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Books of Environmental Economics

Books of this page are only English books. All reference books are in Japanese page .

Fusion of Ecology and Economy

The explanation of fusion of ecology and economy is often in the books of Ecological Economics.

Various points

"Environmental Economics for Non-Economists" : John Asafu-Adjaye, World Scientific 2000
In the first part, the start is the relationship between thermodynamics and the environment. Exergy is introduced. Then the principle of the market and the problem of externality are mentioned.
The second part includes environmental evaluation (CVM etc), Cost-Benefit Analysis, Cost-Effect Analysis and Multi-Criteria Analysis. The interesting thing is that it uses sensitivity and risk to confirm the robustness.
The third part introduces problems, population, resource, poverty, gender, public health, trade and sustainability.
EDP (Environmentally adjusted net domestic product), ENI (Environmentally adjusted national income) and HDI (Human Development Index) is introduced as the index of sustainability.

"Ecological Economics and Sustainable Development : Theory, Methods and Applications" : Jeroen C.J.M. van den Bergh, Edward Elger 1996
It considers the sustainable growth. Scenario simulation like System Dynamics is introduced using many pages. Multi-Criteria Analysis is also introduced. The method using indexes is introduced. There are 5 case studies. Netherlands, Austria and Greek are the stages.

This book is made as a text book. The approach like System Dynamics is introduced with Chaos.
There are theorems of environmental evaluation. But I could not understand.
"ESI (Environmental Sustainability Index) has correlation with GDP" and Environmental Kuznets Curve is introduced.
It seems that this book want to correct environmental problems as the problems of trade-off and choice.

The style of this book is questions and answers.
It introduces the steps to make regulations in U.S.A. and costs when regulations are made.
Effects to production by regulation, employment problems and monopolistic companies are mentioned as unseen cost. This book considers social problems and development of scientific techniques.
The largest topic is global warming.
NNW (Net National Welfare) is introduced as an index.
NNW = "Total production" - "cost of growth" - "Depreciation of value"


"The origins of ecological economics: the bioeconomics of Georgescu-Roegen" : Kozo Mayumi, Routledge 2001
This book is mainly about the studies of Georgescu-Roegen.
"Extended model of Leontief's dynamical model",
"The study that infinity recycle is impossible",
"There are two type of efficiency, 'Output / Input' and 'Output / Time'",
"Social model is not a model but simile.",
"Sub-natural model fails because time dependence is ignored".

Ecological Economics

"Ecological Economics : Principles and Applications" : Herman E. Daly and Joshua Farley, Island Press 2004
This book is composed resources, micro economics, macro economics, trade and politics. I do not understand the main point.

"ECOLOGY AND ECONOMICS : An Approach to Sustainable Development" : Ramprasad Sengupta, OXFORD 2001
Case studies are about India. This book is not only about Environmental Economics but wider studies. It explains Ecology System, circulation of substances, population and the limit of resources.
Then it indicates an index and management by the index. The name of the index is not written.

Mathematical Models

"Modeling in Ecological Economics" : John Proops , Edward elger 2004
This book introduces seven mathematical models.

"Frontiers of environmental input-output analysis" : Shigemi Kagawa , Routledge 2012
Input output analysis is static analysis generally. But this book includes structural change analysis. And also it also includes material flow analysis and LCA. There are dynamic phenomena in this book.


Index is important factor in this book.

"Sustainable Development Indicators in Ecological Economics" : Philip Lawn, Edward Elgar 2006
There are various indexes.
Ecological Footprint, Green GDP,Material Flows indicators,
ESI (Environmental Sustainability Index),
ISEW (Index of Sustainable Economic Welfare),
GPI (Genuine Progress Indicator),
GSI (Genuine Savings Index),
CPI (Consumption Pressure Index),
LPI (Living Planet Index),
CEPI (Composite Environmental Performance Index),
CSDI (Composite Sustainable Development Index)

GDP Analysis

"Ecological Economics : An Introduction" : Mick Common and Sigrid Stagl, Cambridge University Press 2005
The introduction is natural science, history of human beings and traditional economics. There are various topics. For example, energy flow, analysis of GDP and GNP. I was interested in Input-Output Model and Decision Making.
This book says Decision Making is done without perfect information, so we need preventive measures. The factor of imperfect is Risk, Ambiguity, Uncertainty and Ignorance.

"THE FUTURE OF ENVIRONMENT : Ecological Economics and Technological Change" : Faye Duchin and Clenn-Marie Lance, OXFORD UNIVERSITY PRESS 1994
This book predicts in the future using Input-Output Model and System Dynamics. The target index is GDP.

Inclusion of Externality

Inclusion of externality is explained in almost all Environmental Economics books. Here is that put inclusion as core solution.

Orthodox Book

"Environmental Economics : An Introduction" : Barry C. Field and Martha K. Field, Mc Graw-Hill Irwin 2006
Cost-Benefit analysis is introduced after the introduction of benefit and cost. Including efficiency. Then political analysis.
I want to read politely some day because of clear explanation.

"The economics of biodiversity and ecosystem services" : Shunsuke Managi, Routledge 2013
This book includes the estimation of Hokkaido in Japan and estimation the model of happiness.

"Energy, natural resources and environmental economics" : Endre Bjorndal , Springer 2010
This book is made by many articles. Classification of them is "Petroleum and Natural Gas", "Electricity and Regulation" and "Logistics".


"The Economics of Biodiversity Conservation" : Stephen Polasky, ASHGATE 2002
Collection of thesis with many references. Value evaluation for land and creatures is core point. There is a model, "Noah's Ark Problem". This problem is that "When budget to conserve species is limited, how to maximize the biodiversity". (I cannot understand that the need of this problem.)

"Biodiversity Economics" : Andreas Kontoleon, Unai Pascual and Timothy Swanson, CAMBRIDGE 2007
This book takes disappearance of habitat, trade and over consumption as the cause of loss of biodiversity. Then it introduces the evaluation methods (CVM etc), preservation methods and case studies.

"Environmental & natural resource economics" : Tom Tietenberg, Lynne Lewis ,Pearson Education 2012.
Educational book for starters. Colorful book. From micro view to macro view.

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