This important book deals with the essential principles of resource and environmental economics, provides applications to contemporary issues in this field, and outlines and assesses policies being used or proposed for managing the use of environmental and natural resources. Covering specific contemporary topics such as agriculture and the environment, water use, greenhouse gas management, biodiversity conservation, tourism and the environment, and environmental economics and health, leading issues in resource and environmental economics are outlined and analyzed in an innovative manner. Institutional economics (both new and traditional) is applied and compared with other approaches such as neoclassical economics, behavioral economics and the Austrian School of Economics. This heterogeneous, multi-perspective approach enables problems to be considered from several different angles, thus enhancing the reader's comprehension of the subject matter. Furthermore, using minimal technical jargon, the book takes into account aspects of modern economic analysis such as the costs of and constraints on decision-making and the transaction costs involved in policy implementation.

This important book deals with the essential principles of resource and environmental economics, provides applications to contemporary issues in this field, and outlines and assesses policies being used or proposed for managing the use of environmental and natural resources. Covering specific contemporary topics such as agriculture and the environment, water use, greenhouse gas management, biodiversity conservation, tourism and the environment, and environmental economics and health, leading issues in resource and environmental economics are outlined and analyzed in an innovative manner. Institutional economics (both new and traditional) is applied and compared with other approaches such as neoclassical economics, behavioral economics and the Austrian School of Economics. This heterogeneous, multi-perspective approach enables problems to be considered from several different angles, thus enhancing the reader's comprehension of the subject matter. Furthermore, using minimal technical jargon, the book takes into account aspects of modern economic analysis such as the costs of and constraints on decision-making and the transaction costs involved in policy implementation.

Sustainability Principles and Practice gives an accessible and comprehensive overview of the interdisciplinary field of sustainability. The focus is on furnishing solutions and equipping students with both conceptual understanding and technical skills. Each chapter explores one aspect of the field, first introducing concepts and presenting issues, then supplying tools for working toward solutions. Elements of sustainability are examined piece by piece, and coverage ranges over ecosystems, social equity, environmental justice, food, energy, product life cycles, cities, and more. Techniques for management and measurement as well as case studies from around the world are provided. The 3rd edition includes greater coverage of resilience and systems thinking, an update on the Anthropocene as a formal geological epoch, the latest research from the IPCC, and a greater focus on diversity and social equity, together with new details such as sustainable consumption, textiles recycling, microplastics, and net-zero concepts. The coverage in this edition has been expanded to include issues, solutions, and new case studies from around the world, including Europe, Asia, and the Global South. Chapters include further reading and discussion questions. The book is supported by a companion website with online links, annotated bibliography, glossary, white papers, and additional case studies, together with projects, research problems, and group activities, all of which focus on real-world problem-solving of sustainability issues. This textbook is designed to be used by undergraduate college and university students in sustainability degree programs and other programs in which sustainability is taught.

Presenting a comprehensive analysis of the use of alternative sources of energy and technologies to produce fuels and power, this book describes the energy value chain from harvesting the raw material, (i.e solar, wind, biomass or shale gas) followed by analysis of the processing steps into power, fuels and/or chemicals and finally the distribution of the products. Featuring an examination of the techno-economic processes and integration opportunities which can add value to by-products or promote the use of different sources of energy within the same facility, this book looks at the tools that can make this integration possible as well as utilising a real world case study. The case study of the operation of "El hierro" island is used as an example of the current effort towards more efficient use of the resources available. Tackling head on the open challenges of the supply, the variability of the source and its prediction, the description of novel processes that are being developed and evaluated for their transformation as well as how we can distribute them to the consumer and how we can integrate the new chemicals, fuels and power within the current system and infrastructure, the book takes a process based perspective with such an approach able to help us in the use and integration of these sources of energy and novel technologies.

