Valuing Nature with Travel Cost Models

Author: Frank A. Ward
Publisher: Edward Elgar Publishing
ISBN:
Format: PDF, Docs
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'Travel cost recreation demand modelling has come "of age" thanks to Ward and Beal. Their book provides ready access to this method and highlights emerging research issues. By helping us to understand the intricate nuances of the travel cost methodology for valuing non-market amenities, they have "created" a valuable resource for practitioner and student alike. There is no doubt that it will have a lasting effect on the literature.' - V. Kerry Smith, North Carolina State University, US 'This book is the A to Z of the travel cost method. It is all that you will ever need to know to set up a successful travel cost model, complete it, and interpret its results for policy or resource pricing. An authoritative source on all aspects of travel cost models, from economic theory to sampling design and statistical analysis, it is an invaluable guide to all those contemplating using this method. the manual allows you to navigate through the complexities of travel cost analysis with ease; and provides new perspectives and ideas that even established travel cost researchers may not have encountered.' - Kenneth G. Willis, University of Newcastle upon Tyne, UK Increasingly, natural environments are being irreversibly changed by our activities, and potential human uses of natural resources are often incompatible with environmental protection goals. Travel cost models supply economic information to estimate values in environmental decision-making that otherwise are not available. In the absence of this information, non-market benefits are likely to be ignored in the decision-making process.

Environmental Valuation in South Asia

Author: A. K. Enamul Haque
Publisher: Cambridge University Press
ISBN: 1139504789
Format: PDF, ePub, Docs
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This book is about understanding the value of environmental services in South Asia. It provides an overview of different environmental problems in South Asia and examines how economic valuation techniques can be used to assess these problems. It brings together multiple case studies on valuation undertaken by economists and environmental scientists from Bangladesh, India, Pakistan, Nepal and Sri Lanka under the aegis of the South Asian Network for Development and Environmental Economics (SANDEE). The book addresses the challenges of valuing environmental changes that are unique to developing countries. Each chapter starts with a description of an environmental problem and the valuation strategy used, followed by a discussion of estimation methods and results. It is designed to serve as a reference book for students, teachers, researchers, non-government organizations and practitioners of environmental valuation. Those interested in development and environmental economics, and natural resource management policies, will also find it useful.

Institutions Transaction Costs and Environmental Policy

Author: Ray Challen
Publisher: Edward Elgar Publishing
ISBN: 9781781956427
Format: PDF
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'This is an excellent piece of work, applying the economic theory of property rights and transaction costs to the complex policy problems associated with water use in irrigation. Challen examines the determination of transaction costs and the way they interact with a realistic specification of property rights. He thereby avoids the two main defects found in much work in this area: first, the use of a simplistic division of property rights schemes, for example one based on polar categories of private property and common property, defined to mean open access, and second, a tendency to use the category of transaction costs as an unexamined "black box".' - John Quiggin, James Cook University, Australia 'A most encouraging trend in economics concerns the careful and non-teleological study of institutions. From an era in which institutions were completely ignored, through an era in which it was thought that institutions were mere constraints on otherwise beneficent behavior in markets, through an era in which it was thought that the purpose of institutions was to promote economic efficiency, we now seem to be firmly in an era in which it is understood that institutions are the very bedrock of economic and social interaction. The analysis of institutions will fall into incoherence if we insist on seeing them as teleological rather than as instrumental. Once there, we must still understand the purposes that different individuals and collectivities ascribe to particular institutional set ups. In this careful book Ray Challen offers clear conceptual guidance to the study of economic institutions. He also shows us how one can undertake the analysis of institutional choice. The problem setting is water resources in eastern Australia. The lessons are profoundly international, and the approach is refreshingly promising.' - Daniel W. Bromley, University of Wisconsin-Madison, US Conventional economic analysis of property rights in natural resources is too narrow and restrictive to allow for effective comparisons between alternative institutional structures. In this book, a conceptual framework is developed for the analysis of these structures with illustrative application to the allocation of water resources.

