Environmental economics Books

Book SynopsisDrawing on the biophysical sciences, public policy, geography, economics, exploratory research and the behavioural sciences, this book offers reviews and prescriptions for the future of ecological economics, placing particular emphasis on complex sustainability problems.The book is divided into three broad parts: challenges and reviews, reorientations and openings, and frameworks and applications. To begin, the authors illustrate the limitations of ecological economics by highlighting the lack of theory and method, the need for greater interdisciplinary co-operation and the domination by economists from developed nations. They move on to present strategies to address these shortcomings by focusing on interdisciplinary methods and their theoretical basis, discussing the future prospects for ecological economics, and addressing a host of ecological economic issues from a variety of natural and social science perspectives. They aim to challenge the notion of ecological economics by addressing 'what it is', and asking 'what it could be'.The book expands current thinking on ecological economics by exploring existing avenues for integrative and interdisciplinary research and discovering new overlaps with a range of other disciplines. It will appeal to ecological and environmental economists, and academics and researchers of the social sciences, particularly environmental science and geography.Trade ReviewIt provides an extremely valuable contribution to the ongoing discussion about the value of ecological economics and should be read carefully by anyone involved in the promotion of sustainability.' -- J.N.R. Jeffers, The International Journal of Sustainable DevelopmentTable of ContentsContents: Preface 1. Ecological Economics: Prospects for Integration and Interdisciplinarity Part I: First Dimension: Challenges and Reviews 2. Research Challenges in the Twenty-First Century 3. Passion and Ecological Economics: Toward a Richer Coevolution of Value Systems and Environmental Systems 4. Beyond Disciplines: Exploring Exploratory Research as a Framework for Integration Part II: Second Dimension: Reorientations and Openings 5. Sustainability and Interdisciplinarity 6. Environmental, Ecological and Behavioural Economics 7. Economic Psychology and Ecological Economics 8. A Policy Orientation as Integrative Strategy Part III: Third Dimension: Frameworks and Applications 9. Towards an Ecological–Economic Theory of Nature Policy 10. Modelling Stochastic Technological Change in Economy and Environment Using the Kalman Filter 11. Effective Policy Interventions in Environmental Systems Using Material Budgets 12. Expanding the Concept of Flows and Developing Frameworks for Linking Social, Economic and Environmental Accounting Systems: Two Approaches for Integration Index

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Book SynopsisEconomic activities that degrade the environment do not simply pit humans against nature. They also pit some humans against others. Some benefit from these activities; others bear net costs from pollution and resource depletion. In a provocative and original analysis, James K. Boyce examines the dynamics of environmental degradation in terms of the balances of power between the winners and the losers. He provides evidence that inequalities of power and wealth affect not only the distribution of environmental costs, but also their overall magnitude: greater inequalities result in more environmental degradation. Democratization - movement toward a more equitable distribution of power - therefore is not only a worthwhile objective in its own right, but also an important means toward the social goals of environmental protection and sustainable development.Combining theoretical analysis with empirical evidence from around the world, James K. Boyce demonstrates that changes in our relationship with nature ultimately require changes in our relationships with each other. He maintains that a more democratic and environmentally sustainable future is possible, but warns that it is not inevitable.This book will appeal to students, scholars, policymakers and other readers interested in the environment, economics and public policy.Trade Review'Professor Boyce's work is an excellent example of how ecological economics can be done in an objective, evidence-based approach that can put issues on the agenda in a manner where they will be taken seriously by other scholars. . . This is a well-written and provocative book that should encourage further research on all these important issues.' -- David I. Stern, International Journal of Social Economics'This succinct and sometimes provocative book sets out to document, quantify and explain the ways in which inequalities of wealth and power create an uneven apportionment of environmental costs across the world. It offers a combination of theoretical analysis and empirical evidence to support the author's central contention that greater democratisation and changes in society's relationship with nature are paramount for achieving the dual goals of environmental protection and sustainable development. . . This book is immensely well written. . . makes for a fascinating read.' -- Ian Bailey, European Spatial Research and PolicyTable of ContentsContents: 1. Stealing the Commons 2. Let Them Eat Risk? 3. Investing in Natural and Human Capital 4. Inequality as a Cause of Environmental Degradation 5. Rethinking the Environmental Kuznets Curve 6. Power Distribution, the Environment, and Public Health 7. The Globalization of Market Failure? 8. A Squandered Inheritance 9. Democratizing Environmental Ownership Index

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Book SynopsisThe increasing scarcity of water resources (in terms of quantity and quality) is one of the most pervasive natural resource allocation issues facing development planners throughout the world. This problem is especially prevalent in less developed countries where the management of this valuable resource has become a critical policy concern. This authoritative new volume outlines the fundamental principles and difficulties that characterise this challenging task.The authors begin by detailing the significant problems of water management which are specific to developing countries. In particular, they highlight the political economy of water management in the context of both pricing and institutional reform. Five case studies from a variety of developing countries extend these themes and examine other important issues such as water markets, irrigation and the measurement of groundwater scarcity. Finally, using Cyprus as an example, the authors demonstrate the manner in which improved water management policies can be implemented in a developing country. This final part serves to illustrate the policy solutions to the problems laid out in earlier chapters.Government agencies, private consulting firms and NGOs working in the fields of water resource allocation and economic development will find this volume to be an enlightening read. Academics, practitioners and those who wish to be better informed about the role and value of water management in developing countries will also find this to be an invaluable source of reference.Trade Review'This book contains a good collection of articles about the economics and political economy of water management. . . This theoretical work is innovative and worth exploring especially when it is put in the context of problems and policies of developing countries. . . it is indeed a worthwhile collection for those dealing with natural resource management, in particular with water management.' -- Benchaphun Shinawatra Ekasingh, Quarterly Journal of International AgricultureTable of ContentsContents: Introduction Part I: Principles: Water Management Issues Surveyed 1. The Political Economy Context of Water-Pricing Reforms 2. The Political Economy of Institutional Reforms in Pakistan’s Irrigation Sector Part II: Problems: Case Studies of Special Difficulties in Developing Countries 3. Selection Through Water Markets 4. Willingness to Pay for Migratory Species Preservation: The Premium for Co-operative Agreements and Implications for Policy 5. Economic Instruments for Water Management in the Presence of Positive Externalities: The Case of Rice-based Irrigation in Sri Lanka 6. A New Methodology for Measuring Groundwater Scarcity: Theory and Application 7. Contrasting Different Methodologies to Deriving Natural Resource Scarcity Rents: Some Results from Cyprus Part III: Policies: A Case Study of Policy Making for Water Management in Cyprus 8. The Watershed Economics Management Approach: An Application to Cyprus 9. Water Management in Cyprus through a Decision-Support System 10. A Critical Examination of the New Integrated European Water Protection Regime Index

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Book SynopsisDuring the past decade the issue of a general welfare double dividend (an improvement in environmental quality combined with a positive welfare effect) triggered by a tax shift from labour to energy resources has been extensively debated. In this book, Kurt Kratena studies the employment effects of revenue neutral tax shifts from labour to energy, and measures the impact on theoretical and empirical models of the European labour market.A common theoretical framework is devised to analyse the impact of environmental tax reform. Various 'labour market regimes' (competitive labour markets, union wage bargaining and efficiency wages) are derived and taken as the starting point for different specifications of the labour market. The theoretical outcomes of tax shifts in these different labour market regimes are then analysed and compared. The results reveal that whereas an econometric based multi-sectoral model yields significant double dividend effects, a general equilibrium model only finds employment double dividend effects. The book also highlights the potentially positive economic consequences of environmental tax reform such as a shift in demand from energy to non-energy goods.This book provides a concise appraisal of the general double dividend question combined with an innovative analysis of the employment double dividend effect. It utilises extensive empirical evidence and reveals the sensitivity of the various theoretical concepts surrounding the debate. This book will be of interest and relevance to academics in the fields of environmental economics, labour theory and fiscal studies.Trade Review'This is an excellent study which is to-the-point, well-argued and topical. The book addresses important issues for fiscal policy and mitigation of climate change, and complements other studies in the area, in that it emphasises the importance of assumptions about the workings of the labour market. This is a significant contribution to the literature.' -- Terry Barker, University of Cambridge, UK'This book relates to two lines of current research on environmental taxation: the renewed interest in environmental tax reform stimulated by the issue of sustainable development and the recently discovered link to employment policy and its relationship to different labour market regimes. As such, it is a very useful source for judging the arguments that have evolved over the past decade in the context of environmental tax reform. Because of the comprehensive approach that emphasises different theoretical perspectives and the importance of empirical modelling work, the book is a valuable contribution to the double dividend debate. Of particular value is the excellent presentation of the role of different labour market regimes which contains substantial innovative material.' -- Stefan P. Schleicher, University of Graz, AustriaTable of ContentsContents: Introduction 1. General Aspects of Environmental Tax Reform 2. Theoretical Assessment of Different Labour Market Regimes 3. Environmental Tax Reform in Different Labour Market Regimes: Theory 4. Environmental Tax Reform in Different Labour Market Regimes: Applications 5. Conclusions References Index

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Book SynopsisRecent scientific research on the Mediterranean indicates that climate change will exacerbate many of the area's existing problems, including desertification, water scarcity and limits to food production. Changes in weather patterns and average temperatures are also likely to introduce new threats to human health and natural ecosystems. The authors in this significant new book identify the possible impacts and scenarios, and then define practical strategies for adapting to, and mitigating, the effects of climate change from an integrated socio-economic perspective.The book begins with a broad global overview of the probable economic and social consequences of climate change. The authors then focus on the issue of water resources and assess a range of potential problems such as increasing droughts, adequate irrigation, reduced water quality and population migration due to severe shortages. They move on to examine issues surrounding land use including desertification, degradation, agriculture and waste management. Finally, they investigate the coastal zones of the Mediterranean which are economically vulnerable to variations in climate due to their reliance on tourism. The book integrates methodological and empirical issues, provides interdisciplinary analyses of the effects of climate change and explores policy implications for the future.The informative and stimulating research found in this volume constitutes a first step towards a better understanding of climate change in the Mediterranean. It will be essential reading for researchers of environmental and resource economics, and policymakers in the Mediterranean region and in other coastal areas around the world.Table of ContentsContents Preface Carlo Carraro Foreword: Bridging physical and socio-economic research in the Mediterranean basin Gérard Begni PART I INTRODUCTION Introduction C. Giupponi and M. Shechter PART II THE ISSUES: SOCIO-ECONOMIC IMPACTS, VULNERABILITY AND ADAPTATION 1. Recent economic insights into the impacts of climate change R.S.J. Tol, S. Fankhauser, O.J. Kuik and J.B. Smith 2. Adaptation to climate variability and change: what is optimal and appropriate? R.J.T. Klein PART III CLIMATE CHANGE AND MEDITERRANEAN WATER RESOURCES 3. Climate change and water resources in the Middle East: vulnerability, socio-economic impacts and adaptation M. El-Fadel and E. Bou-Zeid 4. Water availability for agriculture under climate change: understanding adaptation strategies in the Mediterranean A. Iglesias, M.N. Ward, M. Menendez and C. Rosenzweig 5. The impacts of climate change on water resources of Lebanon – Eastern Mediterranean M.R. Khawlie 6. Economic impacts of hydrological droughts under climate change scenarios E. Iglesias Martínez, A. Gómez Ramos and A. Garrido Colmenero PART IV CLIMATE CHANGE AND MEDITERRANEAN LAND USES 7. What future for Mediterranean agriculture? A proposal to integrate socio-economics in climate change scenarios P. Rosato and C. Giupponi 8. Development of a Decision Support System for the integrated assessment of policies related to desertification and land degradation in the Mediterranean G. Engelen 9. Climate change and agriculture: an Israeli perspective N. Yehoshuar and M. Shechter 10. Assessing the ancillary socio-economic benefits of mitigating greenhouse gases from municipal solid waste management O. Ayalon, M. Shechter and Y. Avnimelech PART V CLIMATE CHANGE AND MEDITERRANEAN COASTAL AREAS 11. Assessing the impacts of climatic change in the Mediterranean coastal zones D.G. Georgas 12. Climate change and coastal zones: an overview of the state-of-the-art on regional and local vulnerability assessment H. Sterr, R.J.T. Klein and S. Reese 13. Impacts of climate change on tourism in the Mediterranean: adaptive responses A. Perry 14. Sensitivity of tourist destination choice to climate W. Lise and R.S.J. Tol Index

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Book SynopsisMountain regions represent about one fourth of the earth's surface area and provide a significant share of goods and services to humanity. In this book, the authors demonstrate how alpine environments throughout the world are particularly vulnerable to global environmental change. Alpine populations will often be affected earliest and most significantly, for example through extreme weather systems, and their scope for adaptation is relatively limited. Drawing on the natural and social sciences, particularly economics, this book supplies a broad picture of the diverse issues involved. The authors show that observed changes in natural phenomena, such as acidity and fish toxicity in high altitude lakes, clearly support the thesis on ongoing global change induced by humans. They then analyse the manifold socio-economic impacts of global environmental change which are likely to be felt in various sectors and industries including tourism, insurance and water cycle management. It is shown that adaptation options though limited can be improved, such as in natural hazard management. Finally the authors evaluate the various mitigation options available for policymakers in agriculture, energy production, transport and land use planning.Global Environmental Change in Alpine Regions demonstrates that although environmental change is a global phenomenon, the impacts are distributed unevenly and vary in severity. This book will be required reading for all students and scholars of environmental and resource economics, public management and policy.Trade Review'I found this a very interesting book. It is an excellent case study of the potential effects of climate change in an environmentally sensitive area. By focusing on a specific region and providing a fine-grained analysis that cuts across a variety of disciplines in the natural, physical and social sciences, it offers an illuminating and insightful assessment of how climate change might affect the society, economy and ecology of this region and what policies might be adopted to foster beneficial adaptations and mitigate adverse impacts.' -- Michael Hanemann, University of California, Berkeley, US'This volume innovatively bridges the gaps between disciplines to successfully present integrated and comprehensive research results covering the natural impact of and social adaptation and reaction to environmental change. In investigating mountainous regions, where the impacts of global change can be felt earlier and more significantly, it is core reading for global change researchers and policy advisors.' -- Georg Grabherr, Chairman of the Network for Alpine Biodiversity Research, European Science Foundation, Chair of the Global Observation Research Initiative in Alpine Environments and Professor of Ecology and Conservation Biology, University of Vienna, Austria'Global Environmental Change in Alpine Regions demonstrates why environmental assessments should be done by ecological regions rather than along political boundaries and provides a sobering assessment of the interconnected environmental changes and uncertainties ahead. In the face of uncertain interconnected change, these researchers humbly forego the optimization techniques they were taught in graduate school and stress monitoring, learning, and adaptive management. They establish a high standard for analyses of other regions.' -- Richard B. Norgaard, Past President, International Society for Ecological Economics and Professor of Energy and Resources, University of California, Berkeley, USTable of ContentsContents: Preface 1. Introduction and Overview Part I: Recognition 2. Alpine Waters in the Interplay of Global Change: Complex Links – Simple Effects? 3. On the Economics of Climate Change and the Climate Change of Economics Part II: Impact 4. Economic Consequences of Climate Change in Alpine Regions: Impact and Mitigation 5. Climate Change and its Impact on the Insurance Industry Part III: Adaptation 6. Human Vulnerability – Factors Influencing the Implementation of Prevention and Protection Measures: An Agent-based Approach 7. Developments in Natural Hazard Management in Alpine Countries Facing Global Environmental Change 8. The Political Practice of Natural Hazards Control in Austria and the Question of Climate Change 9. Climatological Research and its Possible Contribution to Regional Planning in an Alpine Environment Part IV: Mitigation 10. The Role of Alpine Agriculture and Forestry in Climate Change Mitigation – A Scenario Analysis 11. Climate Change Mitigation in the Alps by Means of Renewable Energy Use: The Austrian Province of Carinthia as an Illustration 12. Reducing the Global and Local Environment Impact of Transport in the Alpine Region 13.Conclusions and Future Research Prospects Index

