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| the economics of natural resources: Economics of Natural Resources and the Environment David W. Pearce, R. Kerry Turner, 1989-12-01 Economics of Natural Resources and the Environment brings together the approaches of natural resource economics and environmental economics to provide a comprhensive overview of the economics of national international and global environmental problems. A unifying theme throuhhout the book is the concept of sustainable development defined as maximizing the net benefits of economic development while maintaining the services and quality of natural resources over time. The authors emphasize the continuing importance of a mainstream approach. They stress economic efficiency—getting the most welfare out of a given endowment of resources. And they address the larger moral issues as well. Chapter topics include the historical development of environmental economics, environmental ethics, and pollution control policy in free mixed market and centrally planned economies. Other current issues seen from an economic perspective include destruction of the ozone layer, the greenhouse effect, policy weapons in the fight against pollution, and the special problems of the third world. Economics of Natural Resources and the Environment offers a thorough review and synthesis of the major work of the field's senior scholars. It will be of value not only to students of natural resource economics, environmental economics, geography, and environmental sciences but also to all with an interest in economic appraoches to environmental issues. |
| the economics of natural resources: Environmental and Natural Resource Economics Jonathan M. Harris, Brian Roach, 2016-05-05 Harris and Roach present a compact and accessible presentation of the core environmental and resource topics and more, with analytical rigor as well as engaging examples and policy discussions. They take a broad approach to theoretical analysis, using both standard economic and ecological analyses, and developing these both from theoretical and practical points of view. It assumes a background in basic economics, but offers brief review sections on important micro and macroeconomic concepts, as well as appendices with more advanced and technical material. Extensive instructor and student support materials, including PowerPoint slides, data updates, and student exercises are provided. |
| the economics of natural resources: The Economics of Natural Resource Use John M. Hartwick, Nancy D. Olewiler, 1998 This text is a comprehensive examination of the economics of using natural reosurces in the modern economy. Presenting economic concepts essential to examining how resources can be sustained, extracted and harvested extensive use is made of diagrams and accompanying algebraic models.* NEW! This edition of the text features a new organization. The first section is an overview of techniques, the second focuses on static models of natural resource use, and the third examines dynamic models of natural resource use. * NEW! Revised and updated cases use real-world examples and show how they are linked to natural resource modeling. * NEW! Text pedagogy has been improved overall, including a much more extensive use of graphs. * Only current book solely on natural resources (without environmental econ) for all of North America. * The Second Edition stresses the economics of sustainability; continues thorough coverage of land and water use, fisheries, pollution policy, non-renewable resources, and forests. * Advanced chapters are included for use in honors/graduate courses: e.g., parts of Chapters 3, 9, 11, and 12. |
| the economics of natural resources: Natural Resource Economics Barry C. Field, 2023-07-21 The connection between humans and the earth’s natural resources is a topic of vital interest. Concern once centered on whether there were sufficient supplies of natural resources to accommodate the rising demands of growing economies; a newer concern is whether those growing economies will undermine the linkages between humans and the earth’s critical ecological endowments. It is essential to understand the reciprocity of how human decisions affect resources and how resources affect humans. Natural resource economics is one way of framing and analyzing choices about the conservation and use of natural resources made daily by individuals, communities, and nations. The focus of the text is on natural resource valuation, economic incentives, and the institutional arrangements that will produce desired collective outcomes. The fourth edition of this acclaimed text presents the analytical framework of economics in easy-to-understand descriptions for readers who have not yet been exposed to economics. The first nine chapters offer a lucid introduction to fundamental economic principles and their application to questions about natural resource use. Ten topical chapters address specific natural resources. The final two chapters examine natural resource issues encountered in developing countries and the impacts of globalization on the utilization and conservation of natural resources. Topics new to this edition include: equity issues in natural resources decisions, existence value of wildlife, technological change, natural capital, payment for environmental services, rare earths, food security, and collective property rights. |
| the economics of natural resources: Natural Resource Economics Jon M. Conrad, Daniel Rondeau, 2020-01-30 Presents models of renewable and non-renewable resources and provides analytical methods to explore contemporary resource problems. |
| the economics of natural resources: Scarcity and Growth Harold J. Barnett, Chandler Morse, 2013-10-18 In this classic study, the authors assess the importance of technological change and resource substitution in support of their conclusion that resource scarcity did not increase in the Unites States during the period 1870 to 1957. Originally published in 1963 |
| the economics of natural resources: The Economics of the Environment and Natural Resources Quentin Grafton, Wiktor Adamowicz, Diane Dupont, Harry Nelson, Robert J. Hill, Steven Renzetti, 2008-04-15 The Economics of the Environment and Natural Resourcescovers the essential topics students need to understandenvironmental and resource problems and their possible solutions.Its unique lecture format provides an in-depth exploration ofdiscrete topics, ideal for upper-level undergraduate, graduate ordoctoral study. Each chapter depicts the key theoretical insights,major issues, and real-life problems that motivate the subject. Inaddition, the chapters feature practical applications and casestudies, a list of annotated further reading, and extensivereferences. Offers broad treatment of issues in Environmental and ResourceEconomics. Provides in-depth exploration of a wide range of topics withits unique lecture format. Depicts key theoretical insights, major issues, and real-lifeproblems for each subject. Features case studies, annotated further reading, extensivereferences, and a detailed glossary. |