The Intergovernmental Panel on Climate change (IPCC) was jointly established by the World Meteorological Organization (WMO) and the United Nations Envir- ment Programme (UNEP) to assess the scientific, technical and socio-economic information relevant for the understanding of the risk of human-induced climate change. Since its inception the IPCC has produced a series of comprehensive - sessment Reports, Special Reports and Technical Papers on the state of the und- standing of causes of climate change, its potential impacts, and options for response strategies. In 1998, Working Group III (WG III) of the ongoing Third Assessment was charged by the IPCC Plenary to assess the scientific, technical, environmental, economic and social aspects of the mitigation of climate change and a series of cross-cutting issues such as equity, development and sustainability. Its mandate was changed from a predominantly disciplinary assessment of the economic and social dimensions of climate change in the Second Assessment Report to an interdisciplinary assessment of the options to control the emissions of greenhouse gases and/or enhance their sinks. One key issue of the IPCC Third Assessment Report (TAR) on mitigation of climate change, which has undergone an extensive review by scientists and governments, is the role of present and future behaviour of individuals, households, private and p- lic companies, public authorities and other stakeholders.

This book provides a systematic overview of transmission network investment in liberalized power markets. Recent government policies to increase the share of intermittent renewable power generation and other technological innovations present new theoretical as well as practical challenges for transmission investments. Written by experts with a background in both economics and engineering, the book examines the economic and technical fundamentals of regulated and merchant transmission investment, and includes case studies of transmission investment in a number of countries. The book is divided into four parts: Part 1 introduces the basic economics and engineering of transmission network investment, while Part 2 discusses merchant investment in the transmission network. Part 3 then examines transmission investment coordination and smart grids, and lastly, Part 4 describes practical experiences of transmission network investment in power market in various countries.

This book provides an integrated approach to the assessment of seismic hazards. The reduction of losses expected by future earthquakes is probably the most important contribution of seismology to society. Large earthquakes occurred in densely populated areas highlight the dramatic inadequacy of a massive portion of the buildings demonstrating the high risks of modern industrial societies. Building earthquake-resistant structures and retrofitting old buildings on a national scale can be extremely expensive and can represent an economic challenge even for developed western countries. Earthquakes can cause also several psychological problems due to the fact that such kind of disasters will result in casualties, collapsing of houses, strategic buildings and facilities and deeply affect a community. Moreover in our society it is necessary to properly plan emergency responses and rescues taking into account any possible secondary effect in order to avoid more casualties.

This book envisages a different form of our economies where care work and care-full relationships are central to social and cultural life. It sets out a feminist vision of a caring economy and asks what needs to change economically and ecologically in our conceptual approaches and our daily lives as we learn to care for each other and non-human others. Bringing together authors from 11 countries (also representing institutions from 8 countries), this edited collection sets out the challenges for gender aware economies based on an ethics of care for people and the environment in an original and engaging way. The book aims to break down the assumed inseparability of economic growth and social prosperity, and natural resource exploitation, while not romanticising social-material relations to nature. The authors explore diverse understandings of care through a range of analytical approaches, contexts and case studies and pays particular attention to the complicated nexus between re/productivity, nature, womanhood and care. It includes strong contributions on community economies, everyday practices of care, the politics of place and care of non-human others, as well as an engagement on concepts such as wealth, sustainability, food sovereignty, body politics, naturecultures and technoscience. Feminist Political Ecology and the Economics of Care is aimed at all those interested in what feminist theory and practice brings to today's major political economic and environmental debates around sustainability, alternatives to economic development and gender power relations.

