Greenhouse gas emissions keohane, revesz, and stavins, the choice of regulatory instruments in environmental policy s e c t i on 8. On a topic like the environment, communication among scholars from different disciplines. The environment provides both a direct value as well as raw material intended for economic activity, thus making the environment and the economy interdependent. What are fullerton and stavins four myths about how economists view the environment. Corporate social responsibility, business strategy, and the environment forest l. Economists believe that the market solves all problems. Kennedy school of government harvard university 79 john f. Environmental economics is a subdiscipline of economics that aims to understand, and influence, the economic causes of human impacts on the nonhuman world, such as atmospheric pollution.
This article draws, in part, on revesz and stavins 2005. The views expressed in the harvard environmental economics program discussion paper series are those of the authors and do not necessarily reflect those of the john f. Rob stavins s introductory environmental economics class, now titled economics of climate change and environmental policy, a version of which he has taught at harvard kennedy school for over two decades. Business environmental management economics economics 434534 and esm 434534 spring 20 tues. May 5 the environment and economics kolstad 2011, ch 1. An intellectual history or environmental economics. Environmental economics 2018 jawaharlal nehru university. Natural resource economics department of economics. The environment and directed technical change mit economics. Through five previous editions, economics of the environment has served as a valuable supplement to environmental economics texts and as a standalone book of original readings in the field of continue reading economics of the environment. Since the publication of revesz and stavins 2007, there have been some significant normative advances in the area of environmental law and economics.
Env520 resource and environmental economics i section 1. Newell resources for the future, washington, dc 20036, usa robert n. Lessons from so2 allowance trading metcalf, marketbased policy options to control u. Selected readings, norton, 6th edition other required short readings will be provided on the desire 2 learn course website. It will make use of microeconomic and statistical analysis at the intermediate level and will. Natural resource economics professor ellis economics 435 spring 2016 phone. The political economy of the environment this course is a onesemester introduction to the political economy of the environment the analysis of how scarce environmental and natural resources are allocated not only among competing ends, but also among competing individuals, groups, and classes. The views expressed in the harvard environmental economics program discussion paper series. Through five previous editions, economics of the environment has served as a valuable supplement to environmental economics texts and as a standalone book of original readings in the field of environmental economics. Incentivesforadvancedpollutionabatementtechnologyattheindustrylevel. Kennedy st, room l306, box 11, cambridge, ma 028, usa. It will make use of microeconomic and statistical analysis at the intermediate level and will incorporate realworld examples. Because he is renowned as a teacher as well as a scholar, we believe environmental professionals. Stavins 1998, how economists see the environment, nature.
Heepalong with many other harvard organizations and individuals concerned with the environmentcollaborates closely with the harvard university center for the environment huce. The enel endowment for environmental economics, at harvard university, provides major support for heep. How economists see the environment, don fullerton and robert stavins, chapter 1 of economics of the environment. Stavins abstract we examine the concept offirms sacrificing profits in the social interest within the environmental realm, with particular focus on the case of the united states by addressing four keyquestions.
Harvard university center for the environment mossavarrahmani center for business and government at harvard kennedy school. I will assume that all students are familiar with the basic concepts of microeconomics which are taught in economics 101102. Environmental economics program at harvard university, and university fellow, resources for the future. New palgrave dictionary of economics and the law, 2nd edition. Natural resource and environmental economics by perman, ma, common, maddison and mcgilvray, 4e, pearson, 2011 the economics of the environment and natural resources by r. All other reading are available as pdf files on the canvas site. The harvard environmental economics program develops innovative answers to todays complex environmental issues, by providing a venue to bring together faculty and graduate students from across the university engaged in research, teaching, and outreach in environmental and natural resources economics and related public policy. University of chicago harris school of public policy.
Readings environmental policy and economics economics. As taught to generations of economics graduate students, the first theorem of welfare economics states that private markets are perfectly efficient on their own, with no. Introduction and overview 12 fullerton and stavins how economists see the environment, in stavins. Find materials for this course in the pages linked along the left. Stavins of the harvard kennedy school detailed the importance of understanding the economics of climate change.