| the economics of natural resources: Environmental Economics and Natural Resource Management David A. Anderson, 2013-09-23 The tools of environmental economics guide policymakers as they weigh development against nature, present against future, and certain benefits against uncertain consequences. From reluctant-but-necessary calculations of the value of life, to quandaries over profits at the environment’s expense, the policies and research findings explained in this textbook are relevant to decisions made daily by individuals, firms, and governments. The fourth edition of Environmental Economics and Natural Resource Management pairs the user-friendly approaches of the previous editions with the latest developments in the field. A story-based narrative delivers clear, concise coverage of contemporary policy initiatives. To promote environmental and economic literacy, we have added even more visual aids, including color photographs and diagrams unmatched in other texts. Ancillaries include an Instructor’s Guide with answers to all of the practice problems and downloadable slides of figures and tables from the book. The economy is a subset of the environment, from which resources are obtained, workers and consumers receive sustenance, and life begins. Energy prices and environmental calamities constrain economic growth and the quality of life. The same can be said about overly restrictive environmental policies. It is with an appreciation for the weighty influence of this discipline, and the importance of conveying it to students, that this textbook is crafted. |
| the economics of natural resources: Encyclopedia of Energy, Natural Resource, and Environmental Economics , 2013-03-29 Every decision about energy involves its price and cost. The price of gasoline and the cost of buying from foreign producers; the price of nuclear and hydroelectricity and the costs to our ecosystems; the price of electricity from coal-fired plants and the cost to the atmosphere. Giving life to inventions, lifestyle changes, geopolitical shifts, and things in-between, energy economics is of high interest to Academia, Corporations and Governments. For economists, energy economics is one of three subdisciplines which, taken together, compose an economic approach to the exploitation and preservation of natural resources: energy economics, which focuses on energy-related subjects such as renewable energy, hydropower, nuclear power, and the political economy of energy resource economics, which covers subjects in land and water use, such as mining, fisheries, agriculture, and forests environmental economics, which takes a broader view of natural resources through economic concepts such as risk, valuation, regulation, and distribution Although the three are closely related, they are not often presented as an integrated whole. This Encyclopedia has done just that by unifying these fields into a high-quality and unique overview. The only reference work that codifies the relationships among the three subdisciplines: energy economics, resource economics and environmental economics. Understanding these relationships just became simpler! Nobel Prize Winning Editor-in-Chief (joint recipient 2007 Peace Prize), Jason Shogren, has demonstrated excellent team work again, by coordinating and steering his Editorial Board to produce a cohesive work that guides the user seamlessly through the diverse topics This work contains in equal parts information from and about business, academic, and government perspectives and is intended to serve as a tool for unifying and systematizing research and analysis in business, universities, and government |
| the economics of natural resources: Environmental and Natural Resource Economics Thomas H. Tietenberg, Lynne Lewis, 2018-03-13 Environmental and Natural Resource Economics is the best-selling text for natural resource economics and environmental economics courses, offering a policy-oriented approach and introducing economic theory and empirical work from the field. Students will leave the course with a global perspective of both environmental and natural resource economics and how they interact. Complemented by a number of case studies showing how underlying economic principles provided the foundation for specific environmental and resource policies, this key text highlights what can be learned from the actual experience. This new, 11th edition includes updated data, a number of new studies and brings a more international focus to the subject. Key features include: Extensive coverage of the major issues including climate change, air and water pollution, sustainable development, and environmental justice. Dedicated chapters on a full range of resources including water, land, forests, fisheries, and recyclables. Introductions to the theory and method of environmental economics including externalities, benefit-cost analysis, valuation methods, and ecosystem goods and services. Boxed ‘Examples’ and ‘Debates’ throughout the text which highlight global examples and major talking points. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book and multiple-choice questions, simulations, references, slides, and an instructor’s manual on the Companion Website. |
| the economics of natural resources: Natural Resource Economics: The Essentials Tom Tietenberg, Lynne Lewis, 2019-08-01 Natural Resource Economics: The Essentials offers a policy-oriented approach to the increasingly influential field of natural resource economics that is based upon a solid foundation of economic theory and empirical research. Students will not only leave the course with a firm understanding of natural resource economics, but they will also be exposed to a number of case studies showing how underlying economic principles provide the basis for specific natural resource policies. Including current data and research studies, this key text also highlights what insights can be derived from the actual experience. Key features include: Extensive coverage of the major issues including energy, recyclable resources, water policy, land conservation and management, forests, fisheries, other ecosystems, and sustainable development; Introductions to the theory and method of natural resource economics including externalities, experimental and behavioral economics, benefit-cost analysis, and methods for valuing the services provided by the environment; Boxed ‘Examples’ and ‘Debates’ throughout the text which highlight global examples and major points for deeper discussions. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book, as well as with multiple-choice questions, simulations, references, slides, and an instructor’s manual on the Companion Website. This text is adapted from the best-selling Environmental and Natural Resource Economics, 11th edition, by the same authors. |
| the economics of natural resources: The Economics of Natural Resource Use John M. Hartwick, Nancy D. Olewiler, 1986 This text is an examination of the economics of using natural resources in the modern economy. Presenting economic concepts essential to examining how resources can be sustained, extracted and harvested extensive use is made of diagrams and accompanying algebraic models. |
