Assigning Economic Value to Natural Resources

Assigning Economic Value to Natural Resources PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309051436
Category : Science
Languages : en
Pages : 196

Get Book Here

Book Description
There has been a lot of discussion among policymakers, particularly within the Clinton Administration, about how to make U.S. economic indicators, such as GNP, more accurately reflect the state of the environment. This book explores the major issues and controversies involved in incorporating natural resources and the environment into economic accounts. The first section of the volume, based largely on a three-day workshop of experts in the field, explains the possibilities and pitfalls in so-called "green" accounting. This is followed by a selection of nine individually authored papers, including one by Nobel prize winner Robert Solow, that probe scientific aspects of this issues in greater depth.

Assigning Economic Value to Natural Resources

Assigning Economic Value to Natural Resources PDF Author: National Research Council Staff
Publisher:
ISBN: 9780608061948
Category :
Languages : en
Pages : 195

Get Book Here

Book Description


Valuing Ecosystem Services

Valuing Ecosystem Services PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 030909318X
Category : Science
Languages : en
Pages : 291

Get Book Here

Book Description
Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.

Natural Resource Economics

Natural Resource Economics PDF Author: Barry C. Field
Publisher: Waveland Press
ISBN: 1478632453
Category : Business & Economics
Languages : en
Pages : 464

Get Book Here

Book Description
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

Perspectives on Biodiversity

Perspectives on Biodiversity PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 030906581X
Category : Science
Languages : en
Pages : 166

Get Book Here

Book Description
Resource-management decisions, especially in the area of protecting and maintaining biodiversity, are usually incremental, limited in time by the ability to forecast conditions and human needs, and the result of tradeoffs between conservation and other management goals. The individual decisions may not have a major effect but can have a cumulative major effect. Perspectives on Biodiversity reviews current understanding of the value of biodiversity and the methods that are useful in assessing that value in particular circumstances. It recommends and details a list of components-including diversity of species, genetic variability within and among species, distribution of species across the ecosystem, the aesthetic satisfaction derived from diversity, and the duty to preserve and protect biodiversity. The book also recommends that more information about the role of biodiversity in sustaining natural resources be gathered and summarized in ways useful to managers. Acknowledging that decisions about biodiversity are necessarily qualitative and change over time because of the nonmarket nature of so many of the values, the committee recommends periodic reviews of management decisions.

Valuing Development, Environment and Conservation

Valuing Development, Environment and Conservation PDF Author: Sarah Bracking
Publisher: Routledge
ISBN: 135162511X
Category : Nature
Languages : en
Pages : 240

Get Book Here

Book Description
Policy-makers are increasingly trying to assign economic values to areas such as ecologies, the atmosphere, even human lives. These new values, assigned to areas previously considered outside of economic systems, often act to qualify, alter or replace former non-pecuniary values. Valuing Development, Environment and Conservation looks to explore the complex interdependencies, contradictions and trade-offs that can take place between economic values and the social, environmental, political and ethical systems that inform non-monetary valuation processes. Using rich empirical material, the book explores the processes of valuation, their components, calculative technologies, and outcomes in different social, ecological and conservation domains. The book gives reasons for why economic calculation tends to dominate in practice, but also presents new insights on how the disobedient materiality of things and the ingenuity of human and non-human agencies can combine and frustrate the dominant economic models within calculative processes. This book highlights the tension between, on the one hand, a dominant model that emphasises technical and ‘universalising’ criteria, and on the other hand, valuation practice in specific local contexts which is more likely to negotiate criteria that are plural, incommensurable and political. This book is perfect for researchers and students within development studies, environment, geography, politics, sociology and anthropology who are looking for new insights into how processes of valuation take place in the 21st century, and with what consequential outcomes.

Resource Economics

Resource Economics PDF Author: John C. Bergstrom
Publisher: Edward Elgar Publishing
ISBN: 1784717932
Category : Business & Economics
Languages : en
Pages : 481

Get Book Here

Book Description
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.

Economic Valuation Of Natural Resources

Economic Valuation Of Natural Resources PDF Author: Rebecca L Johnson
Publisher: Routledge
ISBN: 0429694067
Category : Political Science
Languages : en
Pages : 235

Get Book Here

Book Description
Allocation of natural resources has become a prominent concern at the local, state, and federal level. Competing uses for increasingly scarce resources are requiring that the relative values of those uses be investigated. Although many types of value are important in decision making, this book is concerned with the economic value of natural resources. Economic values for certain natural resources are readily observable in markets. For others, however, market prices are not available, and estimates of value must be made through nonmarket valuation techniques. The progress that has been made in improving the theory, methods, and applications of these techniques has been remarkable. Along with the progress, however, come new problems that must be addressed. The chapters presented in this volume are a collection of examples of both progress and problems.

Economic Valuation of Natural Resources

Economic Valuation of Natural Resources PDF Author: Douglas W. Lipton
Publisher:
ISBN:
Category : Coastal zone management
Languages : en
Pages : 0

Get Book Here

Book Description


Nature's Numbers

Nature's Numbers PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309173388
Category : Political Science
Languages : en
Pages : 262

Get Book Here

Book Description
In order to really see the forest, what's the best way to count the trees? Understanding how the economy interacts with the environment has important implications for policy, regulatory, and business decisions. How should our national economic accounts recognize the increasing interest in and importance of the environment? Nature's Numbers responds to concerns about how the United States should make these measurements. The book recommends how to incorporate environmental and other non-market measures into the nation's income and product accounts. The panel explores alternative approaches to environmental accounting, including those used in other countries, and addresses thorny issues such as how to measure the stocks of natural resources and how to value non-market activities and assets. Specific applications to subsoil minerals, forests, and clean air show how the general principles can be applied. The analysis and insights provided in this book will be of interest to economists, policymakers, environmental advocates, economics faculty, businesses based on natural resources, and managers concerned with the role of the environment in our economic affairs.