Environmental economics: concepts, methods and policies
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
London ; New York
Routledge
2025
|
| Edition: | Second edition |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | xxiv, 358 Seiten Diagramme |
| ISBN: | 9781032528243 9781032528267 |
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Record in the Search Index
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Contents List ofFigures List of Tables List of Boxes Preface Acknowledgements xi ЛТ xvii xix xxiii PART I Nature-Capital (KN) and the Economy 1 KN and Economics 1 3 Environmental Economics and Economics 3 KF and Limits to Growth 6 KF issues ofContemporary Times 8 Climate Change - The Issue of This Century 10 The Organisation of this Text 12 References 14 2 The Economic System Revised The Economic System: Standard Version 16 The Economic System and Materials Balance 19 The Economy and the Entropy Law 23 Further Adaptations of the Economic System 25 Equilibrium in the Adapted System 27 Concluding Remarks 28 Review Questions 29 References 29 16
vi Contents PART II Microeconomics and KN 3 The Market Model and Its Failure 31 33 The Functions of the Market 33 KN Goods and Market Failure 42 Price Mechanism and Property- Rights 43 Some Further Issues 48 Review Questions 48 References 48 4 Public Goods and Externalities 49 Public Goods 49 Externalities 52 Public Goods and Externalities 54 Residual Externalities 58 Review Questions 59 References 60 5 Economics of Renewable and Non-Renewable Resources 61 Objectives of Resource Management 61 Conflicts between EG and KN-O Objectives 66 Conflicts Due to Intergenerational Concern ~2 Some Resource Management Policies 78 Review Questions 82 References 83 6 Economics of Non-Renewable Resources with Renewable Services 85 A Simple Frameworkfor Pollution Control 8~ Standards 88 Taxes and Charges 92 Emissions Trading 94 Net Zero Emissions 97 Property Rights 98 Other Incentives and Disincentives 99 Review Questions 100 References 100 7 Consumer Demand and KN Utility Functions, Indifference Curves and Demand 104 Adapting the Standard Theoryfor Effects Pertaining to KN 10~ The Market Demand Curve and KN Effects 112 Elasticity’ ofDemand and KN 113 102
Contents vii Concluding Remarks 116 Review Questions 117 References 118 8 Production, Costs Supply and KN 119 The Production Function and KN 121 Production and Assimilative Capacity 123 Isoquants, Substitution and Input Mixes 128 Analysis of Costs 132 Implications 135 Review Questions 138 References 138 9 Market Organisation and KN 139 Perfect Competition and Sustainability 140 PC Versus PCS and Preference Relations 143 Monopoly 144 Oligopoly 149 Monopolistic Competition 151 Perfect Information and Full Employment ofKN 153 Concluding Remarks 155 Review Questions 156 References 156 PART 111 Macroeconomics and KN 157 10 Some Important Concepts in Macroeconomics 159 National Product 159 Real I alues and Price Level Indexes 160 Final Expenditures 161 Economic Performance and Goals of Macroeconomics 162 Λ leasurement of NP 163 The Relationship between NP and Inflation 165 AD-AS Framework 168 Concluding Remarks 174 Review Questions 175 References 175 11 KN: Investment and Depreciation KN and the Economy 176 Distinguishing KN Investments from Depreciation ofKN 178 176
viii Contents Sustainable Income 180 A Conceptual Frameworkfor DKft) 184 Some Empirical Evidence 191 Concluding Remarks 192 Review Questions 192 References 192 12 Environmental Macroeconomics: Short-Run Analysis-! 