Description
Book SynopsisIn this book, distinguished scholars from Europe and the US examine a range of topical issues in environmental and resource economics. Employing cutting-edge tools, they take a fresh look at some of the most significant international and domestic issues at the forefront of public policy debates.
The volume has two main themes: environmental policy making within a federalist context and valuation issues, including experimental design. Beyond this, the sixteen chapters give an overview of recent developments in the field and present important new views on pressing policy issues. Many of the chapters offer innovative approaches and contain original empirical or experimental evidence which may have considerable implications for environmental policy. As a whole, the volume provides the reader with a keen understanding of some of the most important theoretical and empirical work in environmental federalism, valuation and a number of other pertinent areas.
This book extends current thinking and provides a state-of-the-art analysis of recent developments in environmental and resource economics. It will be indispensable for students, scholars and researchers in environmental economics and anyone wishing to remain at the frontier of advances in this arena.
Table of ContentsContents: Introduction 1. A Reconsideration of Environmental Federalism Wallace E. Oates 2. Global Environmental Governance, Political Lobbying and Transboundary Pollution Surjinder Johal and Alistair Ulph 3. Endogenous Transfrontier Pollution Michael Rauscher 4. Allocating Greenhouse Gas Emissions Among Countries with Mobile Populations Michael Hoel 5. Environmental Regulation and International Trade: A General Equilibrium Approach Chris Elbers and Cees Withagen 6. The Ups and Downs of the Environmental Kuznets Curve Arik Levinson 7. Participation in Industry-wide Voluntary Approaches: Short-run vs. Long-run Equilibrium Na Li Dawson and Kathleen Segerson 8. Irreversible Development of a Natural Resource: Management Rules and Policy Issues when Direct Use Values and Environmental Values are Uncertain Anastasios Xepapadeas 9. A Model of Neighbourhood Conditions and Internal Household Environments Mark Agee and Thomas Crocker 10. Environmental Policy and the Timing of Drilling and Production in the Oil and Gas Industry Mitch Kunce, Shelby Gerking and William Morgan 11. Using Flexible Scenarios in Benefit Estimation: An Application to the Cluster Rule and the Pulp and Paper Industry Susan Kask, Todd Cherry, Jason Shogren and Peter Frykblom 12. Trade-off at the Trough: TMDLs and the Evolving Status of US Water Quality Policy Carol Mansfield and V. Kerry Smith 13. Heterogeneous Preferences and Complex Environmental Goods: The Case of Ecosystem Restoration J. Walter Milon and David Scrogin 14. Incentives in Public Goods Experiments: Implications for the Environment Jacob Goeree, Charles Holt and Susan Laury 15. An Experimental Test for Options Value: Relevance for Contingent Valuation Elicitation David Bjornstad, Paul Brewer, Ronald Cummings and Michael McKee 16. Is the Scope Test Meaningful in the Presence of Other-regarding Behaviour? William Schulze, Gregory Poe, Ian Bateman and Daniel Rondeau Index