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Book SynopsisThis major annual publication provides a state-of-the-art survey of contemporary research on environmental and resource economics by some of the leading experts in the field. The critical issues addressed in this year's volume include: the management of high seas fisheries choosing environmental risks the stability and design of international environmental agreements managing environmental risk through insurance motor vehicles and the environment recreation demand models stated preference methods for environmental valuation pollution control policy in developing countries. Table of ContentsContents: Preface 1. The Management of High Seas Fisheries Resources and the Implementation of the UN Fish Stocks Agreement of 1995 2. Choosing Environmental Risks 3. Stability and Design of International Environmental Agreements: The Case of Transboundary Pollution 4. Managing Environmental Risk Through Insurance 5. Motor Vehicles and the Environment 6. Recreation Demand Models 7. Stated Preference Methods for Environmental Valuation: A Critical Look 8. The Choice of Pollution Control Policy Instruments in Developing Countries: Arguments, Evidence and Suggestions Index

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Book SynopsisThe literature and research on environmental and resource economics has exploded in recent years. This major annual publication provides a cutting-edge survey of current research by the leading experts in the field. The Yearbook includes contributions on: climate change policy general equilibrium models in environmental and resource economics hedonic property value techniques for policy and litigation progress and problems in the economics of sustainability valuing the health effects of pollution the economics of carbon sequestration in agricultural soils tradable permits for air quality linking environmental ethics and environmental policy. Trade Review'The editors are to be commended for originating this series and for engaging the collaboration of eminent specialists in their subdisciplines.' -- Robert E. Kohn, Water, Air and Soil PollutionTable of ContentsContents: Preface 1. Climate Change Policy: Models, Controversies and Strategies 2. Computable General Equilibrium Models in Environmental and Resource Economics 3. The Use of Hedonic Property Value Techniques for Policy and Litigation 4. Progress and Problems in the Economics of Sustainability 5. Valuing the Health Effects of Pollution 6. The Economics of Carbon Sequestration in Agricultural Soils 7. Tradable Permits for Air Quality and Climate Change 8. From Environmental Ethics to Environmental Public Philosophy: Ethicists and Economists, 1973–Future Index

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Book SynopsisThe restoration of the Florida Everglades, the largest ecosystem restoration project in the world, is now underway. Missing from the original plan, however, is a study of the region's cities and farms and the economic impact their growth will make on this already endangered ecosystem. This book provides that analysis.Richard Weisskoff applies the widely-used Regional Economic Modeling Inc. (REMI) model to forecast the future of South Florida's six million-person, $300 billion economy. In addition, he supplies four significant pieces to the model, namely, detailed projections for agriculture, investment, tourism, and restoration spending. By integrating these and the results of a second economic modeling system (IMPLAN), he traces out three development paths for the region to the year 2030, and the demands for water and urban land required for each path.Also featured are the results of two land use/land cover surveys which are then used to measure the change in the value of ecosystem services in the Everglades region. The author provides an economic history of the region and statistically documents the transformation of the original Everglades into the sprawling cities and the sugar-citrus-cattle emporium, all of which share the same fragile ecosystem. The study concludes that the ultimate success of the restoration of the Everglades will depend on choices made regarding the future of the region's cities and farms.While the volume focuses on the Everglades, it serves also as a case study for other such restoration projects. Ecological and environmental economists, regional scientists, planning professionals, and government agencies will find this timely volume of great interest.Trade Review'Weisskoff's analysis of the current economic conditions in South Florida and the predictions he is able to make about their future levels represent and obvious achievement. . . Tragically, a new audience for the book might arise from the planners charged with the redesign of the city of New Orleans in the wake of Hurricane Katrina, another area where the linkages between the ecological processes and the economic and societal development of the region are quite obvious.' -- Marc Conte, Journal of Regional Science'I found the book informative and recommend it to those considering similar studies of ecological and economy conflict, water resources planners, and urban and regional economists. The book is an excellent guide for studying urban growth impacts in ecologically sensitive areas, as it is about methodology in addition to being about the Everglades region.' -- Donald E. Agthe, Journal of the American Water Resources Association'The book provides valuable contributions on three related fronts: it places past and current debates on ecosystem restoration of the Everglades in a clear systems context that acknowledges feedback between ecosystem quality and economic growth; shows for the case of the Everglades that good intentions of providing generous financial support for restoration may lead to undesired effects that actually run counter to the original goal; and demonstrates the use of regional modeling tools to develop consistent baseline forecasts and alternative scenarios.' -- Matthias Ruth, University of Maryland, College Park, USTable of ContentsContents: 1. The Professor and the Corps Part I: Findings and Forecasts 2. Forecasting the Future Economy 3. Forecasting the Demand for Water 4. Forecasting the Demand for Urban Land Part II: The Economy of the South Florida Ecosystem 5. Fundamental Issues and Conceptual Models 6. Overview of the Region’s Economy 7. History: Carving Up South Florida 8. Population and the Regions 9. The Agricultural Emporium 10. The Value of Ecosystem Services Part III: The Economics of the Missing Pieces 11. On Regional Economic Models: Some Introductory Issues 12. The REMI Control and the First Missing Piece: Agriculture 13. Economics of the Second Missing Piece: Investment 14. Economics of the Third Missing Piece: Tourism 15. Economics of the Fourth Missing Piece: Everglades Restoration Part IV: Changing the Future 16. Revisions and Retrospectives 17. Conclusions Appendices Bibliography Index

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Book SynopsisAlthough many books focus on law and economics, and environmental economics, this is one of the first to combine the two topics in a fully integrated and comprehensive manner. The authors successfully bridge the gap between the disciplines of environmental law and traditional economics in a lucid and highly accessible style.The Economic Analysis of Environmental Policy and Law covers many of the recent advances in the field and attempts to integrate some of the most crucial legal and economic instruments which, in the authors' view, have not yet been subjected to proper analysis. These include zoning, expropriation, licensing, third party liability, safety regulation, mandatory insurance and criminal sanctions. The authors pay particular attention to the interrelationships of these instruments and their various economic effects. Using a comparative law and economics methodology, they are also able to incorporate environmental law with international policy and investigate the many diverse rules of the legal system and their implementation in different countries. Crucially, the authors do not consider economics as the exclusive determinant in legal rule-making. They also highlight the need for ethical considerations and illustrate the potential limitations of pure economic analysis.The book assumes no prior knowledge of economics and will prove informative and rewarding for students of law and the social and natural sciences, especially those with an interest in environmental policy. With an extensive reference list and detailed notes on further reading material, this book will also serve as a stimulating introduction to the discipline of law and economics for environmental, political and legal practitioners.Trade Review'Sometimes, one has to teach an introductory course, for instance to civil servants, and if you should have the task to teach environmental policy and law, this is the book to recommend. It could really not be more straightforward. . . This is a wonderful introduction, and every conscientious teacher of the subject can successfully build upon it.' -- Jurgen G. Backhaus, European Journal of Law and Economics'This volume would make an excellent textbook for students of both introductory environmental economics and introductory environmental law. The examples of real world legal problems and environmental policies provide the student with the context within which the basic principles of microeconomics come alive. The scope of economic topics covered is broad and impressive, ranging from the notion of marginal cost to the idea of limits to growth. The authors have created a framework within which it is possible for both law students and economics students to learn from each other's disciplines. A truly remarkable achievement.' -- Timothy M. Swanson, University College London, UKTable of ContentsContents: 1. Introduction and Summary Part I: Rights and the Environment 2. Principles of Environmental Policy 3. Exploitation and Protection of Endangered Species 4. Property Rights Part II: Resources, Prices and Sustainable Growth 5. Prices and Markets 6. Market Failures 7. Capital, Investments, Interests and Risks 8. Sustainable Growth Part III: Transaction Costs and the Law 9. The Role of Law 10. Balancing Benefits and Costs 11. Regulation of Industry 12. Land-use Control 13. Tradable Permits, Charges and Deposits Part IV: Risk and Liability 14. Tort Law 15. Limits to Liability 16. Environmental Crime 17. Various Instruments at Various Levels of Government Bibliography Index

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Book SynopsisThe restoration of the Florida Everglades, the largest ecosystem restoration project in the world, is now underway. Missing from the original plan, however, is a study of the region's cities and farms and the economic impact their growth will make on this already endangered ecosystem. This book provides that analysis.Richard Weisskoff applies the widely-used Regional Economic Modeling Inc. (REMI) model to forecast the future of South Florida's six million-person, $300 billion economy. In addition, he supplies four significant pieces to the model, namely, detailed projections for agriculture, investment, tourism, and restoration spending. By integrating these and the results of a second economic modeling system (IMPLAN), he traces out three development paths for the region to the year 2030, and the demands for water and urban land required for each path.Also featured are the results of two land use/land cover surveys which are then used to measure the change in the value of ecosystem services in the Everglades region. The author provides an economic history of the region and statistically documents the transformation of the original Everglades into the sprawling cities and the sugar-citrus-cattle emporium, all of which share the same fragile ecosystem. The study concludes that the ultimate success of the restoration of the Everglades will depend on choices made regarding the future of the region's cities and farms.While the volume focuses on the Everglades, it serves also as a case study for other such restoration projects. Ecological and environmental economists, regional scientists, planning professionals, and government agencies will find this timely volume of great interest.Trade Review'Weisskoff's analysis of the current economic conditions in South Florida and the predictions he is able to make about their future levels represent and obvious achievement. . . Tragically, a new audience for the book might arise from the planners charged with the redesign of the city of New Orleans in the wake of Hurricane Katrina, another area where the linkages between the ecological processes and the economic and societal development of the region are quite obvious.' -- Marc Conte, Journal of Regional Science'I found the book informative and recommend it to those considering similar studies of ecological and economy conflict, water resources planners, and urban and regional economists. The book is an excellent guide for studying urban growth impacts in ecologically sensitive areas, as it is about methodology in addition to being about the Everglades region.' -- Donald E. Agthe, Journal of the American Water Resources Association'The book provides valuable contributions on three related fronts: it places past and current debates on ecosystem restoration of the Everglades in a clear systems context that acknowledges feedback between ecosystem quality and economic growth; shows for the case of the Everglades that good intentions of providing generous financial support for restoration may lead to undesired effects that actually run counter to the original goal; and demonstrates the use of regional modeling tools to develop consistent baseline forecasts and alternative scenarios.' -- Matthias Ruth, University of Maryland, College Park, USTable of ContentsContents: 1. The Professor and the Corps Part I: Findings and Forecasts 2. Forecasting the Future Economy 3. Forecasting the Demand for Water 4. Forecasting the Demand for Urban Land Part II: The Economy of the South Florida Ecosystem 5. Fundamental Issues and Conceptual Models 6. Overview of the Region’s Economy 7. History: Carving Up South Florida 8. Population and the Regions 9. The Agricultural Emporium 10. The Value of Ecosystem Services Part III: The Economics of the Missing Pieces 11. On Regional Economic Models: Some Introductory Issues 12. The REMI Control and the First Missing Piece: Agriculture 13. Economics of the Second Missing Piece: Investment 14. Economics of the Third Missing Piece: Tourism 15. Economics of the Fourth Missing Piece: Everglades Restoration Part IV: Changing the Future 16. Revisions and Retrospectives 17. Conclusions Appendices Bibliography Index

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Book SynopsisThe Kyoto Protocol was a milestone event in the process of getting global climate change on to the political agenda and taking the first tentative steps towards internationally co-ordinated action. This book brings together researchers from the disciplines of law, economics, political science and sociology to analyse the instruments which have been set up to manage climate change and the institutional shifts that are required for the reduction of greenhouse gases (GHGs). The authors highlight the need for an adequate implementation structure and well designed flexible instruments to enable emissions targets to be achieved. They discuss the level of international coordination which is required for the smooth operation of flexibility mechanisms and the importance of ensuring these instruments fit within existing national structures. In some countries, there are concerns that the introduction of cap and credit trading programmes may require an overhaul of existing environmental legislation. Technical innovations will also have a critical role to play in preparing the ground for increasingly ambitious controls of GHGs. The authors emphasise the need for an evolutionary development of instruments to support such innovations and the potentially vital roles of firms and governments to help their quick diffusion. This book presents an unusual, fascinating and highly instructive mixture of approaches which will be readily accessible to a broad array of readers from a variety of scientific backgrounds. It will prove invaluable to economists, political and social scientists, lawyers, practitioners and decision-makers involved with climate change policy and international environmental law.Trade Review'It is always a pleasure to announce a good book. Given the Kyoto Protocol, the 15 essays collected in this book discuss how it can be translated into efficient policy. . . The book is well produced, has a thorough index, and should be on the shelf of every environmental regulator and those who teach environmental economics, politics and regulation.' -- Jurgen Backhaus, European Journal of Law and EconomicsTable of ContentsContents: Part I: Kyoto 1. Key Instrumental and Institutional Design Issues in Climate Change Policy 2. The Kyoto Mechanisms and the Economics of their Design 3. Alternative Design Options for Emissions Trading: A Survey and Assessment of the Literature 4. To Design and Implement Climate Change Measures and the Need to Strike a Balance between Environmental Protection and International Trade Law 5. Developing Carbon Trading in Europe: Does Grandfathering Distort Competition and Lead to State Aid? 6. Legal Aspects of the Dutch Approach to CO2 Reduction 7. Legal Feasibility of Emissions Trading: Learning Points from Emissions Trading for Ozone-Depleting Substances 8. CDM in Climate Policies in the Netherlands: A Promising Tool? 9. Optimal Institutional Arrangements and Instruments for the Promotion of Energy from Renewable Sources 10. Domestic Capacity, Regional Institution and Global Negotiations: Lessons from the Netherlands–EU Kyoto Protocol Negotiation 11. Global Environmental Change Regimes: Impact Assessment on the Basis of an Extended GTAP Model Part II: After Kyoto 12. The Multi-sector Convergence Approach to Global Burden Sharing of Greenhouse Gas Reductions 13. The Dutch Energy Transition and its Institutional Problems: Report from a Stakeholder Assessment 14. Modulating Dynamics in Transport for Climate Protection 15. Institutional Change in Europe and the Implications for Climate Control Measures Index

