Skip to main content

Part of the book series: Environment, Science and Society ((ENSS,volume 2))

Abstract

The main contention of this paper is that components of the natural patrimony that can be used as a final product by consumers frequently act as a production factor in the economic activity.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Adams, R. M. (1986) Agriculture, forestry, and related benefits of air pollution control: A review and some observations, American Journal of Agricultural Economics, 464–472.

    Google Scholar 

  • Adams, R. M., Callaway, J. M., and McCarl, B. A. (1986a) Pollution, agriculture and social welfare: The case of acid deposition, American Journal of Agricultural Ecnomics, 3–19.

    Google Scholar 

  • Adams, R. M. and Crocker, T. D. (1982) Dose–response information and environmental damage assessments: An economic perspective, Journal of the Air Pollution Control Association 32(10), 10–62–1067.

    Google Scholar 

  • Adams, R. M. and Crocker, T. D. (1989) The agricultural economics of environmental change: Some lessons from air pollution, Journal of Environmental Management 28, 295–307.

    Google Scholar 

  • Adams, R. M. and Crocker, T. D. (1991) Materials damages, in J. B. Braden and C. D. Kolstad (eds.), Measuring the Demand for Environmental Quality, Elsevier Science Publishers (North-Holland), Amsterdam

    Google Scholar 

  • Adams, R. M., Crocker, T. D. and Thanavilbuchai, N. (1982) An economic assessment of air pollution damages to selected annual crops in Southern California, Journal of Environmental Economics and Management 9, 42–58.

    Article  Google Scholar 

  • Adams, R. M., Hamilton, S. A., and McCarl, B. A. (1985) An assessment of the economic effects of ozone on US agriculture, Journal of the Air Pollution Control Association 35 (9), 938–943.

    Article  Google Scholar 

  • Adams, R. M., Hamilton, S. A., and McCarl, B. A. (1986b), The benefits of pollution control: The case of ozone and US agriculture, American Journal of Agricultural Economics, 886–893.

    Google Scholar 

  • Adams, R. M. and McCarl, B. A. (1985) Assessing the benefits of alternative ozone standards on agriculture: The role of response information, Journal of Environmental Economics and Management 12, 264–276.

    Article  Google Scholar 

  • Baumol, W. J. and Oates, W. E. (1975) The Theory of Environmental Policy, Prentice Hall, Englewood Cliffs, New Jersey.

    Google Scholar 

  • Benedict, H. M., Miller, J. C., and Smith, J. S. (1973) Assessment of Economic Impact of Air Pollutants on Vegetation in the United States, Stanford Research Institute, California.

    Google Scholar 

  • Bergman, L. (1990) Energy and Environmental Constraints on Growth: A CGE modelling approach, Journal of Policy Modelling 12 (4), 671–691.

    Article  Google Scholar 

  • Bernardo, D. J., Whittlesey, N. K., Saxton, K. E., and Bassett, D. L. (1987) An irrigation model for management of limited water supplies, Western Journal of Agricultural Economics 12 (2), 164–173.

    Google Scholar 

  • Braden, J. B. and Kolstad, C. D. (eds.) (1991) Measuring the Demand for Environmental Quality, Elsevier Science Publishers (North-Holland), Amsterdam

    Google Scholar 

  • Brown, D. and Smith, M. (1984) Crop substitution in the estimation of economic benefits due to ozone reduction, Journal of Environmental Economics and Management 11, 347–362.

    Article  Google Scholar 

  • Brown, R. (1976) A study of the impact of the Wetlands Easement Program on agricultural land values, Land Economics 52 (4), 509–517.

    Article  Google Scholar 

  • Burniaux, J. M., Martin, J. P., Nicoletti, G., and Oliveira Martins, J. (1992) Green A Multisector, Multiregion General Equilibrium Model for Quantifying the Costs of Curbing CO2 Emissions: A Technical Manual, OCDE, Paris.

    Book  Google Scholar 

  • Carlton, D. W. (1979) Valuing market benefits and costs in related output and input markets, The American Economic Review 69 (4), 688–696.

    Google Scholar 

  • Chavas, J. P. and Collins, G. S. (1982) Welfare measures from technological distortions in general equilibrium, Southern Economic Journal, 745–753.

