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The Public Economics of the Environment
Department of Environmental Economics Environmental Economics talks about the complex connections and wide interactions between Economics and the Environment. Over the last few decades, the tools of economic analysis have become essential in analyzing environmental problems and providing the basis for developing sustainable policy solutions. Environmental Economics is playing an increasingly central role in both understanding the causes of, and designing policy solutions to, existing environmental problems.
In these, and across a wide range of other issues, from biodiversity and ecosystem loss, air pollution to, more broadly, the link between the environment and sustainable economic development, the theory and applied tools of Environmental Economics are uniquely placed to inform and guide decision-makers in addressing environmental challenges. Keeping in view the importance of these issues and to bring the students closer to the frontier of knowledge, the Department of Environmental Economics was established at Pakistan Institute of Development Economics, Islamabad, Pakistan to:.
This is the basic message of this book. Fig 22 Inputoutput system of the economy and the environment.
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Production Theory and Transformation Space. Fig 31 Emission and production functions.
Fig 35 Transformation space with negative externalities. Optimal Environmental Use Fig 41 Determination of the emission tax. Environmental Quality as a Public Good. The Political Economy of Environmental Scarcity. Environmental Endowment Competitiveness and Trade. Fig Trade effects of environmental policy. Fig Comparative advantage and environmental policy.
Transfrontier Pollution. Fig Transfrontier pollution. Global Environmental Media Fig Global environmental media. Fig 51 Aggregation of willingness to pay. Fig 53a Abatement costs in selected sectors. Fig 55 Household optimum.
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Fig 57 The netbenefit function of the consumer. PropertyRights Approach to the Environmental Problem Fig 61 Coase solution with transaction costs. Incidence of an Emission Tax.
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Fig 72 Structure of general equilibrium model. Fig 74 Allocation effects in a twofactor model.
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