Economics of the Environment Selected Readings Seventh Edition

Introduction: Environmental economic science and the part of government

Kolstad, chapters ane, 2, and iii.

Oates, Wallace E. "Introduction: An Economical Perspective on Ecology and Resource Management." In RFF.

Cropper, Maureen Fifty., and Wallace E. Oates. "Ecology Economics: A Survey." Journal of Economic Literature 30 (1992): 675-740.

Portney, Paul R., and Robert Due north. Stavins, eds. "Introduction." Chapter one in Public Policies for Environmental Protection. 2nd ed. Resources for the Future, 2000. ISBN: 9781891853036.

Portney, Paul R. "EPA and the Evolution of Federal Regulation." Affiliate 2 in Public Policies for Environmental Protection. Edited by Paul Portney and Robert Stavins. 2nd ed. Resources for the Future, 2000. ISBN: 9781891853036.

Economic efficiency and benefit-cost assay

Kolstad, chapters 4 and vi.

Benefit cost analysis

Arrow, Kenneth, et al. "Is there a Role for Do good-Toll Analysis in Ecology Health, and Rubber Regulation?" Science 272 (1996): 221-222.

Farrow, Scott, and Michael Toman. "Using Benefit-Toll Analysis to Ameliorate Environmental Regulation." Surroundings 2, no. 41 (1999): 12-fifteen, and 33-37.

Greenstone, Michael. "Effective Regulation through Apparent Cost-Benefit Analysis." Mimeograph, MIT, 2008.

Kelman, Steven. "Toll-Benefit Assay: An Upstanding Critique." Affiliate 15 in EESR.

Revesz, Richard, and Michael Livermore. Retaking Rationality: How Cost Benefit Analysis Can Ameliorate Protect the Environment and Our Health. Oxford University Press, 2008. ISBN: 9780195368574.

Viscusi, W. Kip. "Regulating the Regulators." Academy of Chicago Law Review 63 (1996): 1423-1461.

Ackerman, Frank, and Lisa Heinzerling. Priceless: On Knowing the Toll of Everything and the Value of Nothing. The New Press, 2005. (Read capacity 1, 2, and ix) ISBN: 9781565849815.

Sunstein, Cass. "Your Money or Your Life." The New Democracy 230, no. 9 (2004): 27-30. (Review of Ackerman and Heinzerling's Priceless: On Knowing the Price of Everything and the Value of Nothing.)

"What Price Posterity." Economist, March 23, 1991, p. 73, 1002 words.

"Creating Incentives." Economist, May 29, 1993, p. xiii, 1414 words.

Brennan, Timothy. "Discounting the Future: Economics and Ethics." In RFF.

Sustainability

Arrow, Kenneth, Partha Dasgupta, et al. "Are We Consuming As well Much?" Journal of Economic Perspectives 118, no. three (2004): 147-172.

Solow, Robert M. "Sustainability: An Economist'due south Perspective." Chapter 5 in EESR.

Public goods and externalities

Kolstad, chapter 5.

Coase, Ronald H. "The Trouble of Social Cost." The Periodical of Police and Economic science 3 (1960): 1-44.

The optimal regulation of pollution

Kolstad, chapters eleven, 12, 13, fourteen, and 15.

Choice of policy instruments

Barthold, Thomas A. "Issues in the Pattern of Ecology Excise Taxes." Journal of Economic Perspectives 8, no. 1 (1994): 133-51.

Cohen, Marker A. "Monitoring and Enforcement of Environmental Policy." Mimeograph, Vanderbilt University, 1998.

Fullerton, Don, and Thomas C. Kinnaman. "Household Response to Pricing Garbage by the Bag." American Economical Review 86, no. 4 (1996): 971-84.

Fullerton, Don, and Sarah Due west. "Tax and Subsidy Combinations for the Control of Car Pollution." NBER Working Paper No. 7774, July 2000.

