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| examples of natural resources in economics: Environmental and Natural Resource Economics Jonathan M. Harris, Brian Roach, 2016-05-05 Harris and Roach present a compact and accessible presentation of the core environmental and resource topics and more, with analytical rigor as well as engaging examples and policy discussions. They take a broad approach to theoretical analysis, using both standard economic and ecological analyses, and developing these both from theoretical and practical points of view. It assumes a background in basic economics, but offers brief review sections on important micro and macroeconomic concepts, as well as appendices with more advanced and technical material. Extensive instructor and student support materials, including PowerPoint slides, data updates, and student exercises are provided. |
| examples of natural resources in economics: Natural Resource Economics Barry C. Field, 2015-12-10 Decisions about the conservation and use of natural resources are made every day by individuals, communities, and nations. The latest edition of Field’s acclaimed text highlights the incentives and trade-offs embedded in such decisions, providing a lucid introduction to natural resource issues using the analytical framework of economics. Employing a logical structure and easy-to-understand descriptions, Field covers fundamental economic principles and their general application to natural resource use. These principles are further developed in chapters devoted to specific resources. Moreover, this up-to-date volume addresses the challenge of achieving socially beneficial utilization rates in the twenty-first century amid continuing population growth, urbanization, and global climate change. Topics new to the Third Edition include: • implications of climate change on resources • fracking • energy intensity and the energy efficiency gap • reducing fossil energy • forests and carbon • international water issues • globalization and trade in natural resources |
| examples of natural resources in economics: Natural Resource Endowment and the Fallacy of Development in Cameroon Fonjong, Lotsmart, 2019-10-05 Cameroon is rich in petroleum, minerals, tropical forests, wildlife, water systems, fertile lands, and much more. Paradoxically however, most citizens live in abject poverty and without jobs, potable water, electricity, good healthcare and roads. This book is a thoughtful interrogation of some of the structural factors driving persistent poverty in Cameroon in the midst of natural resource abundance. It engages in a multidimensional critical analysis of the impact of natural resources on basic development indicators and concludes that good resource governance and sound management are the missing link. Natural resources alone will not create socio-economic prosperity void of good management with a clear development vision and strategy in Cameroon. The book assembles a wide diversity of analysis, views, perspectives and recommendations from economists, development experts, social and political scientists, on Cameroon’s current development inertia. What emerges in the end is a coherent interdisciplinary analysis of the natural resource-development paradox as it plays out in an African setting. Theories and good practices from Africa and beyond are systematically applied to identify and critique present policy and management approaches while providing alternative options that can unlock Cameroon’s natural resource wealth for national prosperity. |
| examples of natural resources in economics: Energy, Natural Resources and Environmental Economics Endre Bjørndal, Mette Bjørndal, Panos M. Pardalos, Mikael Rönnqvist, 2010-09-14 This book consists of a collection of articles describing the emergingand integrated area of Energy,Natural Resourcesand EnvironmentalEconomics.A majority of the authors are researchers doing applied work in economics, nance, and management science and are based in the Nordic countries. These countries have a long tradition of managing natural resources. Many of the applications are therefore founded on such examples. The book contents are based on a workshop that took place during May 15–16, 2008 in Bergen, Norway. The aim of the workshop was to create a meeting place for researchers who are active in the area of Energy, Natural Resource, and En- ronmentalEconomics,andat the same time celebrate ProfessorKurtJorns ̈ ten’s60th birthday. Thebookis dividedintofourparts. The rst part considerspetroleumandnatural gas applications, taking up topics ranging from the management of incomes and reserves to market modeling and value chain optimization. The second and most extensive part studies applications from electricity markets, including analyses of market prices, risk management, various optimization problems, electricity market design, and regulation. The third part describes different applications in logistics and management of natural resources. Finally, the fourth part covers more general problems and methods arising within the area. |
| examples of natural resources in economics: Natural Resource Economics: The Essentials Tom Tietenberg, Lynne Lewis, 2019-08-01 Natural Resource Economics: The Essentials offers a policy-oriented approach to the increasingly influential field of natural resource economics that is based upon a solid foundation of economic theory and empirical research. Students will not only leave the course with a firm understanding of natural resource economics, but they will also be exposed to a number of case studies showing how underlying economic principles provide the basis for specific natural resource policies. Including current data and research studies, this key text also highlights what insights can be derived from the actual experience. Key features include: Extensive coverage of the major issues including energy, recyclable resources, water policy, land conservation and management, forests, fisheries, other ecosystems, and sustainable development; Introductions to the theory and method of natural resource economics including externalities, experimental and behavioral economics, benefit-cost analysis, and methods for valuing the services provided by the environment; Boxed ‘Examples’ and ‘Debates’ throughout the text which highlight global examples and major points for deeper discussions. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book, as well as with multiple-choice questions, simulations, references, slides, and an instructor’s manual on the Companion Website. This text is adapted from the best-selling Environmental and Natural Resource Economics, 11th edition, by the same authors. |