Anarchism and Ecological Economics: A Transformative Approach to a Sustainable Future explores the idea that anarchism - aimed at creating a society where there is as much freedom in solidarity as possible - may provide an ideal political basis for the goals of ecological economics. It seems clear that it is going to be impossible to solve the problems connected to environmental degradation, climate change, economic crashes and increasing inequality, within the existing paradigm. The anarchist aims of reducing the disparities of rank and income in society and obtaining a high standard of living within environmentally sound ecosystems chime well with the ecological economists' goal of living within our environmental limits for the betterment of the planet and society. The book refers to the UN's sustainability development goals, and the goals expressed in the Earth Charter, viewing them through an anarchist's lens. It argues that in order to establish ecological economics as a radical new economy right for the 21st century, neoliberal economics needs to be replaced. By connecting ecological economics to a solid philosophical tradition such as anarchism, it will be easier for ecological economics to become a far more potent alternative to "green" economic thinking, which is based on, and supports, the dominant political regime. Innovative and challenging, this book will appeal to students and scholars interested in economics and the politics surrounding it.

Water exploitation has increased notably in the world during the last 250 years since the onset of industrialisation. The relationships between economic processes and water use are complex and include many interwoven drivers such as: technological development, dietary choices and food production, climate change, demographic change, and policy reforms, among others. Ensuring food, water, and energy for the growing population remains a common global challenge. Taking on a multi- and inter-disciplinary viewpoint, Water Resources and Economic Processes offers an up-to-date collection of contributions from leading scholars and works to gather research on important aspects of relevant fields and methodologies, including: Historical and long-term overview of the relations between income growth, water use, and technological development; Water markets and collaborative actions' promise and threats in the fight against water stress; Impact of climate change on water productivity, including inter- and intra-annual variations; Urban reforms and surveys on the attitude of citizens towards private and public mitigation and preservation measures; Regional, national, and global comparative case-studies; International trade, migration, conf licts, and the globalisation of water; Methodological and empirical challenges of building future scenarios. This book is a key reference text for those studying water governance and management. It is suited to PhD students, national institutions, and NGO, as well as other professionals interested in understanding sustainable water use at the local, national, and international scales.

Asian nations increasingly have to balance energy needs with environmental impacts and economic growth. These critical issues for the development of Asian nations and the quality of life of their citizens are extensively addressed in this major new volume which focuses on research and policy perspectives.A distinguished group of researchers from Asia, Europe and North America, focuses on Asian initiatives on global and regional environmental problems, the impact of energy and environment on development and international trade in Asia, the problems associated with siting major energy facilities, the Asian green movement and public reaction to environmental degradation, and the role of communities in achieving a balance between energy, environment and economics. Researchers and policymakers, public policy and management researchers and environmentalists will welcome this important book which addresses the key issue of balancing the conflicting objectives of energy planning, environmental management and economic development.

This comprehensive Handbook explores the role that economics plays in water resource use, management, and policy. The contributors cover a continuum of topics that individually and jointly represent the state of the art of water economics.Leading scholars demonstrate ways in which economic theory, tools, and analyses have been used to address a variety of water-related issues over the years and, subsequently, to create better-informed policy and management decisions. Acknowledging and building upon the seminal research related to water economics, this book offers a current and provocative exploration of a variety of topics, including: the role of institutions in developing sound water policy and water sustainability extraction, production, and use of surface water, groundwater, and recycled water, including the conjunctive use of these resources the use of water in industrial, residential, agricultural, and hydropower sectors as well as for the environment and ecosystems the role of experimental economics; methods to address climate change effects and adaptation; developments in the field of nonmarket valuation; approaches to nonpoint source pollution control and salinity pollution; issues related to water in the developing world; water and economic growth; and management of international water. The Handbook of Water Economics will prove to be an enlightening, thought-provoking, and practical read for PhD students, researchers in water economics and management, water-related agency staff, and professionals interested in water-related economic issues at the local, state, national, and international levels. Contributors: E. Ansink, K.A. Baerenklau, E.B. Barbier, R. Bark, H. Bejarano, K. Burnett, R.T. Carson, J. Connor, O.G. Davila, A. Dinar, D.P. Dupont, B. Franklin, R.Q. Grafton, K. Hansen, F. Hernandez-Sancho, H. Houba, B.H. Hurd, W.K. Jaeger, P.-O. Johansson, S. Kaplan, V. Kerry Smith, K.C. Knapp, P. Koundouri, B. Kristroem, A. Loch, M. Molinos-Senante, S.K. Pattanayak, S. Pongkijvorasin, S. Renzetti, J. Roumasset, K. Schwabe, J. Shortle, V.K.Smith, D. Squires, Y. Tsur, C.A. Wada, J. Wang, F.A. Ward, S.A. Wheeler, D. Whittington, M.-Q. (Kent) Zhao, D. Zilberman

