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The Economics of Sustainable Development - The Case of India (Hardcover, 2009 ed.)
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The Economics of Sustainable Development - The Case of India (Hardcover, 2009 ed.)
Series: Natural Resource Management and Policy, 32
Expected to ship within 12 - 17 working days
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This book highlights methodological approaches for the economics of
sustainable development and brings together recent empirical work
done in India, especially by Dr. Surender Kumar and Dr. Shunsuke
Managi. Various chapters in this book use Indian data to show the
very wide applicability of methodologies in the theory of
production for dealing with many empirical issues of
environmentally sustainable development in a developing country. I
congratulate the authors for the time and effort devoted to
compiling this very useful reference on the subject and the
publishers for publishing this volume. The methodologies of cost
functions, distance functions, and production fu- tions have been
used in many recent studies and in the studies reported in this
book for environmental valuation. Environmental valuation is
required for designing policy instruments like pollution taxes for
sustainable development and for meas- ing green GDP. The UN
methodology of integrated environmental and economic accounting
provides ways of measuring the cost of maintaining environmental
resources at sustainable levels or the maintenance cost for
estimating green GDP. Some of the chapters in this book show that
the methodology of distance functions could be used for estimating
the cost of environmentally sustainable development.
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