Environmental and Natural Resource Economics

by Tietenberg, Tom; Lewis, Lynne

• ISBN13: 9780321485717
• ISBN10: 0321485718
• Edition: 8th
• Format: Paperback
• Copyright: 2009-01-01
• Publisher: Addison Wesley

Summary

Environmental and Natural Resource Economics, 8/e takes a policy-oriented approach, introducing economic theory in the context of debates and empirical work from the field. Students leave the course with a global perspective of both environmental and natural resource economics.Visions of the Future; Valuing the Environment: Concepts; Valuing the Environment: Methods; Property Rights, Externalities, and Environmental Problems; Dynamic Efficiency and Sustainable Development; The Population Problem; The Allocation of Depletable and Renewable Resources: An Overview; Energy: the Transition From Depletable to Renewable Resources; Recyclable Resources: Minerals, Paper, Bottles, and E-Waste; Replenishable but Depletable Resources: Water; Land; Reproducible Private-Property Resources: Agriculture; Storable, Renewable Resources: Forests; Common-Pool Resources: Fisheries and Other Commercially Valuable Species; Economics of Pollution Control: An Overview; Stationary-Source Local Air Pollution; Regional and Global Air Pollutants: Acid Rain and Atmospheric Modification; Mobile-Source Air Pollution; Water Pollution; Toxic Substances; Environmental Justice; Development, Poverty, and the Environment; The Quest for Sustainable Development; Visions of the Future Revisited.For all readers interested in environmental and natural resource economics.

Table of Contents

Visions of the Future

Introduction

Future Environmental Challenges

Meeting the Challenges

How Will Societies Respond?

The Role of Economics

The Road Ahead

Valuing the Environment: Concepts

Introduction

The Human Environment Relationship

Normative Criteria for Decision-Making

Finding the Optimal Outcome

Applying the Concepts

Appendix: The Simple Mathematics of Dynamic Efficiency

Valuing the Environment: Methods

Introduction

Why Value the Environment?

Valuing Benefits

Cost-Effectiveness

Analysis Impact Analysis

Property Rights, Externalities, and Environmental Problems

Introduction

Property Rights

Externalities as a Source of Market Failure

Improperly Designed

Property Rights Systems

Public Goods

Imperfect Market Structures

Divergence of Social and Private Discount Rates Government Failure

The Pursuit of Efficiency

An Efficient Role for Government

Dynamic Efficiency and Sustainable Development

Introduction

A Two-Period Model Defining

Intertemporal Fairness

Are Efficient Allocations Fair?

Applying the Sustainability Criterion

Implications for Environmental Policy

Appendix:The Mathematics of the Two-Period Model

The Population Problem

Introduction

Historical Perspective Effects of Population Growth on Economic Development

The Population/Environment Connection Effects of Economic Development on Population Growth

The Economic Approach to Population Control Urbanization

A Note on Using GIS to Map Population Data

The Allocation of Depletable and Renewable Resources: An Overview

Introduction

A Resource Taxonomy Efficient Intertemporal

Allocations Market

Allocations

Appendix:Extensions of the Basic Depletable Resource Model

Energy: The Transition from Depletable to Renewable Resources

Introduction

Natural Gas

Price Controls Oil

The Cartel Problem Fossil Fuels

National Security and Climate Considerations

The Other Depletable Sources

Unconventional Oil, Coal and Nuclear Electricity Energy

Efficiency Transitioning to Renewables

Recyclable Resources: Minerals, Paper, Bottles, and E-Waste

Introduction

An Efficient Allocation of Recyclable Resources

Factors Mitigating Resource

Scarcity Market Imperfections

Replenishable but Depletable Resources: Water

Introduction

The Potential for Water Scarcity

The Efficient Allocation of Scarce Water

The Current Allocation System

Potential Remedies GIS and Water Resources

Land

Introduction

The Economics of Land Allocation

Sources of Inefficient

Use and Conversion

Special Problems in Developing Countries

Innovative Market-Based Policy Remedies

Reproducible Private-Property Resources: Agriculture

Introduction

Global Scarcity

Formulating the Global Scarcity Hypothesis

Testing the Hypothesis

The Role of Agricultural Policies

A Summing Up Distribution of Food Resources Feast and Famine Cycles

Storable, Renewable Resources: Forests

Introduction

Characterizing Forest Harvesting Decisions

Sources of Inefficiency

Poverty and Debt

Sustainable Forestry Public Policy

Appendix:The Harvesting Decision: Forests

Common-Pool Resources: Fisheries and Other Commercially Valuable Species Introduction

Efficient Allocations

Appropriability and Market Solutions

Public Policy Toward Fisheries

Appendix:The Harvesting Decision: Fisheries

Economics of Pollution Control: An Overview

Introduction

A Pollutant Taxonomy Defining the Efficient Allocation of Pol

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