This book examines green management practices among top-performing companies operating on the Chinese mainland. It begins with the question: what constitutes a "green" company? Is this definition different when we consider China's sustainability efforts? Taken into consideration are such aspects as green management vision, supplier management programs, resource usage and investment in the environment. Through in-depth interviews with sustainability leaders and top executives, this Green Management Book will reveal how to systematically create or improve existing green management strategies in China. It uses actual case studies from domestic and foreign companies to highlight these practices. Over 2 years of extensive research - working with the research board of the Fortune China CSR rankings and China-based CSR strategy platform InnoCSR - contribute to a comprehensive list of companies that are leading the way towards a greener China.

This critical volume addresses an important contemporary issue, how to determine themost cost-effective approach to solid waste disposal. Based on wide-ranging, practicalexperience, this time-saving work details a systems approach to feasibility studies, providingthe basis for accurate, efficient analysis. And, to illustrate the use of this innovativemethod, the book includes a complete "case study" of a hypothetical community.Beginning with data collection and cost estimation, Resource Recovery Economics movesthrough the analysis process, covering marketing of resources, alternative systems, financialconsiderations, life-cycle-costs, and implementation planning. Additionally, resultsfrom many actual studies are included, making this an excellent reference book for solidwaste management data.A unique work, Resource Recovery Economics serves as the requisite reference for allofficials responsible for solid waste disposal and management, including public worksdirectors, city planners, solid waste directors, public health officials, and environmentalprotection officers. This outstanding book also affords the basis for graduate and advancedundergraduate engineering, urban planning, and public administration courses in SolidWaste Management Planning and Resource Recovery Planning. Moreover, consulting engineers,investment bankers, and original equipment manufacturers will derive improvedunderstanding of their role in the analysis process.

This book provides an up-to-date series of advanced chapters on applied financial econometric techniques pertaining the various fields of commodities finance, mathematics & stochastics, international macroeconomics and financial econometrics. Financial Mathematics, Volatility and Covariance Modelling: Volume 2 provides a key repository on the current state of knowledge, the latest debates and recent literature on financial mathematics, volatility and covariance modelling. The first section is devoted to mathematical finance, stochastic modelling and control optimization. Chapters explore the recent financial crisis, the increase of uncertainty and volatility, and propose an alternative approach to deal with these issues. The second section covers financial volatility and covariance modelling and explores proposals for dealing with recent developments in financial econometrics This book will be useful to students and researchers in applied econometrics; academics and students seeking convenient access to an unfamiliar area. It will also be of great interest established researchers seeking a single repository on the current state of knowledge, current debates and relevant literature.

This important book sheds light on the ways in which modern tools of welfare economics can be used to assess the benefits and costs of resource conflicts involving hydropower. The chapters highlight key methodological issues in this area; ranging from the intersection between cost benefit analysis and behavioral economics, to the value of load balancing services provided by hydropower. The inclusion of insights from expert contributors from both sides of the Atlantic brings a unique and interesting range of viewpoints to the work.Several factors suggest that resource conflicts involving moving water are likely to be even more difficult to resolve today than they have been in the past. The contributors, top scholars in resource economics, consider a variety of issues through the lens of cost benefit analysis. In the first part of the book, they address specific cases and issues from North America and Europe. The book closes with a more general look at the topic. Academics and students interested in applied welfare economics, especially cost benefit analysis and energy economics, along with government officials in the energy environment nexus and private sector analysts will all find much of interest and value in this volume. Contributors include: J. Duffield, F. Forsund, N. Hanley, L. Hjalmarsson, P.-O. Johansson, Y. Ju, B. Kristrom, J. Loomis, E.M. Moore, B. Ranneby, V.K. Smith