    Google Scholar 

  • Cline, W. R. (1992) Global Warming: The Economic Stakes, Institute for International Economics, Washington D.C.

    Google Scholar 

  • Conlon, J. R. (1990) Profit, supply, and factor demand functions: Comments, American Journal of Agricultural Economics, 488–492.

    Google Scholar 

  • Crocker, T. D. and Cummings, R. G. (1985) On valuing acid deposition-induced material damages: A methodological enquiry, in D. D. Adams and P. P. Walter (eds.), Acid Deposition, Plenum Press, New York.

    Google Scholar 

  • Diewert, W. E. (1986) The Measurement of the Economic Benefits of Infrastructure Services,Springer-Verlag, Berlin. bibitem Dixon, B. L., Garcia, P., and Mjelde, J. W. (1985) Primal versus dual methods for measuring the impact of ozone on cash grain farmers, American Journal of Agricultural Economics, 402–406.

    Google Scholar 

  • Ellis, G. M. and Fisher, A. C. (1987) Valuing the environment as input, Journal of Environmental Management 25, 149–156.

    Google Scholar 

  • Ervin, D. E. and Mill, J. W. (1985) Agricultural land markets and soil erosion: Policy relevance and conceptual issues, American Journal of Agricultural Economics, 938–942.

    Google Scholar 

  • Freeman III, A. M. (1975) Spatial equilibrium, the theory of rents, and the measurement of benefits from public programs: A comment, Quarterly Journal of Economics, 470–473.

    Google Scholar 

  • Freeman III, A. M. (1979) The Benefits of Environmental Improvement. Theory and Practice, The Johns Hopkins University Press, Baltimore.

    Google Scholar 

  • Freeman III, A. M. (1985) Methods for Assessing the benefits of environmental programs, in A. V. Kneese and J. L. Sweeney (eds.), Handbook of Natural Resource and Energy Economics, Vol. 1, Elsevier Science Publishers, Amsterdam.

    Google Scholar 

  • Freeman III, A. M. (1989) Valuing Environmental Resources under Alternative Management Regimes, RfF, Washington.

    Google Scholar 

  • Freeman III, A. M. and Harrington, W. (1989) Measuring welfare values of productivity changes, Southern Economic Journal 56, 892–904.

    Google Scholar 

  • Garcia, P., Dixon, B. L., Mjelde, J. W., and Adams, R. M. (1986) Measuring the benefits of environmental change using a duality approach: The case of ozone and Illinois cash grainfarms, Journal of Environmental Economics and Management 13, 69–80.

    Article  Google Scholar 

  • Gardner, K. and Barrows, R. (1985) The impact of soil conservation investments on land prices, American Journal of Agricultural Economics, 943–947.

    Google Scholar 

  • Harberger, A. C. (1971) Three basic postulates for applied welfare economics: An interpretive essay, Journal of Economic Literature, 785–797.

    Google Scholar 

  • Hazilla, M. and Kopp, R. J. (1990) Social cost of environmental quality regulations: A general equilibrium analysis, Journal of Political Economy 98 (4), 853–873.

    Article  Google Scholar 

  • Heady E. O. (1952) The Economics of Agricultural Production and Resource Use, Iowa State University Press, Ames, Iowa.

    Google Scholar 

  • Holmes, T. P. (1988) The offsite impact of soil erosion on the water treatment industry, Land Economics 64 (4), 356–366.

    Article  Google Scholar 

  • Howitt, R. E., Gossard, T. W., and Adams, R. M. (1984) Effects of alternative ozone concentration and response data on economic assessments: The case of California crops, Journal of the Air Pollution Control Association 34, 1122–1127.

    Article  Google Scholar 

  • Just, R. E. (1988) Making economic welfare analysis useful in the policy process: Implications of the public choice literature, American Journal of Agricultural Economics, 448–453.

    Google Scholar 

  • Just, R. E. and Hueth, D. L. (1979) Welfare measures in a multimarket framework, The American Economic Review, 947–954.

    Google Scholar 

  • Just, R. E., Hueth, D. L., and Schmitz, A. (1982) Applied Welfare Economics and Public Policy, Prentice Hall, Englewood Cliffs, New Jersey.

    Google Scholar 

  • Just, R. E., Zilberman, D., Hochman, E., and Bar-Shira, Z. (1990) Input allocation in multicrop systems, American Journal of Agricultural Economics, 200–209.

