Environmental Valuation, Economic Policy and Sustainability

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Environmental Valuation, Economic Policy and Sustainability

Recent Advances in Environmental Economics

9781858987538 Edward Elgar Publishing
Edited by Melinda Acutt, Economic Policy Manager, Yorkshire Water, UK and Pamela Mason, Department for Environment, Food and Rural Affairs, London, UK
Publication Date: November 1998 ISBN: 978 1 85898 753 8 Extent: 232 pp
This book brings together some of the most important recent developments in the various aspects of environmental economics as well as providing an introduction to its theory and practice. Environmental valuation techniques, including exciting new approaches such as production function techniques, are outlined and applied to developed and developing countries, and to countries in transition from centrally planned to market based systems. The effectiveness of regulatory and market based policy instruments, including environmental taxation and tradeable permits, is analysed and applied to environmental problems such as the reduction of greenhouse gas emissions from transport and the conservation of biological diversity.

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Critical Acclaim
Contributors
Contents
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This book brings together some of the most important recent developments in the various aspects of environmental economics as well as providing an introduction to its theory and practice. Environmental valuation techniques, including exciting new approaches such as production function techniques, are outlined and applied to developed and developing countries, and to countries in transition from centrally planned to market based systems. The effectiveness of regulatory and market based policy instruments, including environmental taxation and tradeable permits, is analysed and applied to environmental problems such as the reduction of greenhouse gas emissions from transport and the conservation of biological diversity.
Critical Acclaim
‘. . . this volume provides a good introduction to the issues surrounding three critical areas of environmental and ecological economics: nonmarket valuation, policy choices, and sustainability. . . . Overall, I found the volume to be an interesting read . . . The primary contribution is in the collection of work in one location that provides the interested reader who is new to many of the details of the topics with the necessary foundation to pursue topics in more detail . . . Individuals in the fields of law, political science, and other policy fields will find the material accessible and interesting.’
– Wade E. Martin, The Journal of Energy and Development

‘This is a remarkable book, providing not only an excellent introduction to many of the important themes in environmental economics, but offering much more by presenting a selection of recent research into various topics in the subject . . . This is a fascinating book, both for the breadth of issues discussed, and for the treasury of ideas it provides on each of the topics. It will provide a valuable source of information for those new to environmental economics, whilst established professionals in the subject will draw inspiration and stimulation from the ideas put forward.’
– Ken Willis, Journal of Environmental Planning and Management

‘A high quality book representing well-established environmental economists as well as the new generation.’
– Aslib Book Guide

‘Probably the most satisfying feature of the development of the subject has been the emergence of a younger group of environmental economists . . . The editors’ idea of bringing some of them together with some “oldies”. . . was therefore an excellent one. The resulting chapters are stimulating and make for a very worthwhile volume.’
– From the preface by David Pearce, University College London, UK
Contributors
Contributors: G. Acharya, M. Acutt, I.J. Bateman, R. Cookson, S. Dalmazzone, V. Foster, P.G. Gómez, N. Hanley, D. Harley, M. Kuhn, P. Mason, S. Mourato, J.C.V. Pezzey
Contents
Contents: 1. An Introduction to Environmental Economics: Theory and Application (M. Acutt and P. Mason) Part I: Economic Valuation of the Environment 2. Economic Valuation in Transition Economies 3. Real and Hypothetical Willingness to Pay for Environmental Preservation 4. An Alternative Approach to Valuing Non-market Goods 5. Valuing the Environment as an Input Part II: Economic Policy Towards the Environment 6. Environmental Taxation 7. Economic Incentives for the Control of Pollution 8. Environmental Policy, Firm Location and Green Consumption 9. Environmental Regulation Part III: Environmental Sustainability 10. The Economics of Environmental Sustainability 11. Ecological Resilience and Economic Sustainability 12. Stripping Resources and Investing Abroad
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