economic growth rates over the next twenty years. To narrow the context of economic development further, we consider the implications for the Australian environment of a possible economic community formed by a number of West Pacific nations.

In relation to these possible economic futures an attempt is made to estimate the economic costs required to achieve a range of fixed reductions in environmental stress. This is done by linking, within a model of the global economic system, sets of relationships descriptive of the economic structure and environmental condition in Australia. In effecting this link we consider applications of the polluter-pays principle in which certain pollution abatement measures are required of stress-producing activities.

Specifically, this model is used to compute the trade-offs between the reduction of environmental stress and the costs of control in relation to coal developments in the energy sector. The effects of these measures on the Australian economic system, in terms of measures reflecting the standard of living of the population and levels of employment, are then described. The model is also used to throw light on the question of whether the increase in the production of pollution-control equipment balances the loss of production in the industries responsible for environmental stress. An attempt is also made to address questions on the effectiveness of the polluter-pays principle recently posed on the OECD.

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Item Type: Conference or Workshop Item (Commonwealth Reporting Category E) (Paper)
Refereed: Yes
Item Status: Live Archive
Additional Information: File reproduced in accordance with the copyright policy of the publisher/author.
Faculty/School / Institute/Centre: Historic - Faculty of Business - Department of Accounting (Up to 31 Mar 2007)
Faculty/School / Institute/Centre: Historic - Faculty of Business - Department of Accounting (Up to 31 Mar 2007)
Date Deposited: 26 Feb 2008 00:37
Last Modified: 05 Sep 2013 06:10
Uncontrolled Keywords: Australia; environmental impact; environmental stress; global model; economic futures; polluter-pays
Fields of Research (2008): 14 Economics > 1402 Applied Economics > 140205 Environment and Resource Economics
16 Studies in Human Society > 1605 Policy and Administration > 160507 Environment Policy
14 Economics > 1403 Econometrics > 140303 Economic Models and Forecasting
Fields of Research (2020): 38 ECONOMICS > 3801 Applied economics > 380105 Environment and resource economics
44 HUMAN SOCIETY > 4407 Policy and administration > 440704 Environment policy
38 ECONOMICS > 3802 Econometrics > 380203 Economic models and forecasting
Socio-Economic Objectives (2008): D Environment > 96 Environment > 9603 Climate and Climate Change > 960307 Effects of Climate Change and Variability on Australia (excl. Social Impacts)

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