Originally published in 1974, Technical Change, Relative Prices, and Environmental Resource Evaluation explores the relationship between natural environmental resources and the differential implications of technological change and relative price appreciation. Smith claims that price is linked to technological progress and comments on the economic issues surrounding this. This title will be of interest to students of Environmental Studies and Economics.
Foreword; Acknowledgments; 1. Introduction 2 Modeling the Effects of Technical Change 3. The Supply Side: Technically Feasible Production Possibilities 4. The Structure of Community Demand 5. Technical Change 6. Intertemporal Externalities, Technical Change, and the Price of Amenity Service 7. Conlusions.
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