This paper presents the first rigorous empirical evidence of the impact of a large hydrocarbon project in both its economic and environmental dimension. Concentrating on Peru’s largest hydrocarbon project, the Camisea Gas Project, which began operating in the dense Amazonian jungle under...

The paper presents a model that determines when (at which output price level) it is optimum for a firm to invest in environmental technologies and which are the main parameters that affect this decision. Our analysis shows that firms require high output price levels to be induced to invest in...

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...

<i>Dynamic and Stochastic Resource Economics: Essays on Biodiversity, Invasive Species, Joint Systems, and Regulation</i> is a collection of Professor Batabyal's previously published and unpublished papers on the subject of natural resource and environmental economics. The book demonstrates how new...