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Book SynopsisThis two-volume collection includes the most important and influential contributions to environmental economics during the last ten years. The articles cover a broad range of topics, and the collection gives an excellent overview over the present state of knowledge in the field. These timely volumes will be invaluable to students and researchers alike.Table of ContentsContents: Volume I Acknowledgements Introduction Michael Hoel PART I ENVIRONMENTAL ECONOMICS PRIOR TO 1993 1. Maureen L. Cropper and Wallace E. Oates (1992), ‘Environmental Economics: A Survey’ PART II ENVIRONMENTAL REGULATION 2. Robert N. Stavins (1996), ‘Correlated Uncertainty and Policy Instrument Choice’ 3. Larry Karp and John Livernois (1994), ‘Using Automatic Tax Changes to Control Pollution Emissions’ 4. Gary Biglaiser, John K. Horowitz and John Quiggin (1995), ‘Dynamic Pollution Regulation’ 5. Arun S. Malik (1993), ‘Self-Reporting and the Design of Policies for Regulating Stochastic Pollution’ 6. Juan-Pablo Montero (2002), ‘Prices versus Quantities with Incomplete Enforcement’ 7. A. Lans Bovenberg and Ruud A. de Mooij (1994), ‘Environmental Levies and Distortionary Taxation’ 8. A. Lans Bovenberg and Lawrence H. Goulder (1996), ‘Optimal Environmental Taxation in the Presence of Other Taxes: General-Equilibrium Analyses’ 9. Lawrence H. Goulder, Ian W.H. Parry, Roberton C. Williams III and Dallas Burtraw (1999), ‘The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting’ 10. Bruno S. Frey and Felix Oberholzer-Gee (1997), ‘The Cost of Price Incentives: An Empirical Analysis of Motivation Crowding-Out’ 11. Seema Arora and Timothy N. Cason (1995), ‘An Experiment in Voluntary Environmental Regulation: Participation in EPA’s 33/50 Program’ 12. Kathleen Segerson and Thomas J. Miceli (1998), ‘Voluntary Environmental Agreements: Good or Bad News for Environmental Protection?’ PART III INTERTEMPORAL EFFICIENCY AND INTERGENERATIONAL EQUITY 13. Michael Hoel and Larry Karp (2002), ‘Taxes versus Quotas for a Stock Pollutant’ 14. Michael Hoel and Snorre Kverndokk (1996), ‘Depletion of Fossil Fuels and the Impacts of Global Warming’ 15. Ujjayant Chakravorty, James Roumasset and Kinping Tse (1997), ‘Endogenous Substitution Among Energy Resources and Global Warming’ 16. William D. Nordhaus (1993), ‘Rolling the “DICE”: An Optimal Transition Path for Controlling Greenhouse Gases’ 17. Richard B. Howarth (1998), ‘An Overlapping Generations Model of Climate-Economy Interactions’ 18. Martin L. Weitzman (2001), ‘A Contribution to the Theory of Welfare Accounting’ 19. Partha Dasgupta and Karl-Göran Mäler (2000), ‘Net National Product, Wealth, and Social Well-Being’ 20. Geir B. Asheim (1994), ‘Net National Product as an Indicator of Sustainability’ 21. Jon D. Harford (1998), ‘The Ultimate Externality’ PART IV UNCERTAINTY, IRREVERSIBILITY, AND LEARNING 22. Martin L. Weitzman (1998), ‘Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate’ 23. Alistair Ulph and David Ulph (1997), ‘Global Warming, Irreversibility and Learning’ 24. Charles D. Kolstad (1996), ‘Learning and Stock Effects in Environmental Regulation: The Case of Greenhouse Gas Emissions’ 25. Robert S. Pindyck (2000), ‘Irreversibilities and the Timing of Environmental Policy’ 26. Harry R. Clarke and William J. Reed (1994), ‘Consumption/Pollution Tradeoffs in an Environment Vulnerable to Pollution-Related Catastrophic Collapse’ 27. Geoffrey Heal and Bengt Kriström (2002), ‘Uncertainty and Climate Change’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I ENDOGENOUS TECHNOLOGICAL CHANGE 1. Adam B. Jaffe, Richard G. Newell and Robert N. Stavins (2002), ‘Environmental Policy and Technological Change’ 2. Chulho Jung, Kerry Krutilla and Roy Boyd (1996), ‘Incentives for Advanced Pollution Abatement Technology at the Industry Level: An Evaluation of Policy Alternatives’ 3. Gary Biglaiser and John K. Horowitz (1995), ‘Pollution Regulation and Incentives for Pollution-Control Research’ 4. A. Lans Bovenberg and Sjak Smulders (1995), ‘Environmental Quality and Pollution-Augmenting Technological Change in a Two-Sector Endogenous Growth Model’ 5. Lawrence H. Goulder and Koshy Mathai (2000), ‘Optimal CO2 Abatement in the Presence of Induced Technological Change’ 6. A. Xepapadeas (1995), ‘Induced Technical Change and International Agreements Under Greenhouse Warming’ PART II TRANSBOUNDARY POLLUTION, TRADE, AND ENVIRONMENTAL POLICY 7. Parkash Chander and Henry Tulkens (1995), ‘A Core-Theoretic Solution for the Design of Cooperative Agreements on Transfrontier Pollution’ 8. Carlo Carraro and Domenico Siniscalco (1993), ‘Strategies for the International Protection of the Environment’ 9. Scott Barrett (1994), ‘Self-Enforcing International Environmental Agreements’ 10. William D. Nordhaus and Zili Yang (1996), ‘A Regional Dynamic General-Equilibrium Model of Alternative Climate-Change Strategies’ 11. Snorre Kverndokk (1993), ‘Global CO2 Agreements: A Cost-Effective Approach’ 12. Michael Hoel (1996), ‘Should a Carbon Tax Be Differentiated Across Sectors?’ 13. Scott Barrett (1994), ‘Strategic Environmental Policy and International Trade’ 14. James R. Markusen, Edward R. Morey and Nancy Olewiler (1995), ‘Competition in Regional Environmental Policies when Plant Locations are Endogenous’ 15. Brian R. Copeland and M. Scott Taylor (1995), ‘Trade and Transboundary Pollution’ PART III VALUATION OF THE ENVIRONMENT 16. Richard T. Carson, Nicholas E. Flores and Norman F. Meade (2001), ‘Contingent Valuation: Controversies and Evidence’ 17. Jason F. Shogren, Seung Y. Shin, Dermot J. Hayes and James B. Kliebenstein (1994), ‘Resolving Differences in Willingness to Pay and Willingness to Accept’ 18. John K. Horowitz and Kenneth E. McConnell (2002), ‘A Review of WTA/WTP Studies’ 19. Karine Nyborg (2000), ‘Homo Economicus and Homo Politicus: Interpretation and Aggregation of Environmental Values’ 20. Raymond B. Palmquist and V. Kerry Smith (2002), ‘The Use of Hedonic Property Value Techniques for Policy and Litigation’ 21. R. David Simpson, Roger A. Sedjo and John W. Reid (1996), ‘Valuing Biodiversity for Use in Pharmaceutical Research’ Name Index

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Book SynopsisThis important book, written by some of the leading scholars in the field, provides a comprehensive overview of recent advances in coalition theory and presents both the latest theoretical developments and novel applications in the field of economics. The authors demonstrate the many uses of coalition theory and its ability to address a whole host of complex economic problems, such as the provision of global public goods, the adoption of co-operative R&D strategies and the emergence of sovereign states. By highlighting important game-theoretic results they are able to compare and contrast the effectiveness of different approaches. Some of the specific topics addressed include: advances in the theory of large co-operative games non co-operative models of coalition formation a survey of the partition function in the formation of coalitions farsightedness in coalition formation coalition stability coalition formation in industrial economics, trade theory, environmental economics, public finance. This essential study of recent theories of coalition and group formation will arm the reader with a new set of tools with which to analyse a variety of problematic economic issues. It will prove invaluable to economists, ecologists, and political and social scientists.Table of ContentsContents: Introduction 1. Advances in the Theory of Large Cooperative Games and Applications to Club Theory: The Side Payments Case 2. Non-cooperative Models of Coalition Formation in Games with Spillovers 3. Endogenous Formation of Economic Coalitions: A Survey on the Partition Function Approach 4. Farsightedness in Coalition Formation 5. Stable Coalitions 6. Endogenous Coalition Formation in Global Pollution Control: A Partition Function Approach Index

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Book SynopsisThe loss of biodiversity has put increasing pressure on the stability and continuity of ecosystems, and their ability to provide goods and services to mankind. This valuable new book addresses this issue and presents an integrated ecological-economic perspective on the analysis of biodiversity loss and conservation. It adopts a multidisciplinary approach and attempts both to provide a definition of biodiversity benefits as well as investigate alternative perspectives on biodiversity. The book also presents a classification of biodiversity values and effectively illustrates which economic valuation methods can best measure which type of biodiversity value. The distinguished authors move on to discuss the utility of the application of the economics-ecology interface and integrated modelling for the assessment of biodiversity values. In doing so, they consider the use of multi-criteria evaluation and meta-analytical methods to deal with the aggregation of information from multiple disciplines and past valuation studies, respectively. The book concludes by addressing the role of biodiversity indicators and monetary information for policy design and biodiversity management, devoting special attention to the certification and the ecolabeling of biodiversity benefits.The integration of economic and ecological theories and methods, and the strong methodological orientation will be of immense benefit to students, academics and researchers of environmental economics, environmental science and ecology. Policymakers involved with nature policy and management will also find this volume to be of great practical value.Trade Review'This is a very readable introduction to the ecological economics of biodiversity. Particularly useful is the careful presentation of four major concepts of biodiversity (genes, species, ecosystems, and functional uses) and their valuation. The authors address the concerns that biodiversity cannot (and should not) be valued, but then present the major economic valuation approaches that have been applied by economists to this thorny issue. A short volume (one of its virtues), the book is not designed to be a 'cook book' that offers detailed explanations of various valuation approaches. Rather, the book should be seen as identifying the inputs or 'ingredients' of a successful analysis. The authors pull together an impressive list of past valuation studies of biodiversity and biological resources and discuss their results, their coherence and the reasons why values may differ (often because seemingly similar studies really measure quite different attributes). In fact, this form of meta-analysis is one of the major contributions of the volume. The book ends with a short but useful chapter of conclusions and policy implications, thereby reminding us that the reason for the analysis of biodiversity uses and values is to design effective policies to ensure that more, rather than less, biodiversity is conserved for future generations. This book is highly recommended for all those who are interested in a better understanding of what biodiversity is, the likely economic values associated with it, and why it is being lost at such an alarming rate.' -- John A. Dixon, The World Bank, USTable of ContentsContents: Preface Part I: Context 1. Overview 2. Biodiversity, Ecosystem Functions and Human Activity Part II: Bio-Ecological Foundations 3. Conceptualizing Biodiversity and Ecosystem Functions 4. Measuring Biodiversity Part III: Economic Foundations 5. Economic Analysis of Biodiversity Values 6. Measuring Economic Value of Biodiversity Benefits Part IV: Economics–Ecology Interface 7. Integrated Ecological–Economic Modelling and Analysis of Biodiversity 8. Multicriteria Evaluation 9. Research Synthesis and Value Transfer Part V: Policy and Conclusions 10. Biodiversity Policy 11. Conclusions Appendix: Red Book Classification of Species References Index

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Book SynopsisIn this book a distinguished group of international contributors, from both developing and higher income countries, identify and discuss major social conflicts, labour and distributional concerns, environmental issues and impacts arising from the very rapid increase in globalisation experienced since the early 1970s. Issues considered include possible alternatives to globalisation; cultural and linguistic inequalities associated with globalisation, consequences of growing regionalism and economic inequality between and within nations. Poverty, international migration, biodiversity conservation, natural resource sustainability, and global trade in genetically modified organisms (GMOs) are also discussed.A substantial introductory chapter provides a significant overview of the rate and process of economic globalisation and integrates the contributions and their interconnections for the reader. Economic Globalisation offers policy proposals and responses and represents divergent views and rigorous theoretical analysis.Economists, particularly those with an interest in international economics, labour, environmental and ecological economics, macroeconomics and social economics will all find this book of great interest.Trade Review'. . . the book is interesting and the issues focused upon bring to light the different perspectives on globalisation that would be useful to the student, manager and the researcher.' -- Ajit Prasad, Global Business Review'This work makes a significant contribution to the literature on globalisation. It is comprehensive and cogently addresses serious questions, providing a variety of perspectives without sacrificing rigor. The editors provide an excellent overview and have thoughtfully chosen the topics. This will be an essential book for anyone who wants an intelligent discussion of the real issues surrounding globalisation.' -- Darwin C. Hall, California State University, US, Editor, Contemporary Economic Policy and Editor, Advances in the Economics of Environmental ResourcesTable of ContentsContents: Preface Part I: Background Part II: Rich and Poor Nations and Globalisation: Different Attitudes, Perspectives and Benefits Part III: Labour Issues and Distributional Conflicts Part IV: Environmental Issues and Impacts Index

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Book SynopsisThis comprehensive Dictionary is an important reference tool for all those interested in environmental science and environmental studies. Written in a clear and accessible style, the dictionary includes over three thousand up-to-date entries, all accompanied by a detailed yet straightforward definition covering all aspects of the subject.The book also includes three primers, which will bridge the gap between each discipline covered. These consist of introductions to environmental economics, international environmental problems and environmental systems, dynamics and modelling. Another unique feature is the inclusion of an appendix which lists and describes the world's major international environmental agreements.This Dictionary with its primers and appendices will prove immensely useful to all students and scholars of environmental science and studies.Trade Review'I would recommend the current book to schools and public libraries.' -- John Goodier, Reference Reviews'This Dictionary offers a much needed transdisciplinary reference presenting clear and concise meanings for disciplinary jargon and the specialised uses of certain familiar terms in the context of environmental economics, resource sciences and policy analysis.' -- Thilak Mallawaarachchi, The Australian Journal of Agricultural and Resource Economics'A Dictionary of Environmental Economics, Science and Policy offers a reference that bridges the gap between the disciplines of environmental economics, environmental sciences and environmental studies. . . . This dictionary if a valuable reference source for professionals in natural resource and environmental management and for non-specialists.' -- Fakhry A. Assaad, Environmental Geology'Definitions are concise and readable even for readers with limited knowledge of the field. . . . Libraries serving environmental studies departments will want to add this unique, useful titles to their collections.' -- J.B. Napp, Choice'At last, three authors who have recognised the need for economic literacy among environmental scientists and scientific literacy for economists. Quentin Grafton and his colleagues offer a wide-ranging, ambitious, but highly successful guide to the ever-expanding terminology that any modern-day environmental researcher and reader needs. One to keep on the reference shelf.' -- David Pearce, University College London, UK'In a field like environmental studies that cuts across so many diverse disciplines, scholars and students really need a basic reference like this Dictionary<\/i>. It provides concise definitions of a myriad of terms from economics, environmental science, and the policy arena. And even more, it also provides a set of excellent primers for environmental economics itself and some related issues. It is an invaluable reference.' -- Wallace E. Oates, University of Maryland and Resources for the Future, US'This book is a very useful reference for professionals in natural resource and environmental management. . . . I recommend that practitioners get a copy for their own reference and that courses in this area adopt the book as a supplemental text.'- From the foreword by Robert Mendelsohn, Yale University, USTable of ContentsContents: Acknowledgements Preface Introduction • Economics for the Environment: A Primer • International Environmental Problems: A Primer • Environmental Systems, Dynamics and Modeling: A Primer • Annotated References: A Starting Point • Dictionary of Environmental Economics, Science, and Policy • References • Appendix 1: Greek Alphabet Appendix 2: Roman Numerals Appendix 3: Système Internationale Units Appendix 4: Prefixes of the Système Internationale (SI) Appendix 5: Common Abbreviations Appendix 6: Geological Time Appendix 7: Selected Environmental Treaties and Conventions

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Book SynopsisHow are the economic values of water and water quality accounted for in policy and project appraisal? This important book gives an overview of the state-of-the-art in Cost-Benefit Analysis (CBA) in water resources management throughout Europe and North America, along with an examination of current applications. The distinguished authors highlight problems and challenges encountered in the use of CBA in 15 country-specific case studies. Based on these case studies, the value and limits of CBA in water resources management are assessed and special attention is paid to the institutional and policy context in which CBA is carried out.Cost-Benefit Analysis and Water Resources Management is written for both academics and policymakers interested in the use and usefulness of CBA in water resources management.Trade Review'Water is not just H2O, but has a socioeconomic value for many use and non-use purposes. This volume contains a varied set of very interesting evaluation studies on water resources management. The editors have served the scientific community and relevant policy bodies with a balanced collection of operational contributions to a solid cost-benefit perspective on water management. This book is certainly an eye-opener for anyone interested in the significance of cost-benefit analysis for water policy issues.' -- Peter Nijkamp, VU University Amsterdam, The Netherlands'The book chapters are written to accommodate readers of various disciplines, using a descriptive analysis of complicated issues to be easily comprehended by non-technical readers. The coverage of the issues is also phenomenal, including application of CBA to flood control, river restoration, river basin management, water quality, ground water, and water allocation, to mention only a few. The group of contributing experts is also very impressive, including authoritative practitioners and academicians, all of whom display a high level of expertise and experience. In a world where water becomes a contested scarce resource, the appropriate use of economic tools in a policy context is a very important goal. This book with its authoritative guidance does contribute to achieving it.' -- Ariel Dinar, World Bank and Johns Hopkins School of Advanced International Studies, US'This book provides a solid foundation in the theory and methods of cost-benefit analysis of water resources, along with a wide range of case studies that illustrate the practical aspects of applying cost-benefit analysis. There is much an aspiring cost-benefit practitioner and water resources planner can learn from this volume to improve the economic efficiency of water resource management.' -- John Loomis, Colorado State University, US'This book offers a unique and very coherent collection of ambitious CBA studies of water-related issues. It can be seen as a showcase of the potential, as well as a test on the limits, of cost-benefit analysis. Given the increasing importance of effective and efficient management of water - in response to water scarcity, water pollution and climate trends - the lessons from this book will be very useful to policymakers and social scientists alike.' -- Jeroen van den Bergh, Vrije Universiteit Amsterdam, The NetherlandsTable of ContentsContents: 1. Introduction R. Brouwer and D.W. Pearce 2. Economic Criteria for Water Allocation and Valuation R.A. Young 3. Water as an Economic Good J. Briscoe 4. Appraising Flood Control Investments in the UK D.W. Pearce and R. Smale 5. Cost–benefit Analysis and Flood Control Policy in the Netherlands R. Brouwer and J.M. Kind 6. Cost–benefit Analysis of River Restoration in Denmark A. Dubgaard, M.F. Kallesøe, J. Ladenburg and M.L. Petersen 7. Cost–benefit Analysis and Complex River Basin Management in the Stockholm Archipelago in Sweden P. Frykblom, H. Scharin, T. Söderqvist and A. Helgesson 8. The Costs and Benefits of Implementing the European Urban Waste Water Directive in Greece A. Kontogianni, M. Skourtos, B. Zanou and I.H. Langford 9. Cost–benefit Analysis of the Remedial Action Plan to Improve Water Quality in the Great Lakes in Canada D.P. Dupont and S. Renzetti 10. Benefit–cost Analysis of Regulations Affecting Surface Water Quality in the United States C. Griffiths and W. Wheeler 11. The Costs and Benefits of a Revised European Bathing Water Directive in the Netherlands R. Brouwer and R. Bronda 12. Cost–benefit Analysis of Improved Bathing Water Quality in the United Kingdom as a Result of a Revision of the European Bathing Water Directive S. Georgiou, I.J. Bateman and I.H. Langford 13. Cost–benefit Analysis of Large-Scale Groundwater Remediation in France J.-D. Rinaudo and S. Loubier 14. Cost–benefit Analysis and Efficient Water Allocation in Cyprus B. Groom, P. Koundouri and T. Swanson 15. Cost–benefit Analysis, Water Scarcity and Sustainable Water Use in Spain J. Maestu, P. Campos-Palacín and J. López-Linage 16. Cost–benefit Analysis of Urban Water Supply in Mexico City G. Soto Montes de Oca and I.J. Bateman Index