| the economics of natural resources: Economics of Natural Resources, the Environment and Policies E. Kula, 2012-12-06 The economic activities of humanity, particularly during the last couple of cen turies, have had a profound impact on the natural environment. Fast depletion of the world's forest resources, fish stocks, fossil fuels and mine deposits have raised many moral as well as practical questions concerning present and future generations. Furthermore, a number of global environmental problems such as acid rain, the 'greenhouse effect' and depletion of the ozone layer are causing concern throughout the world. What does economics say about the exploitation of nature's scarce resources? This book, which is a much expanded version of an earlier publication, Economics of Natural Resources and the Environment, aims mostly at final-year undergraduates reading subjects such as economics, business studies, environ mental science, forestry, marine biology, agriculture and development studies. There is also a good deal of material - especially in the chapters on fisheries, forestry, valuation and discounting - that post-graduate students may find useful as stepping-stones. The material presented stems from my lectures to final-year students at the University of Ulster during the last 12 years, and some of my ongoing research work. When I moved to Northern Ireland in 1982 I was given a course called 'Economics of Exhaustible Resources' to teach. This has changed its title and focus a number of times along with the structure of the University. My early reading lists included a number of journal articles and books written on the sub ject. |
| the economics of natural resources: Environmental and Natural Resources Economics Steven C. Hackett, 1998 Integrating aspects of philosophy, political science, and some environmental science, this text provides a multidisciplinary approach to environmental economics and natural resources policy. Included is a chapter on value systems and the role of ethics. |
| the economics of natural resources: The Economics of Natural Resources Richard Lecomber, 1979 |
| the economics of natural resources: Resource Economics John C. Bergstrom, Alan Randall, 2016-06-24 Resource Economics engages students and practitioners in natural resource and environmental issues from both local and global standpoints. The fourth edition of this approachable but rigorous text provides a new focus on risk and uncertainty as well as new applications that address the effect of new energy technologies on scarcity and climate change mitigation and adaptation, while preserving and systematically updating the approach and key features that drew many thousands of readers to the first three editions. |
| the economics of natural resources: Natural Resources as Capital Larry Karp, 2017-10-27 An introduction to the concepts and tools of natural resource economics, including dynamic models, market failures, and institutional remedies. This introduction to natural resource economics treats resources as a type of capital; their management is an investment problem requiring forward-looking behavior within a dynamic setting. Market failures are widespread, often associated with incomplete or nonexistent property rights, complicated by policy failures. The book covers standard resource economics topics, including both the Hotelling model for nonrenewable resources and models for renewable resources. The book also includes some topics in environmental economics that overlap with natural resource economics, including climate change. The text emphasizes skills and intuition needed to think about dynamic models and institutional remedies in the presence of both market and policy failures. It presents the nuts and bolts of resource economics as applied to nonrenewable resources, including the two-period model, stock-dependent costs, and resource scarcity. The chapters on renewable resources cover such topics as property rights as an alternative to regulation, the growth function, steady states, and maximum sustainable yield, using fisheries as a concrete setting. Other, less standard, topics covered include microeconomic issues such as arbitrage and the use of discounting; policy problems including the “Green Paradox”; foundations for policy analysis when market failures are important; and taxation. Appendixes offer reviews of the relevant mathematics. The book is suitable for use by upper-level undergraduates or, with the appendixes, masters-level courses. |
| the economics of natural resources: Energy, Natural Resources and Environmental Economics Endre Bjørndal, Mette Bjørndal, Panos M. Pardalos, Mikael Rönnqvist, 2010-09-14 This book consists of a collection of articles describing the emergingand integrated area of Energy,Natural Resourcesand EnvironmentalEconomics.A majority of the authors are researchers doing applied work in economics, nance, and management science and are based in the Nordic countries. These countries have a long tradition of managing natural resources. Many of the applications are therefore founded on such examples. The book contents are based on a workshop that took place during May 15–16, 2008 in Bergen, Norway. The aim of the workshop was to create a meeting place for researchers who are active in the area of Energy, Natural Resource, and En- ronmentalEconomics,andat the same time celebrate ProfessorKurtJorns ̈ ten’s60th birthday. Thebookis dividedintofourparts. The rst part considerspetroleumandnatural gas applications, taking up topics ranging from the management of incomes and reserves to market modeling and value chain optimization. The second and most extensive part studies applications from electricity markets, including analyses of market prices, risk management, various optimization problems, electricity market design, and regulation. The third part describes different applications in logistics and management of natural resources. Finally, the fourth part covers more general problems and methods arising within the area. |
| the economics of natural resources: Natural Resource Economics Barry C. Field, 2015-12-10 Decisions about the conservation and use of natural resources are made every day by individuals, communities, and nations. The latest edition of Field’s acclaimed text highlights the incentives and trade-offs embedded in such decisions, providing a lucid introduction to natural resource issues using the analytical framework of economics. Employing a logical structure and easy-to-understand descriptions, Field covers fundamental economic principles and their general application to natural resource use. These principles are further developed in chapters devoted to specific resources. Moreover, this up-to-date volume addresses the challenge of achieving socially beneficial utilization rates in the twenty-first century amid continuing population growth, urbanization, and global climate change. Topics new to the Third Edition include: • implications of climate change on resources • fracking • energy intensity and the energy efficiency gap • reducing fossil energy • forests and carbon • international water issues • globalization and trade in natural resources |
