Principles of environmental economics and sustainability: an integrated economic and ecological approach
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| Previous Title: | Hussen, Ahmed M. Principles of environmental economics |
|---|---|
| Main Author: | |
| Format: | Book |
| Language: | English |
| Published: |
London [u.a.]
Routledge
2013
|
| Edition: | 3. ed. |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis Klappentext |
| Physical Description: | XXII, 417 S. Ill., graph. Darst. |
| ISBN: | 9780415676908 9780415676915 |
Staff View
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Record in the Search Index
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|---|---|
| adam_text | Contents
List of illustrations
xi
Preface
xv
Acknowledgements
xix
Acronyms
xxi
INTRODUCTION: WHAT IS ENVIRONMENTAL ECONOMICS ALL ABOUT?
1
The economic notion of natural and environmental resources
1
Environmental economics: scope and nature
3
References and further reading
5
PARTI
ENVIRONMENTAL ECONOMICS: FOUNDATIONAL CONCEPTS,THEORIES AND
PERSPECTIVES
7
1
THE NATURAL ENVIRONMENT ANDTHE HUMAN ECONOMY:THE NEOCLASSICAL
ECONOMIC PERSPECTIVE
9
Learning objectives
9
1.1
Introduction
9
1.2
The market as a provider of information on resource scarcity
11
1.3
Factor substitution, technological advances and resource scarcity
13
1.4
The human economy and the natural world: the neoclassical worldview
16
1.5
Chapter summary
20
Review and discussion questions
20
References and further reading
21
2
THE NATURAL ENVIRONMENT ANDTHE HUMAN ECONOMY: THE ECOLOGICAL
PERSPECTIVE
22
Learning objectives
22
2.1
Introduction
22
2.2
Ecological interdependency and its implications
26
2.3
The laws of transformations of matter-energy and their implications
30
2.4
Ecological succession and its implications
33
2.5
Humans as breakers of climaxes
37
2.6
Chapter summary
42
Review and discussion questions
43
References and further reading 44
CONTENTS
3
TRADEOFFS: ECONOMIC ACTIVITY VERSUS ENVIRONMENTAL QUALITY
46
Learning objectives
46
3.1
Introduction
46
3.2
Ecological and technological determinants of the tradeoff between economic activity
and environmental quality
48
3.3
The anatomy of market failure
52
3.4
Institutional arrangements addressing market failure
58
3.5
Chapter summary
64
Review and discussion questions
65
References and further reading
66
PART II
POLLUTION CONTROL, POLICY INSTRUMENTS, VALUATION OF THE
ENVIRONMENT AND PROJECT EVALUATION
67
4
THE ECONOMIC THEORY OF POLLUTION
CONTROL:THE
OPTIMAL LEVEL OF
POLLUTION
69
Learning objectives
69
4.1
Introduction
69
4.2
The determinants of pollution-control and damage costs
70
4.3
The optimal level of pollution
73
4.4
The optimal level of pollution: an ecological appraisal
75
4.5
Chapter summary
77
Review and discussion questions
78
References and further reading
78
5
THE ECONOMICS OF ENVIRONMENTAL REGULATIONS I: EMISSION STANDARDS
AND EFFLUENT CHARGES
79
Learning objectives
79
5.1
Introduction
79
5.2
Emission standards
86
5.3
Effluent charges
87
5.4
Chapter summary
92
Review and discussion questions
93
References and further reading
94
6
THE ECONOMICS OF ENVIRONMENTAL REGULATION
INTRANSFERABLE
EMISSION CREDITS ANDTHE
MACROECONOMIC
EFFECTS OF ENVIRONMENTAL
REGULATION
95
Learning objectives
95
6.1
Introduction
95
6.2
Transferable emission credits
96
6.3
Applying the theory: the sulfur emissions trading program in the United States
102
6.4
The
macroeconomic
effects of environmental regulations: is there a tradeoff between
employment and environmental protection?