| examples of natural resources in economics: Natural Resource Economics Jon M. Conrad, Daniel Rondeau, 2020-01-30 Presents models of renewable and non-renewable resources and provides analytical methods to explore contemporary resource problems. |
| examples of natural resources in economics: Environmental and Natural Resource Economics Tom Tietenberg, Lynne Lewis, 2018-03-13 Environmental and Natural Resource Economics is the best-selling text for natural resource economics and environmental economics courses, offering a policy-oriented approach and introducing economic theory and empirical work from the field. Students will leave the course with a global perspective of both environmental and natural resource economics and how they interact. Complemented by a number of case studies showing how underlying economic principles provided the foundation for specific environmental and resource policies, this key text highlights what can be learned from the actual experience. This new, 11th edition includes updated data, a number of new studies and brings a more international focus to the subject. Key features include: Extensive coverage of the major issues including climate change, air and water pollution, sustainable development, and environmental justice. Dedicated chapters on a full range of resources including water, land, forests, fisheries, and recyclables. Introductions to the theory and method of environmental economics including externalities, benefit-cost analysis, valuation methods, and ecosystem goods and services. Boxed ‘Examples’ and ‘Debates’ throughout the text which highlight global examples and major talking points. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book and multiple-choice questions, simulations, references, slides, and an instructor’s manual on the Companion Website. |
| examples of natural resources in economics: Natural Resources, Neither Curse nor Destiny Daniel Lederman, William F Maloney, 2006-10-23 'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good. |
| examples of natural resources in economics: Rents to Riches? Naazneen Barma, Kai Kaiser, Tuan Minh Le, 2012 Rents to Riches> focuses on the political economy of the detailed decisions that governments make at each step of the natural resource management (NRM) value chain. Many resource-dependent developing countries pursue seemingly shortsighted and suboptimal policies when extracting, taxing, and investing resource rents. The book contextualizes these micro-level outcomes with an emphasis on two central political economy dimensions: the degree to which governments can make credible intertemporal commitments to both resource developers and citizens, and the degree to which governments and inclined to turn resource rents into public goods. Almost 1.5 billion people live in the more than 50 World Bank client countries classified as resource-dependent. A detailed understanding of the way political economy characteristics affect the NRM decisions made in these countries by governments, extractive developers, and society can improve the design of interventions to support welfare-enhancing policy making and governance in the natural resource sectors. Featuring case study work from Africa (Angola, the Democratic Republic of Congo, Ghana, Niger, Nigeria), East Asia and Pacific (the Lao People's Democratic Republic, Mongolia, Timor-Leste), and Latin America and the Caribbean (Bolivia, Chile, Ecuador, Mexico, Trinidad an dTobago_, the book provides guidance for government clients, domestic stakeholders, and development partners committed to transforming natural resource into sustainable development riches. |
| examples of natural resources in economics: The Economics of Natural Resource Use John M. Hartwick, Nancy D. Olewiler, 1998 This text is a comprehensive examination of the economics of using natural reosurces in the modern economy. Presenting economic concepts essential to examining how resources can be sustained, extracted and harvested extensive use is made of diagrams and accompanying algebraic models.* NEW! This edition of the text features a new organization. The first section is an overview of techniques, the second focuses on static models of natural resource use, and the third examines dynamic models of natural resource use. * NEW! Revised and updated cases use real-world examples and show how they are linked to natural resource modeling. * NEW! Text pedagogy has been improved overall, including a much more extensive use of graphs. * Only current book solely on natural resources (without environmental econ) for all of North America. * The Second Edition stresses the economics of sustainability; continues thorough coverage of land and water use, fisheries, pollution policy, non-renewable resources, and forests. * Advanced chapters are included for use in honors/graduate courses: e.g., parts of Chapters 3, 9, 11, and 12. |
| examples of natural resources in economics: Natural Resource and Environmental Economics Roger Perman, Yue Ma, Michael Common, David Maddison, James Mcgilvray, 2013-02-07 Now in its 4th Edition, this book is a comprehensive and contemporary analysis of the major areas of natural resource and environmental economics. All chapters have been updated in light of new developments and changes in the subject, and provide a balance of theory, applications and examples to give a rigorous grounding in the economic analysis of the resource and environmental issues that are increasingly prominent policy concerns. This text has been written primarily for the specialist market of second and third year undergraduate and postgraduate students of economics. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed. |
| examples of natural resources in economics: Natural Resource Management and the Circular Economy Robert C. Brears, 2018-02-15 This book provides insight into how governments are using a variety of innovative fiscal and non-fiscal instruments to develop circular economies with significant economic and environmental benefits. It emphasises the urgent need for these circular economies and to move away from our current, linear model that has led to environmental degradation, volatility of resource prices and supply risks from uneven distribution of natural resources. Natural Resource Management and the Circular Economy illustrates how governments have promoted the development of an economy that can provide substantial net material savings; mitigate price volatility and supply risks; and improve ecosystem health and long-term resilience of the economy. Through a series of case studies, it details the various innovative policy instruments which can be utilised, including regulations; market-based instruments; incentives; research and innovation support; information exchanges; and support for voluntary approaches. The book also proposes a series of best practices for different countries, both developed and developing, who are implementing their circular economy. |