Market structure and policy considerations aaron rosenbaum, garth baughman, mark manuszak, kylie stewart, fumiko hayashi, and joanna stavins 2017100 please cite this paper as. This class will focus on the role of the environment in the theory and practice of economics. I will provide several of the articles from this collection through ereserves. The environment and economics kolstad 2011, ch 1 tuesday, may 8 the environment and economics kolstad 2011, ch 1 thursday, may 10 the environment and economics essay details solow et al. Economics of the environment an economic view of the. Included are the setting of goals and targets, notably the kaldorhicks criterion, and the related method of assessment known as benefitcost analysis. Kennedy school of government, harvard university, director of the harvard environmental economics program, director of graduate studies for the doctoral program in public policy and the doctoral program in political economy and government, cochair of the harvard business schoolkennedy school joint degree. Robert stavins is the albert pratt professor of business and government, john f. Readings with authors in bold are required while the others are highly recommended. Kennedy school of government, and director of the environmental economics program. Corporate social responsibility through an economic lens. Related courses offered by the economics department include economics 370 cost benefit analysis, 471 nonrenewable resources and 472 renewable resources. Stavins is albert pratt professor of business and government, director of graduate studies for the doctoral programs in public policy and in political economy and government, cochair of the mppmba and mpaidmba joint degree programs, and director of the harvard environmental economics program. Corporate social responsibility, business strategy, and.
July 8 economics primer july 9 the sustainability problem and economics ch. Reprinted as chapter 1 in economics of the environment. Coase, the problem of social cost, in stavins economics of pollution control fullerton and stavins, how economists see the environment, in stavins environmental regulation conrad, ch. Don fullerton is in the department of economics, university of texas at austin, texas 78712, usa and at the national bureau of economic research. Lectures attendance of the first three classes is mandatory or you may be administratively dropped from the. An overview of our changing environment, united nations environment programme p.
Environmental and energy policy and the economy, vol. Economics of the environment edward elgar publishing. Kennedy school of government, harvard university, cambridge, massachusetts 028, usa and resources for the future. Chapter 1fullerton and stavins, how economics see the environment, nature, 1988.
As optional material, the following book is a nice collection of readings on environmental economics. Improving interdisciplinary communication should enable natural scientists to take economic analysis and prescriptions more seriously. The second part of the course focuses on the economics of the environment, particularly the economics of pollution control. Economists go for the green, paul krugman, slate, april 17, 1997. Economics geopolitics of climate change greenhouse gases. Robert stavins, harvard university moderator maureen cropper, university of maryland lawrence goulder, stanford university.
Stavins, what can we learn from the grand policy experiment. Fullerton and stavins how economists see the environment, in. Economics 797ev the political economy of the environment this course is a onesemester introduction to the political economy of the environment the analysis of how scarce environmental and natural resources are allocated not only among competing ends, but also among competing individuals, groups, and classes. Robert stavins, author at an economic view of the environment. All chapters from the text will be freely available in pdf format on dropbox, as well as all supplementary readings for the course. Every class will begin with a few randomlyselected students presenting their slides from the prior weeks submission, followed by a classwide discussion on the topic. The political economy of marketbased environmental policy. This course analyzes the economic sources of environmental problems and examines policy options for. Stavins, robert environmental economics discussion paper 2009 05, cambridge, mass harvard environmental economics program, april 2009. Stavins, robert and judson jaffe linkage of tradable permit systems in international climate policy architecture discussion paper 200906, cambridge, mass harvard environmental economics program, april 2009. University of chicago harris school of public policy studies. Helpful comments on a previous version were provided by lori bennear and nathaniel keohane. Environmental degradation and institutional responses.
Jaffe department of economics, brandeis university and national bureau of economic research, waltham, ma 024549110, usa richard g. What is environmental economics 17 keohane and olmstead, chs. Stavins, editor, economics of the environment, selected readings, 5th. How economists see the environment economists and ecologists misunderstand each other about the environment. Greenhouse gas emissions keohane, revesz, and stavins, the choice of regulatory instruments in environmental policy s e c t. This is available at the harvard coop for purchase, and is on reserve at the kennedy school library, on the ground floor of the littauer building. Department of economics economics 357 environmental economics spring 2011 instructor. How do economists really think about the environment. Pdf how economists see the environment researchgate. Cost heterogeneity and the potential savings from marketbased.
Trade, growth, and the environment harvard university. This article, prepared for the forthcoming 2nd edition of the new palgrave dictionary of economics, provides an overview of the economics of environmental policy. Journal of environmental economics and management 30. We begin with a brief overview of the economics of technological change, and then examine theory and empirical evidence on invention. Kennedy school of government, harvard university, cambridge, ma 028, usa and. Journal of environmental economics and management 1. The second required book for the course is the seventh edition of economics of the environment. Economics 797ev the political economy of the environment. A biodiversity study of mechanism design with externalities, ecological economics, vol. Nearly seven years have passed since the previous edition of this volume was published. A rich complement to other texts, this accessible reader prov. For example, newell, jaffe, and stavins 1999 1see, for instance, stott, stone, and allen 2004 on the contribution of human activity to the european heat wave of 2003, emanuel 2005 and landsea 2005 on the increased impact and destructiveness of tropical cyclones. Stavins and closely affiliated with heep, is funded primarily by a grant from the doris duke charitable foundation.
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