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Book SynopsisNon-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, the authors provide a guide to the statistical and econometric practices that economists employ in estimating non-market values.The authors develop the econometric models that underlie the basic methods: contingent valuation, travel cost models, random utility models and hedonic models. They analyze the measurement of non-market values as a procedure with two steps: the estimation of parameters of demand and preference functions and the calculation of benefits from the estimated models. Each of the models is carefully developed from the preference function to the behavioral or response function that researchers observe. The models are then illustrated with datasets that characterize the kinds of data researchers typically deal with. The real world data and clarity of writing in this book will appeal to environmental economists, students, researchers and practitioners in multilateral banks and government agencies.Table of ContentsContents: Preface 1. Welfare Economics for Non-market Valuation 2. Parametric Models for Contingent Valuation 3. Distribution-Free Models for Contingent Valuation 4. The Distribution of Willingness to Pay 5. Topics in Discrete Choice Contingent Valuation 6. Modeling the Demand for Recreation 7. Single Site Demand Estimation 8. Site Choice Models 9. Hedonic Price Equations 10. New Directions in Non-market Valuation References A. Maximum Likelihood Estimation B. Some Useful Results Index

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Book SynopsisThis unique book examines the problem of global warming from the perspective of Asian Pacific countries. The unprecedented economic and demographic growth over the past two decades has increased the importance of the Asian Pacific region. It has become both a very large source of greenhouse gases as well as an important site to measure climate change impacts. Complex economic tools including computable general equilibrium models, international input-output models and engineering-economic models are used to assess the baseline emission levels and abatement costs for the economies examined. All outcomes suggest that abatement is possible, but will be expensive. The studies also suggest that the more energy efficient the economy, the higher the costs of further abatement. The book reveals how Asian countries in the tropics are more likely to be harmed than those in the temperate zone. Alternative strategies to mitigate carbon emissions such as energy conservation, emission permit trading, carbon tax, and carbon sequestration are examined to tackle the difficult problem of establishing effective policy tools to control warming in the Asian Pacific and the globe. While no single author provides a complete answer to this complex problem, all authors provide vital information and new ideas with which to fashion workable international and regional policies.Global Warming and the Asian Pacific is likely to be read by scholars and researchers of Asian studies, environmental and resource economics, as well as policymakers and those specifically involved in global warming research and policy.Trade Review'This well structured volume covers an important topic in a timely and comprehensive manner. The editors have brought together a knowledgeable and distinguished team of writers, who clearly articulate the Asia Pacific viewpoint on climate change. They should be congratulated on producing a nicely written book which will be of great interest to students, researchers and policymakers.' -- Mohan Munasinghe, Munasinghe Institute for Development (MIND), Colombo, Sri Lanka and Intergovernmental Panel on Climate Change (IPCC), Geneva, SwitzerlandTable of ContentsContents: Foreword 1. Global Warming and the Asian Pacific Part I: Baseline Emissions 2. Forecasting Carbon Dioxide Emissions in Vietnam 3. Baseline Forecasting for Greenhouse Gas Reductions in Taiwan: A Dynamic CGE Analysis 4. Forecasting Baseline CO2 Emissions in Japan 5. Analysis of Economic and Environmental Interdependency in East Asian Countries Part II: Abatement Costs 6. Effect of Energy Tax on CO2 Emissions and Economic Development in Taiwan, 1999–2020 7. Impact of Carbon Tax and Reduced CO2 Emissions on Chinese Economy: A Static CGE Analysis 8. Cost of Reducing CO2 Emissions in Japan 9. Greenhouse Gas Mitigation Through Energy Crops in the US with Implications for Asian Pacific Countries Part III: Warming Impacts 10. Climate Change and Crop Yield Distribution in Taiwan 11. Will Global Warming Cause Heat Stress? 12. The Impact of Climate Change on Asian Pacific Countries Part IV: Policy Instruments 13. Reducing Cost Uncertainty and Encouraging Ratification of the Kyoto Protocol 14. A Better Alternative to the Kyoto Protocol 15. Joint Implementation, the Clean Development Mechanism and the Baseline: An Economic Analysis 16. Economic Issues Related to Design of a Domestic Permit Trading System Index

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Book SynopsisThis book asks an important question of how management of the environment may benefit firms. The authors take an objective, neutral perspective on the extent to which environmental issues should, or should not, be addressed within the management of business corporations.The Environment in Corporate Management includes an up-to-date treatment of business practices, norms and standards, using the tools of microeconomic and industrial organisation analysis to provide an ordered and consistent picture. The analysis is couched within stakeholder theory, which determines how costs and benefits are defined for the firm. Utilising the most recent information the book also focuses on the underlying long-term trends. Actual examples and case studies illustrate the discussions. The authors conclude by highlighting the inevitable need to link environment and finance, for better stakeholder relationships and business performance.This unique book is written clearly and accessibly, but with a firm grounding in academia to challenge scholars and researchers in areas including environmental studies, business, economics and finance. Practitioners will also find the book of great interest.Trade Review'What is needed . . . is a cool, detached look at environmental and social responsibility in the context of the firm . . . and which utilises the formidable insights that come from the dramatic developments in economics in the last few decades. This is why I welcome Jean-Baptiste Lesourd and Steven Schilizzi's book. It takes the viewpoint of the firm and brings it to bear on the various issues and the general findings of the theories of industrial organisation and microeconomics. This volume is not littered with maths and formal proofs, rather the intuition and results from that thinking have been turned into practical observation and recommendation.' -- From the foreword by David Pearce, University College London, UKTable of ContentsContents: Foreword by David Pearce OBE Preface by Lena Gevert 1. Introduction 2. Environmental Management and its Benefits to the Firm’s Stakeholders 3. Environment and Business Ethics 4. Corporate Environmental Accounting 5. Corporate Environmental Reporting 6. Environmental Management and Corporate Finance 7. The Management of Environmental Risks 8. Environmental Management Systems: The ISO 14001 and EMAS International Standards 9. Eco-marketing and the Environmental Quality of Goods 10. Conclusions Index

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Book SynopsisThe role of stakeholders is integral to corporate sustainability as society increasingly demands that corporations play a role in achieving environmental objectives in addition to building shareholder wealth. In the first book to gather cutting-edge research on the interactions between stakeholders and organizations within the context of corporate sustainability, the contributors to this volume provide a diversity of perspectives from North America, Europe, and Oceania.The authors examine the role stakeholders play in influencing regulations on global issues such as climate change and national and regional problems. Stakeholder selection of companies and the sustainability issues they choose to target are explored, as are the ways in which organizations motivate them to participate in the evolution of holistic sustainable solutions. The interactions between stakeholder pressures, organizational characteristics and corporate sustainability practices are also covered. Finally, the volume provides an examination of the dynamic structure of organizational fields in the European automobile industry in order to analyze the factors that foster or hinder ecological modernization.Academics, environmental consultants, sustainability managers, NGOs, and international development institutions will find this timely volume of great value.Table of ContentsContents: 1. Stakeholders, the Environment and Society: Multiple Perspectives, Emerging Consensus 2. Stakeholders and the Management of Freshwater Resources in New Zealand: A Critical Commons Perspective 3. Influential Environmental Stakeholders: A Grounded Model of Processes for Effecting Change 4. Stakeholder Influence Strategies for Smarter Growth 5. Toward Stakeholder Responsibility and Stakeholder Motivation: Systemic and Holistic Perspectives on Corporate Sustainability 6. Who Speaks for the Trees? Invoking an Ethic of Care to Give Voice to the Silent Stakeholder 7. Managing Organizational Project Risks of Stakeholder Demands in Industrial Investments 8. Organizational Innovation as an Opportunity for Sustainable Enterprise: Standardization as a Potential Constraint 9. Contributions of Product-Oriented Environmental Management to Corporate Sustainability 10. Institutional Pressure and Environmental Management Practices 11. Environmental Management Systems and Sustainability: A Framework for Understanding Stakeholder Influence 12. The Ecological Modernization of Organizational Fields: A Framework for Analysis Index

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Book SynopsisThe first Handbook of original articles by leading scholars of global environmental politics, this landmark volume maps the latest theoretical and empirical research in this young and growing field. Captured here are the dynamic and energetic debates over concerns for the health of the planet and how they might best be addressed. The introductory chapters explore the intellectual trends and evolving parameters in the field of global environmental politics. They make a case for an expansive definition of the field, one that embraces an interdisciplinary literature on the connections between global politics and environmental change. The remaining chapters are divided into three broad themes - states, governance and security; capitalism, trade and corporations; and knowledge, civil societies and ethics - with each section providing a cohesive discussion of current issues. In-depth explorations are given to topics such as: global commons, renewable energy, the effectiveness of environmental cooperation, regulations and corporate standards, trade liberalization and global environmental governance, and science and environmental citizenship.A comprehensive survey of the latest research, the Handbook is a necessary reference for scholars, students and policymakers in the field of global environmental politics.Trade Review'The book's greatest strength is the range and theoretical ambition of its contributions to regime theory, governance, and international cooperation. . . Recommended. Graduate students, researchers, and faculty.' -- D.L. Feldman, ChoiceTable of ContentsContents: PART I: INTRODUCTION 1. Global Environmental Politics: Handbook Topics and Themes Peter Dauvergne 2. Research in Global Environmental Politics: History and Trends Peter Dauvergne PART II: STATES, GOVERNANCE AND SECURITY 3. Garrett Hardin and Tragedies of Global Commons Marvin S. Soroos 4. Studying the Global Commons: Governance Without Politics? John Vogler 5. Globalization and Environmental Protection on the High Seas Elizabeth R. DeSombre 6. Renewable Energy and International Politics Ian H. Rowlands 7. Effectiveness, Capacity Development and International Environmental Cooperation Stacy D. VanDeveer 8. Why Environmental Politics Looks Different from the South Adil Najam 9. Man, The State and Nature: Rethinking Environmental Security Richard A. Matthew 10. Filthy Rich, Not Dirt Poor! How Nature Nurtures Civil Violence Indra de Soysa 11. Why is There No Unified Theory of Environmental Governance? Oran R. Young PART III: CAPITALISM, TRADE AND CORPORATIONS 12. Towards a Political Economy of Global Environmental Governance Peter Newell 13. Environmental Governance . . . or Government? The International Politics of Environmental Instruments Andrew Jordan, Rüdiger K.W. Wurzel and Anthony R. Zito 14. Environmental Regulation, Certification and Corporate Standards: A Critique Ronnie D. Lipschutz 15. Incentives Affecting Land Use Decisions of Nonindustrial Private Forest Landowners Abigail M. York, Marco A. Janssen and Elinor Ostrom 16. Green Political Economy and the Promise of the Social Economy John Barry and Graham Smith 17. Moving the Earth: Cars and the Dynamics of Environmental Politics Matthew Paterson 18. Transnational Corporations and Global Environmental Governance Jennifer Clapp 19. Environmental Policy and the Environmental Kuznets Curve: Can Developing Countries Escape the Detrimental Consequences of Economic Growth? Matthew A. Cole and Eric Neumayer 20. Trade Liberalization and Global Environmental Governance: The Potential for Conflict Kate O’Neill and William C.G. Burns 21. The Environment, Trade and International Organizations J. Samuel Barkin 22. Race to the Middle: Environmental Politics in the Mercosur Free Trade Agreement Kathryn Hochstetler PART IV: CIVIL SOCIETIES, KNOWLEDGE AND ETHICS 23. Science and Environmental Citizenship Sheila Jasanoff 24. Science and International Environmental Governance Peter M. Haas 25. Knowledge and Global Environmental Policy Marc Williams 26. Vulnerability Analysis and Environmental Governance Marybeth Long Martello 27. Growth and Fragmentation in Expert Networks: The Elusive Quest for Integrated Water Resources Management Ken Conca 28. After Nature: Environmental Politics in a Postmodern Age Paul Wapner 29. Transnational Environmental Harm, Inequity and the Cosmopolitan Response Lorraine Elliott 30. Gaia Theory: Intimations for Global Environmental Politics Karen Litfin Index

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Book SynopsisThis book presents a valuable new tool for water management - water resource accounting - which significantly advances the economic analysis of water. Water resource accounts integrate detailed information about water supply and use with national income accounts to show the economic use of water, costs and tariffs paid, and the economic value of water for different economic uses.Based on the UN's handbook for environmental accounting, this book describes the implementation and policy application of water accounts in three African countries - Botswana, Namibia and South Africa - and discusses how they have been used by water managers. The book compares water use across the three countries, explaining the differences in water resources and water policy. In addition to the comprehensive outline of physical and monetary water accounts for each country, the authors provide an extensive discussion of water valuation as well as addressing a number of issues of regional importance, including water accounting for an international river basin and the impact of trade on each country's water use.By demonstrating the usefulness of water resource accounts, this book makes a major contribution to the literature on water economics and management, sustainable development, and to the development of environmental accounting in general. The Economics of Water Management in Southern Africa will appeal to a wide readership including: environmental and development economists NGOs concerned with sustainable development environmental advocacy groups professionals (economists and environmentalists) working in Africa on water and sustainable development issues water professionals national accounts experts and statisticians. Table of ContentsContents: Preface 1. Introduction to Water Issues and Water Accounting in Southern Africa Glenn-Marie Lange and Rashid Hassan PART I: WATER ACCOUNTS 2. Water Accounting in Botswana: Progress and Challenges Jaap Arntzen 3. Water Accounts and Water Policy in Namibia Glenn-Marie Lange 4. Environmental and Economic Accounts for Water in South Africa Rashid Hassan and Jackie Crafford PART II: MAJOR REGIONAL WATER POLICY ISSUES 5. Comparison of Water Use in Botswana, Namibia and South Africa Glenn-Marie Lange and Rashid Hassan 6. International Trade and Water Use Glenn-Marie Lange and Rashid Hassan PART III: ECONOMIC VALUATION OF WATER 7. Methodologies for Valuation of Water Services Glenn-Marie Lange and Rashid Hassan 8. Case Studies of Water Valuation in Namibia’s Commercial Farming Areas Glenn-Marie Lange 9. The Value of Water for Off-stream Uses in South Africa Rashid Hassan and Eric Mungatana References Index

