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About this book
This text brings together recent developments in the various aspects of environmental economics, as well as providing an introduction to its theory and practice. Environmental valuation techniques are outlined and applied to developed and developing countries, and to countries in transition from centrally planned to market-based systems. The effectiveness of regulatory and market-based policy instruments, including environmental taxation and tradeable permits, is analyzed and applied to such environmental problems as the reduction of greenhouse gas emissions from transport and the conservation of biological diversity.
Contents
Part 1 Economic valuation of the environment: economic valuation in transition economies - an application of contingent valuation to Lake Balaton in Hungary, Susana Mourato; real and hypothetical willingness to pay for environmental preservation - a non-experimental comparison, Vivien Foster et al; an alternative approach to valuing non-market goods, Richard Cookson; from theory to application - the production function approach to environmental valuation, Gayatri Acharya. Part 2 Economic policy towards the environment: environmental taxation - evidence from the transport sector, Melinda Acutt; economic incentives for the control of pollution - modelling tradeable permit systems, Nick Hanley; environmental policy, firm location and green consumption, Michael Kuhn; environmental regulation - uncertainty and threshold effects in the case of biodiversity, Purificacion Granero Gomez. Part 3 Environmental sustainability: the economics of environmental sustainability, Pamela Mason; ecological resilience and economic sustainability, Silvana Dalmazzone; stripping resources and investing abroad - a path to sustainable development?, John C.V. Pezzey.
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