| examples of natural resources in economics: Principles of Economics in Context Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras, 2015-03-04 Principles of Economics in Context lays out the principles of micro- and macroeconomics in a manner that is thorough, up to date, and relevant to students, attuned to the economic realities of the world around them. It offers engaging treatment of important current topics such as new thinking in behavioral economics, financial instability and market bubbles, debt and deficits, and policy responses to the problems of unemployment, inequality, and environmental sustainability. This new, affordable edition combines the just-released new editions of Microeconomics in Context and Macroeconomics in Context to provide an integrated full-year text covering all aspects of both micro and macro analysis and application, with many up-to-date examples and extensive supporting web resources for instructors and students. Key features include: An eye-opening statistical portrait of the United States; Clear explanation of basic concepts and analytical tools, with advanced models presented in optional chapter appendices; Presentation of policy issues in historical, institutional, social, political, and ethical context--an approach that fosters critical evaluation of the standard microeconomic models, such as welfare analysis, labor markets, and market competition; Issues of human well-being, both domestic and global, are given central importance, enriching the topics and analytical tools to which students are introduced; The theme of sustainability--financial, social, and ecological--is thoroughly integrated in the book, with chapters on alternatives to standard GDP measurement, the environment, common property, public goods, and growth and sustainability in the twenty-first century; Full complement of instructor and student support materials online, including test banks and grading through Canvas. |
| examples of natural resources in economics: Natural Resource Economics Jon M. Conrad, Colin Whitcomb Clark, 1987-11-27 In this book, Jon Conrad and Colin Clark develop the theory of resource economics. |
| examples of natural resources in economics: Environmental and Natural Resources Economics Steven C. Hackett, 1998 Integrating aspects of philosophy, political science, and some environmental science, this text provides a multidisciplinary approach to environmental economics and natural resources policy. Included is a chapter on value systems and the role of ethics. |
| examples of natural resources in economics: Resource and Environmental Economics: Modern Issues and Applications , 2009 This important book deals with the essential principles of resource and environmental economics, provides applications to contemporary issues in this field, and outlines and assesses policies being used or proposed for managing the use of environmental and natural resources. Covering specific contemporary topics such as agriculture and the environment, water use, greenhouse gas management, biodiversity conservation, tourism and the environment, and environmental economics and health, leading issues in resource and environmental economics are outlined and analyzed in an innovative manner. Institutional economics (both new and traditional) is applied and compared with other approaches such as neoclassical economics, behavioral economics and the Austrian School of Economics. This heterogeneous, multi-perspective approach enables problems to be considered from several different angles, thus enhancing the reader's comprehension of the subject matter. Furthermore, using minimal technical jargon, the book takes into account aspects of modern economic analysis such as the costs of and constraints on decision-making and the transaction costs involved in policy implementation.- |
| examples of natural resources in economics: Markets and the Environment, Second Edition Nathaniel O. Keohane, Sheila M. Olmstead, 2016-01-05 A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. ... Now thoroughly revised with updated information on current environmental policy and real-world examples of market-based instruments .... The authors provide a concise yet thorough introduction to the economic theory of environmental policy and natural resource management. They begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability. Readers of the first edition will notice new analysis of cost estimation as well as specific market instruments, including municipal water pricing and waste disposal. Particular attention is paid to behavioral economics and cap-and-trade programs for carbon.--Publisher's web site. |
| examples of natural resources in economics: Resource Abundance and Economic Development R. M. Auty, 2001-06-28 Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exportsboost their capacity to invest and to import.Resource Abundance and Economic Development explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countriesbecause social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policycoherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy.The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. Itdemonstrates the importance of initial conditions to successful economic reform. |
| examples of natural resources in economics: Natural Resource and Environmental Economics Tony Prato, 1999-05-12 Utilizes basic concepts of economics and finance to explain the relationship of the economy to the ecosystem, seeing the ecosystem as imposing biophysical constraints on economic growth. Means of sustainable economic development and sustainable resource use are stressed. Background material and alternative, more efficient, problem-solving approaches are included. |
