Valuing Environmental and Natural Resources

Valuing Environmental 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.

Author: Timothy C. Haab

Publisher: Edward Elgar Publishing

ISBN: 9781843765431

Category: Business & Economics

Page: 352

View: 246

Non-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.
Categories: Business & Economics

Environmental and Resource Valuation with Revealed Preferences

Environmental and Resource Valuation with Revealed Preferences

This book provides a systematic review of those economic approaches for valuing the environment and natural resources that use information on what people do, not what they say.

Author: Nancy E. Bockstael

Publisher: Springer Science & Business Media

ISBN: 9781402053184

Category: Business & Economics

Page: 376

View: 287

This book provides a systematic review of those economic approaches for valuing the environment and natural resources that use information on what people do, not what they say. The authors have worked on models of revealed preferences for valuing environmental and natural resources for several decades. The book provides a candid review of the major conceptual challenges and an exploration of neglected issues in the literature.
Categories: Business & Economics

Valuing Environment and Natural Resources

Valuing Environment and Natural Resources

Over-exploitation of environment and natural resources is becoming increasingly widespread in the modern world.

Author:

Publisher:

ISBN: 1784714178

Category: Environmental auditing

Page:

View: 923

Categories: Environmental auditing

Valuing the Environment Methodological and Measurement Issues

Valuing the Environment  Methodological and Measurement Issues

During the last decades, environmental economics as a science has been very successful in improving our understanding of environment-economy interdepen dence.

Author: Rüdiger Pethig

Publisher: Springer Science & Business Media

ISBN: 9789401583176

Category: Business & Economics

Page: 348

View: 635

During the last decades, environmental economics as a science has been very successful in improving our understanding of environment-economy interdepen dence. Using conventional economic methodology, environmental aspects have been explicitly incorporated into economic models making use of the concept of externality. This concept was already familiar to economists long before evidence of severe environmental deterioration found its way into the headlines and peo ple's awareness. But before that time, external effects were not considered as being empirically very relevant, they seemed to be -like the example of the bees and the fruit trees - somewhat bucolic in nature. All that changed dramatically when it was no longer possible (or easy) to ignore the large-scale environmental disruption with its negative feedback on consumers and producers caused by growing pollution and excessive use of environmental resources. In diagnosing the discrepancy between private and social cost as the cause of the problem, the externality paradigm proved very useful. The correct diagnosis implies the straightforward cure to internalise all external cost, namely the damage cost of pollution. But it is one thing to identify the qualitative nature of the problem at an abstract conceptual level and quite another thing to place specific money values on pollution damage and society's valuation of the environment, respectively, in the context of specific pollution (control) problems. Very often it is controversial not only how inefficient the no-policy situation is but also what exactly the net benefit of any public action of reducing pollution is.
Categories: Business & Economics

Environmental and Resource Valuation with Revealed Preferences

Environmental and Resource Valuation with Revealed Preferences

This book provides a systematic review of those economic approaches for valuing the environment and natural resources that use information on what people do, not what they say.

Author: Nancy E. Bockstael

Publisher: Springer

ISBN: 9048100003

Category: Business & Economics

Page: 376

View: 445

This book provides a systematic review of those economic approaches for valuing the environment and natural resources that use information on what people do, not what they say. The authors have worked on models of revealed preferences for valuing environmental and natural resources for several decades. The book provides a candid review of the major conceptual challenges and an exploration of neglected issues in the literature.
Categories: Business & Economics

Natural Resource Economics The Essentials

Natural Resource Economics  The Essentials

This text is adapted from the best-selling Environmental and Natural Resource Economics, 11th edition, by the same authors.

Author: Tom Tietenberg

Publisher: Routledge

ISBN: 9781000477917

Category: Business & Economics

Page: 408

View: 130

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.
Categories: Business & Economics

Environmental Valuation in Developed Countries

Environmental Valuation in Developed Countries

Political Studies Review This is the second of two volumes of case studies that illustrate how environmental economists place values on environmental assets and on the flows of goods and services generated by those assets.

