In this paper we examine whether the real prices of eleven natural resource commodities exhibit stochastic or deterministic trends. A common methodological feature in the relevant empirical literature, most of which published in the Journal of Environmental Economics and Management, has been so...

The Water Framework Directive (WFD) was formulated for addressing the weaknesses of the previous water-related directives. The main steps that WFD involves could be summarised in the setting of ecological standards, the identification of anthropogenic pressures and the adoption of corrective...

The Water Framework Directive (WFD) was formulated for addressing the weaknesses of the previous water-related directives. The main steps that WFD involves could be summarised in the setting of ecological standards, the identification of anthropogenic pressures and the adoption of corrective...

In this article we investigate the role of information spillovers in promoting irrigation technology adoption and diffusion. In particular, we investigate the effect of different channels of information spillovers, namely informal social learning and formal extension services, while...

The purpose of this final chapter is to identify the common themes of the three projects (WSM, Medis, and Aquadapt), to integrate and harmonise the results and approaches adopted by each, and to discuss conclusions and potential policy implications that can feed into the EU Water Framework...

This book aims to show that economics in general and non market valuation methods in particular, together with participatory and engineering tools, can facilitate the design and implementation of the different European policies in relation to mitigation of water stress. The results presented in...

Since the 1990s flood risk and the effects of flooding episodes have reemerged as an important natural hazard concern in central and northern Europe. These concerns have also been exacerbated as a result of widespread and increasing awareness of global climate change, and significant wetland...

Agriculture contributes negative and positive externalities to society, that is, beneficial and detrimental changes in human wellbeing to third parties for which they are not generally compensated or charged. Beneficial externalities include the creation of amenity and landscape and negative...

Discussions about applied Cost Benefit Analysis are incomplete without the thorny issue of discounting emerging at some point. Indeed, since the calculation of Net Present Values (NPV), and hence the efficiency of a project or policy, hinges so crucially upon the level of the discount rate...

The increasing scarcity of water resources (in terms of quantity and quality) is one of the most pervasive natural resource allocation issues facing development planners throughout the world.This problem is especially prevalent in less developed countries where the management of this valuable...