Assigning Economic Value To Natural Resources

Author : National Research Council,Division on Earth and Life Studies,Commission on Geosciences, Environment and Resources,Commission on Geosciences, Environment, and Resources
Publisher : National Academies Press
Page : 196 pages
File Size : 54,6 Mb
Release : 1994-02-01
Category : Science
ISBN : 9780309051439

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Assigning Economic Value to Natural Resources by National Research Council,Division on Earth and Life Studies,Commission on Geosciences, Environment and Resources,Commission on Geosciences, Environment, and Resources Pdf

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.

Author : National Research Council,Division on Earth and Life Studies,Water Science and Technology Board,Committee on Assessing and Valuing the Services of Aquatic and Related Terrestrial Ecosystems
Publisher : National Academies Press
Page : 291 pages
File Size : 40,7 Mb
Release : 2005-05-14
Category : Science
ISBN : 9780309093187

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Valuing Ecosystem Services by National Research Council,Division on Earth and Life Studies,Water Science and Technology Board,Committee on Assessing and Valuing the Services of Aquatic and Related Terrestrial Ecosystems Pdf

Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.

Author : Barry C. Field
Publisher : Waveland Press
Page : 444 pages
File Size : 52,9 Mb
Release : 2015-12-10
Category : Business & Economics
ISBN : 9781478632450

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Natural Resource Economics by Barry C. Field Pdf

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

Author : Rebecca L Johnson
Publisher : Routledge
Page : 235 pages
File Size : 54,9 Mb
Release : 2019-04-24
Category : Political Science
ISBN : 9780429694066

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Economic Valuation Of Natural Resources by Rebecca L Johnson Pdf

Allocation of natural resources has become a prominent concern at the local, state, and federal level. Competing uses for increasingly scarce resources are requiring that the relative values of those uses be investigated. Although many types of value are important in decision making, this book is concerned with the economic value of natural resources. Economic values for certain natural resources are readily observable in markets. For others, however, market prices are not available, and estimates of value must be made through nonmarket valuation techniques. The progress that has been made in improving the theory, methods, and applications of these techniques has been remarkable. Along with the progress, however, come new problems that must be addressed. The chapters presented in this volume are a collection of examples of both progress and problems.

Author : Sarah Bracking,Aurora Fredriksen,Sian Sullivan,Philip Woodhouse
Publisher : Routledge
Page : 240 pages
File Size : 45,5 Mb
Release : 2018-10-17
Category : Nature
ISBN : 9781351625111

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Valuing Development, Environment and Conservation by Sarah Bracking,Aurora Fredriksen,Sian Sullivan,Philip Woodhouse Pdf

Policy-makers are increasingly trying to assign economic values to areas such as ecologies, the atmosphere, even human lives. These new values, assigned to areas previously considered outside of economic systems, often act to qualify, alter or replace former non-pecuniary values. Valuing Development, Environment and Conservation looks to explore the complex interdependencies, contradictions and trade-offs that can take place between economic values and the social, environmental, political and ethical systems that inform non-monetary valuation processes. Using rich empirical material, the book explores the processes of valuation, their components, calculative technologies, and outcomes in different social, ecological and conservation domains. The book gives reasons for why economic calculation tends to dominate in practice, but also presents new insights on how the disobedient materiality of things and the ingenuity of human and non-human agencies can combine and frustrate the dominant economic models within calculative processes. This book highlights the tension between, on the one hand, a dominant model that emphasises technical and ‘universalising’ criteria, and on the other hand, valuation practice in specific local contexts which is more likely to negotiate criteria that are plural, incommensurable and political. This book is perfect for researchers and students within development studies, environment, geography, politics, sociology and anthropology who are looking for new insights into how processes of valuation take place in the 21st century, and with what consequential outcomes.

Author : Timothy C. Haab,Kenneth E. McConnell
Publisher : Edward Elgar Publishing
Page : 343 pages
File Size : 50,7 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 9781843765431

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Valuing Environmental and Natural Resources by Timothy C. Haab,Kenneth E. McConnell Pdf

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.

Author : Tom Tietenberg,Lynne Lewis
Publisher : Routledge
Page : 648 pages
File Size : 55,7 Mb
Release : 2019-08-01
Category : Business & Economics
ISBN : 9781000477917

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Natural Resource Economics: The Essentials by Tom Tietenberg,Lynne Lewis Pdf

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.

Author : Joy E. Hecht
Publisher : Unknown
Page : 96 pages
File Size : 46,8 Mb
Release : 1999
Category : Business & Economics
ISBN : UOM:39015049631867

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The Economic Value of the Environment by Joy E. Hecht Pdf

Cases from South Asia.

Author : George L. Peterson
Publisher : Unknown
Page : 52 pages
File Size : 52,9 Mb
Release : 1987
Category : Wildlife conservation
ISBN : MINN:31951D030011337

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Toward the Measurement of Total Economic Value by George L. Peterson Pdf

Author : John M. Hartwick,Nancy D. Olewiler
Publisher : HarperCollins Publishers
Page : 552 pages
File Size : 52,6 Mb
Release : 1986
Category : Nature
ISBN : STANFORD:36105001927032

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The Economics of Natural Resource Use by John M. Hartwick,Nancy D. Olewiler Pdf

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.

Author : John C. Bergstrom,Alan Randall
Publisher : Edward Elgar Publishing
Page : 480 pages
File Size : 47,8 Mb
Release : 2016-06-24
Category : Business & Economics
ISBN : 9781784717933

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Resource Economics by John C. Bergstrom,Alan Randall Pdf

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.

Author : Quentin Grafton,Wiktor Adamowicz,Diane Dupont,Harry Nelson,Robert J. Hill,Steven Renzetti
Publisher : John Wiley & Sons
Page : 520 pages
File Size : 49,8 Mb
Release : 2008-04-15
Category : Business & Economics
ISBN : 9781405142342

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The Economics of the Environment and Natural Resources by Quentin Grafton,Wiktor Adamowicz,Diane Dupont,Harry Nelson,Robert J. Hill,Steven Renzetti Pdf

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.

Author : Erhun Kula
Publisher : Springer Science & Business Media
Page : 312 pages
File Size : 46,5 Mb
Release : 1992-02-01
Category : Science
ISBN : 0412363305

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Economics of Natural Resources and the Environment by Erhun Kula Pdf

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.

Author : David W. Pearce,R. Kerry Turner
Publisher : Johns Hopkins University Press
Page : 404 pages
File Size : 50,5 Mb
Release : 1989-12-01
Category : Nature
ISBN : 0801839866

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Economics of Natural Resources and the Environment by David W. Pearce,R. Kerry Turner Pdf

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.

Author : Barry C. Field
Publisher : Waveland Press
Page : 466 pages
File Size : 55,7 Mb
Release : 2023-07-21
Category : Business & Economics
ISBN : 9781478651703

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Natural Resource Economics by Barry C. Field Pdf

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.