Author: David W. Pearce

Publisher: Edward Elgar Publishing

ISBN: 9781847201768

Category: Nature

Page: 480

View: 335

Environmental Valuation in Developed Countries will be of interest to policy makers and economist in search of a variety of methodologies related to environmental valuation. Political Studies Review This is the second of two volumes of case studies that illustrate how environmental economists place values on environmental assets and on the flows of goods and services generated by those assets. The first volume, Valuing the Environment in Developing Countries, illustrates methodologies and applications of valuation techniques in the developing world; this volume concentrates on developed or wealthy nations where the first examples of economic valuation of the environment were carried out. This important book assembles studies that discuss broad areas of application of economic valuation from amenity and pollution through to water and health risks, from forestry to green urban space. In this, his last book, the late David Pearce brought together leading European experts, contributors to some two dozen case studies exploring the frontiers of economic valuation of natural resources and environmental amenity in the developed world. Essays on the role of valuation in environmental policy, environmental justice and green accounts are presented, and case study topics include: valuing forestry benefits GM crops water use and quality externalities in the electricity sector renewable energy benefits electricity transmission line disamenity urban greenspace chemical risks noise pollution. Economic valuation has undoubtedly made an important contribution to the environmental debate, and the contributors illustrate how sophisticated techniques have become, and how powerful their application can be. As such, this significant volume will prove essential reading for academics, researchers, students and practitioners in the field of environmental economics.
Categories: Nature

Natural Resource Economics The Essentials

Natural Resource Economics  The Essentials

This text is adapted from the best-selling Environmental and Natural Resource Economics, 11th edition, by the same authors.

Author: Tom Tietenberg

Publisher: Routledge

ISBN: 9781000468359

Category: Business & Economics

Page: 408

View: 608

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.
Categories: Business & Economics

Valuing Complex Natural Resource Systems

Valuing Complex Natural Resource Systems

"This book will appeal strongly to students, researchers and academics with an interest in natural resources valuation and management, environmental economics and applied benefit-cost analysis."--BOOK JACKET.

Author: Anna Alberini

Publisher: Edward Elgar Publishing

ISBN: UOM:39015064754578

Category: Technology & Engineering

Page: 222

View: 972

"This book will appeal strongly to students, researchers and academics with an interest in natural resources valuation and management, environmental economics and applied benefit-cost analysis."--BOOK JACKET.
Categories: Technology & Engineering

Environmental Natural Resource Economics

Environmental   Natural Resource Economics

Environmental and Natural Resource Economics, 8/e takes a policy-oriented approach, introducing economic theory in the context of debates and empirical work from the field.

Author: Thomas H. Tietenberg

Publisher: Addison-Wesley Longman

ISBN: 0321485718

Category: Business & Economics

Page: 660

View: 419

This 8th edition offers a wealth of new examples and hot topics, such as genetically modified organisms and the cost effectiveness of new transportation fuels. The international edition also considers environmental problems and policies in Western Europe, China and the developing nations.
Categories: Business & Economics

Valuing Natural Capital

Valuing Natural Capital

This book provides a succinct introduction to natural capital: what natural capital is and how it links to other capitals; the business case for using it in decision-making; where natural capital accounting and valuation fit in the ...