| the economics of natural resources: Natural Resources Judith Rees, 2017-10-19 In this book, first published in 1990, Judith Rees considers the spatial distribution of resource availability, development and consumption, and the distribution of resource-generated wealth and welfare. Showing that there are no simple answers, she analyses the complex interactions between economic forces, administrative structures and political institutions. This well-structured text is essential reading for upper-level students in geography, environmental planning, economics and resource management. |
| the economics of natural resources: Natural Resource Economics Issues, Analysis, and Policy Charles W. Howe, 1979-05-04 A unified exposition of the principles of optimum use of renewable and nonrenewable natural resources, set in the framework of historical natural resource concerns and real world resource markets. Utilizes most up-to-date theoretical and empirical research results from economics, geology, hydrology, and the environmental sciences. Characterizes the role of natural resources in long-term economic growth; describes and analyzes problems and policy issues of energy, nonenergy minerals, forestry, fisheries, water resources, and preserved natural environments. Reviews factors critical to the future and seeks to derive a ``responsible natural resources policy'' that emphasizes intergenerational equity. Includes several extended case studies. |
| the economics of natural resources: Natural Resources and the Environment Mark Kanazawa, 2021-05-18 Natural Resources and the Environment: Economics, Law, Politics, and Institutions provides a new approach to the study of environmental and natural resource economics. It augments current contributions from the fields of public choice, law, and economics, and the burgeoning field of what used to be called the New Institutional Economics, to describe, explain, and interpret how these new developments have been applied to better understand the economics of natural resources and the environment. This textbook takes a multi-disciplinary approach, which is essential for understanding complex environmental problems, and examines the issue from not only an economic perspective, but also taking into account law, politics, and institutions. In doing so, it provides students with a realistic understanding of how environmental policy is created and presents a comprehensive examination of real-world environmental policy. The book provides a comprehensive coverage of key issues, including renewable energy, climate change, agriculture, water resources, land conservation, and fisheries, with each chapter accompanied by learning resources, such as recommended further reading, discussion questions, and exercises. This textbook is essential reading for students and scholars seeking to build an interdisciplinary understanding of natural resources and the environment. |
| the economics of natural resources: Classic Papers in Natural Resource Economics Revisited Chennat Gopalakrishnan, 2017-12-12 Classic Papers in Natural Resource Economics Revisited is the first attempt to bring together a selection of classic papers in natural resource economics, alongside reflections by highly regarded professionals about how these papers have impacted the field. The seven papers included in this volume are grouped into five sections, representing the five core areas in natural resource economics: the intertemporal problem; externalities and market failure; property rights, institutions and public choice; the economics of exhaustible resources; and the economics of renewable resources. The seven papers are written by distinguished economists, five of them Nobelists. The papers, originally published between 1960 and 2000, addressed key issues in resource production, pricing, consumption, planning, management and policy. The original insights, fresh perspectives and bold vision embodied in these papers had a profound influence on the readership and they became classics in the field. This is the first attempt to publish original commentaries from a diverse group of scholars to identify, probe and analyse the ways in which these papers have impacted and shaped the discourse in natural resource economics. Although directed primarily at an academic audience, this book should also be of great appeal to researchers, policy analysts, and natural resource professionals, in general. This book was published as a series of symposia in the Journal of Natural Resources Policy Research. |
| the economics of natural resources: The Economic Approach to Environmental and Natural Resources James R. Kahn, 1998 This work takes a hands-on approach to the origins of environmental problems, their economic consequences, and the policies that address them. The text presents environmental economic theory and methods, and then applies and reinforces them with illustrations and applications. |
| the economics of natural resources: Natural Resource and Environmental Economics Roger Perman, Yue Ma, Michael Common, David Maddison, James Mcgilvray, 2013-02-07 Now in its 4th Edition, this book is a comprehensive and contemporary analysis of the major areas of natural resource and environmental economics. All chapters have been updated in light of new developments and changes in the subject, and provide a balance of theory, applications and examples to give a rigorous grounding in the economic analysis of the resource and environmental issues that are increasingly prominent policy concerns. This text has been written primarily for the specialist market of second and third year undergraduate and postgraduate students of economics. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed. |
| the economics of natural resources: Natural Resource Economics Jon M. Conrad, Colin Whitcomb Clark, 1987-11-27 In this book, Jon Conrad and Colin Clark develop the theory of resource economics. |
| the economics of natural resources: Economics, Natural-Resource Scarcity and Development (Routledge Revivals) Edward B Barbier, 2013-06-26 Global warming is an increasing problem, tropical forests are being wiped out and major upper watersheds are being degraded. Using insights provided by environmentalism, ecology and thermo-dynamics, this book – first published in 1989 – outlines an economic approach to the use of natural resources and particularly to the problem of environmental degradation. Edward Barbier reviews and critiques the long past of environmental and resource economics and then goes on to elaborate an economics which allows us to develop alternative strategies for dealing with the problems faced. With examples drawn from Latin America and Indonesia, he not only develops a major theoretical advance but shows how it can be applied. Barbier’s work is an important and relevant contribution to the discussion surrounding the economics of environmental sustainability. |
| the economics of natural resources: Environmental and Natural Resource Economics Thomas H. Tietenberg, 2006 This 7th edition offers a wealth of new examples and hot topics, such as genetically modified organisms and the cost effectiveness of new transportion fuels. The international edition also considers environmental problems and policies in Western Europe, China and the developing nations. |
