Business and Economic Horizons
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Volume | 1 |
Issue | 1 |
Online publication date | 2010-04-01 |
Title | Greenhouse emissions and economic recessions: Did industrial economies “Stay Cool” during the 1930s economic crisis? |
Author | Vincentas Rolandas Giedraitis, Sarunas Girdenas, Adomas Rovas |
Abstract | In this historical economic interdisciplinary research we investigate the impact of the 1930s economic crisis and their relationship to global warming. We investigate two consecutive hegemonic powers: the United Kingdom and the United States. Our assumption was that a reduction in demand would lead to a decrease in mean global temperatures during depressions. We find that in fact reduced carbon dioxide in the atmosphere resulting from lowered production does not result in cooling temperatures. |
Citation | |
References | Amin, S., 1976. Unequal development: An essay on the social formations of peripheral capitalism. New York, Monthly Review Press Amin, S., 1994. Re-reading the postwar period: an intellectual itinerary, Translated by Michael Wolfers. New York, Monthly Review Press Arrighi, G., 1995. The long 20th century, Money, power, and the origins of our times. London, New York: Verso Carbon Dioxide Information Analysis Centre, 2009, http://cdiac.ornl.gov Retrieved December 7 Chase-Dunn, C., 1991. Global formation: Structures of the world economy, New York, Blackwell Deacon, R. and Norman, C., 2006. “Does the environmental Kuznets curve describe how individual countries behave?”, Land Economics, 82:2 Eddy, J., 1976. “The maunder minimum”, Science, 18 June, Vol. 192, No. 4245, pp. 1189-1202 Frank, A., 1992. “Economic ironies in Europe: A world economic interpretation of East-West European politics,” International Social Science Journal, 131, February, pp. 41-56 GapMinder Foundation data, 2009. http://www.gapminder.org/ retrieved: December 7 Giedraitis, V., 2007, The new cold war in the post-socialist era: Domination through multi-dependency in Lithuania, VDN Verlag Dr. Muller, ISBN: 978-3-8364-2792-0 Giedraitis, V., Rastenienė, A., 2009. “Crisis as a catalyst: The role of Schumpeterian innovation in the Lithuanian economy,” Perspectives of Innovations, Economics and Business, Volume 2, pp. 11-13 International Monetary Fund, 2009. www.imf.org, Retrieved December 7 Koldstad, C., 2007. Human-induced climate change, Cambridge University Press, edited with M. Schlesinger, et al Köhler, G. and Tausch, A., 2002. Global Keynesianism: Unequal exchange and global exploitation, Huntington, Nova Science Schumpeter, J., 1943. Capitalism, socialism, and democracy, London, Unwin University Solomou, S., 2004. Phases of economic growth, 1850-1973: Kondratiev waves and Kuznets swings, New York, Cambridge University Press Thompson, W. (Ed.), Globalization as an evolutionary process: Modelling global change, London, Routledge Turchin, P., 2007. Modeling periodic waves of integration in the Afroeurasian world system, in: Modelski, G., Devezas, T. and Wallerstein, I., 1974. The modern world-system, New York, Academic Press World Resources Institute, 2010. Climate Analysis Indicators Tool (CAIT), Version 7.0, Washington, DC Yotopoulos, P. and Sawada, Y., 2005. “Exchange rate misalignment: A new test of long-run PPP based on cross-country data”, CIRJE Discussion Paper CIRJE-F-318, February 2005, Faculty of Economics, University of Tokyo |
Keywords | Historical economic sociology, Kondratiev wave theory, World-systems analysis, economic crises, global climate change |
DOI | http://dx.doi.org/10.15208/beh.2010.07 |
Pages | 46-50 |
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