| examples of natural resources in economics: Natural Resources as Capital Larry Karp, 2017-10-27 An introduction to the concepts and tools of natural resource economics, including dynamic models, market failures, and institutional remedies. This introduction to natural resource economics treats resources as a type of capital; their management is an investment problem requiring forward-looking behavior within a dynamic setting. Market failures are widespread, often associated with incomplete or nonexistent property rights, complicated by policy failures. The book covers standard resource economics topics, including both the Hotelling model for nonrenewable resources and models for renewable resources. The book also includes some topics in environmental economics that overlap with natural resource economics, including climate change. The text emphasizes skills and intuition needed to think about dynamic models and institutional remedies in the presence of both market and policy failures. It presents the nuts and bolts of resource economics as applied to nonrenewable resources, including the two-period model, stock-dependent costs, and resource scarcity. The chapters on renewable resources cover such topics as property rights as an alternative to regulation, the growth function, steady states, and maximum sustainable yield, using fisheries as a concrete setting. Other, less standard, topics covered include microeconomic issues such as arbitrage and the use of discounting; policy problems including the “Green Paradox”; foundations for policy analysis when market failures are important; and taxation. Appendixes offer reviews of the relevant mathematics. The book is suitable for use by upper-level undergraduates or, with the appendixes, masters-level courses. |
| examples of natural resources in economics: Economics, Natural-Resource Scarcity and Development (Routledge Revivals) Edward B Barbier, 2013-06-26 Global warming is an increasing problem, tropical forests are being wiped out and major upper watersheds are being degraded. Using insights provided by environmentalism, ecology and thermo-dynamics, this book – first published in 1989 – outlines an economic approach to the use of natural resources and particularly to the problem of environmental degradation. Edward Barbier reviews and critiques the long past of environmental and resource economics and then goes on to elaborate an economics which allows us to develop alternative strategies for dealing with the problems faced. With examples drawn from Latin America and Indonesia, he not only develops a major theoretical advance but shows how it can be applied. Barbier’s work is an important and relevant contribution to the discussion surrounding the economics of environmental sustainability. |
| examples of natural resources in economics: Environmental and Natural Resource Economics Thomas H. Tietenberg, 2006 This 7th edition offers a wealth of new examples and hot topics, such as genetically modified organisms and the cost effectiveness of new transportion fuels. The international edition also considers environmental problems and policies in Western Europe, China and the developing nations. |
| examples of natural resources in economics: The Economics of Nonrenewable Resources Robert Halvorsen, 2018 The economics of nonrenewable resources addresses some of the most problematic issues concerning the sustainability of the world economy. This comprehensive one volume collection contains forty-six of the most important and influential journal articles by some of the leading scholars in the field. Subjects included are: an introduction to the economics of nonrenewable resources; theoretical foundations for the field; nonhomogeneous resources; exploration and uncertainty; market structure; taxation and global climate change. The collection concludes with a discussion of the empirical research and the extent to which nonrenewable resources constrain economic growth as well as the consistency of the theoretical predictions of Hotelling-type models with actual economic outcomes. With an original introduction by the editor, this collection will be an important resource for students, academics and practitioners. |
| examples of natural resources in economics: Social Movements Contesting Natural Resource Development John F. Devlin, 2019-10-22 Presenting a broad range of case studies, this book explores rural social movements contesting natural resource development initiatives. Natural resource development takes multiple forms, including infrastructure corridors, mines, dams, resource processing plants and pipelines. Many of which are driven by economic valuations, whilst social and environmental effects are given limited consideration. In this volume the authors discuss the emergence, process and outcomes of social movements with respect to these natural resource development projects, including examples of confrontation seeking to either block developments or promote alternative development approaches, such as agritourism. The examples taken from Africa, Asia, North America, Europe and Latin America demonstrate the diversity of struggles stimulated by natural resource development, including both immediate and longer-term effects, repertoires of action, political and cultural work. Taken together the case studies provide a rich overview of current movements engaged in resisting the neoliberal agenda of global resource exploitation. This book will be key reading for scholars interested in social movements, natural resource development, environmental policy and development studies. It will also be of interest to activists engaged in mobilizations stimulated by natural resource development projects. |
| examples of natural resources in economics: Little Nino's Pizzeria Karen Barbour, 1990-03-15 Tony likes to help his father at their small family restaurant, but everything changes when Little Nino's Pizzeria becomes a fancier place. Barbour's vibrant artwork is packed with color and energy. |
| examples of natural resources in economics: Natural Resource Pricing and Rents Andrey Vavilov, Georgy Trofimov, 2021-08-03 This book examines the economics of natural resource markets and pricing, as well as the field of natural resource economics in general. It presents the key contributions to this field of research, including the pioneering works and contemporary studies. The book highlights the basic principles and ideas underlying theoretical models of resource pricing. The models considered in the book underline the fundamental determinants of resource prices and the economic nature of rents for non-renewable and renewable resources. Besides the classical theory of exhaustible resource economics, the book includes several issues that are of high importance for global economic growth, such as the transition to alternative energy and the economics of climate change. The authors also consider the issues of commodity pricing and a resource cartel’s activity that are relevant to the world oil market. The book provides analytical solutions illustrated with numerical examples. It allows an intuitive understanding of the subject and the model inferences through graphical illustrations and an informal introduction. It, therefore, is a must-read for everybody interested in a better understanding of resource prices, resource markets, and resource economics. |