This book offers a lively account of the humanitarian, economic, societal, and planetwide impacts of the pandemics, the COVID-19 pandemic included, which are traced back to as early as the 14th century plague pandemic. Placing the pandemics along with other globally shared resources, such as global warming, AI singularity, and high-risk physics experiments, each of the nine chapters of the book discusses the global health crises from a variety of unique standpoints, including infectious diseases, economics, governance, and public health. Based on the historical records of past pandemics and the rich data from the COVID-19 pandemic, a conceptual framework is presented for the economics of pandemics as a globally shared experience. This book aims to critically examine salient features in the global responses to the COVID-19 pandemic, including global governance, lockdowns, radical movements, and mRNA vaccines. The book will be a valuable resource to students, researchers, and policymakers who are working in the fields of environmental economics, global-scale public goods, and health economics.

By departing from conventionally analytical tools such as Cobb-Douglas and CES production functions, the author quantitatively analyses the production structure and productivity of Japanese agriculture for the second half of the 20th century. To achieve this objective the book uses newly developed analytical tools from the early-1950s through to the 1980s such as the duality theorem, flexible functional forms, and index number theories. By making full use of these newly developed analytical tools, the author offers comprehensive, consistent, integrated, and reliable empirical results for analysing the production structure and productivity of postwar Japanese agriculture.
Volume 1 utilises the crop-livestock multiple product total and variable translog cost to quantitatively assess production structure and productivity from 1957-1997. Important indicators of production are estimated for different size classes for each
year and are compared over time. Furthermore, a distinctive feature of Volume 1 is the introduction of a newly devised method for decomposing the growth rate of labor productivity. This process departs from the conventional Solow growth account method, which is not explicitly integrated with the theory of the firm.

Efforts to effectively conserve and manage marine resources are facing increasing complexity of environmental and governance challenges. To address some of these challenges, this book presents advancements in fisheries bioeconomics research that provides significant ideas for addressing emerging environmental and fisheries management issues. Advances in Fisheries Bioeconomics gives insights into innovative approaches dealing with these issues, as well as novel ideas on changes in fisheries management paradigms. With contributions from leading experts in the field, this book offers an examination of a number of topics including: ecosystem based fisheries management; by-catch management and discard bans; the number of players in the fisheries game; the effects of ocean acidification; and the trends and impacts of eco-labeling and eco-certification of fisheries. Through integrating resource biology and ecology with the economics of fishers' behaviour, the authors provide valuable analysis of the current issues in fisheries management. This book will be of interest to those on advanced courses in fisheries science, natural resource biology and ecology, and environmental and natural resource economics. It will also appeal to researchers, policy makers, and advocacy groups around the world.

First published in 1970. The aim of this book is to provide an introduction to the special problems of agriculture in modern economies. The author writes for students of economics who have already acquired the elements of economic theory; no attempt is made, therefore, to explain simple theoretical concepts, but instead these are used in the analysis of some of the main problems of agricultural adjustment. Emphasis is placed on the position of agriculture in the economies of western Europe and of the United States. Sufficient historical background is given to explain the present use of the factors of production in agriculture and the way in which this use and policies of agricultural support vary from one country to another. Agricultural support policies are discussed with reference to their effect on consumers, producers and on rural society.

First published in 1995. Based on a detailed adjustment for the quality of inputs and outputs, this study develops state-level measures for total factor productivity growth in US agriculture which are used to determine (i) the presence and determinants of convergence across states; (ii) the contribution of individual factors of production to productivity growth; (iii) the importance of spillovers across states; (iv) the economic effects of, returns to, and factor biases of research and extension. This title will be of great interest to students of economics and agriculture.

