The search for frameworks and indicators of sustainable development has taken a prominent place in this journal. However, some specific aspects have received little or no attention, notably the spatial dimension and the role of international trade in indicator development. Moreover, many...

Theoretical and empirical aspects of policy failures due to subsidies are discussed in the context of international trade. A general classification of subsidies that cause environmental externalities is presented. The economic and environmental impacts of producer subsidies on international...

Most insights of environmental economics are in line with the standard neoclassicaleconomic model of rational behaviour, formulated in terms of maximization of utility ingeneral, or profits in particular. The standard theory of environmental policy is a casein point. However, the maximization...

We consider the microfoundations controversy from the perspective ofeconomic evolution and show that the debatecan benefit from lessons learned in evolutionary biology. Althoughthe analogy between biology and economics hasbeen noted before, it has rarely focused on clarifying the micro-macro...

A foundation is provided for a correct and accurate analysis of the relationship between monetary values and physical dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a classification is offered of various types of...

The nature of energy and material resources in an endogenous growththeory framework isclarified. This involves three modifications of the conventionaltheory. Firstly, multiple feedbackmechanisms or “growth engines” are identified. Secondly, a productionfunction distinguishesbetween resource...

Elements of an integrated analysis of a land/water use and nature conservation in De Vechtstreek area are presented. This is a river plane composed of patches of lakes and polders, in the centre of The Netherlands. The attention is focused on the economic dimensions of the research. To this end,...

An overview is offered of different approaches to economic modelling of sustainable development. First, conceptual-theoretical perspectives on sustainable development are shortly reviewed from the angle of model implications. Next, different model types are discussed. These include neoclassical...

Until recently, the interaction between environmental quality, economic activity and growth is predominantly considered in an a-spatial context. Traditional neoclassical growth theory following Solow/Swan has mainly addressed questions about environmental and resource limits to growth. Recently,...

The application of aggregate indicators in environmental-economic research has received littleattention so far. An important reason is the incompleteness of environmental data. This articlepresents a systematic approach to construct indicators of environment and economy on a macrolevel. It...