| examples of natural resources in economics: Environmental and Natural Resources Economics Steven C. Hackett, 2001 With over 25% new material, this new edition of Environmental and Natural Resources Economics offers an accessible and balanced treatment of economic theory and policy relating to the environment, as well as a thorough overview of the economics of sustainability. Intended for both students and practioners, the book has been completely updated to include discussion and analysis of the latest U.S. and international environmental policy initiatives -- such as the Kyoto Protocol--and how they affect the global economy. Fully-integrated web source linkages have also been added throughout to enable all readers to make better use of the book's own website and a myriad of other available internet resources for research and supplemental reading on this crucial subject |
| examples of natural resources in economics: Introduction to Forestry and Natural Resources Donald L. Grebner, Pete Bettinger, Jacek P. Siry, Kevin Boston, 2021-01-19 Introduction to Forestry and Natural Resources, Second Edition, presents a broad, completely updated overview of the profession of forestry. The book details several key fields within forestry, including forest management, economics, policy, utilization and forestry careers. Chapters deal specifically with forest regions of the world, landowners, forest products, wildlife habitats, tree anatomy and physiology, and forest disturbances and health. These topics are ideal for undergraduate introductory courses and include numerous examples and questions for students to ponder. There is also a section dedicated to forestry careers. Unlike other introductory forestry texts, which focus largely on forest ecology rather than practical forestry concepts, this book encompasses the economic, ecological and social aspects, thus providing a uniquely balanced text. The wide range of experience of the contributing authors equips them especially well to identify missing content from other texts in the area and address topics currently covered in corresponding college courses. - Covers the application of forestry and natural resources around the world with a focus on practical applications and graphical examples - Describes basic techniques for measuring and evaluating forest resources and natural resources, including fundamental terminology and concepts - Includes management policies and their influence at the local, national and international levels |
| examples of natural resources in economics: Environmental and Natural Resource Economics Frank A. Ward, 2006 Environmental and natural resources have dramatically influenced consumer decisions, personal lifestyles, corporate planning and public policy over recent years. This text introduces the economic theories and methods of analysis economists use to approach these issues. |
| examples of natural resources in economics: Lecture Notes on Resource and Environmental Economics Anthony C. Fisher, 2020-06-26 This book, based on lectures on natural and environmental resource economics, offers a nontechnical exposition of the modern theory of sustainability in the presence of resource scarcity. It applies an alternative take on environmental economics, focusing on the economics of the natural environment, including development, computation, and potential empirical importance of the concept of option value, as opposed to the standard treatment of the economics of pollution control. The approach throughout is primarily conceptual and theoretical, though empirical estimation and results are sometimes noted. Mathematics, ranging from elementary calculus to more formal dynamic optimization, is used, especially in the early chapters on the optimal management of exhaustible and renewable resources, but results are always given an economic interpretation. Diagrams and numerical examples are also used extensively. The first chapter introduces the classical economists as the first resource economists, in their discussion of the implications of a limited natural resource base (agricultural land) for the evolution of the wider economy. A later chapter returns to the same concerns, along with others stimulated by the energy and environmental “crises” of the 1970s and beyond. One section considers alternative measures of resource scarcity and empirical findings on their behavior over time. Another introduces the modern concept of sustainability with an intuitive development of the analytics. A chapter on the dynamics of environmental management motivates the concept of option value, shows how to compute it, then demonstrates its importance in an illustrative empirical example. The closing chapter, on climate change, first projects future changes and potential catastrophic impacts, then discusses the policy relevance of both option value and discounting for the very long run. This book is intended for resource and environmental economists and can be read by interested graduate and advanced undergraduate students in the field as well. |
| examples of natural resources in economics: Environmental Economics Nick Hanley, Jason F. Shogren, Benedict White, 1997 Environmental Economics in Theory and Practice provides a thorough and coherent review and discussion of environmental economics. It is a guide to the most important areas of natural resource and environmental economics, including the economics of non-renewable and renewable resource extraction, the economics of pollution control, the application of cost-benefit analysis to the environment, and the economics of sustainable development. The book concentrates on key elements of economic theory, and shows how they can be applied to real-world problems. Particular emphasis is placed on analyzing recent empirical studies from all over the world along with in-depth coverage of various economic models. Each chapter develops the main theoretical results and recent analytic techniques necessary for understanding applications. Throughout the book, results are presented in words, graphs, and mathematical models; brief technical notes inform readers about optimal control theory, the Kuhn-Tucker conditions, game theory, and linear programming. Moving through the laws of thermodynamics to an analysis of market failure, the book turns to the economics of natural resources and pollution control. It concludes with an examination of environmental cost-benefit analysis and sustainable development. A comprehensive text, it is particularly suitable for use in advanced undergraduate and graduate courses in environmental and resource economics. Because of up-to-date coverage, it will also be of interest to professionals working in resource and environmental economics. |
