| 1. |
- Moore, Jason W., 1971-
(författare)
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Environmental crises and the metabolic rift in world-historical perspective
- 2000
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Ingår i: Organization & environment. - 1086-0266 .- 1552-7417. ; 13:2, s. 123-157
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Tidskriftsartikel (refereegranskat)abstract
- This article proposes a new theoretical framework to study the dialectic of capital and nature over the longue durée of world capitalism. The author proposes that today’s global ecological crisis has its roots in the transition to capitalism during the long sixteenth century. The emergence of capitalism marked not only a decisive shift in the arenas of politics, economy, and society, but a fundamental reorganization of world ecology, characterized by a “metabolic rift,” a progressively deepening rupture in the nutrient cycling between the country and the city. Building upon the historical political economy of Marx, Foster, Arrighi, and Wallerstein, the author proposes a new research agenda organized around the concept of systemic cycles of agro-ecological transformation. This agenda aims at discerning the ways in which capitalism’s relationship to nature developed discontinuously over time as recurrent ecological crises have formed a decisive moment of world capitalist crisis, forcing successive waves of restructuring over long historical time.
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| 2. |
- Moore, Jason W., 1971-
(författare)
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The Socio-Ecological Crises of Capitalism
- 2011
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Ingår i: Capital and its Discontents. - Oakland : PM Press. - 9781552663943 ; , s. 136-152
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Bokkapitel (övrigt vetenskapligt/konstnärligt)abstract
- I think the lesson is that Malthus was wrong because he took the problem of limits outside of history, outside the history that women and men make in the modern world. So the issue is not that there is no scarcity — of course, capitalism is a system that is premised on induced scarcity. That’s why markets in the capitalist era function the way that they do. So I think the mistake of the left has been in a certain reluctance to deal with the problems of scarcity, or in some cases back into an embrace of a neo-Malthusian scarcity mentality in which there are these “natural limits” that are outside of how capitalism functions historically as an ecological regime.
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| 3. |
- Zaher, Fadi
(författare)
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Evaluating Asset-Pricing Models in International Financial Markets
- 2006
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Doktorsavhandling (övrigt vetenskapligt/konstnärligt)abstract
- This thesis consists of three empirical studies on asset-prices in international financial markets. The purpose is three-fold. First, to evaluate whether good predictions of economic variables may be obtained by pooling information from a broad group of financial variables. Second, to formulate asset-pricing models from seven established stock markets. Third, to evaluate the asset-pricing models in the presence of short-sales.Chapter 2 applies a large data set, consisting of 167 monthly time series for the UK, both economic and financial, to simulate out-of-sample predictions of industrial production, inflation, three-month Treasury-Bills and other variables. Fifteen dynamic factor models that allow forecasting based on large panels of time series are considered. The performances of these factor models are then compared to the following competing models: a simple univariate autoregressive, a vector autoregressive, a leading indicator, and a non-expectational Phillips curve models. The results show that the dynamic factor models outperform the competing models in forecasting at 6-, 12-, and 24-month horizons. Two main findings are highlighted. First, the financial markets have a predictive power in terms of economic activity. Second, for some variables, the dynamic factor model appears to be more reliable than other competing models.In an attempt to analyze the equity premium puzzle and the risk-free rate puzzle, Chapter 3 compares different asset-pricing models within an international framework. To do so, it evaluates the performance of the following models: time separable-constant relative risk aversion, internal habit, external habit with externality, external habits which yield a constant risk-free rate, adaptive learning with constant gain, and state non-separability. The data are from seven industrialized countries, namely the United States, Canada, Japan, the United Kingdom, France, Denmark, and Sweden. Regarding empirical evidence, this thesis uses the Hansen-Jagannathan approaches to impose volatility restrictions on the asset-pricing models. The time-separable, adaptive learning and external habit models fail, and the evidence favors the internal habit persistence model. However, success is limited to some countries and to the equity premium puzzle rather than the risk-free rate puzzle. Finally, the state-non-separable specification consistently resolves the equity premium puzzle for all the countries.Chapter 4 analyzes the effect of market frictions on the equity premium puzzle. Indeed, in the standard asset-pricing model with time-separable preferences, the volatility of the intertemporal marginal rate of substitution is too low for plausible values of risk aversion to be consistent with consumption and asset return data. Following this, the Hansen-Jagannathan method is applied to evaluate the equity premium puzzle for the UK in two directions. First, the time-separable model, the internal and the external habit formation models and the state non-separable model are examined under the assumptions of both frictionless markets and market frictions. Second, a bootstrap experiment is conducted to show that these asset-pricing models violate the Hansen-Jagannathan bound in almost all the samples. Indeed, because of the changes in the sample means in consumption growth and asset returns, all the models appear to be weak under frictionless markets. By contrast, asset-pricing models with market frictions are much more successful in the bootstrap experiment.