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Book SynopsisThe Environmentalism of the Poor has the explicit intention of helping to establish two emerging fields of study - political ecology and ecological economics - whilst also investigating the relations between them.The book analyses several manifestations of the growing 'environmental justice movement', and also of 'popular environmentalism' and the 'environmentalism of the poor', which will be seen in the coming decades as driving forces in the process to achieve an ecologically sustainable society. The author studies, in detail, many ecological distribution conflicts in history and at present, in urban and rural settings, showing how poor people often favour resource conservation. The environment is thus not so much a luxury of the rich as a necessity of the poor. It concludes with the fundamental questions: who has the right to impose a language of valuation and who has the power to simplify complexity? Joan Martinez-Alier combines the study of ecological conflicts and the study of environmental valuation in a totally original approach that will appeal to a wide cross-section of academics, ecologists and environmentalists.Trade Review'This is a wonderful book - rich in empirical detail, full of theoretical insights, offering hope in a bleak world, altogether inspiring. . . a tremendous achievement of having helped to create the disciplines of ecological economics and political ecology, bringing them alive in this book, and making their insights available to the developing worldwide movement for environmental justice.' -- Pat Devine, Environmental Values'Any book by the ecological economist Joan Martinez-Alier is a Big Publishing Event. . . this is a book by a writer who loves his subject, knows it well, respects its history, and is driven by the desire to do justice. These are qualities enough to send you to the bookshop or the library in search of The Environmentalism of the Poor' -- Andrew Dobson, Environment Politics'The book is a worthy and in-depth contribution to debates about political ecology and ecological economics. It should be read by all environmental and ecological economists who wish to make their analysis more relevant.' -- Tim Forsyth, Progress in Development Studies'A marvellous combination of insight, research and activism. . . A must-read for policymakers, practitioners and academics alike, and for anyone concerned with sustainable development, environmentalism or poverty alleviation.' -- Human Ecology JournalTable of ContentsContents: Preface 1. Currents of Environmentalism 2. Ecological Economics: ‘Taking Nature into Account’ 3. Indices of (Un) Sustainability, and Neo-Malthusianism 4. Political Ecology: The Study of Ecological Distribution Conflicts 5. Mangroves Versus Shrimps 6. The Environmentalism of the Poor: Gold, Oil, Forests, Rivers, Biopiracy 7. Indicators of Urban Unsustainability as Indicators of Social Conflict 8. Environmental Justice in the United States and South Africa 9. The State and Other Actors 10. The Ecological Debt 11. On the Relations between Political Ecology and Ecological Economics Bibliography Index

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Book SynopsisThe siting or development of risky facilities, such as nuclear power plants or waste repositories, remains an intractable policy problem for all democratic nations. In this valuable new book, the authors present a comparative study of various siting controversies in North America, Asia, Europe and Australia. They argue that devising effective policies for dealing with siting conflicts will require social learning and changes in both institutional design and policy process. This volume studies the issue of siting in the context of a transactions cost framework. It analyses the extent to which the institutional and policy environment can assist in managing siting conflicts, as well as considering the effect of other important factors such as equity, incentive structures, social pressures, alliances, the nature of decision processes and information strategies. By adopting a broad comparative perspective and using international case studies, the authors are able to identify the similarities and differences in siting problems between nations, and the approaches and policies adopted. As well as extending the theoretical and comparative knowledge of siting conflicts, they also help to develop more robust and effective policies for managing and resolving future disputes. This book addresses a growing policy problem confronting all democratic nations. By exploring the lessons to be learned from international siting experiences, it will prove invaluable reading for academics, policymakers, government agencies, NGOs, and other societal interests involved in environmental and siting issues.Table of ContentsContents: Preface 1. Transaction Costs and Institutional Change 2. Siting Hazardous Facilities: Searching for Effective Institutions and Processes 3. Fair Strategies for Siting Hazardous Waste Facilities 4. Mitigation and Benefits Measures as Policy Tools for Siting Potentially Hazardous Facilities: Determinants of Effectiveness and Appropriateness 5. Social Pressure in Siting Conflicts: A Case Study of Siting a Radioactive Waste Repository in Pennsylvania 6. The Limits of Flexible and Adaptive Institutions: The Japanese Government’s Role in Nuclear Power Plant Siting over the Post War Period 7. Implementing Structured Participation for Regional Level Waste Management Planning 8. Communication and Information: Unanticipated Consequences in France’s Underground Laboratory Siting Process 9. Balancing Risks to Nature and Risks to People: The Coode Island/Point Lillias Project in Australia 10. Visions of the Future for Facility Siting Index

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Book SynopsisThis important book presents fresh thinking and new results on the measurement of sustainable development. Economic theory suggests that there should be a link between future wellbeing and current wealth. This book explores this linkage under a variety of headings: population growth, technological change, deforestation and natural resource trade. While the relevant theory is presented briefly, the chief emphasis is on empirical measurement of the change in real wealth: this measure of net or 'genuine' saving is a key indicator of sustainable development. The methodological and empirical work is bolstered by tests of the predictive power of genuine saving in explaining future consumption and economic growth. Just as importantly, the authors show that many resource-abundant countries would be considerably wealthier today had they managed to save and invest the profits from natural resource exploitation in the past.Wealth, Welfare and Sustainability will be of great interest to environmental and resource economists, specialists in 'sustainability' indicators from other disciplines and also development and growth economists.Table of ContentsContents: Preface 1. Introduction 2. Wealth and Social Welfare 3. Population Growth and Sustainability 4. Testing Genuine Saving 5. Resources, Growth and the ‘Paradox of Plenty’ 6. A Hartwick Rule Counterfactual 7. Deforestation: Accounting for a Multiple-Use Resource 8. Accounting for Technological Change 9. Resource Price Trends and Prospects for Development 10. International Flows of Resource Rents 11. Summary and Conclusions References Index

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Book SynopsisThis book explores some of the complexities of decision-making under risk and uncertainty in environmental and natural resource economics. Risk and uncertainty are inherent problems for economists, and the authors in this volume offer numerous challenges and opportunities to improve the tools we use to assess these concepts. They begin by studying various environmental issues such as climate change and biodiversity conservation to underline the importance of identifying different forms of uncertainty and irreversibility. They move on to consider the implications risk and uncertainty have on economic development and environmental policies, and study the attitudes of different user-groups to these issues. Finally, they examine the natural resource management dilemmas faced by the private sector including issues of optimal resource allocation, insurance problems and consumer behaviour.Presenting cutting-edge research on the management of the environment under risk and uncertainty, this book will interest and inform academics and researchers in the fields of environmental and resource economics, and decision-makers in governmental and non-governmental agencies. It will also be of value to economists who want to understand the importance of analysing the impact of risk and uncertainty on environmental and economic processes.Trade Review'This book provides an exciting perspective on the progress towards improved management of economic-environmental systems under risk and uncertainty. This is a book worth reading by all researchers and advanced students in the area of environmental policy and natural resource management.' -- Phoebe Koundouri, Environment InternationalTable of ContentsContents: 1. Introduction: Approaches to Risk and Uncertainty in Environmental and Resource Economics Part I: Importance of Environmental Risk and Uncertainty 2. Irreversibilities and Catastrophic Risks in Climate Change 3. On the Quasi-Option Value of Biodiversity and Conservation 4. Optimal Environmental Development under Differing Stochastic Regimes Part II: Implications for Economic Development and Environmental Policies 5. Public–Private Environmental Conflicts 6. Fish Wars Revisited: A Stochastic Incomplete-Information Harvesting Game 7. Climate Change Scenarios and the Precautionary Principle 8. Risk, Pollution Abatement and Endogenous Growth: The Impact of Perception 9. Securitizing the Environment: A Property Rights Approach to Managing Climate Change 10. Risk Aversion in Economic Decision Making: Pragmatic Guides for Consistent Choice by Natural Resource Managers 11. Uncertainty Analysis in Integrated Assessment Models for Acidification Part III: Impact on Private Sector Response 12. Stochastic Dominance Portfolio Analysis of Forestry Assets 13. Weather-based Index Insurance to Hedge Temperature Exposure of Greenhouse Horticultural Firms 14. Parents’ Valuation of Latent Health Risks to their Children 15. The Effect of Heavy Metal Content on Food Pricing Behaviour: Experimental Assessment Index

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Book SynopsisThis fully updated and comprehensively revised edition of a classic text concentrates on the economics of conserving the living environment. It begins by covering the ethical foundations and basic economic paradigms' essential for understanding and assessing ecological economics. General strategies for global environmental conservation, policies for government intervention, developing countries, preserving wildlife and biodiversity, open-access to and common property in natural resources, conservation of natural areas, forestry, agriculture and the environment, tourism, sustainable development and demographic change are also all covered.This second edition deals with contemporary environmental policy issues that can be expected to be of lasting concern and importance - each chapter benefiting from either the addition of substantial sections of new material, valuable explanations or updates and revisions in light of developments in theory or world events and conditions. Updated techniques of economic analysis are also introduced, explained simply, and applied as appropriate.Economics of Environmental Conservation, Second Edition is written in an engaging and accessible manner and as such will be warmly received by both specialists and non-specialists in economics. It will find a wide readership amongst academics and policymakers in the fields of ecological, environmental and natural resource economics as well as those involved in development studies, environmental management and science, and conservation ecology and biology. Particular chapters will be of interest to those in tourism studies, agriculture, wildlife management and forestry.Trade Review'Tisdell has produced one of the best books in print about the economics of environmental conservation. This volume updates the 1991 edition by discussing more current issues, theories, developments, and analytic frameworks. Tisdell masterfully weaves into many chapters insights from ecological economics - a somewhat new area of economics that cannot be ignored in informed discussions of environmental conservation. . . Tisdell writes clearly and documents each chapter extremely well. He presents a quite balanced view on policy issues, discussing pros and cons of different policies. . . Overall, an extraordinary book. Essential. Academic collections, upper-division undergraduate and up.' -- D.D. Miller, Choice'I like it a lot and would certainly recommend it to students as an excellent entry point into environmental economics. It is certainly comprehensive, covering international through to local environmental issues, developed and developing country experiences across both "green" and "brown" topics. The book is written in a highly accessible style and embodies a rigorous theoretical base on which is developed a host of practical examples of application. This reflects Tisdell's wide ranging experience as one of the "senior statesmen" of environmental economics.' -- Jeff Bennett, The Australian National University'A second edition of this book is to be warmly welcomed. The insights it offers into the sustainable use of ecological resources, especially in developing countries, are important for those coming to the study of environmental, resource or ecological economics for the first time. While the treatment of new topics such as globalization and the Environmental Kuznets Curve adds value to the original text, the inclusion of much material from the first edition helps remind us that there is a rich and long-standing literature on this topic.' -- Charles Perrings, University of York, UK'In the second edition of Economics of Environmental Conservation Clem Tisdell applies wisdom, experience and carefully developed economic theory to dozens of conservation issues. The result is a wide ranging book that skillfully employs ecological economics to analyse conservation issues drawn often from Australia and Asia and relevant in many countries. The policy options proposed to the diverse conservation issues reflect a philosophy developed during more than thirty years research. The book is a rich source of insight and inspiration for anyone analysing environmental conservation issues.' -- Ross Cullen, Lincoln University, New ZealandTable of ContentsContents: Preface 1. Economics and the Living Environment 2. Global Conservation Strategies and Concerns 3. Markets and Government Intervention in Environmental Conservation 4. Environmental Conservation in Developing Countries 5. Preservation of Wildlife and Genetic Diversity 6. Open-Access, Common-Property and Natural Resource Management 7. Economics of Conserving Natural Areas and Valuation Techniques 8. Forestry, Trees and Conservation 9. Agriculture and the Environment 10. Tourism, Outdoor Recreation and the Natural Environment 11. Sustainable Development and Conservation 12. Population, Economic Growth, Globalisation and Conservation: A Concluding Perspective Index LIST OF MOST SIGNIFICANT CHANGES IN CLEM TISDELL'S SECOND EDITION OF ECONOMICS OF ENVIRONMENTAL CONSERVATION COMPARED TO 1ST EDITION ORGANISED BY CHAPTERS Chapter 1 Contains a new section on “Uncertainty, welfare and environmental issues”. Chapter 2 Has been renamed “Global conservation strategies and concerns” updated, and a new section added: “Significant differences between Caring for the Earth and the World Conservation Strateg.” Chapter 3 • A slight alteration of chapter title has been made so that it now reads: “Markets and government intervention in environmental conservation”. • A new introductory section has been added in order to place the market system within a set of social mechanisms for environmental management. This enables market mechanisms to be seen in context. Also in this new section the possibility of using market mechanisms for resource management is related to property rights and the scope for excludability on the one hand, and rivalry or competitiveness in the use of resources on the other. This is important because it specifies (classifies) the prospects for using markets to efficiently manage environmental resources. • New material is added to provide a simplified exposition of the theory of Paretian relevant and irrelevant environmental externalities. • Tradeable environmental rights are added as one mechanism for managing adverse environmental externalities. Chapter 4 • Additional illustrations and examples of issues involving environmental conservation in developing countries have been put in the text. • A final section is added to provide concluding observations on conservation in LDCs. Chapter 5 Several new sections have been added to this chapter to take account of advances in theory and changed world conditions since the 1st edition eg. the development of the total economic value concept the use of GMOs and growing globalisation. Added sections cover the following: • Total economic value and the valuation of wildlife and biodiversity; • Property rights in genetic material, GMOs, and conservation of biodiversity; and • Globalisation, market extension and genetic diversity of domesticated animals and plants. Chapter 6 • The title has been slightly changed and a clearer distinction has been made between open-access resources and communal resources. • There are links back to the property rights discussion in the first section of Chapter 3. • An extra section has been added to clarify and discuss open-access to resources and its regulation. Chapter 7 The title of this chapter has been altered somewhat to better reflect its contents. It is now entitled “Economics of conserving natural resources and valuation techniques.” Several extra sections are added, these include: • “An overview of approaches to estimating the value of non-marketed commodities”. This places the various economic valuation techniques in context. • “Some additional economic valuation techniques”. This introduces choice modelling and mixed techniques, such as the hedonic travel cost method. • “Using total economic values for social choices about resource use.” This provides a further opportunity to put economic valuation techniques in context and to follow-up the use of the total economic valuation technique introduced in Chapter 5. • “Government versus non-government provision of natural areas”. Since the 1st edition, NGOs have become increasingly involved in conservation and this section is added to assess their economic role and the rationale of their involvement. Chapter 8 A new section has been added: “Forest plantations versus natural forests: a discussion”. This addresses an important environmental issue. Chapter 9 A new section has been added entitled “Genetically modified organisms in agriculture: economic and biodiversity issues”. This has been done to keep the chapter on agriculture and the environment abreast of new developments. Chapter 10 Two sections have been added: • “Tourism, conservation and the total economic value of a natural area and economic impact and economic impact analysis”. This enables the practical implications of two different sets of economic concepts to be appreciated and provides cross links to sections in Chapters 5 and 7. • “Sustainability, ecotourism and economics”. This discusses the nature of ecotourism, its economics and whether or not it contributes to sustainability. Chapter 11 A new section has been added entitled “Capital, natural resource conversion and human welfare: further considerations”. This provides an opportunity to relate natural resources to conceptual developments in the theory of capital and provides a more in depth treatment of strong and weak conditions for sustainable development. Chapter 12 This chapter has undergone significant change. Its title is altered to “Population, economic growth, globalisation and conservation: a concluding perspective”. The sections on population levels and population growth have been revised and updated. The following new sections are added: • “Environmental Kuznets curves: do they provide grounds for environmental optimism?” The concept of the environmental Kuznets curve was not in the literature when the 1st edition was produced. • “Is economic globalisation favourable or unfavourable to environmental conservation?” Since the first edition, economic globalisation has increased in importance and the above issue has been hotly debated. Ecological economics provides some important perspectives on it. • The “Concluding remarks” section has been rewritten so as to reflect the major changes in this chapter. Apart from the above, changes have been made in most of the retained sections from the 1st edition (of which only a few have been deleted). For example, to update materials, extra references have been added. However, the essential features of the 1st edition have been retained and no important material from the 1st edition has been discarded. A critically constructive approach is retained. Clem Tisdell 8 February 2005