| the economics of natural resources: Environmental and Natural Resource Economics Frank A. Ward, 2006 Environmental and natural resources have dramatically influenced consumer decisions, personal lifestyles, corporate planning and public policy over recent years. This text introduces the economic theories and methods of analysis economists use to approach these issues. |
| the economics of natural resources: The Political Economy of Natural Resources and Development Paul A. Haslam, Pablo Heidrich, 2016-02-05 The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged. These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises. However, these innovations, which constitute the most dramatic change in development policy in Latin America since the advent of neoliberalism, have so far received little attention from either academic or policy-oriented publications. This book explores the reasons behind these policies, and their effects on states, firms, and development trajectories. This text brings together renowned thematic experts to examine the political-economic causes of resource nationalism, as well as its manifestation in six Latin American countries. The causal variables considered by the contributors to this collection include a range of political-economic determinants of policy including commodity prices; the influence of ideology and national politics; ideas about industrial policy; relations between host governments and investors; and how countries respond to opportunities provided by regional initiatives and the new geography of the global economy. This volume is essential reading in development economics, political economy, and Latin American studies, as well as for those who want to understand what economic development means after neoliberalism. |
| the economics of natural resources: Economics of Natural Resources and the Environment Erhun Kula, 1992-02-01 Looks in detail at the history of economic thought on natural resources and the environment, the economics of fisheries, forestry, mining, petroleum, coal and natural gas deposits. There are also chapters devoted to environmental degradation and the economics of the world's natural wonders. |
| the economics of natural resources: The Agile College Nathan D. Grawe, 2021-01-12 Following Grawe's seminal first book, this volume answers the question: How can a college or university prepare for forecasted demographic disruptions? Demographic changes promise to reshape the market for higher education in the next 15 years. Colleges are already grappling with the consequences of declining family size due to low birth rates brought on by the Great Recession, as well as the continuing shift toward minority student populations. Each institution faces a distinct market context with unique organizational strengths; no one-size-fits-all answer could suffice. In this essential follow-up to Demographics and the Demand for Higher Education, Nathan D. Grawe explores how proactive institutions are preparing for the resulting challenges that lie ahead. While it isn't possible to reverse the demographic tide, most institutions, he argues persuasively, can mitigate the effects. Drawing on interviews with higher education leaders, Grawe explores successful avenues of response, including • recruitment initiatives • retention programs • revisions to the academic and cocurricular program • institutional growth plans • retrenchment efforts • collaborative action Throughout, Grawe presents readers with examples taken from a range of institutions—small and large, public and private, two-year and four-year, selective and open-access. While an effective response to demographic change must reflect the individual campus context, the cases Grawe analyzes will prompt conversations about the best paths forward. The Agile College also extends projections for higher education demand. Using data from the High School Longitudinal Study, the book updates prior work by incorporating new information on college-going after the Great Recession and pushes forecasts into the mid-2030s. What's more, the analysis expands to examine additional aspects of the higher education market, such as dual enrollment, transfer students, and the role of immigration in college demand. |
| the economics of natural resources: The Economics of Water Resources Ariel Dinar, Yacov Tsur, 2021-04-15 Population growth and rising living standards, on the one hand, and changing climate, on the other hand, have exacerbated water scarcity worldwide. To address this problem, policymakers need to take a wide view of the water economy – a complex structure involving environmental, social, economic, legal, and institutional aspects. A coherent water policy must look at the water economy as a whole and apply a comprehensive approach to policy interventions. Written by two of the world's leading scholars on economics of water, this is the first graduate-level textbook on the topic. The book discusses water resource management within a comprehensive framework that integrates the different, yet highly entwined, elements of a water economy. It follows the steps needed to develop a well-designed set of policies based on detailed analyses of intervention measures, using multi-sectoral and economy-wide examples from a variety of locations and situations around the world. |
| the economics of natural resources: Research Tools in Natural Resource and Environmental Economics Amitrajeet A. Batabyal, Peter Nijkamp, 2011 Key Features:First book of its kind in the fieldExamines and analyzes how key tools are used to conduct theoretical and empirical research in natural resource and environmental economics in contemporary timesCompiles various articles and accounts concerned with the relevant pedagogical discussionWritten by recognized experts and prominent international researchers in the field. |
| the economics of natural resources: Demographics and the Demand for Higher Education Nathan D. Grawe, 2018 The economics of American higher education are driven by one key factor--the availability of students willing to pay tuition--and many related factors that determine what schools they attend. By digging into the data, economist Nathan Grawe has created probability models for predicting college attendance. What he sees are alarming events on the horizon that every college and university needs to understand. Overall, he spots demographic patterns that are tilting the US population toward the Hispanic southwest. Moreover, since 2007, fertility rates have fallen by 12 percent. Higher education analysts recognize the destabilizing potential of these trends. However, existing work fails to adjust headcounts for college attendance probabilities and makes no systematic attempt to distinguish demand by institution type. This book analyzes demand forecasts by institution type and rank, disaggregating by demographic groups. Its findings often contradict the dominant narrative: while many schools face painful contractions, demand for elite schools is expected to grow by 15+ percent. Geographic and racial profiles will shift only slightly--and attendance by Asians, not Hispanics, will grow most. Grawe also use the model to consider possible changes in institutional recruitment strategies and government policies. These what if analyses show that even aggressive innovation is unlikely to overcome trends toward larger gaps across racial, family income, and parent education groups. Aimed at administrators and trustees with responsibility for decisions ranging from admissions to student support to tenure practices to facilities construction, this book offers data to inform decision-making--decisions that will determine institutional success in meeting demographic challenges-- |