    Google Scholar 

  • Kokoski, M. F. and Smith, V. K. (1987) A general equilibrium analysis of partial equilibrium welfare measures: The case of climate change, American Economic Review, 331–341.

    Google Scholar 

  • Kopp, R. J., Vaughan, W. J., Hazilla, M., and Carson, R. (1985) Implications of Environmental Policy for US agriculture: The case of ambient ozone standards, Journal of Environmental Management 20, 321–331.

    Google Scholar 

  • Larson, D. M. (1988) Exact welfare measurement for producers under uncertainty, American Journal of Agricultural Economics, 597–603.

    Google Scholar 

  • Lau, L. J. and Yotopoulos, P. A. (1972) Profit, supply, and factor demand functions, American Journal of Agricultural Economics, 11–18.

    Google Scholar 

  • Lesourne, J. (1972) Le calcul économique, Dunod, Paris.

    Google Scholar 

  • Leung, S. K., Reed, W., and Geng, S. (1982) Estimation of ozone damage to selected crops grown in Southern California, Journal of the Air Pollution Control Association 32 (2), 160–164.

    Article  Google Scholar 

  • Lichtenberg, E., Parker, D. D., Zilberman, D. (1988) Marginal analysis of welfare costs of environmental policies: The case of pesticide regulation, American Journal of Agricultural Economics, 867–874.

    Google Scholar 

  • Lichtenberg, E. and Zilberman, D. (1986) The welfare economics of price supports in U.S. agriculture, The American Economic Review, 1135–1141.

    Google Scholar 

  • Lynne, G. D. (1988) Allocatable fixed inputs and jointness in agricultural production: Implications for economic modeling: Comment, American Journal of Agricultural Economics, 947–949.

    Google Scholar 

  • Mäler, K. G. and Wyzga, R. E. (1976). Economic Measurement of Economic Damage, OCDE, Paris.

    Google Scholar 

  • Madariaga, B. (1988) Ambient air quality standards for U.S. agriculture: The correct welfare measure revisited, Journal of Environmental Management 27, 421–427.

    Google Scholar 

  • Miranowski, J. A. and Hammes, B. D. (1984) Implicit prices of soil characteristics for farmland in Iowa, American Journal of Agricultural Economics, 745–749.

    Google Scholar 

  • Mishan, E. J. (1959) Communications rent as a measure of welfare change, The American Economic Review, 386–394.

    Google Scholar 

  • Mishan, E. J. (1968) What is Producer’s Surplus?, The American Economic Review, 1269–1282.

    Google Scholar 

  • Mjelde, J. W., Adams, R. M., Dixon, B. L., and Garcia, P. (1984) Using farmers’ actions to measure crop loss due to air pollution, Journal of the Air Pollution Control Association 31 (4), 360–364.

    Article  Google Scholar 

  • Moskowitz, P. D., Coveney, E. A., Medeiros, W. H., and Morris, S. C. (1982) Oxidant Air Pollution: A model for estimating effects on US vegetation, Journal of the Air Pollution Control Association 32 (2), 155–160.

    Article  Google Scholar 

  • McCarl, B. A. and Spreen, T. H. (1980) Price endogenous mathematical programming as a tool for sector analysis, American Journal of Agricultural Economics, 87–102.

    Google Scholar 

  • McConnell, K. E. (1983) An economic model of soil conservation, American Journal of Agricultural Economics, 83–89.

    Google Scholar 

  • McFadden, D. (1978) Duality of production, costs, and profit functions, in M. Fuss and D. McFadden (eds.), Production Economics: A Dual Approach to Theory and Applications, North-Holland, Amsterdam.

    Google Scholar 

  • McGarland, A. M. (1987) The implications of ambient ozone standards for US agriculture: A comment and some further evidence, Journal of Environmental Economics and Management 24, 139–146.

    Google Scholar 

  • Nerlove, M. (1955) Estimates of the elasticities of supply of selected agricultural commodities, American Journal of Agricultural Economics, 496–509.

    Google Scholar 

  • Osteen, C. and Seitz, W. D. (1978) Regional economic impacts of policies to control erosion and sedimentation in Illinois and other corn belt states, American Journal of Agricultural Economics, 510–517.

