Economy and Climate: A Preliminary Framework for Microeconomic Analysis

Part of the Agricultural Management and Economics book series (AGRICULT.MANAG.)


The climate is an important economic resource. The Carribean economies would be a lot less prosperous with London’s climate. The same would be true if the midwestern United States had Algeria’s climate. Climate is taken for granted, but, as these examples show, it shapes a country’s economy in ways so fundamental that it tends to be overlooked.


Nash Equilibrium Greenhouse Effect Future Consumption Cumulative Emission Exhaustible Resource 
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Copyright information

© Springer-Verlag Berlin Heidelberg 1991

Authors and Affiliations

  • G. Heal
    • 1
  1. 1.Graduate School of BusinessColumbia UniversityNew YorkUSA

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