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The Development of Ecological Economics
This major authoritative collection prepared by leading figures from North America and Europe presents a careful selection of the most important published articles and papers on ecology and economics.
More Information
Critical Acclaim
Contributors
Contents
More Information
This major authoritative collection prepared by leading figures from North America and Europe presents a careful selection of the most important published articles and papers on ecological economics.
Ecology and economics have developed as separate disciplines throughout their recent histories in the twentieth century. A signal contribution of this important collection is that it brings these different traditions together and successfully integrates the natural and social sciences in a volume that will be indispensable to anyone interested in ecological economics.
This unique volume contains both classics in the field and contemporary research and gives a coherent picture of the development of the major threads in ecological economics.
This collection is a “sampler” in the transdiciplinary field of ecological economics which paints a coherent picture of the development of some of the major threads in this new endeavour. It consists of a selection of both classics in the field and contemporary research, and is intended both for formal courses in ecological economics and for interested independent readers. The book contains 43 papers divided into six sections: 1. Historical Roots and Motivations; 2.Basic Organizing Principles of Ecological Economics; 3.Material and Energy Flows in Ecological and Economic Systems: Theory and Applications; 4.Accounting for Natural Capital, Ecological Limits, and Sustainable Scale; 5.Valuation of Ecological Services; and 6.Integrated Ecological Economic Modeling and Assessment.
Ecology and economics have developed as separate disciplines throughout their recent histories in the twentieth century. A signal contribution of this important collection is that it brings these different traditions together and successfully integrates the natural and social sciences in a volume that will be indispensable to anyone interested in ecological economics.
This unique volume contains both classics in the field and contemporary research and gives a coherent picture of the development of the major threads in ecological economics.
This collection is a “sampler” in the transdiciplinary field of ecological economics which paints a coherent picture of the development of some of the major threads in this new endeavour. It consists of a selection of both classics in the field and contemporary research, and is intended both for formal courses in ecological economics and for interested independent readers. The book contains 43 papers divided into six sections: 1. Historical Roots and Motivations; 2.Basic Organizing Principles of Ecological Economics; 3.Material and Energy Flows in Ecological and Economic Systems: Theory and Applications; 4.Accounting for Natural Capital, Ecological Limits, and Sustainable Scale; 5.Valuation of Ecological Services; and 6.Integrated Ecological Economic Modeling and Assessment.
Critical Acclaim
‘ . . . by including a vast number of papers that are generally reflective of the historical and the current state of the subject, the editors have – for the most part – succeeded in providing a useful reference on the development of ecological economics. The acquisition of this book is likely to benefit libraries and active researchers in ecological economics the most.’
– Amitrajeet A. Batabyal, Kyklos
– Amitrajeet A. Batabyal, Kyklos
Contributors
43 articles, dating from 1955 to 1995
Contributors include: K. Boulding, C. Clark, H. Daly, P. Ehrlich, N. Georgesçu-Roegen, B. Holling, R. Norgaard
Contributors include: K. Boulding, C. Clark, H. Daly, P. Ehrlich, N. Georgesçu-Roegen, B. Holling, R. Norgaard
Contents
Introduction
Part I: Historical Roots and Motivations
1. Kenneth E. Boulding (1966), ''The Economics of the Coming Spaceship Earth'', in Henry Jarrett (ed.), Environmental Quality in a Growing Economy, Baltimore MD: Resources for the Future/Johns Hopkins University Press, 3-14. (12)