Author: Dr Dorothy Maxwell

Publisher: Do Sustainability

ISBN: 9781910174456

Category: Business & Economics

Page: 100

View: 525

Companies that will succeed in the long-term are integrating natural and social capital into their business model now. Natural capital, the resources and critical support services nature provides, underpins our entire global economy. Yet despite its vast social and economic value, the many benefits of natural capital are often assumed to be 'free'. The future shock for business is the potential for profit to be wiped out as natural capital is internalized through regulation and markets. Freshwater, forests and biodiversity are being consumed at an alarming rate, and critical support systems such as the ability to regulate climate are failing. As these and other sustainability challenges develop, businesses and their investors need to understand their role in maintaining natural capital and their natural capital risks and opportunities. The language of finance provides a useful approach for communicating trade-offs and prioritizing sustainability at CFO, CEO and board level: companies who 'future-proof' now will position themselves to thrive in a resource-constrained world. They will mitigate risk, secure their resource supplies, create long-term value and enhance their resilience, reputation and competitive advantage. This book provides a succinct introduction to natural capital: what natural capital is and how it links to other capitals; the business case for using it in decision-making; where natural capital accounting and valuation fit in the sustainability and financial toolbox; and what real life early adopters of natural capital in business are doing. Views from natural capital leaders across business, finance, accounting, government, research and NGO communities illustrate the theory with practice. Included: Quotes and case examples from CFOs, CEOs and Heads of Sustainability in early adopter businesses (Kingfisher Group, Dow Chemical Company, The Crown Estate, Patagonia®, United Utilities and Marks & Spencer) and financial institutions (Inter-American Development Bank, Citi Group and Credit Suisse).
Categories: Business & Economics

Handbook of Environmental Economics

Handbook of Environmental Economics

Volume 2 of the Handbook of Environmental Economics presents both the theory and the practice of environmental valuation.

Author: Karl-Goran Maler

Publisher: Elsevier

ISBN: 9780080457499

Category: Business & Economics

Page: 642

View: 663

Much applied environmental economics is concerned with the valuation of changes in environmental quality. Obtaining reliable valuation estimates requires attention to theoretical and econometric issues that are often quite subtle. Volume 2 of the Handbook of Environmental Economics presents both the theory and the practice of environmental valuation. It synthesizes the vast literature that has accumulated since the publication of the Handbook of Natural Resource and Energy Economics two decades ago. It includes chapters on individual valuation methods written by researchers responsible for fundamental advances in those methods. It also includes cross-cutting chapters that deal with aspects of welfare theory, uncertainty, experimental methods, and public health that are pertinent to valuation. Throughout the volume, attention is paid to research and policy issues that arise not only in high-income countries, where most of the theory and econometrics that underlie applied valuation methods have been developed, but also in poorer parts of the world. The volume provides a state-of-the-art reference for scholars and practitioners alike.
Categories: Business & Economics

Environmental and Natural Resource Economics An Encyclopedia

Environmental and Natural Resource Economics  An Encyclopedia

Baltimore, MD: Resources for the Future. Bateman, I., and K.G. Willis. 1999. Valuing Environmental Preferences: Theory and Practice of the Contingent ...

Author: Timothy C. Haab Ph.D.

Publisher: ABC-CLIO

ISBN: 9781440801204

Category: Nature

Page: 372

View: 406

Accessible to students and practitioners without an advanced degree in environmental economics, this essential reference work pinpoints the role of the economy in both creating and solving many of the world's most pressing environmental challenges. • Provides stand-alone, easy-to-understand, politically neutral, and factually driven entries by leading experts on all the major themes and topics in environmental and natural resource economics • Supplies a usable framework for readers without an advanced degree in the subject to understand debates in the public forum on environmental and natural resource economics • Delivers the most comprehensive overview of one of the fastest-growing subdisciplines of economics
Categories: Nature

Assigning Economic Value to Natural Resources

Assigning Economic Value to Natural Resources

Valuing natural resource depletion or environmental degradation depends heavily on techniques to impute prices because many of the services of natural ...

Author: National Research Council

Publisher: National Academies Press

ISBN: 9780309051439

Category: Science

Page: 196

View: 815

There has been a lot of discussion among policymakers, particularly within the Clinton Administration, about how to make U.S. economic indicators, such as GNP, more accurately reflect the state of the environment. This book explores the major issues and controversies involved in incorporating natural resources and the environment into economic accounts. The first section of the volume, based largely on a three-day workshop of experts in the field, explains the possibilities and pitfalls in so-called "green" accounting. This is followed by a selection of nine individually authored papers, including one by Nobel prize winner Robert Solow, that probe scientific aspects of this issues in greater depth.
Categories: Science

Environmental and Natural Resources Economics

Environmental and Natural Resources Economics

Prepared by Natural Resource Damage Assessment, Inc., La Jolla, CA. Casey, J., T. Vukina, and L. Danielson. 1995. “The Economic Value of Hiking: Further ...