Sandel, Michael J. "It's Immoral to Buy the Right to Pollute." Chapter 19 in EESR.

Tietenberg, Thomas H. "Economic Instruments for Environmental Regulation." Chapter xvi in EESR.

Wiener, Jonathan. "Global Merchandise in Greenhouse Gas Control: Marketplace Merits and Critics' Concerns." Resources 129 (1997): 13-16.

"Make clean and Greenish, or Lean and Mean?" The Economist, December 12, 1992, p. 73.

"Taxes for a Greener Environs." The Economist, June 28, 1997, p. 84.

The double dividend hypothesis

Goulder, Lawrence H. "Environmental Policy Making in a 2nd-All-time Setting." Journal of Applied Economics 1, no. 2 (1998): 279-328.

Morgenstern, Richard D. "Environmental Taxes: Is In that location a Double Dividend?" Environment 38, no. 3 (1996): 16-20, and 32-34.

Passell, Peter. "When the Benefits are Mostly Pocket-sized, What Cost Clean Air?" New York Times, April 3, 1997, pp. D2.

The SO2 experiments

Schmalensee, et al. "An Interim Evaluation of Sulfur Dioxide Emissions Trading." Periodical of Economical Perspectives 12, no. iii (1998): 53-68.

Stavins, Robert Due north. "What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading." Periodical of Economic Perspectives 12, no. 3 (1998): 69-88.

Risk, uncertainty, and liability

Kolstad, affiliate 18.

Freeman, A. Myrick, and Paul R. Portney. "Economics Clarifies Choices virtually Managing Risk." In RFF.

International and interregional contest: Is there a race to the bottom?

Kolstad, chapter 19.

Oates, Wallace E., and Robert M. Schwab. "Economic Competition Amidst Jurisdictions: Efficiency Enhancing or Baloney Inducing?" Periodical of Public Economics 35, no. 3 (1998): 333-354.

Practice environmental regulations tiresome local economic activity?

Greenstone, Michael. "The Impacts of Ecology Regulations on Industrial Activity: Evidence from the 1970 and 1977 Clean Air Act Amendments and the Census of Articles." Journal of Political Economy 110 (2002): 1175-1219.

Henderson, J. Vernon. "Effects of Air Quality Regulation." American Economic Review 86 (1996): 789-813.

Does merchandise harm the surroundings?

Bhagwati, Jagdish, and Herman Daly. "Argue: Does Complimentary Trade Harm the Environment?" Scientific American 269, no. 5 (1993): 41-57.

Sanger, David East. "Trade Grouping Orders U.Due south. to Change Constabulary for First Time." New York Times, January eighteen, 1996, pp. D1.

Copeland, Brian, and Thou. Scott Taylor. "Trade, Growth, and the Environment." Journal of Economic Literature 42, no. 1 (2004): 7-71.

Antweiler, Werner, Brian Copeland, and Scott Taylor. "Is Free Trade Good for the Surroundings?" American Economic Review 91, no. 4 (2001): 877-908.

Run across likewise: http://en.wikipedia.org/wiki/Summers_memo

Environment, growth, and development

Kolstad, chapter 20.

Income effects and ecology Kuznets curves

Grossman, Gene, and Alan Krueger. "Economic Growth and the Environment." Quarterly Journal of Economics 110, no. 2 (1995): 353-377.

Levinson, Arik. "The Ups and Downs of the Environmental Kuznets Bend." Mimeograph, Georgetown University, 2000.

"Dirt Poor." Economist, March 21, 1998, pp. S3S5.

Productivity growth/Porter hypothesis

Jorgenson, Dale W., and Peter J. Wilcoxen. "Ecology Regulation and U.South. Economic Growth." Rand Journal of Economics 21 (1990): 314-40.

Gardiner, David, and Paul R. Portney. "Does Environmental Policy Conflict with Economic Growth." In RFF.

Stavins, Robert, Judson Jaffe, and Todd Schatzki. "Also Proficient to be True? An Examination of 3 Economic Assessments of California Climate Change Policy." NBER Working Paper No. 13587, Nov 2007.

Buy at MIT Press Jaffe, Adam B., Richard G. Newell, and Robert N. Stavins. "Engineering science Policy for Free energy and the Surround." In Innovation Policy and the Economy. Vol. iv. Edited by Adam B. Jaffe, Josh Lerner, and Scott Stern. MIT Printing, 2004. ISBN: 9780262600606.

Porter, Michael E., and Class Van der Linde. "Toward a New Conception of the Environment-Competitiveness Relationship." Periodical of Economic Perspectives 9, no. 4 (Autumn 1995): 97-118.

Palmer, Karen, Wallace E. Oates, and Paul R. Portney. "Tightening Environmental Standards: The Benefit-Cost or the No-Cost Image?" Journal of Economic Perspectives 9, no. 4 (1995): 119-32.

Green national bookkeeping

"An Invaluable Environs." Economist, Apr eighteen, 1998, pp. 75.

Hecht, Joy. "Ecology Accounting: Where We Are Now, Where We Are Heading." Resources 135 (1999): 14-17.

Corruption, monitoring, and enforcement

Kolstad, affiliate sixteen.

Oliva, Paulina. Environmental Regulations and Corruption: Automobile Emissions in Mexico Urban center. Working Paper. Academy of California Santa Barbara, 2010.

Olken, Ben. "Monitoring Abuse: Evidence from a Field Experiment in Indonesia." Journal of Political Economy 115, no. 2 (2007): 200-249.

Air and h2o pollution in developing countries

Ahuja, Amrita, Michael Kremer, and Alix Peterson Zwane. "Providing Safe H2o: Show from Randomized Evaluations." Working Paper. Harvard Academy, Apr 2010.

Kremer, Michael, Jessica Leino, Edward Miguel, and Alix Peterson Zwane. "Spring Cleaning: Rural Water Impacts, Valuation, and Belongings Rights Institutions." Working Paper. Harvard Academy, 2010.

Davis, Lucas. "The Furnishings of Driving Restrictions on Air Quality in United mexican states Urban center." Journal of Political Economy 116, no. ane (2008): 38-81.

The measurements of benefits

Kolstad, chapter 7.

Braden, John B., Charles D. Kolstad, and David Miltz. 1998. "Introduction." Affiliate 1 in Measuring the Need for Ecology Quality. Edited by John B. Braden and Charles D. Kolstad. Emerald Grouping Publishing Limited, 1998. ISBN: 9780444888778.

Smith, Five. Kerry. "Nonmarket Valuation of Environmental Resources: An Interpretive Appraisement." Land Economics 69, no. ane (1993): ane-26.

"Are You Existence Served?" Economist, April 23, 2005, p. 76.

"Treasuring the Environs." Economist, March 3, 1990, p. 71.

"A Toll on the Priceless?" Economist, August 17, 1991, p. 61.

Hedonic price indices

Kolstad, chapter 8.

Ashenfelter, Orley, and Michael Greenstone. "Using Mandated Speed Limits to Measure the Value of a Statistical Life: Evidence from the Introduction of the 65-mph Speed Limit on Rural Interstates." NBER Working Paper No. 9094, August 2002.

Chay, Kenneth, and Michael Greenstone. "Does Air Quality Thing? Prove from the Housing Marketplace." Mimeograph, University of Chicago, 2004.

Freeman III., A Myrick. "Property Value Models." Chapter 11 in The Measurement of Ecology and Resource Values. RFF Press, 1993. ISBN: 9780915707690.

Greenstone, Michael, and Justin Gallagher. "Does Chancy Waste Matter? Evidence from the Housing Market and the Superfund Program." Quarterly Journal of Economic science 123, no. 3 (2008): 951-1003.

van Houtven, George L., and Maureen Cropper. "When is a Life Also Costly to Save? The Evidence from Ecology Regulations." In RFF.

