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Underlying the management of revenues from natural resource extraction is a set of assumptions about how abundant and how valuable these resources are. Nevertheless, existing approaches to measuring the value of extractive resources are seriously flawed. This paper proposes two avenues for...
Persistent link: https://www.econbiz.de/10012424182
Biodiversity can sometimes only be preserved if natural habitats are excluded from human uses. Such protection measures generate positive externalities at the global scale. This holds especially for protection in developing countries that host great parts of global biodiversity. For...
Persistent link: https://www.econbiz.de/10010260504
Up to now a clear theoretical and methodological framework for economic-environmental analysis of environmentally damaging subsidies is lacking. Environmentally damaging subsidies are all kinds of direct and indirect subsidies aimed at achieving a certain (often non-environmental) goal that...
Persistent link: https://www.econbiz.de/10010325315
In this paper, I develop an operational methodology to consistently compare alternative sustainability paradigms (weak sustainability [WS], strong sustainability [SS], a-growth [AG], and de-growth [DG]) and different assessment approaches (life-cycle assessment [LCA], cost-benefit analysis...
Persistent link: https://www.econbiz.de/10011651914
Economic and ecological systems are closely interlinked at a global and a regional level, offering a broad variety of challenging research topics in environmental and resource economics. The successful identification of key questions for current and future research supports development of novel...
Persistent link: https://www.econbiz.de/10012254798
This paper describes how Natural Capital Accounting (NCA) can be integrated into economy wide analytical frameworks to enhance evidence based decision making. Examples from applications of the Integrated Environmental Economic Modelling (IEEM) Platform show how explicitly accounting for the...
Persistent link: https://www.econbiz.de/10012604826
Starting from a world in which resources have become scarce and planetary boundaries have been reached or exceeded, the paper discusses how these changes affect our understanding of (economic) progress and sustainable development. In doing so, the paper addresses three important points in the...
Persistent link: https://www.econbiz.de/10014459440
This note gives a brief, non-rigorous sketch of basic optimal control theory, which is a useful tool in several simple economic problems,such as those in resource and environmental economics. While the mathematical analysis in the note is self-contained, there is not much explanation and...
Persistent link: https://www.econbiz.de/10011694176
Are efficiency improvements in the use of natural resources the key for sustainable development, are they the solution to environmental problems, or will second round effects - so-called rebound effects - compensate or even overcompensate potential savings, will they fire back? The answer to...
Persistent link: https://www.econbiz.de/10010299906
Are efficiency improvements in the use of natural resources the key for sustainable development, are they the solution to environmental problems, or will second round effects -so-called rebound effects- compensate or even overcompensate potential savings, will they fire back? The answer to this...
Persistent link: https://www.econbiz.de/10010291087