    Google Scholar 

  • Oyarzabal, F. and Young, R. A. (1978) International external diseconomies: The Colorado salinity problem in Mexico, Natural Resource Journal 18 (1), 77–89.

    Google Scholar 

  • Page, W. P. (1985) The agricultural sector, airborne residuals and potential economic losses, in D. D. Adams and P. P. Walter (eds.), Acid Deposition, Plenum Press, New York.

    Google Scholar 

  • Page, W. P., Arbogast, G., Fabian, R. G., and Ciecka, J. (1982) Estimation of economic losses to the agricultural sector from airborne residuals in the Ohio River Basin region, Journal of the Air Pollution Control Association 32 (2), 151–154.

    Article  Google Scholar 

  • Palmquist, R. B. (1989) Land as a differentiated factor of production: A hedonic model and its implications for welfare measurement, Land Economics 65 (1), 23–28.

    Article  Google Scholar 

  • Palmquist R. B. (1991) Hedonic methods, in J. B. Braden and C. D. Kolstad (eds.), Measuring the Demand for Environmental Quality, Elsevier Science Publishers (North-Holland), Amsterdam.

    Google Scholar 

  • Palmquist, R. B. and Danielson, L. E. (1989) A hedonic study of the effect of erosion control and drainage on farmland values, American Journal of Agricultural Economics, 55–62.

    Google Scholar 

  • Pearce, D. and Markandya, A. (1989) Environmental Policy Benefits: Monetary Valuation, OCDE, Paris.

    Google Scholar 

  • Phillips, T. P. and Forster, B. A. (1987) Economic impacts on acid rain on forest, aquatic, and agricultural ecosystems in Canada, American Journal of Agricultural Economics, 963–969.

    Google Scholar 

  • Point, P. (1991) A Method for Determining the Economic Value of Water for Irrigation: The Shadow Price of Substitution, CEDE, LARE, Université Bordeaux I, Pessac.

    Google Scholar 

  • Pope, R., Chavas, J. P., and Just, R. (1983) Economic welfare evaluations for producers under uncertainty, American Journal of Agricultural Economics, 98–107.

    Google Scholar 

  • Rosen, S. (1974) Hedonic prices and implicit markets: Product differentiation in pure competition, Journal of Political Economy 82, 34–55.

    Article  Google Scholar 

  • Rowe, R. D. and Chesinut, L. G. (1985) Economic assessment of the effects of air pollution on agricultural crops in the San Joaquin Valley, Journal of the Air Pollution Control Association, 35 (7), 728–734.

    Article  Google Scholar 

  • Samuelson, P. A. (1952) Spatial price equilibrium and linear programming, American Economic Review 42, 283–303.

    Google Scholar 

  • Seitz, W. D., Taylor, C. R., Spitze, R. G. F., Osteen, C., and Nelson, M. C. (1979) Economic impacts of soil erosion control, Land Economics, 55 (1), 28–42.

    Article  Google Scholar 

  • Takayama, T. and Judge, G. G. (1971) Spatial and Temporal Price and Allocation Models, Elsevier Science Publishers ( North-Holland ), Amsterdam

    Google Scholar 

  • Taylor, C. R. and Frohberg, K. K. (1977) The welfare effects of erosion controls, banning pesticides, and limiting fertilizer application in the corn belt, American Journal of Agricultural Economics, 25–36.

    Google Scholar 

  • Thompson, G. D. and Langworthy, M. (1989) Profit function approximations and duality applications to agriculture, American Journal of Agricultural Economics, 791–798.

    Google Scholar 

  • Walker, D. J. (1982), A damage function to evaluate erosion control economics, American Journal of Agricultural Economics, 690–697.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Rüdiger Pethig

Rights and permissions

Reprints and permissions

Copyright information

© 1994 Springer Science+Business Media Dordrecht

About this chapter

Cite this chapter

Point, P. (1994). The Value of Non-Market Natural Assets as Production Factor. In: Pethig, R. (eds) Valuing the Environment: Methodological and Measurement Issues. Environment, Science and Society, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-8317-6_2

Download citation

  • DOI: https://doi.org/10.1007/978-94-015-8317-6_2

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-90-481-4345-0

  • Online ISBN: 978-94-015-8317-6

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics