The Hartwick Rule And Sustainability An Ongoing Development

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The Hartwick Rule and Sustainability. An Ongoing Development

Author : Esther Schuch
Publisher : GRIN Verlag
ISBN 13 : 3656660263
Total Pages : 22 pages
Book Rating : 4.6/5 (566 download)

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Book Synopsis The Hartwick Rule and Sustainability. An Ongoing Development by : Esther Schuch

Download or read book The Hartwick Rule and Sustainability. An Ongoing Development written by Esther Schuch and published by GRIN Verlag. This book was released on 2014-05-27 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2014 in the subject Economy - Environment economics, grade: 1,3, University of Trier, course: Environmental Economics, language: English, abstract: "Contemplation of the world's disappearing supplies of minerals, forests, and other exhaustible assets has led to demands for regulation of their exploitation. The feeling that these products are now too cheap for the good of future generations, that they are being selfishly exploited at too rapid a rate, and that in consequence of their excessive cheapness they are being produced and consumed wastefully has given rise to the conservation movement" (Hotelling 1931, 139). Already in 1931 Hotelling described aptly the problem concerning sustainable management of resources in order to ensure intergenerational equity. More than 80 years later the problem still has not been solved but a lot of work has been done in order to nd a remedy. One major contributor is John Hartwick with his rule concerning how to keep consumption constant if the economy runs partially on exhaustible resources. This paper starts with a short introduction to three different concepts of sustainability. It continues to give an overview of relevant research prior to Hartwick. The main part consists of the original Hartwick rule which is discussed in some depth. In the following priority is given to adaptations to the rule done by Hartwick himself over those by other economists. Obviously, it is not possible to cover every work in this regard. Rather, the work chosen tackles those aspects that are viewed most critically and were fairly close in time to release to the original Hartwick rule.

The Economics of Sustainability

Author : John C.V. Pezzey
Publisher : Routledge
ISBN 13 : 1351890999
Total Pages : 424 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis The Economics of Sustainability by : John C.V. Pezzey

Download or read book The Economics of Sustainability written by John C.V. Pezzey and published by Routledge. This book was released on 2017-09-08 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Before the late 1980s, when the ideas of sustainability and sustainable development to the forefront of public debate, conventional, neo-classical economic thinking about development and growth had rarely given any consideration to the needs of future generations, or the sustainability of natural resource use. Defining sustainability broadly as intergenerational fairness in the long-term decision making of a whole society, and using established economic concepts, this selection of refereed journal articles brings a famously ill-defined concept into sharp focus, providing academics at all levels with a formidable research tool. Spanning thirty years of the most important philosophical, theoretical and empirical contributions from both critics and defenders of neo-classical assumptions and methods of economic analysis, this focused collection of papers constitutes a unique, balanced resource on the full range of intellectual debates surrounding the economics of sustainability.

Justifying, Characterizing and Indicating Sustainability

Author : Geir B. Asheim
Publisher : Springer Science & Business Media
ISBN 13 : 1402062001
Total Pages : 290 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Justifying, Characterizing and Indicating Sustainability by : Geir B. Asheim

Download or read book Justifying, Characterizing and Indicating Sustainability written by Geir B. Asheim and published by Springer Science & Business Media. This book was released on 2010-11-30 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together 18 articles published during the last 20 years, devoted to understanding the concept of sustainable development. The volume analyzes sustainability from three different perspectives and addresses sustainable development from prescriptive, descriptive and operational points of view. Each part begins with an article which functions as a survey. An up- to-date introduction serves to tie the three parts of the volume together.

Weak Versus Strong Sustainability

Author : Eric Neumayer
Publisher : Edward Elgar Publishing
ISBN 13 : 1849805431
Total Pages : 289 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Weak Versus Strong Sustainability by : Eric Neumayer

Download or read book Weak Versus Strong Sustainability written by Eric Neumayer and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This third edition of an enduring and popular book has been fully updated and revised, exploring the two opposing paradigms of sustainability in an insightful and accessible way. Eric Neumayer contends that central to the debate on sustainable development is the question of whether natural capital can be substituted by other forms of capital. Proponents of weak sustainability maintain that such substitutability is possible, whilst followers of strong sustainability regard natural capital as non-substitutable. The author examines the availability of natural resources for the production of consumption goods and the environmental consequences of economic growth. He identifies the critical forms of natural capital in need of preservation given risk, uncertainty and ignorance about the future and opportunity costs of preservation. He goes on to provide a critical discussion of measures of sustainability. Indicators of weak sustainability such as Genuine Savings and the Index of Sustainable Economic Welfare also known as the Genuine Progress Indicator are analysed, as are indicators of strong sustainability, including ecological footprints, material flows and sustainability gaps. This book will prove essential reading for students, scholars and policymakers with an interest in ecological and environmental economics and sustainable development.

