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  • © 1995

Economics of the Environment

Theory and Policy

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Table of contents (17 chapters)

  1. Front Matter

    Pages I-XIV
  2. Introduction

    1. Front Matter

      Pages 1-1
    2. The Problem

      • Horst Siebert
      Pages 3-7
  3. Static Allocation Aspect

    1. Front Matter

      Pages 27-27
    2. Production Theory and Transformation Space

      • Horst Siebert
      Pages 29-43
    3. Optimal Environmental Use

      • Horst Siebert
      Pages 45-59
    4. Environmental Quality as a Public Good

      • Horst Siebert
      Pages 61-95
  4. Environmental-Policy Instruments

    1. Front Matter

      Pages 105-105
    2. Incidence of an Emission Tax

      • Horst Siebert
      Pages 107-122
    3. Policy Instruments

      • Horst Siebert
      Pages 123-148
  5. Environmental Allocation in Space

    1. Front Matter

      Pages 167-167
    2. Transfrontier Pollution

      • Horst Siebert
      Pages 187-198
    3. Global Environmental Media

      • Horst Siebert
      Pages 199-209
    4. Regional Aspects of Environmental Allocation

      • Horst Siebert
      Pages 211-230
  6. Environmental Allocation in Time and under Uncertainty

    1. Front Matter

      Pages 231-231

About this book

"The labor of nature is paid, not because she does much, but because she does little. In proportion as she becomes niggardly in her gifts, she exacts a greater price for her work. Where she is munificently benefi­ cent, she always works gratis." David Ricardo * This book interprets nature and the environment as a scarce resource. Whereas in the past people lived in a paradise of environmental superabundance, at pre­ sent environmental goods and services are no longer in ample supply. The envi­ ronment fulfills many functions for the economy: it serves as a public-con­ sumption good, as a provider of natural resources, and as receptacle of waste. These different functions compete with each other. Releasing more pollutants into the environment reduces environmental quality, and a better environmen­ tal quality implies that the environment's use as a receptacle of waste has to be restrained. Consequently, environmental disruption and environmental use are by nature allocation problems. This is the basic message of this book.

Authors and Affiliations

  • Kiel Institute of World Economics, Kiel, Germany

    Horst Siebert

Bibliographic Information

Buy it now

Buying options

eBook USD 74.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Other ways to access