2. Herman E. Daly (1968), ''On Economics as a Life Science'', Journal of Political Economy, 76, 392-406. (15)
3. C.W. Clark (1973), ''The Economics of Overexploitation'', Science, 181, 630-34. (5)
4. Juan Martinez-Alier (1987), ''Introduction'', in Ecological Economics: Energy, Environment, and Society, Chapter 1, Cambridge MA: Blackwell, 1-19. (19)
5. C.J. Cleveland (1987), ''Biophysical Economics: Historical Perspective and Current Research Trends'', Ecological Modeling, 38, 47-74. (28)
6. Paul P. Christensen (1989), ''Historical Roots for Ecological Economics – Biophysical Versus Allocative Approaches'', Ecological Economics, 1, 17-36. (20)
Part II: Basic Organizing Principles of Ecological Economics
7. C.S. Holling (1986), ''The Resilience of Terrestrial Ecosystems: Local Surprise and Global Change'', in William C. Clark and R.E. Munn (eds), Sustainable Development of the Biosphere, Chapter 10, Cambridge: Cambridge University Press, 292-317. (26)
8. John L.R. Proops (1989), ''Ecological Economics: Rationale and Problem Areas'', Ecological Economics, 1, 59-76. (18)
9. Richard B. Norgaard (1989), ''The Case for Methodological Pluralism'', Ecological Economics, 1, 37-57. (21)
10. Mick Common and Charles Perrings (1992), ''Towards an Ecological Economics of Sustainability'', Ecological Economics, 6 (1), July, 7-34. (28)
11. Herman E. Daly (1992), ''Allocation, Distribution, and Scale: Towards an Economics that is Efficient, Just, and Sustainable'', Ecological Economics, 6, 185-93. (9)
12. Robert Costanza, Lisa Wainger, Carl Folke and Karl-Göran Mäler (1993), ''Modeling Complex Ecological Economic Systems: Toward an Evolutionary, Dynamic Understanding of People and Nature'', BioScience, 43 (8), September, 545-55. (11)
Part III: Material and Energy Flows in Ecological and Economic Systems: Theory and Applications
13. H.T. Odum and R.C. Pinkerton (1955), ''Time''s Speed Regulator: The Optimum Efficiency for Maximum Power Output in Physical and Biological Systems'', American Scientist, 43, 334-43. (13)
14. N. Georgescu-Roegen (1973), ''The Entropy Law and the Economic Problem'', in H.E. Daly (ed.), Economics, Ecology, Ethics: Essays Toward a Steady-State Economy, San Francisco: W.H. Freeman, 49-60. (12)
15. Bruce Hannon (1973), ''The Structure of Ecosystems'', Journal of Theoretical Biology, 41, 535-46. (12)
16. Robert U. Ayres (1978), ''Application of Physical Principles to Economics'', in Resources, Environment, and Economics: Applications of the Materials/Energy Balance Principle, Chapter 3, New York: John Wiley & Sons, 37-71. (35)
17. C.J. Cleveland, R. Costanza, C.A.S. Hall and R. Kaufmann (1984), ''Energy and the United States Economy: A Biophysical Perspective'', Science, 225, 890-97. (8)
18. Charles Perrings (1986), ''Conservation of Mass and Instability in a Dynamic Economy-Environment System'', Journal of Environmental Economics and Management, 13, 199-211. (13)
19. C.J. Cleveland and R.K. Kaufmann (1991), ''Forecasting Ultimate Oil Recovery and its Rate of Production: Incorporating Economic Forces into the Models of M. King Hubbert'', The Energy Journal, 12, 17-46. (30)
20. David I. Stern (1993), ''Energy and Economic Growth in the USA: A Multivariate Approach'', Energy Economics, 15 (2), April, 137-50. (15)
21. Matthias Ruth (1995), ''Information, Order and Knowledge in Economic and Ecological Systems: Implications for Material and Energy Use'', Ecological Economics, 13 (2), May, 99-114. (16)
Part IV: Accounting for Natural Capital, Ecological Limits and Sustainable Scale
22. Peter Vitousek, Paul R. Ehrlich, Anne H. Ehrlich and Pamela A. Matson (1986), ''Human Appropriation of the Products of Photosynthesis'', BioScience, 36 (6), June, 368-73. (6)
23. Herman E. Daly and John B. Cobb, Jr. (1990), ''Misplaced Concreteness: Measuring Economic Success'', in For the Common Good: Redirecting the Economy Toward Community, the Environment, and a Sustainable Future, Chapter 3, London: Green Print, Merlin Press, 62-84. (23)
24. Salah El Serafy (1991), ''The Environment as Capital'', in Robert Costanza (ed.), Ecological Economics: The Science and Management of Sustainability, Chapter 12, New York: Columbia University Press, 168-75. (8)
