Valuing The Environment
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Valuing The Environment Methodological And Measurement Issues
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Author : Rüdiger Pethig
language : en
Publisher: Springer Science & Business Media
Release Date : 1994-06-30
Valuing The Environment Methodological And Measurement Issues written by Rüdiger Pethig and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-06-30 with Business & Economics categories.
During the last decades, environmental economics as a science has been very successful in improving our understanding of environment-economy interdepen dence. Using conventional economic methodology, environmental aspects have been explicitly incorporated into economic models making use of the concept of externality. This concept was already familiar to economists long before evidence of severe environmental deterioration found its way into the headlines and peo ple's awareness. But before that time, external effects were not considered as being empirically very relevant, they seemed to be -like the example of the bees and the fruit trees - somewhat bucolic in nature. All that changed dramatically when it was no longer possible (or easy) to ignore the large-scale environmental disruption with its negative feedback on consumers and producers caused by growing pollution and excessive use of environmental resources. In diagnosing the discrepancy between private and social cost as the cause of the problem, the externality paradigm proved very useful. The correct diagnosis implies the straightforward cure to internalise all external cost, namely the damage cost of pollution. But it is one thing to identify the qualitative nature of the problem at an abstract conceptual level and quite another thing to place specific money values on pollution damage and society's valuation of the environment, respectively, in the context of specific pollution (control) problems. Very often it is controversial not only how inefficient the no-policy situation is but also what exactly the net benefit of any public action of reducing pollution is.
Valuing Environmental Preferences
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Author : Ian Bateman
language : en
Publisher: Oxford University Press, USA
Release Date : 2001
Valuing Environmental Preferences written by Ian Bateman and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
Just as individuals have preferences regarding the various goods and services they purchase every day, so they also hold preferences regrding public goods such as hose provided by the naural environment. However, unlike provate goods, environmental goods often cannot be valued by direct reference o any market price. Thsi amkes economic analysis of the costs and benefits of environmental change problematic. Over the past few decades a number of methods have developed to address this problem by attempting to value environmental preferences. Principal among hese has been the contingent valuation (CV) method which uses surveys to ask individuals how much they would be willing to pay or willing to accept in compensation for gains and losses of environmental goods. The period from the mid-1980s to the present day has seen a m,assive expansion in use of the CV method. From its originalroots int eh USA, through Europe and the developed world, the method has now reached worldwide application with a substantial proportion of current studies being undertaken in developing countries where environmental services are often the dominating determinant of everyday living standards. The method has simultaneously moved from the realm of pure academic speculation into the sphere of instiutional decision analysis. However, the past decade also witness a developing critique of the CV method with a number of commentators questioning the underlying validity of its dervied valuations. This volume, therefore, reflects a time of heated debate, as wellas from commentators who see it as an interesting experimental tool regardless of the question of absolute validity of estimates. The book embraces the theoritical, methodologicl, empirical, and institutional aspects of the current debate. It covers US, European , and developing country applications, and the institutional frameworks within which CV studies are applied.
Valuing The Environment Methodological And Measurement Issues
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Author : Rüdiger Pethig
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14
Valuing The Environment Methodological And Measurement Issues written by Rüdiger Pethig and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with Business & Economics categories.
During the last decades, environmental economics as a science has been very successful in improving our understanding of environment-economy interdepen dence. Using conventional economic methodology, environmental aspects have been explicitly incorporated into economic models making use of the concept of externality. This concept was already familiar to economists long before evidence of severe environmental deterioration found its way into the headlines and peo ple's awareness. But before that time, external effects were not considered as being empirically very relevant, they seemed to be -like the example of the bees and the fruit trees - somewhat bucolic in nature. All that changed dramatically when it was no longer possible (or easy) to ignore the large-scale environmental disruption with its negative feedback on consumers and producers caused by growing pollution and excessive use of environmental resources. In diagnosing the discrepancy between private and social cost as the cause of the problem, the externality paradigm proved very useful. The correct diagnosis implies the straightforward cure to internalise all external cost, namely the damage cost of pollution. But it is one thing to identify the qualitative nature of the problem at an abstract conceptual level and quite another thing to place specific money values on pollution damage and society's valuation of the environment, respectively, in the context of specific pollution (control) problems. Very often it is controversial not only how inefficient the no-policy situation is but also what exactly the net benefit of any public action of reducing pollution is.
Handbook Of Environmental Economics
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Author : Karl-Goran Maler
language : en
Publisher: North Holland
Release Date : 2003-05-20
Handbook Of Environmental Economics written by Karl-Goran Maler and has been published by North Holland this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-05-20 with Business & Economics categories.
The Handbook of Environmental Economics focuses on the economics of environmental externalities and environmental public goods. Volume I examines environmental degradation and policy responses from a microeconomic, institutional standpoint. Its perspective is dynamic, including a consideration of the dynamics of natural systems, and global, with attention paid to issues in both rich and poor nations. In addition to chapters on well-established topics such as the theory and practice of pollution regulation, it includes chapters on new areas of environmental economics research related to common property management regimes; population and poverty; mechanism design; political economy of regulation; experimental evaluations of policy instruments; and technological change.
The Measurement Of Environmental And Resource Values
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Author : A. Myrick Freeman
language : en
Publisher: Resources for the Future
Release Date : 2003
The Measurement Of Environmental And Resource Values written by A. Myrick Freeman and has been published by Resources for the Future this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
Non-market valuation is becoming increasingly accepted as an evaluative tool of economics related to environmental and resource protection. Freeman (economics, Bowdoin College) presents an overview of the literature, introducing the principal methods and techniques of resource valuation. Chapters cover the measurement of welfare changes, revealed and stated preference models, nonuse models, aggregation of values across time, environmental quality as factor input, longevity and health valuation, property value models, hedonic wage models, and recreational uses of natural resource systems. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
Valuing The Environment
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Author : Jean-Philippe Barde
language : en
Publisher: Routledge
Release Date : 2013-11-05
Valuing The Environment written by Jean-Philippe Barde and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-05 with Business & Economics categories.
This is the second in a pair of economic texts commissioned by the OECD in the field of environmental economics; The Pearce Report: Blueprint for a Green Economy puts the role which monetary evaluation of environmental costs and benefits can play firmly into the public eye. This book goes further and looks at six countries where such evaluation techniques are applied and at the obstacles to their further use. The case studies, written by leading experts in each nation, show how these methods are being taken up in the UK, Norway and Italy and the ways in which they are already extensively in use in the USA, Germany and the Netherlands. The authors also describe the obstacles to their use - the lack of knowledge of environmental economics at government level; the competition from other government priorities; and, the failure of environmental groups to grasp the importance of financial evaluation to their cause. But, as this book makes clear, significant advances are being made, both in the implementation of these economic techniques and, above all, in striking and yet further developments in economic thinking.
Sustainability And Environmental Decision Making
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Author : Euston Quah
language : en
Publisher: Springer
Release Date : 2021-06-07
Sustainability And Environmental Decision Making written by Euston Quah and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-07 with Business & Economics categories.
The primary aim of this reference volume is to provide an accessible and comprehensive review of current methods used to address resource evaluation and environmental as well as climate issues, and in a manner easily understood by decision-makers and the non-economists interested in environmental policy matters. Theoretical insight and empirical observations from various countries will be presented and recommendations on sustainable environmental decision-making will be given. Natural resource managers, environmental and climate decision-makers, government policy makers, and economics scholars will all find this volume to be an essential reference.
Valuing The Environment
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Author : David Glover
language : en
Publisher: IDRC
Release Date : 2010
Valuing The Environment written by David Glover and has been published by IDRC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
Provides an overviews of environmental economics and its strength as a way to understand and respond to environmental problems.
Alternatives For Environmental Valuation
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Author : Michael Getzner
language : en
Publisher: Routledge
Release Date : 2004-10-21
Alternatives For Environmental Valuation written by Michael Getzner and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-10-21 with Business & Economics categories.
How can we value the environment, this is the crucial issue that this book debates. The critical analyses carried out within the book by such figures as Nick Hanley and Jonathan Aldred are vital to ensuring that future economic growth is not achieved at the expense of our environment.