Environmental economics for sustainable growth : a handbook for practitioners / Anil Markandya [and others].

Author
Published
  • Cheltenham, UK ; Northampton, MA : E. Elgar Pub. ©2002
Physical description
1 online resource (xxiv, 567 pages) : illustrations
ISBN
  • 1840648120
  • 9781840648126
  • 1840643064
  • 9781840643060
Notes
  • Includes bibliographical references and index.
  • Print version record.
Contents
  • List of figures
  • List of tables
  • List of boxes
  • Foreword
  • Acknowledgements
  • 1. Introduction and structure. p. 1
  • 1.1. Introduction. p. 3
  • 1.2. Objectives of the book. p. 4
  • 1.3. Description of the chapters. p. 7
  • Part I. Economy-Wide Policies and the Environment
  • 2. Sustainable development vision in a global context. p. 15
  • 2.1. earliest definition of sustainable development. p. 17
  • 2.2. Economic dimension of sustainable development. p. 18
  • 2.3. Environmental sustainability. p. 20
  • 2.4. Social sustainability. p. 23
  • 2.5. Measures of strong and weak sustainability. p. 25
  • 2.6. Sustainable development vision in a political context. p. 31
  • 2.7. Integrating environment and development. p. 34
  • 2.8. Strategies and political economy. p. 37
  • 3. Macroeconomic policies and the environment. p. 41
  • 3.1. Introduction. p. 43
  • 3.2. Macroeconomic policies and the environment. p. 44
  • 3.3. Tools and methods of macroeconomic analysis. p. 57
  • 3.4. Conclusions. p. 68
  • 3A1. Case study 1: Structural adjustment and sustainable development in Zambia: a study of the impact of macroeconomic policies on the environment. p. 74
  • 3A2. Case study 2: A general equilibrium model of the Botswana economy, including the livestock sector. p. 93
  • 3A3. Case study 3: System of national accounts and the environment. p. 103
  • 4. Sectoral policies and the environment. p. 109
  • 4.1. Introduction. p. 111
  • 4.2. Partial or sectoral market equilibrium. p. 111
  • 4.3. Consumer and producer surplus. p. 113
  • 4.4. Market failures. p. 116
  • 4.5. Policy and institutional failures. p. 120
  • 4.6. Shadow pricing. p. 122
  • 4.7. Environmental management principles. p. 123
  • 4.8. Conclusions. p. 127
  • 4A1. Case study 1: Economic analysis of the beef protocol in Botswana. p. 129
  • 4A2. Case study 2: GAP analysis: forestry sector. p. 135
  • 4A3. Case study 3: Land use and sectoral policies. p. 142
  • 4A4. Case study 4: Energy and industry sectors. p. 145
  • 5. Policies, instruments and the environment. p. 165
  • 5.1. Introduction. p. 167
  • 5.2. Analytical tools. p. 167
  • 5.3. Optimality of private decisions. p. 170
  • 5.4. Environmental instruments. p. 177
  • 5.5. Instruments in practice. p. 197
  • 5.6. Lessons and conclusions to the chapter. p. 211
  • 5.7. Problem set. p. 214
  • 5.8. Solution to problem set. p. 215
  • 6. Laws, regulations and institutions. p. 219
  • 6.1. Introduction. p. 221
  • 6.2. Legal system for environmental protection. p. 221
  • 6.3. International legal instruments. p. 222
  • 6.4. Environmental laws. p. 222
  • 6.5. Environmental institutions. p. 231
  • 6.6. Conclusions. p. 235
  • 6A1. List of multilateral treaties and other agreements in the field of the environment. p. 238
  • 6A2. Discussion notes to check-list. p. 242
  • 7. National environmental strategies. p. 247
  • 7.1. Introduction. p. 249
  • 7.2. Past experience. p. 249
  • 7.3. Identifying and prioritizing problems. p. 254
  • 7.4. Defining priorities for action: diagnosing causes. p. 257
  • 7.5. Defining priorities for action: finding solutions. p. 259
  • 7.6. Plan implementation. p. 260
  • 7.7. Conclusions. p. 264
  • 7A1. Questions for discussion. p. 268
