246 Pages 87 Color Illustrations
    by Routledge

    246 Pages 87 Color Illustrations
    by Routledge

    This book aids those concerned about environmental issues to firmly grasp relevant analytical methods and to comprehend the thought process behind environmental economics. It does so by drawing from specific environmental issues and at the same time providing commentary that facilitates understanding. This text contains in-depth explanations necessary for a thorough understanding of the fundamental aspects and importance of environmental economics.

    Environmental Economics seeks to elucidate the mechanisms that give rise to environmental problems by approaching environmental issues from an economic perspective. At the same time, it is a study aiming to indicate specific countermeasures that could resolve present environmental issues. This text has been put together in way that allows readers without specialized economics knowledge to easily understand the situation, issues and challenges of environmental economics.

    Chapter 1: Our Lifestyles and the Environment
    Section 1. Economic Development and Environmental Issues
    Section 2. Waste Problems and Sustainable Society
    Section 3. Climate Change

    Chapter 2: Mechanisms that Give Rise to Environmental Problems
    Section 1. Externalities and Market Failures
    Section 2. The Use and Management of Common-Pool Resources
    Section 3. Public Goods and Free Riding

    Chapter 3: Fundamental Theories of Environmental Policy
    Section 1. Direct Regulations and Market Mechanisms
    Section 2. Environmental Taxes and Subsidies
    Section 3. Resolutions through Direct Negotiations
    Section 4. Emission Cap and Trade

    Chapter 4: Applications for Environmental Policies
    Section 1. Choice among Policy Measures
    Section 2. Waste Policy
    Section 3. The Kyoto Protocol and Climate Change Policy
    Section 4. The Current State and Future Targets of Climate Change Policy

    Chapter 5: Environmental Value Assessment
    Section 1. Environmental Value
    Section 2. Environmental Valuation Method 1: Revealed Preferences Method
    Section 3. Environmental Valuation Method 2: Stated Preferences Method
    Section 4. Cost-Benefit Analysis

    Chapter 6: Business and Environmental Problems
    Section 1. Business and Environmental Policies
    Section 2. Social Responsibility Demanded from Business
    Section 3. Business and Environmental Risks
    Section 4. Biodiversity and the Ecosystem

    Chapter 7: Global Environmental Problems and International Trade
    Section 1. International Trade and the Environment
    Section 2. Environmental Regulations and Technological Development
    Section 3. Sustainable Development
    Section 4. Energy Economics

    Biography

    Shunsuke Managi is the Distinguished Professor of Technology and Policy in the Urban Institute & School of Engineering at Kyushu University, Japan, while also holding positions as an Adjunct Professor at QUT Business School, and the University of Tokyo. He is an editor of Environmental Economic and Policy Studies, a lead author for the Intergovernmental Panel on Climate Change, and is the author of Technology, Natural Resources and Economic Growth: Improving the Environment for a Greener Future and editor of The Economics of Green Growth.

    Koichi Kuriyama is the Professor of Agricultural and Resource Economics at the Kyoto University, Japan. His research has focused on the evaluation of the environment including forest and ecosystem services. He is the author of ‘A latent segmentation approach to a Kuhn-Tucker model: An application to recreation demand’ (with W.M. Hanemann and J.R. Hilger), published in the Journal of Environmental Economics and Management.

    This is an introductory text to help readers understand environmental economics… It is simple and understandable making a valuable contribution to the existing literature. The text has been put together in a way that allows readers without specialization in economics to understand the issues and challenges of environmental economics. I consider this book a useful introductory textbook for readers interested in Environmental Economics.’ — George Halkos, Professor in Economics of Natural Resources, University of Thessaly

    The book shows a solid and comprehensive coverage of main relevant issues in current environmental policy debate, with an interesting focus on waste and resources. Microeconomic, meso and macroeconomic issues are presented and linked together, through theoretical and ‘applications’ chapters. 

    The chapters can be usefully read in isolation, or find a proper complementary value in the overall reading. It both covers the theory of environmental policy and its applications in the real world.’ — Massimiliano Mazzanti, Associate Professor of Economics, University of Ferrara