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The Economics of Sustainable Development

The Case of India

  • Book
  • © 2009

Overview

Authors:
  1. Shunsuke Managi
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    You can also search for this author in PubMed   Google Scholar

  2. Surender Kumar
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    You can also search for this author in PubMed   Google Scholar

  • Provides the first comprehensive analysis of pollution, resource and efficiency using economic methods in India
  • Will serve a reference guide on the environmental regulation in India and on various energy, natural resource, and environmental issues affecting the country
  • Includes detailed policy scenarios, which provide quantitative assessments of potential benefits that indicate the significance of potential benefits of technological change and well-designed environmental policy
  • Helps understand how successful market and environmental policies can contribute to efficiency by encouraging, rather than inhibiting, technological innovation
  • Includes supplementary material: sn.pub/extras

Part of the book series: Natural Resource Management and Policy (NRMP, volume 32)

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Table of contents (15 chapters)

  1. Front Matter

    Pages i-xiv
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  2. Macroeconomic Development and the Environment

    1. Front Matter

      Pages 9-9
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    2. Introduction

      • Surender Kumar, Shunsuke Managi
      Pages 1-7

    3. Economic Development and Environment

      • Surender Kumar, Shunsuke Managi
      Pages 11-35

    4. Environmental Regulations and Compliance in India

      • Surender Kumar, Shunsuke Managi
      Pages 37-63

    5. Intergovernmental Fiscal Transfers and the Environment

      • Surender Kumar, Shunsuke Managi
      Pages 65-81

  3. Industrial Development and Benefits and Costs of the Environmental Regulations

    1. Front Matter

      Pages 83-83
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    2. Total Factor Productivity of Indian Industry

      • Surender Kumar, Shunsuke Managi
      Pages 85-105

    3. Valuing the Benefits of Air Pollution Abatement

      • Surender Kumar, Shunsuke Managi
      Pages 107-125

    4. Environmental Regulation and Production Efficiency

      • Surender Kumar, Shunsuke Managi
      Pages 127-137

    5. Cost of Environmentally Sustainable Industrial Development

      • Surender Kumar, Shunsuke Managi
      Pages 139-156

    6. Win–Win Opportunities and Environmental Regulation: Test of the Porter Hypothesis

      • Surender Kumar, Shunsuke Managi
      Pages 157-166

    7. Industrial Water Demand and Shadow Price

      • Surender Kumar, Shunsuke Managi
      Pages 167-181

  4. Environmental Productivity, Oil Prices and Induced Innovations

    1. Front Matter

      Pages 183-183
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    2. Environmental Productivity and Kuznets Curve

      • Surender Kumar, Shunsuke Managi
      Pages 185-201

    3. A Global Analysis of Environmentally Sensitive Productivity Growth

      • Surender Kumar, Shunsuke Managi
      Pages 203-219

    4. Macroeconomic Effects of Oil Price Shocks

      • Surender Kumar, Shunsuke Managi
      Pages 221-243

    5. Energy Prices and Induced Technological Progress

      • Surender Kumar, Shunsuke Managi
      Pages 245-263

    6. The Road Ahead

      • Surender Kumar, Shunsuke Managi
      Pages 265-274

  5. Back Matter

    Pages 275-297
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Keywords

About this book

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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