Viscusi, W. Kip. "The Value of Risks to Life and Health." Periodical of Economic Literature 31 (1993): 1912-1946.

Household production

Kolstad, chapter 9.

Dickie, Mark, and Shelby Gerking. "Willingness to Pay for Ozone Control: Inferences from the Demand for Medical Intendance." Journal of Environmental Economics and Management 21, no. 1 (1991): 1-16.

Johanneson, Magnus, Per-Olov Johansson, Bengt Kristom, and Tore Soderqvist. "Valuing Changes in Wellness: Theoretical and Empirical Bug." In Current Issues in Ecology Economics. Edited by Per-Olov Johansson, Bengt Kristom, and Karl-Goran Maler. Manchester University Press, 1995. ISBN: 9780719038457.

Smith, 5. Kerry. "Household Production Functions and Environmental Benefit Estimation." Chapter iii in Measuring the Need for Environmental Quality. Edited past John B. Braden and Charles D. Kolstad. Emerald Grouping Publishing Express, 1998. ISBN: 9780444888778.

Contingent valuation

Kolstad, affiliate 10.

Portney, Paul R. "The Contingent Valuation Debate: Why Economists Should Care." Journal of Economical Perspectives 8, no. iv (1994): 3-17.

Hanemann, Michael W. "Valuing the Environs Through Contingent Valuation." Journal of Economical Perspectives 8, no. 4 (1994): xix-43.

Diamond, Peter A., and Jerry A. Hausman. "Contingent Valuation: Is Some Number Better than No Number?" Journal of Economical Perspectives eight, no. iv (1994): 45-64.

"The Price of Imagining Arden." Economist, December 3, 1994, p. 80.

Theory of renewable and non-renewable natural resources

Sweeney, James. "Economic Theory of Depletable Resources: An Introduction." Chapter 17 in Handbook of Natural Resource and Energy Economics. Vol. Three. Edited past Allen V. Kneese and James L. Sweeney. Elsevier Science Publishers, 1993. ISBN: 9780444878007.

Heal, Geoffrey. "The Optimal Apply of Exhaustible Resource." Affiliate eighteen in Handbook of Natural Resource and Energy Economics. Vol. III. Edited by Allen V. Kneese and James Fifty. Sweeney. Elsevier Science Publishers, 1993. ISBN: 9780444878007.

Munro, Gordon, and Anthony Scott. "The Economics of Fisheries Management." Chapter 14 in Handbook of Natural Resource and Energy Economics. Vol. III. Edited by Allen V. Kneese and James L. Sweeney. Elsevier Science Publishers, 1993. ISBN: 9780444878007.

Slade, Margaret E., and Henry Thille. "Whither Hotelling: Tests of the Theory of Exhaustible Resources." Working Newspaper. University of British Columbia, 2009.

Policy application: Practise the benefits of the regulation of airborne particulate matter exceed the costs?

Arrow, Kenneth, et al. "Brief Amici Curiae" to the U.S. Supreme Court. AEI-Brookings Joint Center for Regulatory Studies, Washington DC, July 2000.

Chay, Kenneth, Carlos Dobkin, and Michael Greenstone. "The Make clean Air Act of 1970 and Adult Mortality." Journal of Risk and Uncertainty 27, no. 3 (2003): 279-300.

Chay, Kenneth, and Michael Greenstone. "The Impact of Air Pollution on Babe Mortality: Evidence from Geographic Variation in Pollution Shocks Induced past a Recession." Quarterly Journal of Economics 118, no. 3 (2003): 1121-1167.

———. "Air Quality, Infant Mortality, and the Clean Air Act of 1970." NBER Working Newspaper No. 10053, October 2003.

Dockery, Douglas W., et al. "An Association Between Air Pollution and Mortality in Six U.Due south. Cities." The New England Journal of Medicine 329, no. 24 (1993): 1753-1759.