| examples of natural resources in economics: Environmental Economics: The Essentials Tom Tietenberg, Lynne Lewis, 2019-08-01 Environmental Economics: The Essentials offers a policy-oriented approach to the increasingly influential field of environmental economics that is based upon a solid foundation of economic theory and empirical research. Students will not only leave the course with a firm understanding of environmental economics, but they will also be exposed to a number of case studies showing how underlying economic principles provided the foundation for specific environmental and resource policies. This key text highlights what insights can be derived from the actual experience. Key features include: Extensive coverage of the major issues including climate change, air and water pollution, sustainable development, and environmental justice; Introductions to the theory and method of environmental economics including externalities, experimental and behavioral economics, benefit-cost analysis, and methods for valuing the services provided by the environment; Boxed ‘Examples’ and ‘Debates’ throughout the text which highlight global examples and major talking points. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book, as well as with multiple-choice questions, simulations, references, slides, and an instructor’s manual on the Companion Website. This text is adapted from the best-selling Environmental and Natural Resource Economics, 11th edition, by the same authors. |
| examples of natural resources in economics: Resource Economics John C. Bergstrom, Alan Randall, 2016-06-24 Resource Economics engages students and practitioners in natural resource and environmental issues from both local and global standpoints. The fourth edition of this approachable but rigorous text provides a new focus on risk and uncertainty as well as new applications that address the effect of new energy technologies on scarcity and climate change mitigation and adaptation, while preserving and systematically updating the approach and key features that drew many thousands of readers to the first three editions. |
| examples of natural resources in economics: OECD Green Growth Studies Material Resources, Productivity and the Environment OECD, 2015-02-12 This book provides a factual analysis of material flows and resource productivity in OECD countries in a global context. |
| examples of natural resources in economics: Teaching Environmental and Natural Resource Economics Bergstrom, John C., Whitehead, John C., 2022-01-13 Teaching Environmental and Natural Resource Economics is a significant contribution to the literature of economics education. Theory and practice, teaching activities and exercises, and pro teaching tips are clearly and expertly presented. This guide will prove invaluable in helping students gain a better understanding of the theory and practice of environmental and natural resource economics. |
| examples of natural resources in economics: The Economics of Water Resources Ariel Dinar, Yacov Tsur, 2021-04-15 Population growth and rising living standards, on the one hand, and changing climate, on the other hand, have exacerbated water scarcity worldwide. To address this problem, policymakers need to take a wide view of the water economy – a complex structure involving environmental, social, economic, legal, and institutional aspects. A coherent water policy must look at the water economy as a whole and apply a comprehensive approach to policy interventions. Written by two of the world's leading scholars on economics of water, this is the first graduate-level textbook on the topic. The book discusses water resource management within a comprehensive framework that integrates the different, yet highly entwined, elements of a water economy. It follows the steps needed to develop a well-designed set of policies based on detailed analyses of intervention measures, using multi-sectoral and economy-wide examples from a variety of locations and situations around the world. |
| examples of natural resources in economics: Scarcity and Growth Harold J. Barnett, Chandler Morse, 2013-10-18 In this classic study, the authors assess the importance of technological change and resource substitution in support of their conclusion that resource scarcity did not increase in the Unites States during the period 1870 to 1957. Originally published in 1963 |
| examples of natural resources in economics: Poverty in the Philippines Asian Development Bank, 2009-12-01 Against the backdrop of the global financial crisis and rising food, fuel, and commodity prices, addressing poverty and inequality in the Philippines remains a challenge. The proportion of households living below the official poverty line has declined slowly and unevenly in the past four decades, and poverty reduction has been much slower than in neighboring countries such as the People's Republic of China, Indonesia, Thailand, and Viet Nam. Economic growth has gone through boom and bust cycles, and recent episodes of moderate economic expansion have had limited impact on the poor. Great inequality across income brackets, regions, and sectors, as well as unmanaged population growth, are considered some of the key factors constraining poverty reduction efforts. This publication analyzes the causes of poverty and recommends ways to accelerate poverty reduction and achieve more inclusive growth. it also provides an overview of current government responses, strategies, and achievements in the fight against poverty and identifies and prioritizes future needs and interventions. The analysis is based on current literature and the latest available data, including the 2006 Family Income and Expenditure Survey. |
| examples of natural resources in economics: Wasting Assets Robert C. Repetto, 1989 |