This collection breaks new ground by investigating applications of degrowth in a range of geographic, practical and theoretical contexts along the food chain. Degrowth challenges growth and advocates for everyday practices that limit socio-metabolic energy and material flows within planetary constraints. As such, the editors intend to map possibilities for food for degrowth to become established as a field of study. International contributors offer a range of examples and possibilities to develop more sustainable, localised, resilient and healthy food systems using degrowth principles of sufficiency, frugal abundance, security, autonomy and conviviality. Chapters are clustered in parts that critically examine food for degrowth in spheres of the household, collectives, networks, and narratives of broader activism and discourses. Themes include broadening and deepening concepts of care in food provisioning and social contexts; critically applying appropriate technologies; appreciating and integrating indigenous perspectives; challenging notions of 'waste', 'circular economies' and commodification; and addressing the ever-present impacts of market logic framed by growth. This book will be of greatest interest to students and scholars of critical food studies, sustainability studies, urban political ecology, geography, environmental studies such as environmental sociology, anthropology, ethnography, ecological economics and urban design and planning.

This insightful book discusses the use of Cost-Benefit Analysis (CBA) for transport policy options from an ethical perspective.Each detailed chapter deals with issues such as; the use and ethical aspects of CBA in transport, social exclusion, the environment and long term sustainability, safety, ethics of research and modeling transport. It summarizes ethics-based critics on CBA and discusses their relevance for accessibility, the environment and safety. In addition it explores ethical dilemmas of doing CBAs and CBA related research. The book concludes with possible avenues for furthering exploring the links between transport and ethics. Transport and Ethics will appeal to researchers in the area of CBA for transport, postgraduate and undergraduate students in transport economics, transport policy, transport planning and transport geography, as well as policy makers in the area of transport. Contents: 1. Introduction; 2. The Opinion of the Target Group; 3. How Suitable is CBA for the Ex-ante Evaluation of Transport Projects and Policies?; 4. Social Exclusion; 5. Long Term Sustainability and Transport Evaluation; 6. Safety: Indicators, Pricing Humans and Democracy; 7. The Ethics of Doing Transport Research; 8. The Use of Models; 9. Epilogue and Discussion; Index

This major new reference work includes a selection of the most important articles and papers on urban economic theory published during the last twenty years. Analytical Urban Economics focuses on a branch of urban economic theory that attempts to analyze economic behaviour in cities by referring to geographical space rather than dealing with a spaceless world. The contributing authors to this volume are drawn from some of the most prominent urban economists in the world and from leading economic journals, especially those focusing on urban economics. This volume, with a new introduction written by the editors, is divided into ten sections including 'The Distribution of Income and Utility over Space', 'Dynamics' and 'Alternatives to Monocentric Models'. This book will be an essential reference text for urban economists and will be important background reading for graduate courses on urban economics.

The Blue Economy is emerging on the global scene as a powerful and persuasive new concept for sustainable development based on economic activities associated with the ocean. Several regions globally have adopted this concept at national and regional levels, including the Caribbean. Given the complex, multisectoral and multilevel nature of the Blue Economy, it is clear that different approaches will be needed for different regions. Hence, this volume explores the opportunities, threats and risks involved in operationalising the Blue Economy in the Wider Caribbean Region, defined as northern Brazil to the USA and all mainland and island countries and territories in-between. The first part of the book looks at where the region stands in the global picture regarding adoption of the Blue Economy and what is planned. The second set of chapters examines key crosscutting issues such as ecosystem services, climate change and governance at national and regional levels that could make or break the Blue Economy initiative. The book then goes on to explore the main sectoral activities that will constitute the Blue Economies in the region: fisheries, tourism, shipping and transport, renewable energy, oil and gas, seabed mining and waste management are all considered. The book ends with a synthesis of the political and technical requirements to overcome threats and take advantage of opportunities in the Blue Economy.