This volume provides insights in to some of the recent developments in empirical research of environmental and resource economics in India. It shows how the very difficult problem of measurement of environmental externalities has to be dealt with in a developing country in which the environmental data base is weak. The topics covered include the designing of environmental policy instruments, valuation of environmental services, environmental cost benefit analysis, and the sustainable development and measuring Green GDP for India.
Using data both from secondary and primary sources, the author provides a number of case studies in environmental economics: measuring environmental efficiency and designing pollution taxes for water and air polluting industries in India; household valuation of urban air quality in three important cities of India using sophisticated methods of environmental valuation; two useful case studies of environmental benefit-cost analysis of Metro rail in Delhi and the cleaning of river Ganges.
1. Introduction; 2. Taxes, Incentives, and Fiscal federalism for Controlling Local and Global Environmental Pollution;; 3. Estimating Environmentally Sustainable Industrial Development in India;; 4. Estimating Environmental Efficiency of Industry and Pollution Taxes: A Case Study of Thermal Power Generation in India;; 5. Sustainable Development and River Cleaning: Cost Benefit Analysis of Cleaning Ganges;; 6. Social cost benefit Analysis of Delhi Metro;; 7. Health Benefits from Urban Air Pollution Abatement in India; 8. A Generalized Method of Hedonic Prices: Measuring Benefits from Reduced Urban Air Pollution;; 9. On Measuring Green GDP