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| 4. |
- Moore, Jason W., 1971-
(författare)
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Nature and the transition from feudalism to capitalism
- 2003
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Ingår i: Review: A Journal of the Fernand Braudel Center. - 0147-9032. ; 26:2, s. 97-172
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Tidskriftsartikel (refereegranskat)abstract
- An epochal transformation of nature-society relations was inscribed in the transition from feudalism to capitalism. This article advances three central propositions. First, the origins of today’s global ecological crisis are found in the emergence of the capitalist world-economy in the “long” sixteenth century - not in industrialization, population growth, or market expansion, as the conventional wisdom would have it. Secondly, the crisis of feudalism was a general crisis not only of medieval Europe’s political economy, but in equal measure an expression of feudalism’s underlying ecological contradictions. Thirdly, the rise of capitalism effected a radical recomposition of world ecology. As early as the sixteenth century, we can see how the emergent logic of capital, which at once implies endless expansion and seeks to flatten socio-ecological diversity, undermined the possibilities for a sustainable relation between nature and society. Capitalism thus differed radically from feudalism and all other precapitalist formations. Where earlier ecological crises had been local, capitalism globalized them. From this standpoint, the origins of capitalism may shed light on today’s ecological crises.
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| 5. |
- Kinnman, Susanna, 1975-, et al.
(författare)
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A global Baltic : potential gains from trade liberalisation in the Baltic sea states
- 2009
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Ingår i: Baltic Journal of Economics. - : Taylor & Francis. - 1406-099X. ; 9:1, s. 55-79
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Tidskriftsartikel (refereegranskat)abstract
- Though the Baltic Sea countries have displayed substantial growth and trading activity over the last decade, facilitated by reforms, significant trade barriers still exist. We analyse their implications, using a CGE-model. Besides the “usual suspects” (tariffs, subsidies and services barriers) and trade facilitation, we address non-tariff-measures (NTM) in a separate scenario. We find that the reforms would substantially boost national income and trade, especially for the group of emerging economies. Income gains are primarily due to elimination of dead-weight losses caused by rules and regulations and improved resource allocation. Jointly, the simulations indicate a move towards services and industrial production and export.
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| 6. |
- Geijer, Erik, et al.
(författare)
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Damned if you do, damned if you do not : reduced climate impact vs. sustainable forests in Sweden
- 2011
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Ingår i: Resources and Energy Economics. - : Elsevier. - 0928-7655 .- 1873-0221. ; 33:1, s. 94-106
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Tidskriftsartikel (refereegranskat)abstract
- The main objective of this paper is to analyze the potential goal conflict between two of Sweden's environmental objectives: Sustainable Forests and Reduced Climate Impact – or, more precisely, the conflict between forest conservation and the supply of wood fuel. To accomplish this, we use a forest sector model that includes the suppliers and major users of roundwood. The econometric results, based on a data set that spans 40 years, show that all the own price elasticities have the expected signs. Among the three forestry products, the supply and (long-term) demand of forest fuel seems to be most sensitive to a price change. In a second step, the estimated model is used to simulate the effect of increased forest conservation – the Sustainable Forest objective – on the supply of wood fuel. If oil is used as a substitute, Swedish emissions of greenhouse gases will increase by almost 0.92 percent, which indicates a clear conflict with the Reduced Climate Impact objective.
