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Economics of the Environment

Theory and Policy

  • Horst Siebert

Table of contents

  1. Front Matter
    Pages I-XIV
  2. Introduction

    1. Front Matter
      Pages 1-1
    2. Horst Siebert
      Pages 3-6
  3. Static Allocation Aspect

    1. Front Matter
      Pages 25-25
    2. Horst Siebert
      Pages 27-41
    3. Horst Siebert
      Pages 43-57
    4. Horst Siebert
      Pages 59-93
  4. Environmental-Policy Instruments

    1. Front Matter
      Pages 103-103
    2. Horst Siebert
      Pages 105-123
    3. Horst Siebert
      Pages 125-150
  5. Environmental Allocation in Space

    1. Front Matter
      Pages 169-169
    2. Horst Siebert
      Pages 191-202
    3. Horst Siebert
      Pages 203-215
    4. Horst Siebert
      Pages 217-236
  6. Environmental Allocation in Time and under Uncertainty

    1. Front Matter
      Pages 237-237
    2. Horst Siebert
      Pages 239-254
    3. Horst Siebert
      Pages 271-283
  7. Back Matter
    Pages 285-313

About this book

Introduction

"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.

Keywords

allocation theory economic growth environment environmental allocation environmental economics environmental policy political economy pollution public goods sustainability

Authors and affiliations

  • Horst Siebert
    • 1
  1. 1.Kiel Institute of World EconomicsKielGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-662-11594-7
  • Copyright Information Springer-Verlag Berlin Heidelberg 1998
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-662-11596-1
  • Online ISBN 978-3-662-11594-7
  • Buy this book on publisher's site