Growth, trade and the environment
in developing countries
Course number:
Credits:
Offered:
Schedule:
Location:
Instructor:
Prerequisite:
AAE 875
1-3
Spring 2003
Monday, 3:30 – 5:30
B30 Taylor Hall
Ian Coxhead, coxhead@facstaff.wisc.edu
Grad. st. and intermediate micro. theory.
Outline:
I. Theory: growth, trade and environment in small open economies
II. Trade, policy and environment in some stylized developing economies
III. Applied general equilibrium analyses of growth, policy and environmental damages
IV. Case studies based on contemporary literature and student research.
Text: Ian Coxhead and Sisira Jayasuriya, The Open Economy and the Environment:
Development, Trade and Resources in Asia (Edward Elgar, 2003). Hereafter OEE.
The text will be available in printed form later in the spring. In the meantime, you can
download PDF files of the chapters from Steenbock Library Electronic Reserves, at:
http://www.library.wisc.edu/libraries/Steenbock/reserves/courses/ae875-3/aae8753s03.htm
Coverage: Will be based on the Coxhead and Jayasuriya book, drawing on the content of
the book, related literature, and some extensions to the models presented in the book.
There will be a ‘core’ of relevant theory, especially duality and simple trade-theoretic
models. If possible, I’ll introduce a set of simulation exercises using general equilibrium
modeling software in the second half of the semester.
Approach: This is a seminar rather than a ‘taught course’, i.e. it will be approached in a
less formal manner than usual. I will lead discussions, but these will be based on
readings and I will expect you to be actively involved (and indeed, to lead a discussion
yourself in the second half of the semester).
Assessment: Depends on the number of credits taken, but includes:
-- Participate in class and lead one or more discussions
-- Develop and submit paper examining a methodological or empirical question
related to course content.
7/1/16
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Proposed class schedule & main readings
(In addition to OEE chapters shown, I shall suggest readings from relevant parts of the
current literature throughout the semester)
1
Jan. 27
Introduction & overview (OEE Ch. 1)
2
Feb. 3
Analytical approaches 1: the EKC (OEE 2)
3
Feb. 10
Analytical approaches 2: Gen. eq. basics (OEE 2 plus notes)
4
Feb. 17
Analytical approaches 3: Tax & environmental policies (OEE 2)
5
Feb. 24
Development and environment in Asia (OEE Ch. 3)
6
Mar.3
A model of deforestation, land degradation & emissions (OEE Ch.4)
7
Mar.10
Comparative static results and discussions (OEE Ch. 4)
Mar.17
Spring Break – no meeting
8
Mar.24
Applied general equilibrium approach (OEE Ch. 5)
9
Mar.31
AGE experiments (OEE Ch. 6-8)
10
Apr. 7
Extensions: Double dividend hypothesis, capital mobility, property
rights reforms, equilibrium unemployment…
11
Apr. 14
Student-led discussion 1
12
Apr. 21
Student-led discussion 2
13
Apr. 28
Student-led discussion 3
14
May 5
Student-led discussion 4
15
May 12
Concluding discussion
2