Observatorio de I+D+i UPM

Memorias de investigación
Research Publications in journals:
A Goal Programming Approach for a Joint Design of Macroeconomic and Environmental Policies: A Methodological Proposal and an Application to the Spanish Economy
Year:2009
Research Areas
  • Applied economics
Information
Abstract
The economic policy needs to pay increasingly more attention to the environmental issues, which requires the development of methodologies able to incorporate environmental, aswell asmacroeconomic, goals in the design of public policies. Starting from this observation, this article proposes a methodology based upon a Simonian satisficing logic made operationalwith the help of goal programming (GP)models, to address the joint design of macroeconomic and environmental policies. The methodology is applied to the Spanish economy, where a joint policy is elicited, taking into consideration macroeconomic goals (economic growth, inflation, unemployment, public deficit) and environmental goals (CO2, NOx and SOx emissions) within the context of a computable general equilibrium model. The results show how the government can ``fine-tune¿¿ its policy according to different criteria using GP models.The resulting policies aggregate the environmental and the economic goals in different ways: maximum aggregate performance, maximum balance and a lexicographic hierarchy of the goals
International
Si
JCR
Si
Title
ENVIRONMENTAL MANAGEMENT
ISBN
0364-152X
Impact factor JCR
1,109
Impact info
Volume
43
Journal number
0
From page
888
To page
898
Month
ENERO
Ranking
Participants
  • Participante: M. Alejandro Cardenete (Universidad Pablo Olavide)
  • Participante: Francisco Andre (Universidad Pablo Olavide)
  • Autor: Carlos Romero Lopez (UPM)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Economía y Sostenibilidad del Medio Natural
  • Departamento: Economía y Gestión Forestal
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