Estimating economic values for nature

Author: Vincent Kerry Smith
Publisher: Edward Elgar Publishing
ISBN:
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'The book, while demonstrating the evolution in theoretical thinking produced by a major contributor to the literature, also establishes the state-of-the-art for practitioners and scholars of non-market valuation generally. In this setting, this compilation is highly recommended as a valuable new reference book.' - Andrew K. Dragun, The Economic Journal '...this volume represents an important collection for final-year undergraduate and postgraduate students specializing in environmental economics. Its value is to be found not only in the "content" of the papers included, but also through the insights it provides on the way that research in a relatively new area of economics is developing and the important role that particular individuals can play in such circumstances.' - J.M. Tomkins, The Manchester School Estimating Economic Values for Nature presents, in one volume, a collection of V. Kerry Smith's papers prepared over 25 years, dealing with the theory and practice of non-market valuation for environmental resources. Taken together, the papers explore the conceptual basis, the implementation process and empirical performance of all available methods of measuring economic values for the services of nature and how these values are constructed from people's choices. The issues discussed in this volume include travel cost, recreation demand, averting behaviour, household production, hedonic property value, hedonic wage and contingent valuation methods. These essays describe what has been learned from past benefit analysis, using meta-analysis, as well as the issues at the frontiers of current research in the area. This important volume will be welcomed by environmental and public economists, as well as practitioners of cost-benefit analysis, as an authoritative and comprehensive discussion of non-market valuation.

Controlling Air Pollution in China

Author: Therese Feng
Publisher: Edward Elgar Pub
ISBN:
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Rapid economic growth in China has been fueled by, and continues to stimulate, a huge demand for power, posing significant challenges to local, regional and international atmospheric environments. This timely book assesses this environmental risk and considers the efficient design of environmental policy in the development of new coal-fired plants in China.

Trade Liberalisation Economic Growth and the Environment

Author: Matthew A. Cole
Publisher: Edward Elgar Publishing
ISBN:
Format: PDF, ePub, Docs
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'As the recent controversy over the Seattle meeting of the WTO has shown, the issue of how trade liberalisation affects the environment remains highly contested and this book is therefore very timely. It provides an up-to-date summary of the debate over the links between trade and the environment and between economic growth and the environment, together with an excellent account of the post-war developments in international policy dealing with trade and environmental issues. Matthew Cole also provides an insightful empirical analysis of the links between growth and the environment, using a more extensive data set than earlier studies, and uses this analysis to assess the impact on the environment of the Uruguay Round of trade liberalisation. Drawing on this analysis he makes a number of proposals for how international agencies might better resolve disputes between trade liberalisation and environmental protection, addressing the issues currently on the agenda of the WTO. Written in a clear and non-technical style the book will be of benefit to policymakers and students wishing to understand the issues behind the current controversy.' - Alistair Ulph, University of Southampton, UK 'This timely book advances the debate about the impact of trade liberalisation on the environment in a balanced way. Cole pays particular attention to institutional settings (especially GATT and WTO), outlines divergent views about the relationship between trade and the environment and their historical evolution, empirically tests and reports on pertinent hypotheses, and draws major global policy conclusions. This book can be considered essential reading given ongoing processes of economic globalisation, attempts to accelerate these via the Washington Consensus, and the continuing development of WTO. It will become an integral part of contemporary debate about the relationship between trade liberalisation and the state of the environment.' - Clem Tisdell, University of Queensland, Australia This book analyses and quantifies the environmental impact of two closely related phenomena: economic growth and trade liberalisation. Previous work in this area tends to address only the impact of trade or economic growth on the environment, yet, as Matthew Cole shows, the two are inextricably linked. A theoretical and historical background to the relationship between economic growth and the environment, coupled with the environmental impact of international trade, particularly as it has been applied through the GATT/WTO, provides the contextual framework for a detailed empirical analysis. In examining the environmental effects of economic growth and international trade, use is made of Environmental Kuznets Curves (EKCs) and improvements to traditional EKC methodology are suggested. Global policy implications are discussed and conclusions drawn. An essential supplementary text for any undergraduate or postgraduate studying environmental economics, this book should appeal to researchers and policymakers in the field of international economic development as well as anyone with an interest in the global environment.

The Political Economy of Environmental Taxes

Author: Nicolas Wallart
Publisher: Edward Elgar Publishing
ISBN:
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Environmental taxes are considered one of the most attractive environmental policy instruments. However, many problems still prevent their widespread implementation. This impressive book offers a comprehensive, global and innovative treatment of the environmental tax issue. the author provides detailed economic analysis as well as practical policy suggestions and presenting numerous examples that have been successful in addressing complex issues as well as considering questions.

Trade and the Environment

Author: Alistair Ulph
Publisher: Edward Elgar Pub
ISBN:
Format: PDF, ePub, Mobi
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Alistair Ulph has made a major contribution to the literature on trade-environment issues. This impressive book gathers together a selection of his most influential papers covering the last eight years, paying special attention to strategic environmental policy and its implications.