106
6.5
Chapter summary
113
Review and discussion questions
114
References and further reading
115
7
ECONOMIC VALUATION OF ENVIRONMENTAL GOODS AND SERVICES
117
Learning objectives
117
7.1
Introduction
118
7.2
Valuation of environmental amenities and avoided damages: the methodological issue
118
Ш
vi
CONTENTS
7.3
Alternative methods for eliciting willingness to pay for environmental goods and
services: revealed preference valuation methods
121
7.4
Methods for eliciting willingness to pay for environmental goods and services: stated
preference valuation methods
130
7.5
The standard economic approach to environmental valuation: a critical assessment
138
7.6
Chapter summary
144
Review and discussion questions
145
References and further reading
146
8
FRAMEWORKS FOR THE ECONOMIC APPRAISAL OF ENVIRONMENTAL PROJECTS:
COST-BENEFIT ANALYSIS AND OTHERS
149
Learning objectives
149
8.1
Introduction
149
8.2
The welfare foundation of cost-benefit analysis
152
8.3
The net present value criterion
153
8.4
Private versus public project appraisal
154
8.5
Discounting and intergenerational equity
160
8.6
Other environmental project evaluation criteria
162
8.7
Chapter summary
169
Review and discussion questions
170
References and further reading
172
PART III
THE NEW SCARCITY
175
9
THE ECONOMICS OF CLIMATE CHANGE
177
Learning objectives
177
9.1
Introduction
178
9.2
The scientific evidence for climate change and its ecological impacts
178
9.3
The economics of global warming: basic theoretical concepts and framework of analysis
186
9.4
Global warming: the economic debates and policy implications
191
9.5
Towards the formulation of internationally binding GHG emissions targets
198
9.6
Market-based GHG emissions control policy instruments
202
9.7
Chapter summary
205
Review and discussion questions
206
References and further reading
207
10
THE ECONOMICS OF BIODIVERSITY AND ECOSYSTEM SERVICES
209
Learning objectives
209
10.1
Introduction: the evidence for worrisome trends in biodiversity loss
210
10.2
The economics rationale for biodiversity conservation
212
10.3
The optimal level of ecosystem services and biodiversity conservation
217
10.4
Why the social benefits of ecosystem services may be understated: policy implications
220
10.5
The physical evidence for overstressed global natural ecosystems: mass species extinctions
225
10.6
Chapter summary
227
Review and discussion questions
228
References and further reading
229
PART IV
SUSTAINABLE DEVELOPMENT AND THE LIMITS TO GROWTH
231
11
BIOPHYSICAL
LIMITSTO
ECONOMIC GROWTH: MALTHUSIAN PERSPECTIVES
233
Learning objectives
vii
CONTENTS
11.1
Introduction
233
11.2
Population, resource scarcity, and limits to growth: the simple Malthusian model
234
11.3
Population, the environment, technology and limits to growth: the neo-Malthusian
variation
239
11.4
Biophysical limits on growth and the concept of optimal scale: the ecological
economic variation
248
11.5
Chapter summary
255
Review and discussion questions
256
References and further reading
257
12
BIOPHYSICAL
LIMITSTO
ECONOMIC GROWTH:THE NEOCLASSICAL PERSPECTIVE
259
Learning objectives
259
12.1
Introduction
259
12.2
Increasing resource scarcity: the empirical evidence
263
12.3
Economic growth and the environment: the environmental Kuznets curve
(ЕКС)
269
12.4
Economic growth and population
277
12.5
Chapter summary
283
Review and discussion questions
284
References and further reading
285
13
THE ECONOMICS OF SUSTAINABILITY
289
Learning objectives
289
13.1
Introduction: from limits to growth debates to sustainability
289
13.2
Sustainable development: helpful term or vague and analytically empty concept?
292
13.3
The neoclassical approach to sustainability: weak sustainability
294
13.4
The ecological economics approach to sustainability: strong substitutability
298
13.5
The safe minimum standard approach to sustainability
301
13.6
Chapter summary
303
Review and discussion questions
304
References and further reading
305
14
GREEN ACCOUNTING AND ALTERNATIVE INDICATORS OF SUSTAINABILITY
307
Learning objectives
307
14.1
Introduction
307
14.2
Environmentally adjusted systems of national income accounting
308
14.3
Environmentally adjusted ^sustainable national income accounting
311
14.4
Indicators of economic and environmental sustainability
314
14.5
Physical indicators of sustainability: ecological footprint
322
14.6
Chapter summary
327
Review and discussion questions
329
References and further reading
330
15
THE BUSINESS CASE FOR ENVIRONMENTAL SUSTAINABILITY
333
Learning objectives
333
15.1
Introduction
334
15.2
Eco-efficiency: business responses to sustainability
335
15.3
Eco-effectiveness: a shift from linear to cyclical thinking
342
15.4
Eco-effectiveness: as a vision of sustainable business practice
349
15.5
Chapter summary
355
Review and discussion questions
356
References and further reading
357
VIII
CONTENTS
PART V
ENVIRONMENTAL SUSTAINABILITY IN DEVELOPING COUNTRIES
359
16
POPULATION,
POVERTY,AND
ENVIRONMENTAL DEGRADATION INTHE
DEVELOPING WORLD
361
Learning objectives
361
16.1
Introduction
362
16.2
Global population trends: causes and consequences
363
16.3
Understanding poverty and its interactions with population and the environment
368
16.4
The failure of past policy measures to reduce poverty and environmental degradation
370
16.5
New initiatives towards poverty and the environment
377
16.6
Chapter summary
386
Review and discussion questions
388
References and further reading
389
APPENDIX A RESOURCE SCARCITY, ECONOMIC EFFICIENCY AND MARKETS:
HOWTHE INVISIBLE HANDWORKS
392
APPENDIX
ВТНЕ
DEVELOPMENT OF ECOLOGICAL ECONOMICS: A BRIEF
HISTORICAL SKETCH
404
Index
408
IX
Principles of Environmental
Economics and Sustainability
Recent years have witnessed considerable consolidation between the disciplines of environmental and ecological
economics at research level, but until now textbooks in the area have done little to reflect this. Ahmed Hussen sbook
is to date the only one to reconcile the two standpoints.
