The Theory and Practice of Environmental and Resource Economics

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The Theory and Practice of Environmental and Resource Economics

Essays in Honour of Karl-Gustaf Löfgren

9781845426491 Edward Elgar Publishing
Edited by Thomas Aronsson, Professor of Economics, Roger Axelsson, Associate Professor of Economics and Runar Brännlund, Professor of Economics, Department of Economics, Umeå University, Sweden
Publication Date: 2006 ISBN: 978 1 84542 649 1 Extent: 368 pp
This collection of specially commissioned papers pays tribute to Karl-Gustaf Löfgren’s significant and diverse contribution to theoretical and empirical research within the field of environmental and resource economics over the past two decades.

A number of distinguished scholars examine a broad range of topics including sustainability, risk and uncertainty, demand theory and issues related to public goods. The book also contains analyses of more specific resource problems concerning fisheries, forestry management, wildlife and pollution.

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Contents
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This collection of specially commissioned papers pays tribute to Karl-Gustaf Löfgren’s significant and diverse contribution to theoretical and empirical research within the field of environmental and resource economics over the past two decades.

A number of distinguished scholars examine a broad range of topics including sustainability, risk and uncertainty, demand theory and issues related to public goods. The book also contains analyses of more specific resource problems concerning fisheries, forestry management, wildlife and pollution. Together, the seventeen chapters provide an innovative and cutting-edge analysis of a smorgasbord of both old and new environmental and resource problems, including, amongst others:

• local public goods and income heterogeneity
• self-selection and the value of lives saved
• international fisheries agreements
• salmon and hydropower
• discrete versus continuous harvesting
• timber supply
• voluntary road pricing
• economic impacts of environmental regulations in California.

Academics, researchers and students within the fields of environmental, resource and public economics will find this book to be a fascinating read.
Contributors
Contributors: T. Aronsson, K. Backlund, B.M. Balk, P. Berck, O. Bergland, R. Brännlund, R. Färe, I.M. Favada, A. Fisher, H. Folmer, S. Grosskopf, C. Håkansson, W.M. Hanemann, G. Heal, H.P. Hess, L. Hultkrantz, P.-O. Johansson, B. Kriström, J. Kuuluvainen, C.-Z. Li, M. Lindmark, K.-G. Mäler, U. Narain, K.H. Pham Do, T. Puu, R. Ready, E. Romstad, J.F. Shogren, T. Sjögren, T. Stamland, J. Uusivuori, M.L. Weitzman, M. Wikström
Contents
Contents:
Introduction

1. Sustainability: What Does It Tell Us?
Geoffrey Heal

2. Environment and Decision-Making under Risk and Uncertainty
Karl-Göran Mäler

3. Fisher, Lindahl, and Hicks on Income: A Modern Analysis
Chuan-Zhong Li

4. Consumer Demand with Several Linear Constraints: A Global Analysis
W. Michael Hanemann

5. Local Public Goods and Income Heterogeneity
Thomas Aronsson, Magnus Wikström, Kenneth Backlund and Tomas Sjögren

6. Public Goods, Optimal Distortionary Taxation and Union Wage Setting
Thomas Aronsson, Kenneth Backlund, Tomas Sjögren and Magnus Wikström

7. Self-Selection and the Value of Lives Saved
Jason F. Shogren and Tommy Stamland

8. International Fisheries Agreements: The Feasibility and Impacts of Partial Cooperation
Kim Hang Pham Do and Henk Folmer

9. Salmon and Hydropower: Dynamic Cost–Benefit Analysis
Cecilia Håkansson, Per-Olov Johansson and Bengt Kriström

10. Trees vs. Fish, or Discrete vs. Continuous Harvesting
Martin L. Weitzman

11. Differentiating at the Speed of Light in a Universe of Trees and Moose
Olvar Bergland, Richard Ready and Eirik Romstad

12. Empirical Behaviour Models on Timber Supply
Jari Kuuluvainen, Ibrahim Moulifla Favada and Jussi Uusivuori

13. Travelling Waves in a Modified Hotelling Population Model
Tönu Puu

14. The Optimal Control of a Stock Pollutant with Sunk Capital and Endogenous Risk of Catastrophic Damages
Urvashi Narain and Anthony Fisher

15. Environmental Performance in Swedish Manufacturing, 1913–1990
Bert M. Balk, Runar Brännlund, Rolf Färe, Shawna Grosskopf and Magnus Lindmark

16. Assessing the Economic Impacts of Large-Scale Environmental Regulations in California
Peter Berck and H. Peter Hess

17. Voluntary Road Pricing
Lars Hultkrantz

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