25. Peter A. Victor (1991), ''Indicators of Sustainable Development: Some Lessons from Capital Theory'', Ecological Economics, 4, 191-213. (23)
26. Karl-Göran Mäler (1991), ''National Accounts and Environmental Resources'', Environmental and Resource Economics, 1 (1), 1-15. (15)
27. Robert Costanza and Herman E. Daly (1992), ''Natural Capital and Sustainable Development'', Conservation Biology, 6 (1), March, 37-46. (10)
28. G. Daily and P.R. Ehrlich (1992), ''Population, Sustainability, and Earth''s Carrying Capacity'', BioScience, 42, 761-71. (11)
29. Robert K. Kaufmann (1995), ''The Economic Multiplier of Environmental Life Support: Can Capital Substitute for a Degraded Environment?'', Ecological Economics, 12 (1), January, 67-79. (12)
30. Kenneth Arrow, Bert Bolin, Robert Costanza, Partha Dasgupta, Carl Folke, C.S. Holling, Bengt-Owe Jansson, Simon Levin, Karl-Göran Mäler, Charles Perrings and David Pimentel (1995), ''Economic Growth, Carrying Capacity, and the Environment'', Science, 268, 28 April, 520-21. (2)
Part V: Valuation of Ecological Services
31. Robert Costanza, Stephen C. Farber and Judith Maxwell (1989), ''Valuation and Management of Wetland Ecosystems'', Ecological Economics, 1, 335-61. (27)
32. Rudolf S. de Groot (1994), ''Environmental Functions and the Economic Value of Natural Ecosystems'', in Ann Mari Jansson, Monica Hammer, Carl Folke and Robert Costanza (eds), Investing in Natural Capital: The Ecological Economics Approach to Sustainability, Chapter 9, Washington DC: Island Press, 151-68. (18)
33. J. Larsson, C. Folke and N. Kautsky (1994), ''Ecological Limitations and Appropriation of Ecosystem Support by Shrimp Farming in Colombia'', Environmental Management, 18, 663-76. (14)
34. Clive L. Spash and Nick Hanley (1995), ''Preferences, Information and Biodiversity Preservation'', Ecological Economics, 12 (3), March, 191-208. (18)
35. Gail Bingham, Richard Bishop, Michael Brody, Daniel Bromley, Edwin (Toby) Clark, William Cooper, Robert Costanza, Thomas Hale, Gregory Hayden, Stephen Kellert, Richard Norgaard, Bryan Norton, John Payne, Clifford Russell and Glenn Suter (1995), ''Issues in Ecosystem Valuation: Improving Information for Decision Making'', Ecological Economics, 14, 73-90. (18)
Part VI: Integrated Ecological Economic Modeling and Assessment
36. L.C. Braat and W.F.J. van Lierop (1987), ''Integrated Economic-Ecological Modeling'', in L.C. Braat and W.F.J. van Lierop (eds), Economic-Ecological Modeling, Amsterdam: North-Holland, 49-68. (20)
37. Robert Costanza, Fred H. Sklar and Mary L. White (1990), ''Modeling Coastal Landscape Dynamics: Process-based Dynamic Spatial Ecosystem Simulation can Examine Long-term Natural Changes and Human Impacts'', BioScience, 40 (2), February, 91-107. (17)
38. Kimberly Anne Baker, M. Siobhan Fennessy and William J. Mitsch (1991), ''Designing Wetlands for Controlling Mine Drainage: An Ecologic-Economic Modelling Approach'', Ecological Economics, 3, 1-24. (24)
39. C.A.S. Hall and M.H.P. Hall (1993), ''The Efficiency of Land and Energy Use in Tropical Economies and Agriculture'', Agriculture, Ecosystems, and the Environment, 46, 1-30. (30)
40. Faye Duchin and Glenn-Marie Lange (1994), ''Strategies for Enviromentally Sound Economic Development'', in Ann-Mari Jansson, Monica Hammer, Carl Folke and Robert Costanza (eds), Investing in Natural Capital: The Ecological Economics Approach to Sustainability, Chapter 15, Washington DC: Island Press, 250-65. (16)
41. H. Jack Ruitenbeek (1994), ''Modelling Economy-Ecology Linkages in Mangroves: Economic Evidence for Promoting Conservation in Bintuni Bay, Indonesia'', Ecological Economics, 10 (3), 233-47. (15)
42. Jianguo Liu, Fred W. Cubbage and H. Ronald Pulliam (1994), ''Ecological and Economic Effects of Forest Landscape Structure and Rotation Length: Simulation Studies Using ECOLECON'', Ecological Economics, 10 (3), 249-63. (15)
43. N. Bockstael, R. Costanza, I. Strand, W. Boynton, K. Bell and L. Wainger (1995), ''Ecological Economic Modeling and Valuation of Ecosystems'', Ecological Economics, 14 (2), 143-59. (17)
Part I: Historical Roots and Motivations
