Environmental economics is one of the fastest growing branches of economic studies. This volume brings together several classic articles in the field on a wide range of topics such as externality, non-renewable resources, commons, valuation techniques, sustainability, poverty and environmental resource base, and environmental policy. An introductory paper on environmental policy deals with Indian environmental policy regime and addresses international environmental economic issues from the perspective of a developing country. The reader will interest students, researchers and policy-makers in the field of environment.
Readership: Postgraduate students, researchers and scholars in environmental economics, and general readers with an active interest in ecology and environment related issues. Would prove useful for capsule courses on environmental economics for practising professionals.
"For students and researchers who would be interested in reading the 'classic' writers in this field." - International Journal of Environment and Pollution
Introduction; Externalities 1: The problem of social cost 2: Externalities: Formal analysis; Depletion of Non-Renewable Resources 3: The economics of exhaustible resources 4: Hotelling's The economics of exhaustible resources fifty years later; Degradation of Commons 5: The tragedy of the commons 6: An institutional approach to the study of self-organization and self-governance in CPR situations; Valuation Techniques 7: Measuring the benefits and costs of pollution control 8: Contingent valuation and economics; Sustainability 9: Sustainability: An economist's perspective 10: Environmental accounting: An operational perspective 11: To slow or not to slow: The economics of the Greenhouse Effect; Development and the Environment 12: Poverty and the environmental resource base 13: Environmental policy