| the economics of natural resources: The Curse of Natural Resources Sevil Acar, 2017-02-20 This book examines the paradox that resource-rich countries often struggle to manage their resources in a way that will help their economies thrive. It looks at how a country's political regime and quality of governance can determine the degree to which it benefits - or suffers - from having natural resources, shifting away from the traditional focus on economic growth data to study the complex implications of these resources for human well-being and sustainable development. To this end, Acar examines a panel of countries in terms of the effects of their natural resources on human development and genuine saving, which is a sustainability indicator that takes into account the welfare of future generations by incorporating the changes in different kinds of capital. Acar finds that the exportation of agricultural raw materials is associated with significant deterioration in human development, while extractive resource exports, such as energy and minerals, have negative implications for genuine savings. Next, the book compares the development path of Norway before and after discovering oil, contrasting it with Sweden's development. The two countries, which followed almost identical paths until the 1970s, diverged significantly in terms of per capita income after Norway found oil. |
| the economics of natural resources: Environmental Economics: The Essentials Tom Tietenberg, Lynne Lewis, 2019-08-01 Environmental Economics: The Essentials offers a policy-oriented approach to the increasingly influential field of environmental economics that is based upon a solid foundation of economic theory and empirical research. Students will not only leave the course with a firm understanding of environmental economics, but they will also be exposed to a number of case studies showing how underlying economic principles provided the foundation for specific environmental and resource policies. This key text highlights what insights can be derived from the actual experience. Key features include: Extensive coverage of the major issues including climate change, air and water pollution, sustainable development, and environmental justice; Introductions to the theory and method of environmental economics including externalities, experimental and behavioral economics, benefit-cost analysis, and methods for valuing the services provided by the environment; Boxed ‘Examples’ and ‘Debates’ throughout the text which highlight global examples and major talking points. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book, as well as with multiple-choice questions, simulations, references, slides, and an instructor’s manual on the Companion Website. This text is adapted from the best-selling Environmental and Natural Resource Economics, 11th edition, by the same authors. |
| the economics of natural resources: Resource and Environmental Economics: Modern Issues and Applications , 2009 This important book deals with the essential principles of resource and environmental economics, provides applications to contemporary issues in this field, and outlines and assesses policies being used or proposed for managing the use of environmental and natural resources. Covering specific contemporary topics such as agriculture and the environment, water use, greenhouse gas management, biodiversity conservation, tourism and the environment, and environmental economics and health, leading issues in resource and environmental economics are outlined and analyzed in an innovative manner. Institutional economics (both new and traditional) is applied and compared with other approaches such as neoclassical economics, behavioral economics and the Austrian School of Economics. This heterogeneous, multi-perspective approach enables problems to be considered from several different angles, thus enhancing the reader's comprehension of the subject matter. Furthermore, using minimal technical jargon, the book takes into account aspects of modern economic analysis such as the costs of and constraints on decision-making and the transaction costs involved in policy implementation.- |
| the economics of natural resources: Handbook on the Economics of Natural Resources Robert Halvorsen, David F. Layton, 2015-02-27 The topics discussed in the Handbook on the Economics of Natural Resources are essential for those looking to understand how best to use and conserve the resources that form the foundation for human well-being. These include nonrenewable resources, mod |
| the economics of natural resources: Confronting the Curse Cullen S. Hendrix, Marcus Noland, 2014 The political economy of natural resource wealth poses two interrelated challenges for American foreign policy, both involving governance issues in countries that are abundantly endowed with natural resources. The potentially negative impact of natural resources on development is captured in the phrase the resource curse. The implications are the greatest for the commodity producers themselves, ranging from complications for macroeconomic management to political authoritarianism and, in the extreme, the precipitation of violent civil conflict. For US policy, the resource curse presents challenges with respect to coping with state failure and associated transborder phenomena. The issues extend to broader geopolitics. Resource abundance confers financial and political power on producers. China's emergence as a major importer and investor in extraction, willing to accommodate authoritarian producers, exacerbates the challenge, potentially undercutting international efforts to encourage greater transparency and improved management of natural resource wealth. This issue is of particular importance for US policy toward Africa |
The Economics of Natural Resources - JSTOR
ECONOMISTS HAVE STUDIED NATURAL RESOURCES from the earliest days of the profession and for good reason. Resources are seen as the basis for national prosperity, power, and wealth. For example, the ability to harness energy resources in new ways is recognized as perhaps the major factor underlying the industrial revolution.
Chapter 16 Natural resources and economic growth - ku
Natural resources and the issue of limits to economic growth. The first two sections aim at establishing a common terminology for the discussion. We distinguish between different categories of production factors. First two broad categories: Producible means of production, also called man-made inputs. Non-producible means of production.