Lippmann, Morton, Kazuhiko Ito, Arthur NĂ¡das, and Richard T Burnett. "Association of Particulate Affair Components with Daily Bloodshed and Morbidity in Urban Populations." Health Effects Institute, Report No. 95, 2000. (Read pp. ane-38 only.)

Policy application: Climate alter

Reinhardt, Forest, Gunnar Trumbull, Mikell Hyman, Patia McGrath, and Nazli Zeynep Uludere. "The Political Economy of Carbon Trading." Harvard Business Schoolhouse Case. Harvard Business organisation Schoolhouse Publishing. Case: 9-710056, April 27, 2011.

Costs of global warming

Mendelsohn, Robert, William D. Nordhaus, and Daigee Shaw. "The Impact of Global Warming on Agronomics: A Ricardian Approach." American Economical Review 84 (1994): 753-771.

Deschenes, Olivier, and Michael Greenstone. "The Economical Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather." American Economic Review 97, no. 1 (2007): 354-385.

———. "Climate change, Bloodshed, and Accommodation: Evidence from Annual Fluctuations in Weather." Working Paper. MIT, 2007.

Guiteras, Raymond. "The Impact of Climate Change on Indian Agriculture." Working Paper. University of Maryland, 2009.

The Stern Review

Stern, Nicholas. "The Economics of Climate Change." American Economic Review 98, no. two (2008): 1-37.

Nordhaus, William D. "A Review of the Stern Review on the Economics of Climate change." Journal of Economic Literature 45, no. 3 (2007): 686-702.

Weitzman, Martin M. "A Review of the Stern Review on the Economic science of Climate Change." Journal of Economic Literature 45, no. 3 (2007): 703-724.

Climate change policy

Metcalf, Gilbert. "Market-Based Policy Options to Command U.Due south. Greenhouse Gas Emissions." Periodical of Economical Perspectives 23, no. 2 (2009): 5-27.

Tol, Richard S. J. "The Economical Effects of Climate Change." Journal of Economical Perspectives 23, no. ii (2009): 29-51.

Barrett, Scott. "The Coming Global Climate-Technology-Revolution." Journal of Economic Perspectives 23, no. 2 (2009): 53-75.

Carbon offsets and the make clean evolution machinery

Reinhardt, Forest, Jost Hamschmidt, and Mikell Hyman. "South Pole Carbon Asset Management-Going for Gilded?" Harvard Business School Example. Harvard Concern School Publishing. Example: 9-709030, March 31, 2009.

Policy application: Energy efficiency

Cuddy, Amy. "OPOWER: Increasing Energy Efficiency through Normative Influence." Harvard Business School Case. Harvard Business organization School Publishing. Case: 9-911016, May 22, 2011.

Allcott, Hunt, and Michael Greenstone. "The Economics of the Energy Efficiency Gap." Working Paper. MIT, 2011.

Gillingham, Kenneth, Richard One thousand. Newell, and Karen Palmer. "Energy Efficiency Economics and Policy." Discussion Paper No. 09-13. Resources for the Future, 2009.

Allcott, Hunt, and Nathan Wozny. "Gasoline Prices, Fuel Economy, and the Energy Paradox." Working Paper. MIT, 2010.

Allcott, Hunt. "Social Norms and Energy Conservation." Working Paper. MIT, 2011.

Miscellaneous

Holdren, John P. "The Energy Innovation Imperative: Addressing Oil Dependence, Climate Change, and Other 21st Century Energy Challenges." Innovations (2006): 3-23.

Wald, Matthew Fifty. "The Carbon Calculus." The New York Times, November 7, 2007, pp. H1, and H11.

Economics of the Environment Selected Readings Seventh Edition

Source: https://ocw.mit.edu/courses/economics/14-42-environmental-policy-and-economics-spring-2011/readings/

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