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Book SynopsisThis significant new book highlights a little acknowledged but potentially catastrophic crisis of innovation in the global water sector, which institutions and industries are frighteningly ill-equipped to tackle or even accept. It suggests potential new technology and policy approaches to overcome both current and future problems. The book explores how technological innovation is vital to help provide sustainable water in both the UK and developing countries. However, innovation is being overlooked in the face of global trends to privatize and regulate water utilities. The authors highlight how the global water sector is failing to respond to increasingly complex world needs and continues to build largely unsustainable centralized infrastructures, opposing more appropriate, distributed and local modern technologies. The book also includes suggestions for potentially innovative technology and policy solutions to meet escalating global water and wastewater demands. Importantly, the authors adopt a long-term perspective that crosses both disciplinary and institutional boundaries, and include an international comparative perspective, covering a diverse range of examples and countries. This comprehensive book will have a broad appeal amongst researchers and academics with an interest in technology management, innovation studies, geography and development studies. It will also be a valuable asset for water regulators and governmental and non-governmental organisations working in this field.Trade Review'This is an extremely well-researched and documented book. The authors' hypothesis is that the current water and wastewater sector is failing the populations of the western-world by clinging to orthodox and short-term visions of new technology and innovation, and also failing the developing nations by believing that delivery of western-world high-technology solutions is a contribution to humanitarian development. This is the "crisis of innovation". To many practitioners in the water industry the book will be perceived to be hypercritical (of the "incrementalism, conservative and dogged traditionalism") of the sector, but in fact it is stimulating and positive. In the latter chapters an alternate more holistic model of water development is described. There needs to be a movement from large, central infrastructure resources to distributed systems that are more appropriate to local needs and can be coupled with environmentally sustainable energy sources and practices.' -- Tim Lack, European Topic Centre on Water, UK'Whilst acknowledging a "massive leap from standpipe to universal water provision in 100 years" in developed countries, the authors of this book see problems for global sustainable water supply and wastewater removal in the future. Using the UK water industry as an example, they describe the global water industry as risk averse and unwilling to innovate, a view that is encouraged by the institutional and financial regimes under which it works. The book explores the reasons for concern and sets out some hard-hitting views on how the water industry is failing to identify and tackle the essential problems in a world which is becoming ever more depleted of fresh water. The concluding chapter brings to a focus the problems of the crisis in innovation and gives some concrete suggestions for tackling them. This volume should raise the awareness of policymakers and regulators, technologists and concerned members of the public.' -- Peter Chave, Independent Consultant and formerly Head of Pollution Control, National Rivers Authority, UKTable of ContentsContents: 1. Introducing the Crisis of Innovation in Water and Wastewater 2. Water’s Pervasive Role in the Development of Global Society 3. Technology and Innovation for Socio-economic Growth 4. Historical Development and Evolution of the UK Water Industry 5. Water Industry Technology and Innovation Frozen in Time 6. Potential for Sustainable Development in the Water Sector 7. Instances of the Crisis of Innovation in the UK 8. International Illustrations of the Crisis of Innovation 9. A New Paradigm and a New Programme of Action 10. Transforming the Inertia of Inevitability into Sustainability Appendix: Overview of Evidence Sources References Index

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Book SynopsisCombining the public choice literature on political decision making with the Neo-Schumpeterian literature on innovation, this valuable new book develops a conceptual model of how environmental regulation is designed. The author presents a novel perspective on the Porter Hypothesis, arguing that the effect of environmental regulation is too weak to induce technological change. This implies that environmental policy intervention has little, if any, economic consequences which has significant repercussions for environmental decision-making. Since radical technological advance is unpredictable, this implies that environmental regulation induces, at the very most, incremental improvements of existing designs. Moreover, due to the high political costs of disrupting existing industry structures, regulation objectives are often adjusted or the compliance costs reduced through subsidies. Due to this limited inducement effect, the author finds that environmental regulation does not produce outcomes consistent with the Porter Hypothesis, nor does it have any palpable negative economic impact. Using detailed case-study evidence, each step of his argument is skilfully illustrated. The book concludes with a number of concrete policy recommendations as to how existing and future regulations might be improved and how the development of radically novel cleaner technology may be fostered. This book provides a comprehensive assessment of the negotiation process that leads to the design of regulatory policy objectives. It also represents a first attempt to study the possibilities and limitations of environmental regulation as a policy tool to stimulate the development and diffusion of cleaner technologies. Environmental economists, resource managers and policymakers interested in environmental regulation and technological change will welcome this valuable addition to the literature.Trade Review'It is a tribute to Thomas Roediger-Schluga that he has turned his Austrian doctoral thesis into a very fine book, written in a clear style. . . anyone wanting a concise but careful overview of the literature on the effects of environmental regulation on the economy will not do better than the early chapters of this book. . . the style and execution of the book make it readable and relevant. In an age when economists, in particular, produce impenetrable and obscure tracts, this is to be welcomed. This is a fine book and one to be very firmly recommended.' -- The late David Pearce, European Environment'The book is right on target about a much-discussed topic: innovation impacts and techno-economic consequences of environmental regulation. Its novelty lies in engaging in empirical case research of the impacts and the political regulatory design process of volatile organic compound (VOC) control in Austria. It is a valuable contribution to the literature on the Porter Hypothesis, offering a model for predicting outcomes and offering recommendations for dealing with information asymmetries in the regulatory process.' -- Rene Kemp, Maastricht University, The NetherlandsTable of ContentsContents: 1. Introduction 2. The Porter Hypothesis: Environmental Regulation, Innovation and Competitiveness 3. The Technological, Regulatory and Economic Environment 4. Some Stylised Facts on Technological Advance 5. Determinants and Adoption of Cleaner Technological Innovations 6. The Design of an Environmental Regulation in a Market Framework: A Conceptual Model 7. Empirical Evidence on the Genesis of Austrian VOC Emission Standards 8. Confronting the Expected Regulatory Outcome with Reality 9. Summary and Policy Implications References Index

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Book SynopsisEnvironmental taxes differ from each other according to the functions they serve and the manner in which they are implemented. This study highlights the appropriateness of different kinds of environmental taxes against a rigorous framework of theory and case study evidence.The purpose of this book is to analyse the way in which environmental taxes are categorized and which factors affect the effectiveness and efficiency of the different kinds of environmental taxes in practice. This pragmatic approach is emphasized along with the multiplicity of regulatory problems such as: At what level should the environmental tax rate be set? What is the proper time schedule for introducing an environmental tax? What are the most appropriate taxable characteristics and how should they be determined? What activities should be exempt from environmental taxation? How can tax relief be implemented? These are only some of the regulatory problems explored in this study, which also encompasses an examination of the theory of regulation.The author argues that economists have often paid too little attention to the administrative and legal issues concerning the implementation of legislation, such as environmental tax laws, which are of course vital to the success of any potential policy. Lawyers too have in turn neglected the theory of regulation, which would assist in analysing problems in a future-oriented way.Environmental Taxes will therefore be of great interest to a wide audience of environmental economists, law and economics scholars as well as policymakers.Trade Review'As the intricacies of the intelligent design of environmental taxes have baffled many, including people in power, this book is a welcome addition to the literature. It is clear, concise and correct. . . Kalle Maatta's Environmental Taxes should have a prominent place on the bookshelves of anyone who advises or practises environmental regulation, and it should often be taken from that shelf.' -- Richard S.J. Tol, Review of European Community & International Environmental LawTable of ContentsContents: Preface 1. Introduction 2. Conceptual Framework 3. The Fallacy of Buchanan–Tullock Theorem 4. Regulatory and Fiscal Taxes: Theoretical Considerations 5. Incentive Environmental Taxes 6. Financing Environmental Taxes 7. Environmental Taxes from the Fiscal Point of View 8. Concluding Remarks Bibliography Index

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Book SynopsisThis major annual publication provides a state-of-the-art survey of contemporary research on environmental and resource economics by some of the leading experts in the field. The critical issues addressed in this year's volume include: contingent valuation environmental policy, technological change and economic growth land use decisions and policy sustainability indicators value transfer and environmental policy joint implementation in climate change policy environmentally harmful subsidies. Trade Review'The 2004-5 edition of this annual publication provides again a first-rate compilation of various major topics in environmental and resource economics written by the leading specialists in the field. . . The contributions are an exciting and inspiring resource for the development of further research, and this book should be recommended to students and researchers in environmental and resource economics as well as social science.' -- Katrin Daedlow, Environmental Politics'As every year, Tom Tietenberg and Henk Folmer have edited The International Yearbook of Environmental and Resource Economics. . . This book, and indeed the whole collection, are tremendously useful as basic tools for professionals in research, teaching and policy making.' -- Michel Griffon, Quarterly Journal of International AgricultureTable of ContentsContents: Preface 1. Fifty Years of Contingent Valuation 2. Environmental Policy, Induced Technological Change and Economic Growth: A Selected Review 3. Land Use Decisions and Policy at the Intensive and Extensive Margins 4. Indicators of Sustainability 5. Value Transfer and Environmental Policy 6. Joint implementation in Climate Change Policy 7. Environmentally Harmful Subsidies Index

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Book SynopsisThis major annual publication provides a state-of-the-art survey of contemporary research on environmental and resource economics by some of the leading experts in the field. The critical issues addressed in this year's volume include: the management of high seas fisheries choosing environmental risks the stability and design of international environmental agreements managing environmental risk through insurance motor vehicles and the environment recreation demand models stated preference methods for environmental valuation pollution control policy in developing countries. Table of ContentsContents: Preface 1. The Management of High Seas Fisheries Resources and the Implementation of the UN Fish Stocks Agreement of 1995 2. Choosing Environmental Risks 3. Stability and Design of International Environmental Agreements: The Case of Transboundary Pollution 4. Managing Environmental Risk Through Insurance 5. Motor Vehicles and the Environment 6. Recreation Demand Models 7. Stated Preference Methods for Environmental Valuation: A Critical Look 8. The Choice of Pollution Control Policy Instruments in Developing Countries: Arguments, Evidence and Suggestions Index

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Book SynopsisCan economic globalization and environmental protection co-exist or does globalization inevitably lead to environmental degradation? How have firms in Europe responded to increased environmental regulation in the face of growing international competition, particularly from newly industrializing and transition economies?This book attempts to answer these questions using case studies of three pollution-intensive industries: iron and steel, leather tanning, and fertilizers. Based on in-depth interviews with managers and regulators in Western and Eastern Europe, Asia, Africa and Latin America, the book illustrates the variety of responses to the conflicting pressures of globalization and environmental protection at corporate and industry levels. It also considers the impact which shifting competitive advantage has on the environment in newly industrialized countries and transition economies.Environmental managers and regulators of national and international environmental agencies will find Environmental Regulation in the New Global Economy of great interest, as will, academics and students of economics, environmental management, business studies, geography and international relations.Trade Review'. . . this is an accomplished work that will be of interest to students and researchers in a number of fields ranging from economic geography to strategic management, and one highly recommended by the reviewer.' -- Richard Perkins, European EnvironmentTable of ContentsContents: Preface Part I: An Overview by Rhys Jenkins 1. Introduction 2. Environmental Regulation, International Competitiveness and the Location of Industry 3. Environmental Regulation and Competitiveness in the European Union Part II: Environmental Regulations, Globalization of Production and Technological Change: The Iron and Steel Sector by Jonathan Barton 4. The Industry and its Environmental Impacts 5. The European Union Iron and Steel Sector 6. Steel and Environment: Industrializing and Transition Economies Part III: Leather Tanning: Environmental Regulations, Competitiveness and Locational Shifts by Jan Hesselberg and Hege Merete Knutsen 7. The Global Tanning Industry: A Commodity Chain Approach 8. The Tanning Industry in Western Europe 9. Tanning in Eastern Europe, Brazil, Mexico and India Part IV: Environmental Regulation and Industrial Restructuring: The Case of the Fertilizer Industry by Anthony Bartzokas 10. Technological Trends and Industrial Organization in the European Fertilizer Industry 11. The Fertilizer Industry in Developing Countries Part V: Conclusion by Rhys Jenkins 12. Environmental Regulation, Trade and Investment in a Global Economy References Index

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Book SynopsisThis manual offers a detailed, up-to-date explanation of how to carry out economic valuation using stated preference techniques. It is relevant for the application of these techniques to all non-market goods and services including air and water quality; provision of public open space; health care that is not sold through private markets; risk reduction policies and investments not provided privately; provision of information as with the recorded heritage, the protection of cultural assets and so on. The resulting valuations can be used for a number of purposes including, but not limited to, demonstrating the importance of a good or service; cost-benefit analysis; setting priorities for environmental policy; design of economic instruments; green national/corporate accounting, and natural resource damage assessment. Compiled by the leading experts in the field, this manual starts by explaining the concepts. It shows how to choose the most appropriate technique and how to design the questionnaires. Detailed advice on econometric analysis is provided, as well as explanation of the pitfalls that need to be avoided.Trade Review'Adherence to the principles and wisdom set out in this book will contribute significantly to the rational valuation of non-market benefits and costs.' -- Ken Willis, Journal of Environmental Planning and ManagementTable of ContentsContents: Introduction 1. The Foundations of Economic Valuation 2. Commissioning a Stated Preference Study 3. Population, Sample and Survey Mode 4. Designing a Contingent Valuation Questionnaire 5. Contingent Valuation: Analysing the Results 6. Designing a Choice Modelling Questionnaire 7. Choice Modelling: Analysing the Results 8. Validity and Reliability 9. Aggregation 10. Reporting 11. Combining Revealed and Stated Preference Techniques 12. Cautions, Caveats and Future Directions References Glossary Full affiliations: Ian Bateman,Professor of Environmental Economics, School of Environmental Sciences and Senior Research Fellow, Centre for Social and Economic Research on the Global Environment (CSERGE), University of East Anglia and University College London, UK Richard T. Carson, Professor of Economics, University of California, San Diego, Research Director for International Environmental Policy, UC Institute for Global Conflict and Cooperation and a Senior Fellow, San Diego Supercomputer Center, US Brett Day, Senior Research Fellow, CSERGE, University of East Anglia, UK Michael Hanemann, Chancellor’s Professor of Agricultural and Resource Economics and Public Policy, University of California at Berkeley, US Nick Hanley, Professor of Environmental Economics, University of Glasgow, UK Tannis Hett, worked as a Consultant for Economics for the Environment Consultancy Ltd (EFTEC), UK. She is currently an Independent Environmental Economics Consultant based in Canada Michael Jones-Lee, Professor of Economics, University of Newcastle-upon-Tyne, UK Graham Loomes, Professor of Economic Behaviour and Decision Theory, University of East Anglia, UK Susana Mourato, Lecturer in Environmental Economics, Department of Environmental Science and Technology, Imperial College of Science, Technology and Medicine, London, UK Ece Özdemiroglu, Director, Economics for the Environment Consultancy Ltd (EFTEC), UK David W. Pearce, OBE, Professor of Environmental Economics, University College London and Honorary Professor, Department of Environmental Science and Technology, Imperial College London, UK Robert Sugden, holds the Leverhulme Personal Research Professorship in Economics, Department of Economics, University of East Anglia, UK John Swanson, Steer Davis Gleave, an Independent Transport Planning Consultancy based in London, UK