Scarce or abundant?: the economics of natural resource availability
survey of the economics of natural resource availability. The distinctive feature of mainstream modern economic thinking is its optimism about the availability of natural resources. Simplifying somewhat, I would sug-gest that resource optimism can be summarised in the following four propositions: The resource optimists’ creed
Natural Resource Economics
Economics has three fundamental messages for natural resource utilization and environmental protection. First, economic analysis makes a compelling case for the proposition that an unfettered market system will often inefficiently exploit natural resources and generate excessive pollution.
ECONOMICS OF THE ENVIRONMENT AND NATURAL RESOURCES …
The economics of the environment and natural resources/by R. Quentin Grafton … [et al.]. p. cm. Includes bibliographical references and index. ISBN 0-631-21563-8 (hardcover: alk. paper) – ISBN 0-631-21564-6 (pbk.: alk. paper) 1. Environmental economics. 2. Natural resources. 3. Environmental policy. I. Grafton, R. Quentin, 1962-HC79.E5L42 ...
LECTURE 16: NATURAL RESOURCE ECONOMICS - MIT OpenCourseWare
Natural Resource Economics Overview •Natural resources are good provided by nature. •Oil •Natural resource economics is about modeling the “optimal” utilization of these goods. •Economic questions •How much should we extract now vs. later? •How do market extraction rates compare with the social optimum?
ECONOMICS OF RENEWABLE NATURAL RESOURCES - WRUV
Renewable natural resources include those resources useful to human economies that exhibit growth, maintenance, and recovery from exploitation over an economic planning horizon. The economics of such resources has traditionally considered stocks of fish, forests, or freshwater, much like a banker would tally interest on cash deposits.
Natural Resources and Economic Development - Cambridge …
Natural Resources and Economic Development explores a key para-dox: why is natural resource exploitation not yielding greater benefits to the poor economies of Africa, Asia and Latin America?
Natural Resource and Environmental Economics - Delhi School of Economics
environmental economics. Michael Commonis Professor in the Graduate School of Environmental Studies at Strathclyde University. His major research interests are the development of ecological economics and policies for sustainability. Yue Mais Associate Professor in Economics, Lingnan University, Hong Kong, and Adjunct Professor of Lingnan
The role of natural resources in economic development - JSTOR
sustainable management of natural resources is a critical policy objective for the economic process. We can no longer exclude natural capital from any meaningful
Chapter 16 Natural resources and economic growth - ku
In a more systematic way the present chapter reviews how natural resources, including the environment, relate to economic growth. The contents are: Classification of means of production. The notion of sustainable development. Renewable natural resources. Non-renewable natural resources and exogenous technology growth.
Natural Resource Economics - University of California, Berkeley
Natural Resource Economics also investigates how natural resources are allocated under alternative economic institutions. Key Elements of Dynamics: The Interest Rate
by David W. Pearce and R. Kerry Turner - JSTOR
Economics of Natural Resources and the Environment, by Pearce and Turner, is os-tensibly another text aimed at these under-graduate courses. In fact, the book appears to have two aims. The first is that of any economics textbook, namely to teach stu-dents how, why, and to what end econom-ics can be used to analyze particular social problems.
Economics of Natural Resource Scarcity: The State of the Debate
In the debate over the economic scarcity of natural resources, one significant change in recent years has been a greater focus on the ecosystem services and the resource amenities yielded by natural environments.
Natural Resource Economics - EOLSS
Natural resource economics examines how society can more efficiently use its scarce natural resources, both non-renewable resources, such as minerals and fossil fuels, and renewable resources, such as fisheries and forests.
Renewable resource exploitation: the fishery - Economics Network
This lecture extends the theory of resource exploitation to renewable natural resources, i.e., resources which exhibit growth. The classic (and most studied) example of a renewable natural resource is the capture shery. Here we consider optimal exploitation of the shery and the problem of …
Economic arguments on the sufficiency of natural resources
The economic arguments for the view of resource problems are classsified into three groups: arguments based on opment of resource prices, historical arguments, and market mechanism arguments. paper argues that they are all mistaken, and that technological and political not only cannot be ignored but are of overwhelming importance. 2.
Natural Resource Economics - University of Washington
Economics has three fundamental messages for natural resource utilization and environmental protection. First, economic analysis makes a compelling case for the proposition that an unfettered market system will often inefficiently exploit natural resources and generate excessive pollution.
Natural resource exploitation: basic concepts - Economics Network
NATURAL RESOURCE ECONOMICS Lecture 1 Natural resource exploitation: basic concepts Aaron Hatcher University of Portsmouth 1 Introduction Natural resources can be de–ned as natural assets or endowments from which we derive value (utility). …
Economics of Production from Natural Resources - JSTOR
ECONOMICS OF PRODUCTION FROM NATURAL RESOURCES By VERNON L. SMITH* I. Introduction This paper attempts to provide a unified theory of production from natural resources. A single model of an industry is used to describe a dynamic process of recovery from such technologically diverse resources as fish, timber, petroleum, and minerals.
The Economics of Natural Resources - JSTOR
ECONOMISTS HAVE STUDIED NATURAL RESOURCES from the earliest days of the profession and for good reason. Resources are seen as the basis for national prosperity, power, and wealth. For example, the ability to harness energy resources in new ways is recognized as perhaps the major factor underlying the industrial revolution.