1. Kenneth E. Boulding (1966), ''The Economics of the Coming Spaceship Earth'', in Henry Jarrett (ed.), Environmental Quality in a Growing Economy, Baltimore MD: Resources for the Future/Johns Hopkins University Press, 3-14. (12)
2. Herman E. Daly (1968), ''On Economics as a Life Science'', Journal of Political Economy, 76, 392-406. (15)
3. C.W. Clark (1973), ''The Economics of Overexploitation'', Science, 181, 630-34. (5)
4. Juan Martinez-Alier (1987), ''Introduction'', in Ecological Economics: Energy, Environment, and Society, Chapter 1, Cambridge MA: Blackwell, 1-19. (19)
5. C.J. Cleveland (1987), ''Biophysical Economics: Historical Perspective and Current Research Trends'', Ecological Modeling, 38, 47-74. (28)
6. Paul P. Christensen (1989), ''Historical Roots for Ecological Economics – Biophysical Versus Allocative Approaches'', Ecological Economics, 1, 17-36. (20)
Part II: Basic Organizing Principles of Ecological Economics
7. C.S. Holling (1986), ''The Resilience of Terrestrial Ecosystems: Local Surprise and Global Change'', in William C. Clark and R.E. Munn (eds), Sustainable Development of the Biosphere, Chapter 10, Cambridge: Cambridge University Press, 292-317. (26)
8. John L.R. Proops (1989), ''Ecological Economics: Rationale and Problem Areas'', Ecological Economics, 1, 59-76. (18)
9. Richard B. Norgaard (1989), ''The Case for Methodological Pluralism'', Ecological Economics, 1, 37-57. (21)
10. Mick Common and Charles Perrings (1992), ''Towards an Ecological Economics of Sustainability'', Ecological Economics, 6 (1), July, 7-34. (28)
11. Herman E. Daly (1992), ''Allocation, Distribution, and Scale: Towards an Economics that is Efficient, Just, and Sustainable'', Ecological Economics, 6, 185-93. (9)
12. Robert Costanza, Lisa Wainger, Carl Folke and Karl-Göran Mäler (1993), ''Modeling Complex Ecological Economic Systems: Toward an Evolutionary, Dynamic Understanding of People and Nature'', BioScience, 43 (8), September, 545-55. (11)
Part III: Material and Energy Flows in Ecological and Economic Systems: Theory and Applications
13. H.T. Odum and R.C. Pinkerton (1955), ''Time''s Speed Regulator: The Optimum Efficiency for Maximum Power Output in Physical and Biological Systems'', American Scientist, 43, 334-43. (13)
14. N. Georgescu-Roegen (1973), ''The Entropy Law and the Economic Problem'', in H.E. Daly (ed.), Economics, Ecology, Ethics: Essays Toward a Steady-State Economy, San Francisco: W.H. Freeman, 49-60. (12)
15. Bruce Hannon (1973), ''The Structure of Ecosystems'', Journal of Theoretical Biology, 41, 535-46. (12)
16. Robert U. Ayres (1978), ''Application of Physical Principles to Economics'', in Resources, Environment, and Economics: Applications of the Materials/Energy Balance Principle, Chapter 3, New York: John Wiley & Sons, 37-71. (35)
17. C.J. Cleveland, R. Costanza, C.A.S. Hall and R. Kaufmann (1984), ''Energy and the United States Economy: A Biophysical Perspective'', Science, 225, 890-97. (8)
18. Charles Perrings (1986), ''Conservation of Mass and Instability in a Dynamic Economy-Environment System'', Journal of Environmental Economics and Management, 13, 199-211. (13)
19. C.J. Cleveland and R.K. Kaufmann (1991), ''Forecasting Ultimate Oil Recovery and its Rate of Production: Incorporating Economic Forces into the Models of M. King Hubbert'', The Energy Journal, 12, 17-46. (30)
20. David I. Stern (1993), ''Energy and Economic Growth in the USA: A Multivariate Approach'', Energy Economics, 15 (2), April, 137-50. (15)
21. Matthias Ruth (1995), ''Information, Order and Knowledge in Economic and Ecological Systems: Implications for Material and Energy Use'', Ecological Economics, 13 (2), May, 99-114. (16)
Part IV: Accounting for Natural Capital, Ecological Limits and Sustainable Scale
22. Peter Vitousek, Paul R. Ehrlich, Anne H. Ehrlich and Pamela A. Matson (1986), ''Human Appropriation of the Products of Photosynthesis'', BioScience, 36 (6), June, 368-73. (6)
23. Herman E. Daly and John B. Cobb, Jr. (1990), ''Misplaced Concreteness: Measuring Economic Success'', in For the Common Good: Redirecting the Economy Toward Community, the Environment, and a Sustainable Future, Chapter 3, London: Green Print, Merlin Press, 62-84. (23)
