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.
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.
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