Economy and Environment: A Theoretical Essay on the Interdependence of Economic and Environmental Systems / Edition 1

Economy and Environment: A Theoretical Essay on the Interdependence of Economic and Environmental Systems / Edition 1

by Charles Perrings
     
 

ISBN-10: 0521340810

ISBN-13: 9780521340816

Pub. Date: 01/28/1987

Publisher: Cambridge University Press

Environmental external effects are evidence of the inability of market prices to reflect the interdependence of economic activities undertaken within a common environment, and are an essential feature of all market economies. This book shows how external effects are produced by the interaction of the economy with its environment, using a classical mass-balance

Overview

Environmental external effects are evidence of the inability of market prices to reflect the interdependence of economic activities undertaken within a common environment, and are an essential feature of all market economies. This book shows how external effects are produced by the interaction of the economy with its environment, using a classical mass-balance model.

Product Details

ISBN-13:
9780521340816
Publisher:
Cambridge University Press
Publication date:
01/28/1987
Edition description:
New Edition
Pages:
196
Product dimensions:
6.14(w) x 9.21(h) x 0.55(d)

Table of Contents

Preface; Notation guide; 1. Introduction; Part I. The Physical Economy-Environment System: 2. Closed physical systems: a model; 3. Structure and time in the physical system; 4. Technological change and the environmental constraints to physical growth; Part II. The Economic System: 5. The price system; 6. Prices, property, and the environment; 7. Economic conflict and environmental change; Part III. Environmental Strategies in an Evolutionary Economy-Environment System: 8. Time, uncertainty, and external effects; 9. The market solution; 10. The stationary state; 11. Conclusions; References; Index.

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