Regional Externalities

Editors: Heijman, Wim (Ed.)

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About this book

Wim Heijman Wageningen University, The Netherlands, E-mail: wim. heijman@wur. nl Generally speaking, externalities occur when a decision causes uncomp- sated costs or benefits to individuals or groups other than the person(s) making the decision. Examples of negative externalities are numerous in the area of the environment and natural resources. Some negative extern- ities result because a particular type of manufacturing technology is used (e. g. water and air pollution caused by industry). Other negative extern- ities occur because of the transportation system (e. g. air pollution caused by intensive car traffic). Though positive externalities draw less attention than negative externalities, their existence is obvious, for example, b- keepers who provide unpaid pollination services for nearby fruit growers or the positive network effects of a telephone system. The more people who own a telephone, the more useful the device is for each owner (Boardman et al. , 2001). From a social planner’s perspective, the existence of externalities - sults in an economic process outcome that is not socially optimal because marginal costs of the product involved do not equal its price. This implies that, in a well functioning market economy, negative externalities cause too much of a product to be produced, whereas positive externalities cause too little of a product to be produced.

Table of contents (3 chapters)

  • Spatial Dimension of Externalities and the Coase Theorem: Implications for Co-existence of Transgenic Crops

    Volker Beckmann, Justus Wesseler

    Pages 223-242

  • Macro Policies and Regional Impacts in Norway

    Steinar Johansen

    Pages 287-306

  • The Economics of Tree-planting for Carbon Mitigation: A Global Assessment

    Pablo C. Benítez, Ian McCallum, Michael Obersteiner, et al.

    Pages 307-321

Buy this book

eBook $129.00
price for USA (gross)
  • ISBN 978-3-540-35484-0
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $169.00
price for USA
  • ISBN 978-3-540-35483-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $169.00
price for USA
  • ISBN 978-3-642-07132-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Regional Externalities
Editors
  • Wim Heijman
Copyright
2007
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-35484-0
DOI
10.1007/978-3-540-35484-0
Hardcover ISBN
978-3-540-35483-3
Softcover ISBN
978-3-642-07132-4
Edition Number
1
Number of Pages
XIV, 342
Topics