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The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including those from the School of Psychological Sciences & Health - but also papers by researchers based within the Faculties of Science, Engineering, Humanities & Social Sciences, and from the Strathclyde Business School.

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The likely environmental impact of the Scottish parliament's economic policies: an environmental computable general equilibrium analysis

Gillespie, G. and McGregor, P.G. and Swales, J.K. and Yin, Y. (2003) The likely environmental impact of the Scottish parliament's economic policies: an environmental computable general equilibrium analysis. In: Insumo-productum Regional Y Otras Aplicaciones. División de Ciencias Sociales y Humanidades. Serie Economía. . Universidad Autonoma Metropolitana.

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Abstract

The notion of sustainable development has begun to figure prominently in the regional, as well as the national, policy concerns of many industrialized countries. Indicators have typically been used to monitor changes in economic, environmental and social variables to show whether economic development is on a sustainable path. In this paper we endogenize individual and composite environmental indicators within an appropriately specified computable general equilibrium modelling framework for Scotland. In principle, at least, this represents a very powerful modelling tool that can inform the policy making process by identifying the impact of any exogenous policy change on the key endogenous environmental and economic indicators. It can also identify the effects of any binding environmental targets on economic activity.