Author: Steven Hackett

Publisher: Routledge

ISBN: 9781315289922

Category: Business & Economics

Page: 560

View: 456

This new edition of "Environmental and Natural Resources Economics" provides an accessible yet rigorous treatment of the subject, including the economics of sustainability. The new edition has been updated extensively throughout. A new chapter has been added on fisheries economics and policy, and the chapter on global climate change has been substantially rewritten to incorporate new scientific information and evolving public policy. Many new figures and tables have been added, and the glossary has also been expanded. Readers will appreciate the balanced and accessible coverage, and the integration of economics with science and public policy.
Categories: Business & Economics

Proposed Treatments of the Environment and Natural Resources in the National Accounts

Proposed Treatments of the Environment and Natural Resources in the National Accounts

Deducting a value of environmental degradation from GNP to give a new measure of ... In addition to the problem of valuing depreciation of natural resources ...

Author: Kirk Hamilton

Publisher:

ISBN: MINN:31951P00272856Q

Category: Natural resources

Page: 12

View: 531

"Critics of the treatment of the environment in the national accounts have generally taken one of three approaches: (i) that product is incorrectly measured, and therefore Gross Domestic Product should be adjusted; (ii) that depreciation is incorrectly or incompletely measured, and therefore Net Domestic Product should be adjusted; and (iii) that wealth is incompletely measured, so that the measure of National Wealth should be expanded. This article assesses these approaches in turn, comments on common issues in the valuation of environmental deterioration and resource depletion, and offers some thoughts on the measurement of economic sustainability"--Page 1.
Categories: Natural resources

Principles of Environmental Economics

Principles of Environmental Economics

This text offers a systematic exposition of environmental and natural resource economics.

Author: Ahmed M. Hussen

Publisher: Psychology Press

ISBN: 9780415195713

Category: Business & Economics

Page: 431

View: 703

This text offers a systematic exposition of environmental and natural resource economics. It presents the economic and ecological principles essential for a clear understanding of contemporary environmental and natural resource issues and policy considerations. Environmental and natural resource issues are considered in a broad, interdisciplinary context that does not treat them as just another subset of applied economics. The main subject areas include: * basic economic concepts specifically relevant to environmental economics * the economics of natural resource scarcity * ecology, economics and the biophysical constraints to economic growth * ecological economics * the economics of sustainable development * the economics of pollution * valuing the environment * the economics of natural resources * population, development and the environment. The author develops specific tools to illuminate the central problems of environmental economics. Fundamental economic concepts specifically relevant to environmental and resource economics are introduced and then integrated with ecological principles and approaches. This text presents an integrated understanding of environmental and resource economics that acknowledges the disciplinary tie between economics and ecology. This student-friendly textbook includes a variety of study tools including case studies, revision questions and discussion questions. Written in a clear and accessible style, Principles Of Environmental and Natural Resource Economics considers a variety of real world examples to illustrate the policy relevance and implications of key economic and ecological concepts.
Categories: Business & Economics

Environmental and Natural Resources Economics

Environmental and Natural Resources Economics

Valuing Environmental Goods: An Assessment of the Contingent Valuation Method. Totowa, NJ: rowman and Allanheld. Diamond, D. 1980.

Author: Steven C. Hackett

Publisher: M.E. Sharpe

ISBN: 9780765624956

Category: Business & Economics

Page: 552

View: 123

Extensively revised and updated, this popular text presents an accessible yet rigorous treatment of environmental and natural resources economics, including climate change and the economics of sustainability. Completely revised and updated, the fourth edition now includes new figures and tables, definitions to assist the reader, and updated policy information. New advances in the science, economics and policy approaches to climate change have been integrated into essentially all-new chapters on incentive regulation and global climate change. This innovative textbook integrates economics with science and public policy in a balanced and accessible way that will be appreciated by students from disciplines ranging from economics and natural resources management to environmental studies and energy policy.
Categories: Business & Economics