Chapter 16 Natural resources and economic growth - ku
Natural resources and the issue of limits to economic growth. The first two sections aim at establishing a common terminology for the discussion. We distinguish between different categories of production factors. First two broad categories: Producible means of production, also called man-made inputs. Non-producible means of production.
Scarce or abundant?: the economics of natural resource availability
survey of the economics of natural resource availability. The distinctive feature of mainstream modern economic thinking is its optimism about the availability of natural resources. Simplifying somewhat, I would sug-gest that resource optimism can be summarised in the following four propositions: The resource optimists’ creed
Natural Resource Economics
Economics has three fundamental messages for natural resource utilization and environmental protection. First, economic analysis makes a compelling case for the proposition that an unfettered market system will often inefficiently exploit natural resources and generate excessive pollution.
ECONOMICS OF THE ENVIRONMENT AND NATURAL RESOURCES …
The economics of the environment and natural resources/by R. Quentin Grafton … [et al.]. p. cm. Includes bibliographical references and index. ISBN 0-631-21563-8 (hardcover: alk. paper) – ISBN 0-631-21564-6 (pbk.: alk. paper) 1. Environmental economics. 2. Natural resources. 3. Environmental policy. I. Grafton, R. Quentin, 1962-HC79.E5L42 ...
LECTURE 16: NATURAL RESOURCE ECONOMICS - MIT OpenCourseWare
Natural Resource Economics Overview •Natural resources are good provided by nature. •Oil •Natural resource economics is about modeling the “optimal” utilization of these goods. •Economic questions •How much should we extract now vs. later? •How do market extraction rates compare with the social optimum?
ECONOMICS OF RENEWABLE NATURAL RESOURCES - WRUV
Renewable natural resources include those resources useful to human economies that exhibit growth, maintenance, and recovery from exploitation over an economic planning horizon. The economics of such resources has traditionally considered stocks of fish, forests, or freshwater, much like a banker would tally interest on cash deposits.
Natural Resources and Economic Development - Cambridge …
Natural Resources and Economic Development explores a key para-dox: why is natural resource exploitation not yielding greater benefits to the poor economies of Africa, Asia and Latin America?
Natural Resource and Environmental Economics - Delhi School of Economics
environmental economics. Michael Commonis Professor in the Graduate School of Environmental Studies at Strathclyde University. His major research interests are the development of ecological economics and policies for sustainability. Yue Mais Associate Professor in Economics, Lingnan University, Hong Kong, and Adjunct Professor of Lingnan
The role of natural resources in economic development - JSTOR
sustainable management of natural resources is a critical policy objective for the economic process. We can no longer exclude natural capital from any meaningful
Chapter 16 Natural resources and economic growth - ku
In a more systematic way the present chapter reviews how natural resources, including the environment, relate to economic growth. The contents are: Classification of means of production. The notion of sustainable development. Renewable natural resources. Non-renewable natural resources and exogenous technology growth.
Natural Resource Economics - University of California, Berkeley
Natural Resource Economics also investigates how natural resources are allocated under alternative economic institutions. Key Elements of Dynamics: The Interest Rate
by David W. Pearce and R. Kerry Turner - JSTOR
Economics of Natural Resources and the Environment, by Pearce and Turner, is os-tensibly another text aimed at these under-graduate courses. In fact, the book appears to have two aims. The first is that of any economics textbook, namely to teach stu-dents how, why, and to what end econom-ics can be used to analyze particular social problems.
Economics of Natural Resource Scarcity: The State of the Debate
In the debate over the economic scarcity of natural resources, one significant change in recent years has been a greater focus on the ecosystem services and the resource amenities yielded by natural environments.
Natural Resource Economics - EOLSS
Natural resource economics examines how society can more efficiently use its scarce natural resources, both non-renewable resources, such as minerals and fossil fuels, and renewable resources, such as fisheries and forests.
Renewable resource exploitation: the fishery - Economics Network
This lecture extends the theory of resource exploitation to renewable natural resources, i.e., resources which exhibit growth. The classic (and most studied) example of a renewable natural resource is the capture shery. Here we consider optimal exploitation of the shery and the problem of …
Economic arguments on the sufficiency of natural resources
The economic arguments for the view of resource problems are classsified into three groups: arguments based on opment of resource prices, historical arguments, and market mechanism arguments. paper argues that they are all mistaken, and that technological and political not only cannot be ignored but are of overwhelming importance. 2.
Natural Resource Economics - University of Washington
Economics has three fundamental messages for natural resource utilization and environmental protection. First, economic analysis makes a compelling case for the proposition that an unfettered market system will often inefficiently exploit natural resources and generate excessive pollution.
Natural resource exploitation: basic concepts - Economics Network
NATURAL RESOURCE ECONOMICS Lecture 1 Natural resource exploitation: basic concepts Aaron Hatcher University of Portsmouth 1 Introduction Natural resources can be de–ned as natural assets or endowments from which we derive value (utility). …
Economics of Production from Natural Resources - JSTOR
ECONOMICS OF PRODUCTION FROM NATURAL RESOURCES By VERNON L. SMITH* I. Introduction This paper attempts to provide a unified theory of production from natural resources. A single model of an industry is used to describe a dynamic process of recovery from such technologically diverse resources as fish, timber, petroleum, and minerals.
