Economic Model for Stubble Burning in India: A Keynesian Framework

HARIT, ADITYA (2024): Economic Model for Stubble Burning in India: A Keynesian Framework.

Abstract

Stubble burning in Punjab and Haryana presents significant environmental and health challenges. This paper develops a Keynesian economic model to analyze the equilibrium between stubble burning and alternative methods, integrating the role of government intervention, central bank policies, and trade variables. By solving the model step by step, it provide insights into how fiscal and monetary policies can optimize social welfare and address externalities associated with stubble burning.

• Item Type: MPRA Paper
• Language: English
• Keywords: Stubble Burning, Cost Analysis, Economic Equilibrium, Alternate Policies, Decision Making, Environmental Impact, Farmer Behaviour
• Subjects: C - Mathematical and Quantitative Methods > C0 - General > C02 - Mathematical Methods; E - Macroeconomics and Monetary Economics > E0 - General; E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E12 - Keynes ; Keynesian ; Post-Keynesian; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E50 - General; H - Public Economics > H0 - General > H00 - General; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q0 - General > Q01 - Sustainable Development; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q11 - Aggregate Supply and Demand Analysis ; Prices; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q19 - Other

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