The central focus of the book will continue to be on this systematic integration of both mainstream and ecological
approaches to environmental economics, and an acknowledgement that enduring solutions to major contemporary
environmental challenges can be obtained through studies based on a well-conceived and balanced interdisciplinary
approach. However, this third edition also contains much that is new. Chiefly, brand new chapters appear covering the
following topics:
The economics of climate change
The economics of biodiversity and ecosystem services
^Green accounting and alternative economic and social indicators of sustainability
The business case for environmental sustainability
An Appendix that provides a brief historical account of the development of ecological economics
The result is a comprehensive introduction to the main facets of environmental and ecological economics—a text that
boldly refuses to put up barriers between disciplines and takes a holistic approach to vital issues.
This student-friendly textbook contains a variety of study tools including learning points, boxed features, case
studies, revision questions and discussion questions, and an Appendix that provides students with a review of basic
economic principles relevant to the study of the environment and its management. Written in a clear and accessible
style, this book will prove an excel lent choice for introducing both students and academics to the world of environmental
economics.
Ahmed
Hussen
is Professor of Economics at Kalamazoo College, Michigan, USA.
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| indexdate | 2024-07-09T23:21:37Z |
| institution | BVB |
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| spelling | Hussen, Ahmed M. Verfasser (DE-588)171817761 aut Principles of environmental economics and sustainability an integrated economic and ecological approach Ahmed Hussen 3. ed. London [u.a.] Routledge 2013 XXII, 417 S. Ill., graph. Darst. txt rdacontent n rdamedia nc rdacarrier Umweltbezogenes Management (DE-588)4201709-9 gnd rswk-swf Ökosystemmanagement (DE-588)7675980-5 gnd rswk-swf Umweltpolitik (DE-588)4078523-3 gnd rswk-swf Umweltökonomie (DE-588)4061638-1 gnd rswk-swf Umweltökonomie (DE-588)4061638-1 s Umweltbezogenes Management (DE-588)4201709-9 s Umweltpolitik (DE-588)4078523-3 s Ökosystemmanagement (DE-588)7675980-5 s b DE-604 Erscheint auch als Online-Ausgabe 978-0-203-09624-6 2. Auflage Hussen, Ahmed M. Principles of environmental economics (DE-604)BV019364101 Digitalisierung UB Bayreuth application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=022457280&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Bayreuth application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=022457280&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
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| title | Principles of environmental economics and sustainability an integrated economic and ecological approach |
| title_auth | Principles of environmental economics and sustainability an integrated economic and ecological approach |
| title_exact_search | Principles of environmental economics and sustainability an integrated economic and ecological approach |
| title_full | Principles of environmental economics and sustainability an integrated economic and ecological approach Ahmed Hussen |
| title_fullStr | Principles of environmental economics and sustainability an integrated economic and ecological approach Ahmed Hussen |
| title_full_unstemmed | Principles of environmental economics and sustainability an integrated economic and ecological approach Ahmed Hussen |
| title_old | Hussen, Ahmed M. Principles of environmental economics |
| title_short | Principles of environmental economics and sustainability |
| title_sort | principles of environmental economics and sustainability an integrated economic and ecological approach |
| title_sub | an integrated economic and ecological approach |
| topic | Umweltbezogenes Management (DE-588)4201709-9 gnd Ökosystemmanagement (DE-588)7675980-5 gnd Umweltpolitik (DE-588)4078523-3 gnd Umweltökonomie (DE-588)4061638-1 gnd |
| topic_facet | Umweltbezogenes Management Ökosystemmanagement Umweltpolitik Umweltökonomie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=022457280&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=022457280&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT hussenahmedm principlesofenvironmentaleconomicsandsustainabilityanintegratedeconomicandecologicalapproach |