The topics discussed in the Handbook on the Economics of Natural Resources are essential for those looking to understand how best to use and conserve the resources that form the foundation for human well-being. The expert contributors to this Handbook provide insightful solutions to many of the problems that growing populations now face. Organized into four fundamental parts, this book sketches the likely developments in the field of natural resource economics and paves the way for new thinking in the areas of: - nonrenewable resources - modeling of biological resources - conservation of biological resources - water resources. A key source of the most important research in the field, this important book will be of interest to graduate students, instructors and scholars in natural resource economics. Contributors: H.J. Albers, G.S. Amacher, R.M. Auty, E.B. Barbier, O. Bayasgalan, A. Bhaduri, R. Boadway, E.C. Edwards, E.P. Fenichel, G. Gaudet, S. Gopalakrishnan, R.Q. Grafton, R. Griffin, R. Halvorsen, J.M. Hartwick, M. Herrmann, D. Holland, M. Keen, Y. Kuwayama, P. Lasserre, R. Laxminarayan, D.F. Layton, G.D.Libecap, J. Livernois, S.C. Newbold, S. Olmstead, E.J.Z. Robinson, S.W. Salant, J. Siikamaki, H. Thille, S. Wheeler

The economics of nonrenewable resources addresses some of the most problematic issues concerning the sustainability of the world economy. This comprehensive research review discusses some of the most important and influential journal articles by some of the leading scholars in the field. Subjects discussed include: an introduction to the economics of nonrenewable resources; theoretical foundations for the field; nonhomogeneous resources; exploration and uncertainty; market structure; taxation and global climate change. The research review concludes with a discussion of the empirical research and the extent to which nonrenewable resources constrain economic growth as well as the consistency of the theoretical predictions of Hotelling-type models with actual economic outcomes.

The topics discussed in the Handbook on the Economics of Natural Resources are essential for those looking to understand how best to use and conserve the resources that form the foundation for human well-being. The expert contributors to this Handbook provide insightful solutions to many of the problems that growing populations now face. Organized into four fundamental parts, this book sketches the likely developments in the field of natural resource economics and paves the way for new thinking in the areas of: - nonrenewable resources - modeling of biological resources - conservation of biological resources - water resources. A key source of the most important research in the field, this important book will be of interest to graduate students, instructors and scholars in natural resource economics. Contributors: H.J. Albers, G.S. Amacher, R.M. Auty, E.B. Barbier, O. Bayasgalan, A. Bhaduri, R. Boadway, E.C. Edwards, E.P. Fenichel, G. Gaudet, S. Gopalakrishnan, R.Q. Grafton, R. Griffin, R. Halvorsen, J.M. Hartwick, M. Herrmann, D. Holland, M. Keen, Y. Kuwayama, P. Lasserre, R. Laxminarayan, D.F. Layton, G.D.Libecap, J. Livernois, S.C. Newbold, S. Olmstead, E.J.Z. Robinson, S.W. Salant, J. Siikamaki, H. Thille, S. Wheeler

Gardner M. Brown, Jr. has been a leading innovator in the development of environmental and natural resource economics. This book comprises essays written in his honor by some of the most distinguished economists working in this field. The principal themes addressed include fundamental theoretical and empirical issues in the valuation of environmental and natural resources; the relationships between economic growth, natural resources and environmental quality; re-evaluation of some standard results in the dynamic modeling of renewable and non-renewable resources; the protection and management of biological resources; and the economics of antibiotic resistance. The original papers within this book will be of great interest to academics and practitioners in the field of environmental and natural resource economics.