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| 7. |
- Moore, Jason W., 1971-
(författare)
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The end of the road? : agricultural revolutions in the capitalist World-ecology, 1450-2010
- 2010
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Ingår i: Journal of Agrarian Change. - : Wiley - Blackwell. - 1471-0358 .- 1471-0366. ; 10:3, s. 389-413
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Tidskriftsartikel (refereegranskat)abstract
- Does the present socio-ecological impasse – captured in popular discussions of the ‘end’ of cheap food and cheap oil – represent the latest in a long history of limits and crises that have been transcended by capital, or have we arrived at an epochal turning point in the relation of capital, capitalism and agricultural revolution? For the better part of six centuries, the relation between world capitalism and agriculture has been a remarkable one. Every great wave of capitalist development has been paved with ‘cheap’ food. Beginning in the long sixteenth century, capitalist agencies pioneered successive agricultural revolutions, yielding a series of extraordinary expansions of the food surplus. This paper engages the crisis of neoliberalism today, and asks: Is another agricultural revolution, comparable to those we have known in the history of capitalism, possible? Does the present conjuncture represent a developmental crisis of capitalism that can be resolved by establishing new agro-ecological conditions for another long wave of accumulation, or are we now witnessing an epochal crisis of capitalism? These divergent possibilities are explored from a perspective that views capitalism as ‘world-ecology’, joining together the accumulation of capital and the production of nature in dialectical unity.
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| 8. |
- Long, Vicky, et al.
(författare)
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An Indigenous Innovation : An Example from Mobile Communication Technology
- 2016
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Ingår i: Oxford Development Studies. - : Taylor & Francis Group. - 1360-0818 .- 1469-9966. ; 44:1, s. 113-133
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Tidskriftsartikel (refereegranskat)abstract
- This paper explores the processes of indigenous (global South) innovation, particularly of the “high-tech” and “radical” kind, which have spurred technological catch-up, using the example of a third-generation (3G) Chinese mobile communications technology standard. Three hypotheses were generated from this study: (a) modularity-in-design opens new windows of opportunity for technological catching-up; (b) the lack of essential intellectual property rights acts as a key inducement, or a factor-saving bias, that influences the rate and direction of indigenous innovation in the global South; and (c) the long tail of an old technology affects the take-off of a new indigenous innovation, essentially by shortening the technological distance to be covered.
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| 9. |
- Gerlee, Philip, 1980, et al.
(författare)
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Scientific Models : Red Atoms, White Lies and Black Boxes in a Yellow Book
- 2016
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Bok (övrigt vetenskapligt/konstnärligt)abstract
- A zebrafish, the hull of a miniature ship, a mathematical equation and a food chain - what do these things have in common? They are examples of models used by scientists to isolate and study particular aspects of the world around us. This book begins by introducing the concept of a scientific model from an intuitive perspective, drawing parallels to mental models and artistic representations. It then recounts the history of modelling from the 16th century up until the present day. The iterative process of model building is described and discussed in the context of complex models with high predictive accuracy versus simpler models that provide more of a conceptual understanding. To illustrate the diversity of opinions within the scientific community, we also present the results of an interview study, in which ten scientists from different disciplines describe their views on modelling and how models feature in their work. Lastly, it includes a number of worked examples that span different modelling approaches and techniques. It provides a comprehensive introduction to scientific models and shows how models are constructed and used in modern science. It also addresses the approach to, and the culture surrounding modelling in different scientific disciplines. It serves as an inspiration for model building and also facilitates interdisciplinary collaborations by showing how models are used in different scientific fields. The book is aimed primarily at students in the sciences and engineering, as well as students at teacher training colleges but will also appeal to interested readers wanting to get an overview of scientific modelling in general and different modelling approaches in particular.
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| 10. |
- Gerlee, Philip, 1980, et al.
(författare)
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Scientific Models
- 2016
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Bok (övrigt vetenskapligt/konstnärligt)abstract
- A zebrafish, the hull of a miniature ship, a mathematical equation and a food chain - what do these things have in common? They are examples of models used by scientists to isolate and study particular aspects of the world around us. This book begins by introducing the concept of a scientific model from an intuitive perspective, drawing parallels to mental models and artistic representations. It then recounts the history of modelling from the 16th century up until the present day. The iterative process of model building is described and discussed in the context of complex models with high predictive accuracy versus simpler models that provide more of a conceptual understanding. To illustrate the diversity of opinions within the scientific community, we also present the results of an interview study, in which ten scientists from different disciplines describe their views on modelling and how models feature in their work. Lastly, it includes a number of worked examples that span different modelling approaches and techniques. It provides a comprehensive introduction to scientific models and shows how models are constructed and used in modern science. It also addresses the approach to, and the culture surrounding modelling in different scientific disciplines. It serves as an inspiration for model building and also facilitates interdisciplinary collaborations by showing how models are used in different scientific fields. The book is aimed primarily at students in the sciences and engineering, as well as students at teacher training colleges but will also appeal to interested readers wanting to get an overview of scientific modelling in general and different modelling approaches in particular.
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