  • 8. Economy-wide policies and the valuation of environmental impacts. p. 269
  • 8.1. Introduction. p. 271
  • 8.2. project cycle and environmental assessment. p. 272
  • 8.3. Appraisal of a project with environmental impacts. p. 272
  • 8.4. Step 1: EA and the with--without analysis. p. 275
  • 8.5. Step 2: financial and economic appraisal. p. 276
  • 8.6. Step 3: shadow pricing for market failures. p. 278
  • 8.7. Step 4: discount rate and comparison of costs and benefits. p. 278
  • 8.8. Step 5: decision-making with participation. p. 286
  • 8.9. Conclusion. p. 286
  • Part II. Environmental Valuation Methods for Policies and Projects
  • 9. Economic principles and overview of valuation methods. p. 291
  • 9.1. Introduction. p. 293
  • 9.2. Total economic value of an environmental asset. p. 293
  • 9.3. Basic concepts of valuation methods. p. 296
  • 9.4. Overview of valuation methods. p. 308
  • 9A1. Economics underlying valuation methods. p. 320
  • 10. Revealed preference: direct proxy methods. p. 331
  • 10.1. Introduction. p. 333
  • 10.2. Productivity change method (PCM). p. 336
  • 10.3. Substitute cost method (SCM). p. 339
  • 10A1. Case study 1: a numerical example of PCM. p. 344
  • 10A2. Case study 2: a numerical example of SCM. p. 353
  • 10A3. Technical substitutability of inputs and factors. p. 360
  • 11. Revealed preference: indirect proxy methods. p. 363
  • 11.1. Travel cost method. p. 365
  • 11.2. Hedonic price method (HPM): the conceptual framework. p. 371
  • 11A1. Exercise 1: Zonal travel cost method (ZTCM): a numerical example. p. 379
  • 11A2. Exercise 2: Individual travel cost method (ITCM): a numerical example. p. 389
  • 11A3. Exercise 3: Hedonic price method (HPM): a numerical example. p. 403
  • 11A4. linear model for ITCM demand functions. p. 416
  • 11A5. Mathematical functions for HPM. p. 418
  • 12. Stated preference: contingent valuation methods. p. 421
  • 12.1. Contingent valuation method: the conceptual framework. p. 423
  • 12.2. CVM methodology. p. 428
  • 12A1. Contingent valuation method: bidding game (CVMBG): numerical examples. p. 436
  • 12A2. Contingent valuation method: dichotomous choice (CVMD). p. 452
  • 12A3. Dichotomous CVM using the logit model: a numerical example. p. 465
  • 12A4. Dichotomous and polichotomous logit models. p. 484
  • 12A5. Mean and median maximum WTP in the linear utility difference model. p. 486
  • 13. Use of monetary values of environmental and natural resources for benefit--cost analysis: an application to a soil moisture conservation project in Tunisia. p. 489
  • 13.1. Background. p. 491
  • 13.2. Methodology. p. 493
  • 13.3. Exercise: case study of the BCA for the Tunisia soil moisture conservation project. p. 496
  • 13.4. Solution set. p. 501
  • 13.5. Discussion. p. 513
  • 14. Use of monetary values of environmental and natural resources in the framework of national accounts: an application to Costa Rica. p. 515
  • 14.1. Theoretical background. p. 517
  • 14.2. Methodology. p. 518
  • 14.3. Exercise: Case study of environmental accounts for Costa Rica. p. 521
  • 15. Valuing health impacts: a case study of air pollution in New Delhi, India. p. 533
  • 15.1. Introduction. p. 535
  • 15.2. Conceptual framework. p. 535
  • 15.3. Case study: Valuing Health impacts in Delhi. p. 545
  • Index. p. 557
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Genre
  • Bibliography
  • Handbook
  • Handbooks and manuals.
  • Illustrated
  • text
Language
  • English

Summary

  • This volume comprehensively describes the environment-economy link at both the macro and micro level.

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