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Book SynopsisThis provocative new book presents the results of twenty years of research on deforestation in the Amazon. By carefully observing the changing character of human settlements and their association with deforestation over such a prolonged period, the author is able to reject much of the 'perceived wisdom'. He skillfully dissects various models of deforestation and provides hard evidence on what is myth and what is reality. The book begins by challenging a hypothesis used by many scholars to explain deforestation. The 'turnover hypothesis' states that small farmers 'cause' deforestation by moving rapidly across newly forested land in an effort to make a living. Dr. Campari argues that in reality the process is far more complex. He reveals that it is actually the larger farms who are the main culprits of deforestation and that, in comparison, the impact of small farmers is marginal. He also challenges the belief that current deforestation, as in the past, is the result of distortionary government policies. The author proves that deforestation continues today because existing policies are based on outdated assumptions of regional development. He goes on to discuss the policy implications of his important findings and identify possibilities for controlling deforestation in the future. This is one of the few studies that accurately documents the process of deforestation in the Amazon. Researchers, academics and policymakers with an interest in environmental policy and natural resource management will appreciate the new and updated information and fresh policy ideas found in this volume.Trade Review'Although the book is written by an economist, it can be easily read by anybody interested in Amazon deforestation. It provides a refreshing new perspective on a topic that is very emotionally charged and often burdened by lack of knowledge about what is really going on. This book merges theory, data and on-site experience in a compelling way, convincing the reader that the author really knows his topic.' -- Lykke E. Andersen, Environmental Sciences'The "Turnover Hypothesis" maintains that deforestation in Brazil is due primarily to small farmers who cut, farm, deplete the soil, and move on to cut again. However, this thorough analysis by Joao Campari marshals twenty years of data to show that deforestation now is due primarily to consolidated farms of the interior rather than small farms on the frontier. The book combines economic theory, empirical tests, and multidisciplinary approaches, all of which should prove extremely useful for policymakers who must know the true causes of deforestation in order to design policies to control it.' -- Don Fullerton, University of Texas, Austin, US'This is an important book. It is a much-needed volume that promises partly to set the record straight on the deforestation processes at work in the Amazon, but which will also cause some controversy because of the "corrective" nature of many of the findings. It has been meticulously researched and is extremely well written.' -- David Pearce, University College London, UKTable of ContentsContents: Preface 1. Deforestation and its Myths 2. Occupation, Changing Migration Dynamics, and Deforestation in the Brazilian Amazon 3. The Political Economy of Frontier Expansion and Deforestation in the Amazon 4. Deforestation and the Rules of Land Allocation 5. The Turnover Hypothesis of Amazon Deforestation: Conceptual Framework 6. Colonization Projects: Field Work 7. Turnover on Farming Plots 8. Deforestation and Land Re-concentration in the Amazon Frontier 9. Dispelling Other Myths about the Amazon 10. Policy Implications and Recommendations References Index

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Book SynopsisThis text provides a comprehensive introduction to the important issues of land use and forest economics. The authors employ economic tools to study the allocation of land among alternative activities such as agriculture, grazing and forestry which impact upon the landscape. The book begins by explaining general economic concepts of well-being, welfare measurement and economic rents before providing a synopsis of various environmental economic issues including non-market valuation, cost-benefit analysis and sustainable development. The authors then move on to address several critical topics relating to land use, the conservation of nature and the protection of agricultural land. These include an analysis of agricultural land use from the perspective of urban expansion and the interface between crop production and nature. They also discuss the economics of public lands, range and ranching, forestry, and global climate change in a comprehensive fashion. Throughout the book, the focus is on enhancing welfare for society as a whole, rather than for particular individuals, interest groups or sectors. In this way, the authors present a balanced and just approach to policy decisions regarding the allocation of scarce land resources.Accessible and self-contained, this text will become indispensable to postgraduate and undergraduate students on a range of courses including agricultural and environmental economics, geography and resource management. Although primarily a textbook, it will also provide a useful overview for policymakers, range scientists, public land managers and anyone with an interest in the economic evaluation of rural land use and forestry.Trade Review'The profound contribution of this book is that we find in one place the economic concepts and policy dilemmas pertinent to land-use and to environmental quality. These two aspects are usually treated separately and doing so induces the student to imagine that the way land and forests are used bears no relation to what happens in the water and in the atmosphere. Happily, the integrated approach here shows the importance of these interactions. The book is comprehensive, well written and nicely organized.' -- Daniel W. Bromley, University of Wisconsin, Madison, USTable of ContentsContents: Preface 1. Introduction Part I: General Economic Concepts 2. The Theory of Welfare Measurement 3. Resource Rents and Rent Capture Part II: A Synopsis of Environmental Economics 4. Valuing Nonmarket Benefits 5. Environmental Economics 6. Social Cost–Benefit Analysis 7. Sustainable Development and Conservation Part III: Land Economics 8. Efficiency and Equity in Land-Use Planning 9. Degradation and Conservation of Agricultural Land 10. Economics of Public Lands Part IV: Forest Economics 11. Forest Economics I 12. Forest Economics II 13. Economics of Tropical Deforestation Part V: Land Use and Climate Change 14. Climate Change: Land Use, Land-Use Change and Forestry References Index

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Book SynopsisResearch on the cutting edge of economics, ecology, and ethics is presented in this timely study. Building from a theoretical critique of the tradition of cost-benefit analysis, the contributors lay the foundation for a macroeconomics of environmental sustainability and distributive justice. Attention is then turned to three of the most critical areas of social and environmental applied research - biodiversity, climate change, and energy. The contributors redefine progress away from growth and toward development. To this end, the first section of the book tackles the dominant framework used in the US today to evaluate tradeoffs between economic growth and its inherent externalities. Succeeding chapters cover a wide variety of studies related to biodiversity health and energy. Each section is anchored with overviews by top scholars in these areas - including Herman Daly, Carl McDaniel, Stephen Schneider, and Nathan Hagens - and followed by detailed analyses reflecting the transdisciplinary approach of ecological economics.Students and scholars of ecological, environmental, and natural resource economics, sustainability sciences, and environmental studies will find this book of great interest. Non-profit and government agencies in search of methods and cases that merge the study of ecology and economics will also find the analyses of great practical value.Trade Review'. . . because of the high quality of many of the chapters and the selection of topics, the book is a valuable contribution to the literature on ecological economics. . . the book adds much that is helpful to the burgeoning literature on ecological economics.' -- Peter Victor, Ecological Economics'This book presents the best evidence yet that ecological economists in the United States are becoming a strong and unified voice on biodiversity loss, climate change, and energy options. The arguments presented here are rich, sound, convincing, timely, and are not about to lose their saliency any time soon.' -- Richard B. Norgaard, University of California, Berkeley, US'Erickson and Gowdy have put together a wonderful collection of contributions from a wide range of scholars that will greatly advance ecological economics.' -- Herman E. Daly, University of Maryland, College Park, USTable of ContentsContents: Preface Jon D. Erickson and John M. Gowdy PART I: ECOLOGICAL ECONOMIC THEORY An Overview of Part I Herman E. Daly 1. Wrong in Retrospect: Cost–Benefit Analysis of Past Successes Frank Ackerman, Lisa Heinzerling and Rachel I. Massey 2. Reorienting Macroeconomic Theory Towards Environmental Sustainability Jonathan M. Harris 3. Growth and Equity: Dismantling the Kaldor–Kuznets–Solow Consensus Brendan P. Fisher and Jon D. Erickson 4. Ecological Economics as a Basis for Distributive Justice Frank G. Müller PART II: BIODIVERSITY AND ECOSYSTEM HEALTH An Overview of Part II Carl N. McDaniel 5. The Technological Juggernaut and Nature’s Ecological Systems Paul P. Christensen 6. Assessing Ecosystem Health in Dutchess County, New York Karin E. Limburg and Karen M. Stainbrook 7. Safe Minimum Standard Analysis of the Florida Manatee Barry D. Solomon, Cristi M. Corey-Luse and Kathleen E. Halvorsen 8. Development in the Adirondack Park, New York: Projections and Implications Michale J. Glennon and William F. Porter PART III: CLIMATE CHANGE An Overview of Part III Stephen H. Schneider 9. Problems in Economic Assessments of Climate Change with Attention to the United States of America Clive L. Spash 10. Climate Change in the Pacific Northwest: Valuing Snowpack Loss for Agriculture and Salmon Eban Goodstein and Laura Matson 11. A Contingent Behavior Analysis of the Effects of Climate Change on National Park Visitation Robert B. Richardson 12. Second-Best Pollution Taxes in the Economics of Climate Change Richard B. Howarth 13. Ranking the Adaptive Capacity of Nations to Climate Change when Socio-Political Goals are Explicit Brent M. Haddad PART IV: ENERGY An Overview of Part IV Nathan John Hagens 14. Energy Quality, Net Energy and the Coming Energy Transition Cutler J. Cleveland 15. The Hydrogen Futures Simulation Model: Pathways to a Hydrogen Future Thomas E. Drennen and Jennifer E. Rosthal 16. Measuring Sustainable Energy Development with a Three-Dimensional Index Brynhildur Davidsdottir, Daniel A. Basoli, Sarah Fredericks and Claire Lafitte Enterline 17. The Elasticity of Substitution, the Capital–Energy Controversy and Sustainability David I. Stern Index

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Book SynopsisThis fully updated new edition continues in the vein of its predecessor by viewing cost-benefit analysis as applied welfare economics, while at the same time building on the earlier framework by extending the theory and providing further applications in each chapter. New for this edition are analyses of theory related applications in mental health, condom social marketing programs, female primary education as a means of preventing HIV/AIDS and the pricing of natural gas. Presented in an integrated manner, the theoretical concepts are constructed around the main building blocks of CBA, such as shadow pricing, distribution weights, the social discount rate and the marginal cost of public funds. This edition will cement the book's place as a major and accessible text in the field and will be of great interest to graduate and undergraduate students of welfare economics and microeconomic theory, as well as government economists involved with any area of public policy.Trade ReviewAcclaim for first edition:'The author succeeds in bringing together many interesting real-life applications of CBA in various areas (including among others health, environment and transportation). The examples are well chosen to illustrate the basic issues and show clearly the crucial importance of theoretical and assumptions. Moreover, they are presented in an accessible amethodologicalnd attractive way. For those who know already the principles of CBA, these applications are stimulating and enjoyable reading.' -- Erik Schokkaert, Tijdschrift voor Economie en ManagementTable of ContentsContents: Preface to the First Edition Preface to the Second Edition Part I 1. Introduction to CBA Part II 2. Compensation Tests 3. Consumer Surplus Part III 4. Shadow Prices 5. External Effects 6. Public Goods 7. Risk and Uncertainty 8. Measurement of Intangibles 9. Marginal Cost of Public Funds Part IV 10. Distribution Weights 11. Social Discount Rate Part V 12. User Fees References Index

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Book SynopsisThis book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly, the book argues, the main advantage of monetary integration in the OCA context is the reduction of transaction costs, yet the validity of OCA to analyze processes of monetary integration seems to be limited at best. The contributors in this volume try to go beyond the OCA model and understand the political economy of monetary integration by comparing the European Monetary Union with the dollarization (formal and informal) process in Latin America. The contributors, many of whom are leading lights, reflect the disagreements and the changing views on the proper monetary arrangements in a globalized world and suggest that monetary integration and dollarization are not the solution for the great majority of countries around the world.Monetary Integration and Dollarization brings together mainstream and heterodox views of monetary integration and uses the European and North American experiences as a guide for the discussion of dollarization in developing countries. It will appeal to scholars, researchers and policy makers in the fields of financial and international economics.Trade Review'This book brings together an impressive and diverse group of authors to discuss its central theme: whether or not the dollarized international monetary system is sustainable in the context of the global economy it helped create. In addition to its uniquely well-rounded and comprehensive coverage of the issues, this lively and highly readable volume provides an accurate assessment of the lack of consensus in the current debate. A "must read" for anyone interested in currency crises and the increasing vulnerability of the dollar.' -- Jane D'Arista, Director of Progams, Financial Markets Center, USTable of ContentsContents: Foreword Luiz Carlos Bresser-Pereira Monetary Arrangements in a Globalizing World: An Introduction Matías Vernengo PART I: EUROPEAN MONETARY UNION 1. Reflections on the Experience of the Euro: Lessons for the Americas Philip Arestis and Malcolm Sawyer 2. European Experiences of Currency Boards: Estonia, Lithuania, Bulgaria and Bosnia and Herzegovina Jean-François Ponsot 3. The Lessons of the European Monetary Union Alain Parguez PART II: DOLLARIZATION IN NORTH AMERICA? 4. Does NAFTA Move North America Towards a Common Currency Area? William C. Gruben and Jahyeong Koo 5. Dollarization and Illegal Immigration: Implications for NAFTA Susan Pozo 6. Is the Canadian Dollar Destined to Disappear? A Critical Perspective Mario Seccareccia 7. Float, Fix or Joint? The Options for Canadian Foreign Exchange Policy Ronald G. Bodkin PART III: EMERGING MARKETS AND THE FINANCIAL ARCHITECTURE 8. Can Emerging Markets Float? Should They Inflation Target? Barry Eichengreen 9. Integrating Uneven Partners: The Destabilizing Effects of Financial Liberalization and Internationalization of Latin American Economics Rogério Studart 10. Exchange Rate Regimes and the Need for Elements for a New International Financial Architecture Stephany Griffith-Jones 11. Capital Flows to Emerging Markets under the Flexible Dollar Standard: A Critical View Based on the Brazilian Experience Carlos Medeiros and Franklin Serrano PART IV: FINAL REFLECTIONS 12. From Capital Controls to Dollarization: American Hegemony and the US Dollar Matías Vernengo 13. A Framework for Analysing Dollarization Paul Davidson 14. Dollarization in Latin America: 2004 and Beyond Kenneth P. Jameson 15. Monetary Integration and Dollarization: What Are the Lessons? Alcino F. Câmara Neto and Matías Vernengo Index

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Book SynopsisIn the current era of globalisation, national governments are increasingly exposed to international influences which can present many new constraints and opportunities for domestic environmental policies. This comprehensive Handbook pushes the frontiers of theoretical and empirical knowledge, and provides a state-of-the-art examination of the critical effects of globalisation on environmental governance. Following a comprehensive introduction by the editors, the expert contributors analyse key concepts and recent developments in themes such as national regimes, types of environmental goods, trade rules and environmental policies, eco-innovation policy, government-business cooperation, the role of citizen-consumers in environmental politics, and governance in developing countries. They also present various societal perspectives, including the role of businesses and non-governmental organisations. Eight original case studies address global influences on domestic environmental policies and government participation in international and supranational fora. The Handbook concludes with innovative and challenging views on the future role of national governments in global environmental governance. Including contributions from leading authorities in academia, government, and business, this comprehensive new Handbook provides an insightful overview of the powerful effect of globalisation on national environmental policy. The depth and scope of the work will ensure a broad and varied readership, including academics, students, and policymakers in the fields of governance, environmental politics and law, international relations, and political science.Trade Review'This is undoubtedly a useful collection of essays for environmental policymakers and anyone interested in the relationship between national government and transnational forces. . . the collection brings together some interesting perspectives and should prove a useful complement to the existing political sociology of the environment.' -- International Sociology - Review of Books'The Handbook of Globalisation and Environmental Policy is a very important book. More than 40 experienced authors, including some of the most important international thought leaders of our time, have confronted a crucial question: How can and should national governments come to grips with the need for global action on a wide range of increasingly urgent environmental challenges that exceed their authority and capability? Through close examination of numerous case studies, a balanced perspective that takes government, business and civil society into account, and fresh interdisciplinary thinking about a range of policy tools, the Handbook offers a treasure trove of new concepts and new perspectives. The authors conclude that by acknowledging the ongoing erosion of national sovereignty and accepting the growing need to work together in supranational forums, national governments can, in fact, increase their capacity to shape their own destiny.' -- Lawrence Susskind, Massachusetts Institute of Technology, US'In an increasingly interdependent world, global forces affect both the design and effectiveness of environmental policy. This Handbook provides an unusually creative and comprehensive guide, not only to the nature of these forces and their impacts, but also to how a better understanding of these forces can provide a foundation for improving the effectiveness of environmental policy.' -- Tom Tietenberg, Colby College, USTable of ContentsContents: Preface 1. Globalisation and National Environmental Policy: An Overview Kees Zoeteman, Frank Wijen and Jan Pieters PART I: CONCEPTS AND STATE OF AFFAIRS 2. Trade and Investment: Selected Links to Domestic Environmental Policy Tom Jones 3. Globalisation and National Incentives for Protecting Environmental Goods: Types of Goods, Trade Effects, and International Collective Action Problems Alkuin Kölliker 4. Financing Global Public Goods: Responding to Global Environmental Challenges Pedro Conceição and Inge Kaul 5. National Environmental Policies and Multilateral Trade Rules Marion Jansen and Alexander Keck 6. Towards an Effective Eco-Innovation Policy in a Globalised Setting René Kemp, Luc Soete and Rifka Weehuizen 7. Collaboration of National Governments and Global Corporations in Environmental Management Kees Zoeteman and Eric Harkink 8. Globalisation and the Role of Citizen-Consumers in Environmental Politics Gert Spaargaren and Susan Martens 9. Environmental Federalism in the European Union and the United States David Vogel, Michael Toffel and Diahanna Post 10. Globalisation and Policies/Politics towards Sustainable Development in Developing Countries Hans Opschoor PART II: SOCIETAL PERSPECTIVES 11. Drivers of Business Behaviour in the Realm of Sustainable Development: The Role and Influence of the WBCSD, a Global Business Network Björn Stigson and Britta Rendlen 12. Globalisation, Policy Utility Suppliers, and the Environmental Agenda Jan Hol 13. Unilever and Sustainable Development Chris Dutihl 14. Globalisation and National Environmental Policy: The Influence of WWF, an International Non-Governmental Organisation Claude Martin 15. The Impact of European Non-Governmental Organisations on EU Environmental Regulation John Hontelez PART III: THE IMPACT OF GLOBALISATION ON DOMESTIC ENVIRONMENTAL POLICIES 16. National Room to Manoeuvre: The Dutch Position in EU Energy Policies Maarten Arentsen and Theo de Bruijn 17. Strategies to Prevent Illegal Logging Saskia Ozinga and Nicole Gerard 18. Globalisation and Crop-Protection Policy Joost van Kasteren 19. Free Trade in Agricultural Products and the Environment Jan van Vliet PART IV: THE ROLE OF GOVERNMENT IN INTERNATIONAL AND SUPRANATIONAL FORUMS 20. Different Countries, Different Strategies: 'Green' Member States Influencing EU Climate Policy Sietske Veenman and Duncan Liefferink 21. The Dispersion of Authority in the European Union and its Impact on Environmental Regulation Ludwig Krämer 22. Mutual Recognition in the Testing of Chemicals through the OECD Rob Visser 23. Architecture of the Kyoto Protocol and Prospects for Public Climate Policy Frank Wijen and Kees Zoeteman PART V: NEW DIRECTIONS 24. Globalisation and Environmental Protection: A Global Governance Perspective Daniel Esty and Maria Ivanova 25. Governments and Policy Networks: Chances, Risks, and a Missing Strategy Charlotte Streck 26. Globalisation and Environmental Policy Design Konrad von Moltke 27. Effective Environmental Strategies for Small Countries in an Interconnected Global Setting Pieter Winsemius Index

