Environmental Economics

Stephen Smith

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Arabic Language Translation Copyright 2014 Hindawi Foundation for Education and Culture.
Environmental Economics
Copyright Stephen Smith 2011.
Environmental Economics was originally published in English in 2011. This
translation is published by arrangement with Oxford University Press.
All rights reserved.

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(1) From The Farmers Year (Gollancz, 1933). By permission of the

Estate of Clare Leighton.
(2) Steve Cadman.
(3) 2000 AP/TopFoto.

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128

Oxford Review of Economic Policy, issues 14(4) Environmental Policy
(1998); 19(3) Controlling Global Warming (2003); 24(2) Climate Change
(2008).
There are many good academic textbooks on environmental economics. As a follow-up to this introduction, I suggest Tom Tietenberg and
Lynne Lewis, Environmental and Natural Resource Economics, 8th edn.
(Pearson Addison-Wesley, 2009). This also provides a good introduction
to the economics of depletable and renewable natural resources.

:
Dieter Helm (ed.), Economic Policy Towards the Environment (Blackwell,
1991).
The seminal paper on Coasean bargaining is R. Coase,The Problem of
Social Cost, Journal of Law and Economics, 3 (1960): 144.
The discussion of acid rain policies in Europe draws heavily on David M.
Newbery, Acid Rain, Economic Policy, 11 (October 1990).
On the economics of international environmental policy agreements: Scott
Barrett, Environment and Statecraft (Oxford University Press, 2003).

: :
European Environment Agency, Using the Market for Cost-Effective Environmental Policy, Market-Based Instruments in Europe, EEA Report
No. 1/2006 (Copenhagen: EEA, 2006).
Paul R. Portney and Robert N. Stavins (eds.), Public Policies for
Environmental Protection, 2nd edn. (Washington, DC: Resources for
the Future, RFF Press, 2000).
Winston Harrington, Richard D. Morgenstern, and Thomas Sterner
(eds.), Choosing Environmental Policy: Comparing Instruments
and Outcomes in the United States and Europe (Washington, DC:
Resources for the Future, RFF Press, 2004).
A. Denny Ellerman, Frank Convery, and Christian de Perthuis, Pricing
Carbon: The European Union Emissions Trading Scheme (Cambridge
University Press, 2010).
The account of the US Acid Rain Program draws heavily on A. Denny Ellerman, Richard Schmalensee, Elizabeth M. Bailey, Paul L. Joskow, and
Juan-Pablo Montero, Markets for Clean Air: The US Acid Rain Program
(Cambridge University Press, 2000).

:
David Pearce, Anil Markandya, and Edward Barbier, Blueprint for a Green
Economy (London: Earthscan, 1989), Chapter 3: Valuing the Environment; Chapter 6: Discounting the Future.
David Pearce, Cost-Benefit Analysis and Environmental Policy, in Dieter Helm (ed.), Environmental Policy: Objectives, Instruments and
Implementation (Oxford University Press, 2000).
Symposium on Contingent Valuation, Journal of Economic Perspectives,
8(4) (1994): 364.

130


Richard C. Porter, The Economics of Waste (Washington, DC: Resources for
the Future, RFF Press, 2002).
The hedonic pricing study of landfill disamenity discussed is Cambridge
Econometrics, A Study to Estimate the Disamenity Costs of Landfill in
Great Britain: Final Report (Defra Publications, 2003).
The contingent valuation study of elephant conservation discussed is R.
Bandara and C. Tisdell, The net benefit of saving the Asian elephant:
a policy and contingent valuation study, Ecological Economics, 48
(2004): 93107.

:
Dieter Helm (ed.), Climate-Change Policy (Oxford University Press, 2005).
Nicholas Stern, The Economics of Climate Change: The Stern Review (Cambridge University Press, 2007).
Mark Maslin, Global Warming: A Very Short Introduction, 2nd edn. (Oxford
University Press, 2009).
William Nordhaus, A Question of Balance: Weighing the Options on Global
Warming Policies (Yale University Press, 2008).

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