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Economics of the Environment

Theory and Policy

  • Book
  • © 1995

Overview

Authors:
  1. Horst Siebert

    1. Kiel Institute of World Economics, Kiel, Germany

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Table of contents (17 chapters)

  1. Front Matter

    Pages I-XIV
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  2. Introduction

    1. Front Matter

      Pages 1-1
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    2. The Problem

      • Horst Siebert
      Pages 3-7

    3. Using the Environment — An Allocation Problem

      • Horst Siebert
      Pages 9-25

  3. Static Allocation Aspect

    1. Front Matter

      Pages 27-27
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    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

    5. Property-Rights Approach to the Environmental Problem

      • Horst Siebert
      Pages 97-104

  4. Environmental-Policy Instruments

    1. Front Matter

      Pages 105-105
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    2. Incidence of an Emission Tax

      • Horst Siebert
      Pages 107-122

    3. Policy Instruments

      • Horst Siebert
      Pages 123-148

    4. Policy Instruments and the Casuistics of Pollution

      • Horst Siebert
      Pages 149-158

    5. The Political Economy of Environmental Scarcity

      • Horst Siebert
      Pages 159-165

  5. Environmental Allocation in Space

    1. Front Matter

      Pages 167-167
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    2. Environmental Endowment, Competitiveness and Trade

      • Horst Siebert
      Pages 169-185

    3. Transfrontier Pollution

      • Horst Siebert
      Pages 187-198

    4. Global Environmental Media

      • Horst Siebert
      Pages 199-209

    5. Regional Aspects of Environmental Allocation

      • Horst Siebert
      Pages 211-230

  6. Environmental Allocation in Time and under Uncertainty

    1. Front Matter

      Pages 231-231
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Keywords

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

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