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Book SynopsisThis fascinating book outlines the fundamental principles and difficulties that characterise the challenging task of using econometrics to inform natural resource management policies, and illustrates them through a number of case studies from all over the world. The book offers a comprehensive overview of the broader picture of the state-of-the-art in econometrics as applied to environmental and natural resource management. It includes a wide range of econometric techniques that can be used to inform natural resource management, while keeping a balance between methods and applications. Case studies have been carefully chosen to be of major concern in the arena of environmental policy, mainly in Europe (both EU member states and assessing countries), but also in the US and some developing countries.Econometrics Informing Natural Resources Management will be welcomed by academics and researchers interested in the areas of natural resource economics and econometrics, and also applied econometrics.Trade Review'. . . my impression is that this is certainly a good book. I am sure that it will make a valuable contribution to the field; hence I recommend that scholars in the field of natural resource economics read it.' -- Budy P. Resosudarmo, Economic RecordTable of ContentsContents: Introduction 1. Econometrics Informing Natural Resources Management: Introducing the Book 2. Sustainability Informed by Econometrics: The Dynamics of the Long-run Discount Rate Part I: Static and Dynamic Estimation of Natural Resource Demand 3. Water Pricing Reforms in Mexico: The Case of the Manufacturing Sector 4. Residential Water Demand in the Slovak Republic 5. Estimating Urban Water Demands: A Dynamic Approach Part II: Valuation Methods 6. Households' Valuation of Domestic Water in Indonesia: Revisiting the Supply Driven Approach 7. Conflicts in Wildlife Conservation: Aggregating Total Economic Values 8. Contingent Ranking of River Water Quality Improvements 9. Environmental Resource Information and the Validity of Non-use Values: The Case of Remote Mountain Lakes Part III: Estimation Under Uncertainty 10. The Role of Risk Properties and Farm Risk Aversion on Crop Diversity Conservation 11. Stochastic Production in a Regulated Fishery: The Importance of Risk Considerations 12. Is Irrigation Water Demand Really Convex? Part IV: Recent Advances in Econometrics Methods Applied to Natural Resource Management 13. Contrasting Conventional with Multinational-level Modelling Approaches to Meta-Analysis: Expectation Consistency 14. Individual-Specific Welfare Measures for Public Goods: A Latent Class Approach to Residential Customers of Yorkshire Water 15. Estimation of Resource Management Objectives through Empirical Likelihood: Can Regulatory Policies and Economic Optimization be Reconciled? 16. Examining the Environmental Kuznets Curve: What Can Kernel Estimation Say? Index

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Book SynopsisThis book offers a comprehensive analysis of dynamic networks and evolutionary variational inequalities, a topic of growing prominence in the study of networks. The extraordinary importance of networks in finance, mathematics, computer science and other areas is well known but the relatively new concept of 'dynamic' networks is less well understood. They become dynamic when the constitutive elements of the phenomena associated with the fixed geometry of networks are considered to be evolving over time. Patrizia Daniele offers many numerical examples to illustrate the issues discussed and provides a broad appendix to enrich this challenging but deeply informative book.Researchers, students and practitioners in the areas of finance, economics, computer science, and mathematics will find this volume an indispensable resource in understanding the use and development of networks in their disciplines.Trade Review'Since the extraordinary impact of networks is self-evident today both in the field of telecommunications and transportation as well as in the field of economic and financial equilibria, the scientific work carried out by Patrizia Daniele appears as an outstanding resource. The author employs with uncommon competence mathematical topics that are at the forefront of the science, while at the same time enabling the reader to understand the matter treated without any difficulty. Moreover the reader is fascinated by the clarity, depth and soundness with which the evolutionary equilibria problems are studied and by the original efficient computational procedures which allow for the solving of many significant examples and concrete problems. Without any doubt the book represents a shining light and a necessary tool for scholars of pure and applied mathematics, for economists and engineers as well as for practitioners, general managers and managing directors.' -- Antonino Maugeri, Universita di Catania, ItalyTable of ContentsContents: 1. Introduction 2. The Traffic Equilibrium Problem 3. Evolutionary Spatial Price Equilibrium 4. The Evolutionary Financial Model 5. Projected Dynamical Systems A. Definitions and Properties B. Weak Convergence C. Generalized Derivatives D. Variational Inequalities E. Quasi-Variational Inequalities F. Infinite Dimensional Duality Bibliography Index

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Book SynopsisWater issues in the American West share many similarities with those seen elsewhere in the world as population growth exacerbates longstanding problems of inappropriate water use and management. The contributors to this timely volume examine the universal challenge of sustainable water management to improve the use of water resources already developed and find ways to moderate our growing collective thirst.The volume begins with an exploration of the opportunities, arguments, and mechanisms for transferring lessons between the American West and foreign nations. Succeeding chapters cover individual issues such as: water allocation and the relationship between market mechanisms and government-based approaches, the challenge of environmental protection, the protection of cultural values with a focus on indigenous water rights, the significance of international and interstate rivers in promoting regional conflict and cooperation, and the role of water management in sustainable development. A comprehensive look at one of our most pressing issues, In Search of Sustainable Water Management will be of great interest to scholars and practitioners in the areas of water management, law, policy studies, economics, planning and public administration.Trade Review'This edited volume adeptly analyzes some of the most salient challenges that face water managers and policy makers: balancing private and public sector roles in water allocation, protecting environmental values and indigenous rights to water, avoiding transboundary water conflicts, and integrating the concept of sustainable development within water policies. . . the chapters in this book are comprehensive and well balanced. . . Kenney and his colleagues have put forth an important contribution to western water policy scholarship. They offer concrete ideas for sustainable water management in the western US informed by international cases, while acknowledging the West's unique political and social context.' -- Tanya Heikkila, Journal of the American Water Resources Association'Collectively the papers provide concise, insightful coverage of critical water problems in the US and carefully integrate relevant lessons from international water management into these discussions. Highly recommended.' -- B.F. Hope, ChoiceTable of ContentsContents: Preface 1. Water Policy and Cultural Exchange: Transferring Lessons from Around the World to the Western United States James L. Wescoat Jr 2. Roles for the Public and Private Sectors in Water Allocation: Lessons from Around the World Charles W. Howe and Helen Ingram 3. Integrating Environmental and Other Public Values in Water Allocation and Management Decisions David H. Getches and Sarah B. Van de Wetering 4. Protecting Indigenous Rights and Interests in Water David H. Getches and Sarah B. Van de Wetering 5. Transboundary Water Conflicts and Cooperation Aaron T. Wolf 6. Sustainability and the Future of Western Water Law Lakshman Guruswamy and A. Dan Tarlock Index

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Book SynopsisA major dilemma for businesses has been the struggle to understand how to adopt and implement proactive environmental practices while meeting the core business objectives of growth and competitive advantage. The international contributors - leading scholars in the field of environmental strategy and management - shed light on this difficult balance as they examine the generation and deployment of capabilities, processes, and routines that help a business develop advanced environmental practices while simultaneously lowering costs and creating differentiation benefits. The first book to gather cutting-edge research on this complex relationship, Corporate Environmental Strategy and Competitive Advantage presents conceptual ideas and empirical findings, as well as a valuable review of extant literature and future directions for researchers. At an organizational level of analysis, the topics covered include the external and internal antecedents of environmental capability-building including public policy, stakeholder engagement, managerial and organizational values, and human resource practices, and the outcomes of such capabilities in terms of environmental innovation. At a macro level, the topics covered include an examination of capabilities that will help organizations detect and prepare for extreme environmental events, and the development of clusters/networks of innovation to tackle sustainability problems that transcend organizational boundaries.Scholars, consultants and managers from business, the public sector, NGOs, international development institutions, and government working at the interface of business and the natural environment will find this book a necessary addition to their library.Table of ContentsContents: 1. Corporate Environmental Strategy and Competitive Advantage: A Review from the Past to the Future 2. Research in Strategic Environmental Management 3. Through the Lens of Managerial Interpretations: Stakeholder Engagement, Organizational Knowledge and Innovation 4. Context and Values: Defining a Research Agenda for Studying Employee Environmental Motivation in Business Organizations 5. Small Firms and Natural Environment: A Resource-based View of the Importance, Antecedents, Implications and Future Challenges of the Relationship 6. Greening Service Organizations: Environmental Management Practices and Performance 7. Environmental Innovation in the Hotel Industry of the Balearic Islands 8. Environmental Management, Quality Management and Firm Performance: A Review of Empirical Studies 9. Competitive Effects from Eco-Manufacturing Strategy: Influencing Factors 10. The Firm-Nature Relationship: Past Experiences and Future Challenges 11. The Siesta is Over: A Rude Awakening from Sustainability Myopia 12. Sustainable Enterprise in Clusters of Innovation: New Directions in Corporate Sustainability Research and Practice 13. Self-Regulation and New Institutions: The Case of the Green Network in Denmark Index

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Book Synopsis'Eco-friendly' variants are rapidly gaining market share in many industries such as food, textiles, furniture, detergents and paints, automobiles, electrical appliances and domestic energy. These markets usually exhibit environmental differentiation, where consumers differ in their willingness to pay for the environmental attributes of a product. Building on the existing literature, this novel book provides a comprehensive analysis of firm strategy and environmental policy making in these types of 'green' markets. The author introduces the model of an environmentally differentiated duopoly, in order to explicitly analyse the strategic interaction within such a market. He studies in detail the effects of environmental product standards, eco-labels, 'green' R&D subsidies and environmental taxation on firm behaviour, welfare and emissions. Non-technical sections providing the empirical context expertly complement the formal theoretical analysis of environmental policy making. The author goes on to present important new conclusions for environmental policy and an agenda for future research. The Greening of Markets will be of immense interest to students and academics of environmental economics and applied industrial organisation, as well as policy makers and environmental managers.Trade Review'An excellent example of the kind of scholarly work that is required if researchers and practitioners are to come to grips with the environmental consequences of 21st-century global systems of production and consumption.' -- Katharine N. Farrell, Organization & Environment'This book is an important contribution to environmental economics and industrial organisation. It analyses environmental markets for green, i.e. environmentally friendly, products and economic policies that improve the functioning of these markets and environmental quality. The book combines rigorous, state-of-the-art theoretical economic analysis with well-founded and very accessible interpretations, even of complex results, and comes to policy conclusions that are highly relevant. I strongly recommend this book - not only to environmental economists, but also to general economists with an interest in markets for differentiated products.' -- Michael Rauscher, University of Rostock, GermanyTable of ContentsContents: 1. Out of the Grey. . . Introduction 2. Environmentally Differentiated Duopoly 3. Emissions, Market Structure and Dominance 4. Environmental Product Standards 5. Environmental Labelling 6. Subsidising Innovation in Green Product Design 7. Environmental Taxation 8. Summary and Conclusions 9. Into the Green. . . An Outlook Appendices Bibliography Index

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Book SynopsisThis important new book enhances our understanding of the dynamic interactions between economic activity, economic growth, pollution abatement and environmental policy. It addresses one main policy problem: how can the direct and indirect costs of environmental policy for multiple pollutants be properly assessed in an applied model?Using an original methodology, the author constructs a multi-sectoral dynamic applied general equilibrium model. This new integrated model greatly improves the empirical analysis of the dynamic reactions of economic agents to pollution control, explicitly taking into account the direct and indirect effects of abatement on the economy and the environment. The author goes on to apply the model to study the costs of various environmental policies including climate change, acidification, eutrophication, smog formation and the dispersion of fine dust. He finds that if environmental policies can be implemented simultaneously and in a cost-effective manner, the economic costs of these policies can be effectively limited through a combination of economic restructuring and adopting technical abatement measures. Modelling the Costs of Environmental Policy will prove essential and enlightening reading for scholars, students and researchers of environmental and resource economics, environmental policy and economic modelling.Trade Review'In this book, Rob Dellink shows he is a skillful applied modeller of environment-economy interactions. The DEAN model that is developed is innovative in its treatment of environmental resources, careful in its dynamic structure, yet simple in its basic set up. Importantly, the model codes (GAMS) are freely accessible on the Internet. The book also includes three stylized models that will prove to be a great help for students who want to understand the basics of environmental policy analysis in general equilibrium models. The full DEAN model, on the other hand, will be more useful to advanced researchers who want to develop their own simulations. The book is also valuable in its own right, as it presents a fine examination of various environmental policies and their economic consequences.' -- Reyer Gerlagh, Vrije Universiteit, Amsterdam, the Netherlands'Extending economic models to include environmental emissions and environmental policy is now commonplace. Yet, the linking is often ad hoc and based on peculiar assumptions. In this book, Rob Dellink shows how emissions and emission reduction policies for five different environmental issues can be included in a forward-looking computable general equilibrium model, building emissions into production and consumption functions. At the technical level the book is superb and stands out for its exact specification of how this is done.' -- Richard S.J. Tol, Hamburg University, Germany, Free University Amsterdam, The Netherlands and Carnegie Mellon University, USTable of ContentsContents: Preface 1. Introduction 2. Pollution and Abatement in Economic Modelling 3. Dynamic Analysis of Pollution and Abatement in an Applied General Equilibrium Model 4. Specification of a Dynamic Applied General Equilibrium Model with Pollution and Abatement for The Netherlands (DEAN) 5. Calibration of the DEAN Model to The Netherlands 6. Dynamic Empirical Analysis of Environmental Policy in The Netherlands Using DEAN 7. Alternative Specifications of the DEAN Model 8. Final Discussion and Conclusions References Index

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