24. Salah El Serafy (1991), ''The Environment as Capital'', in Robert Costanza (ed.), Ecological Economics: The Science and Management of Sustainability, Chapter 12, New York: Columbia University Press, 168-75. (8)
25. Peter A. Victor (1991), ''Indicators of Sustainable Development: Some Lessons from Capital Theory'', Ecological Economics, 4, 191-213. (23)
26. Karl-Göran Mäler (1991), ''National Accounts and Environmental Resources'', Environmental and Resource Economics, 1 (1), 1-15. (15)
27. Robert Costanza and Herman E. Daly (1992), ''Natural Capital and Sustainable Development'', Conservation Biology, 6 (1), March, 37-46. (10)
28. G. Daily and P.R. Ehrlich (1992), ''Population, Sustainability, and Earth''s Carrying Capacity'', BioScience, 42, 761-71. (11)
29. Robert K. Kaufmann (1995), ''The Economic Multiplier of Environmental Life Support: Can Capital Substitute for a Degraded Environment?'', Ecological Economics, 12 (1), January, 67-79. (12)
30. Kenneth Arrow, Bert Bolin, Robert Costanza, Partha Dasgupta, Carl Folke, C.S. Holling, Bengt-Owe Jansson, Simon Levin, Karl-Göran Mäler, Charles Perrings and David Pimentel (1995), ''Economic Growth, Carrying Capacity, and the Environment'', Science, 268, 28 April, 520-21. (2)
Part V: Valuation of Ecological Services
31. Robert Costanza, Stephen C. Farber and Judith Maxwell (1989), ''Valuation and Management of Wetland Ecosystems'', Ecological Economics, 1, 335-61. (27)
32. Rudolf S. de Groot (1994), ''Environmental Functions and the Economic Value of Natural Ecosystems'', in Ann Mari Jansson, Monica Hammer, Carl Folke and Robert Costanza (eds), Investing in Natural Capital: The Ecological Economics Approach to Sustainability, Chapter 9, Washington DC: Island Press, 151-68. (18)
33. J. Larsson, C. Folke and N. Kautsky (1994), ''Ecological Limitations and Appropriation of Ecosystem Support by Shrimp Farming in Colombia'', Environmental Management, 18, 663-76. (14)
34. Clive L. Spash and Nick Hanley (1995), ''Preferences, Information and Biodiversity Preservation'', Ecological Economics, 12 (3), March, 191-208. (18)
35. Gail Bingham, Richard Bishop, Michael Brody, Daniel Bromley, Edwin (Toby) Clark, William Cooper, Robert Costanza, Thomas Hale, Gregory Hayden, Stephen Kellert, Richard Norgaard, Bryan Norton, John Payne, Clifford Russell and Glenn Suter (1995), ''Issues in Ecosystem Valuation: Improving Information for Decision Making'', Ecological Economics, 14, 73-90. (18)
Part VI: Integrated Ecological Economic Modeling and Assessment
36. L.C. Braat and W.F.J. van Lierop (1987), ''Integrated Economic-Ecological Modeling'', in L.C. Braat and W.F.J. van Lierop (eds), Economic-Ecological Modeling, Amsterdam: North-Holland, 49-68. (20)
37. Robert Costanza, Fred H. Sklar and Mary L. White (1990), ''Modeling Coastal Landscape Dynamics: Process-based Dynamic Spatial Ecosystem Simulation can Examine Long-term Natural Changes and Human Impacts'', BioScience, 40 (2), February, 91-107. (17)
38. Kimberly Anne Baker, M. Siobhan Fennessy and William J. Mitsch (1991), ''Designing Wetlands for Controlling Mine Drainage: An Ecologic-Economic Modelling Approach'', Ecological Economics, 3, 1-24. (24)
39. C.A.S. Hall and M.H.P. Hall (1993), ''The Efficiency of Land and Energy Use in Tropical Economies and Agriculture'', Agriculture, Ecosystems, and the Environment, 46, 1-30. (30)
40. Faye Duchin and Glenn-Marie Lange (1994), ''Strategies for Enviromentally Sound Economic Development'', in Ann-Mari Jansson, Monica Hammer, Carl Folke and Robert Costanza (eds), Investing in Natural Capital: The Ecological Economics Approach to Sustainability, Chapter 15, Washington DC: Island Press, 250-65. (16)
41. H. Jack Ruitenbeek (1994), ''Modelling Economy-Ecology Linkages in Mangroves: Economic Evidence for Promoting Conservation in Bintuni Bay, Indonesia'', Ecological Economics, 10 (3), 233-47. (15)
42. Jianguo Liu, Fred W. Cubbage and H. Ronald Pulliam (1994), ''Ecological and Economic Effects of Forest Landscape Structure and Rotation Length: Simulation Studies Using ECOLECON'', Ecological Economics, 10 (3), 249-63. (15)
43. N. Bockstael, R. Costanza, I. Strand, W. Boynton, K. Bell and L. Wainger (1995), ''Ecological Economic Modeling and Valuation of Ecosystems'', Ecological Economics, 14 (2), 143-59. (17)