| examples of natural resources in economics: Leave No One Behind Homi Kharas, John W. McArthur, Izumi Ohno, 2019-10-29 The ambitious 15-year agenda known as the Sustainable Development Goals, adopted in 2015 by all members of the United Nations, contains a pledge that “no one will be left behind.” This book aims to translate that bold global commitment into an action-oriented mindset, focused on supporting specific people in specific places who are facing specific problems. In this volume, experts from Japan, the United States, Canada, and other countries address a range of challenges faced by people across the globe, including women and girls, smallholder farmers, migrants, and those living in extreme poverty. These are many of the people whose lives are at the heart of the aspirations embedded in the 17 Sustainable Development Goals. They are the people most in need of such essentials as health care, quality education, decent work, affordable energy, and a clean environment. This book is the result of a collaboration between the Japan International Cooperation Research Institute and the Global Economy and Development program at Brookings. It offers practical ideas for transforming “leave no one behind” from a slogan into effective actions which, if implemented, will make it possible to reach the Sustainable Development Goals by 2030. In addition to policymakers in the field of sustainable development, this book will be of interest to academics, activists, and leaders of international organizations and civil society groups who work every day to promote inclusive economic and social progress. |
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Examples - Apache ECharts
Examples; Resources. Spread Sheet Tool; Theme Builder; Cheat Sheet; More Resources; Community. Events; Committers; Mailing …
Examples - Apache ECharts
Examples; Resources. Spread Sheet Tool; Theme Builder; Cheat Sheet; More Resources; Community. Events; Committers; Mailing List; How to Contribute; Dependencies; Code Standard; Source Code (GitHub) Issues …
Apache ECharts
ECharts: A Declarative Framework for Rapid Construction of Web-based Visualization. 如果您在科研项目、产品、学术论文、技术报告、新闻报告、教育、专利以及其他相关活动中使用了 Apache ECharts，欢迎引用本论文。
Events - Apache ECharts
Examples; Resources. Spread Sheet Tool; Theme Builder; Cheat Sheet; More Resources; Community. Events; Committers; Mailing …
Natural Resources as Capital: Theory and Policy
mental economics text, while still emphasizing natural resource topics. For example, the problem of climate change involves resource stocks, and there-fore falls under the rubric of natural …
Lesson 1 - What Are Productive Resources? - University of …
resources Economics 1. Scarcity: Productive resources are lim-ited. Therefore, people cannot have all the goods and services they want; as a result, they must choose some things and give …
Thesis topics at the Environmental Economics and Natural …
the Environmental Economics and Natural Resources Group (ENR). The brochure is by no means meant as an exhaustive list of thesis topics. You are always free to suggest a topic by yourself! …
Natural Resources and Economic Growth - University of …
Natural Resources and Economic Growth: Theory and Evidence∗ Dustin Chambers† and Jang-Ting Guo‡ September 3, 2007 ∗W e are i ndebted t oSh u-H a C hd R ichard Sue for helpful …
Chapter 1 Basic economic ideas and resource
Factors of production are resources used to produce goods and services: Land covers all natural resources for example, the surface of the earth, the sea, rivers, minerals below the earth. Most …
Economics of Non-renewable Resources: Conditions for …
quantities. Examples of nonrenewable resources include crude oil, natural gas, coal, and uranium. These are all resources that are processed into products that can be used commercially The …
THE LORAX and SUSTAINABLE DEVELOPMENT - Texas …
9. The use of technology requires the use of natural resources. The use of natural resources often has an effect on the environment. How did the production of thneeds affect a key biotic (i.e., …
131616 Econ r4 12/9/05 12:02 PM Page 1 What Economics Is …
Understanding the Basics of Our Economic System 1 What Economics Is About Scarcity Every society is endowed with resources which are used to produce the goods and services that …
Copyright © 2019 Global Development And Environment …
Yet natural resources are essential to production: agriculture requires productive soils; industry requires fuels, water, and minerals; consumers need ... who studied economics during the …
Resource and Environmental Economics : Modern Issues and …
of natural resources emerged. Analysis was extended in relation to the economics of mining, the economics of utilizing natural forests, and wild fish stocks and the role of natural resource use …
Basic models: Intertemporal optimization and resource …
Optimal management of resources Introductory remarks From Ramsey to Hotelling: why we need optimal control I We need to optimize investments and consumption over many time periods I …
Third Grade, Unit 7 Economics 101 - Georgia Standards
1 – There are three kinds of resources used in creating products and providing services: Natural, human, and capitol resources. Post these three labels on chart paper or the white board and …
ENT827 NATURAL RESOURCE UTILIZATION - nou.edu.ng
Natural Resources are resources that are found in the environment and are developed without the intervention of humans. Common examples of natural resources include air, sunlight, water, …
Lecture 7: Externalities - Scholars at Harvard
EXTERNALITY THEORY: ECONOMICS OF NEGATIVE PRODUCTION EXTERNALITIES Negative production externality: When a firm’s production reduces the well-being of others …
Natural Resources - Virginia Tech
resources mean. They also will discuss why it is important to use natural resources in a sustainable way. Objectives: In this lesson students will: U Define sustainable yield and …
Environmental and resource economics in South Africa: …
economics, such as ecological economics, institutional economics and evolutionary economics, are also concerned with the natural environment, environmental economics focuses …
Natural Resource Economics An Introduction Copy
Natural Resource Economics Barry C. Field,2023-07-31 The connection between humans and the earth s natural resources is a topic of vital interest Concern once centered on whether there …
Economics Unit 2 Fundamentals - Georgia Standards
a. Define scarcity as a basic condition that exists when unlimited wants exceed limited productive resources. b. Define and give examples of productive resources (i.e. factors of production): …