194 Equilibrium Income without DKS. 197 Equilibrium Income with D : Linear Framework 199 Equilibrium Income with D^.: Non-Linear Framework 203 Income Determination and Policy Analyses 204 Concluding Remarks 210 Review Questions 210 References 211 13 Environmental Macroeconomics: Short-Run Analysis II 212 The Standard Framework 212 Display of the Standard Framework 218 The Environmental Macroeconomic Framework 220 Concluding Remarks 228 Review Questions 228 References 229 14 Environmental Macroeconomics: Long-Run Analysis 230 Introduction 230 The Steady' State 231 The Harrod-Domar (H-D) Growth Model 233 The Swan-Solow Model 235 Endogenous Growth Models 240 An Illustration - The South Korean Economy 243 Concluding Remarks 248 Review Questions 248 15 International Trade and Globalisation Comparative Advantage and Specialisation 256 The Factor Endowment and Trade Framework 256 Trade Framework Based on the Market Model 260 The Marketfor Foreign Exchange 263 Global Issues and the Needfor a Global Paradigm 265 Concluding Comments 267 Review Questions 268 References 268 254
Contents îx PART IV Valuation 269 16 Valuation of KN: Microeconomic Basis 271 The Basis for Valuation 271 Methods Based on Demand: KN as a Consumption Good 273 Methods Based on Demand: KN as an Input in Production 278 Methods Based on Opportunity Costs (ОС) 280 Concluding Remarks 290 Review Questions 291 References 293 17 Valuation of KN: Macroeconomic Basis-I 296 Use Value of KN in Macroeconomics 296 Illustration of the Use Values of KN and the Scarcity· of KN 299 Concluding Remarks 304 Review Questions 305 References 305 18 Valuation of KN: Macroeconomic Basis-П 307 Stocks and Flows of KN 307 The Perpetual Inventory Method (PIM) 309 Adapting the PIM for KN 310 Empirical Illustration 312 Concluding Remarks 313 Review Questions 314 References 314 PARTV Policy 19 Policies for Sustainable Development Policies Aimed at Reducing Damages 319 Policies Aimed at Minimising KN Damages towards Zero and Restoring KN 331 Overarching Policies - Social Capital (KS) — A Precondition 337 Concluding Remarks 338 Review Questions 339 References 339 317
X Contents 20 An Environmental Economics for Sustainability The Premises for Sitstainability 342 Building KN into Economic Models 343 The Needfor a New Kind of Policy 345 References 347 Index 342 |
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| spelling | Thampapillai, Dodo J. Verfasser (DE-588)170594785 aut Environmental economics (2019) Environmental economics concepts, methods and policies Dodo J. Thampapillai and Matthias Ruth Second edition London ; New York Routledge 2025 xxiv, 358 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Umweltökonomie (DE-588)4061638-1 gnd rswk-swf Umweltpolitik (DE-588)4078523-3 gnd rswk-swf Environmental economics Economic development / Environmental aspects 1\p (DE-588)4123623-3 Lehrbuch gnd-content Umweltökonomie (DE-588)4061638-1 s DE-604 Umweltpolitik (DE-588)4078523-3 s Ruth, Matthias Verfasser (DE-588)170749991 aut Erscheint auch als Online-Ausgabe, eBook 978-1-003-40857-4 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035433295&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Thampapillai, Dodo J. Ruth, Matthias Environmental economics concepts, methods and policies Umweltökonomie (DE-588)4061638-1 gnd Umweltpolitik (DE-588)4078523-3 gnd |
| subject_GND | (DE-588)4061638-1 (DE-588)4078523-3 (DE-588)4123623-3 |
| title | Environmental economics concepts, methods and policies |
| title_alt | Environmental economics (2019) |
| title_auth | Environmental economics concepts, methods and policies |
| title_exact_search | Environmental economics concepts, methods and policies |
| title_full | Environmental economics concepts, methods and policies Dodo J. Thampapillai and Matthias Ruth |
| title_fullStr | Environmental economics concepts, methods and policies Dodo J. Thampapillai and Matthias Ruth |
| title_full_unstemmed | Environmental economics concepts, methods and policies Dodo J. Thampapillai and Matthias Ruth |
| title_short | Environmental economics |
| title_sort | environmental economics concepts methods and policies |
| title_sub | concepts, methods and policies |
| topic | Umweltökonomie (DE-588)4061638-1 gnd Umweltpolitik (DE-588)4078523-3 gnd |
| topic_facet | Umweltökonomie Umweltpolitik Lehrbuch |
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