Environmental Resource Allocation Efficiency and Sustainable …
By introducing the overview of environmental and natural resource economics in Chap. 1 and the analysis of environmental resource benefit assessment in Chap. 2, ... Typical examples are …
Economic Instruments for Environmental and Natural …
Natural resource damage liability This liability generally relates to injury, destruction, loss, or loss of use of natural resources that do not constitute private property. Rather, the resources must …
Using resource economics for natural resource management: …
species, economics about profits, budgets and accounts, and that the two had nothing in common. In fact, a key component of environmental management is sustainable use of natural …
Types of values and valuation methods for environmental …
goods and services of the natural forests and woodlands of Swaziland, such as environmental protection. Natural resource accounts for the state and economic contri-bution of forest and …
Unit 1
2. List the three basic categories of productive resources. 3. Give examples of natural resources (land), human resources (labor), and capital resources. 4. Diagram the basic Production …
Edella Schlager and Elinor Ostrom - JSTOR
Property-Rights Regimes and Natural Resources: A Conceptual Analysis Edella Schlager and Elinor Ostrom ABSTRACT. The term "common-property re-source" is an example of a term …
EMT 301 PRINCIPLES OF NATURAL RESOURCES …
Exhaustive natural resources are limited in supply and can be exhausted or diminished by human activities overtime. Examples of these exhaustive natural resources include coal, natural gas, …
Over-exploitation of natural resources is followed by …
natural resources due to the future transition might be so large that it will significantly affect social welfare and economic growth. In turn, since discount rates depend on welfare and …
Economic valuation of ecological functions - IUCN
The economic valuation of natural ecosystems looks into resource allocation in a way that will sustainably improve human well-being without degrading natural resources. It is therefore …
COMMUNITY-BASED INCENTIVES FOR NATURE …
Status and availability of natural resources: - What is the state of natural resources? - Which resources are plentiful? - Which resources are scarce? - Which resources are degraded? - …
Community-Based Natural Resource Management: Case …
Feb 18, 2008 · management, humans are a part of the landscape, and participation by humans in natural resource management is a viable and necessary endeavor (Berkes, 2004; and …
Land Resource Management - College of Agriculture and …
with the advent of the New Economy where natural resources, without alteration or consumption, are key attractors of critical factors that drive contemporary economic growth. Dr. Adelaja, as …
Estimating Nonmarket Environmental Values - Bureau of Land …
estimates of the benefits individuals attribute to experiences of the environment or uses of natural resources that do not involve market transactions and therefore lack prices. Examples include …
Forest Economics: Giving Content to the Relationship …
Various branches of economics are present in forest economics research. Work done in the field may apply microeconomics, macroeconomics, welfare economics, development economics, …
Natural Resource and Environmental Economics - Delhi …
Rev. ed. of: Natural resource and environmental economics / Roger Perman, Yue Ma, James McGilvray. 1996. Includes bibliographical references and index. ISBN 0-273-65559-0 (pbk.) 1. …
Living standards - Oxford University Press
natural resources have a bearing on the wealth that can be created and the living standard. As mentioned in Chapter 2, Australia has large supplies of natural resources such as coal, iron, …
What Are the Four Factors of Production? - Wichita State …
Capital as a factor of production refers to capital goods, or man-made resources, such as tools and . infrastructure, used in the production of a good or service. Petersmarck gives examples …
Lecture Notes On Environmental And Natural Resources …
Environmental and Natural Resource Economics Thomas H. Tietenberg,Lynne Lewis,2018-03-13 Environmental and Natural Resource Economics is the best-selling text for natural resource …
Dynamic optimization in natural resources management - LMU
renewable one. The purpose of this paper is the presentation of some natural resources dynamic models in order to extract the optimal trajectories of the state and control variables for the …
Natural Resource Scarcity - University of Oxford
on the natural world will exceed some inherent natural limit and prove a bottleneck to economic growth – and by extension, civilisation as we know it. For a great many observers, this …
Public Goods - Yale University
These examples stand alongside the classic public goods of lighthouses, national defense, and knowledge. In some cases, however, it is reasonable to question whether environmental …
LECTURE SERIES IN ENVIRONMENTAL ECONOMICS - AERC
Definition and classification of environmental and natural resources 1.1.2. Evolution of environmental economics 1.1.3. Paradigms and basic concepts related to the interaction …
Q.1. What Is Environmental Economics? - rahacollege.co.in
and protection of the world's natural resources. Economics, broadly speaking, is the study of how humans produce and consume goods and services. Environmental economics focuses on how …
ECN 275/375 summary: Natural resource economics - NMBU
Natural resource economics Eirik Romstad School of Economics and Business ... maximize net present value of rents (or utility) from utilizing natural resources or recipient services with a set …
Economic Understandings
goods and services, the factors of production or productive resources. The factors of production are natural resources, capital goods, human re-sources, and entrepreneurship. Individuals, …
Definition Of Natural Resources In Economics (2024)
natural resources Natural Resource Economics Jon M. Conrad,Daniel Rondeau,2020-01-30 Presents models of renewable and non renewable resources and provides analytical methods …
Orientation Programme on Natural Resource and …
Lecture Notes on Natural Resource and Environmental Economics by Gourav Kumar Vani 2. Unique properties of natural resources (concept of excludability & rivalry, Types of goods …
UNIT 1
1. Natural Resource — A natural resource is a gift of nature that is used to produce a good or service. Students often have difficulty differentiating a natural resource from a capital resource. …