Economic Theory and Exhaustible Resources

Author : P. S. Dasgupta
Publisher : Cambridge University Press
ISBN 13 : 9780521297615
Total Pages : 520 pages
Book Rating : 4.2/5 (976 download)

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Book Synopsis Economic Theory and Exhaustible Resources by : P. S. Dasgupta

Download or read book Economic Theory and Exhaustible Resources written by P. S. Dasgupta and published by Cambridge University Press. This book was released on 1979 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: A book on the economics of exhaustible resources requires no justification. A long book does. The purist will find disquieting our two-asset, constant population model with which we analyse growth possibilities in an economy with exhaustible resources.

Capital Accumulation and Resource Depletion a Hartwick Rule Counterfactual

Author : Liaila Tajibaeva, Kirk Hamilton, Giovanni Ruta
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4./5 ( download)

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Book Synopsis Capital Accumulation and Resource Depletion a Hartwick Rule Counterfactual by : Liaila Tajibaeva, Kirk Hamilton, Giovanni Ruta

Download or read book Capital Accumulation and Resource Depletion a Hartwick Rule Counterfactual written by Liaila Tajibaeva, Kirk Hamilton, Giovanni Ruta and published by World Bank Publications. This book was released on 2005 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: "How rich would resource-abundant countries be if they had actually followed the Hartwick Rule (invest resource rents in other assets) over the past 30 years? Hamilton, Ruta, and Tajibaeva use time series data on investments and rents on exhaustible resource extraction for 70 countries to answer this question. The results are striking: Gabon, Trinidad and Tobago, and Venezuela would all be as wealthy as the Republic of Korea, while Nigeria would be five times as well off as it is currently. The authors also derive a more general rule for sustainability--maintain positive constant genuine investment--and use this to draw further empirical results. This paper--a product of the Environment Department--is part of a larger effort in the department to foster sustainable development"--World Bank web site.

Economic Theory and Sustainable Development

Author : Vincent Martinet
Publisher : Routledge
ISBN 13 : 0415544777
Total Pages : 217 pages
Book Rating : 4.4/5 (155 download)

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Book Synopsis Economic Theory and Sustainable Development by : Vincent Martinet

Download or read book Economic Theory and Sustainable Development written by Vincent Martinet and published by Routledge. This book was released on 2012 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines the different ways in which the concepts of sustainability and sustainable development are interpreted in economics. As well as the oft-studied neoclassical take on matters, the author develops new approaches that are less reliant on utilitarianism and discounting.

A Survey of Sustainable Development

Author : Jonathan Harris
Publisher : Island Press
ISBN 13 : 159726783X
Total Pages : 448 pages
Book Rating : 4.5/5 (972 download)

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Book Synopsis A Survey of Sustainable Development by : Jonathan Harris

Download or read book A Survey of Sustainable Development written by Jonathan Harris and published by Island Press. This book was released on 2013-04-16 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perpetual economic growth is physically impossible on a planet with finite resources. Many concerned with humanity's future have focused on the concept of "sustainable development" as an alternative, as they seek means of achieving current economic and social goals without compromising the ability of future generations to meet their own goals. Sustainable development brings together elements of economics, public policy, sociology, ecology, resource management, and other related areas, and while the term has become quite popular, it is rarely defined, and even less often is it understood. A Survey of Sustainable Development addresses that problem by bringing together in a single volume the most important works on sustainable human and economic development. It offers a broad overview of the subject, and gives the reader a quick and thorough guide to this highly diffuse topic. The volume offers ten sections on topics including: economic and social dimensions of sustainable development the North/South balance population and the demographic transition agriculture and renewable resources energy and materials use globalization and corporate responsibility local and national strategies Each section is introduced with an essay by one of the volume editors that provides an overview of the subject and a summary of the mainstream literature, followed by two- to three-page abstracts of the most important articles or book chapters on the topic. A Survey of Sustainable Development is the sixth and final volume in the Frontier Issues of Economic Thought series produced by the Global Development And Environment Institute at Tufts University. Each book brings together the most important articles and book chapters in a "frontier" area of economics where important new work is being done but has not yet been incorporated into the mainstream of economic study. The book is an essential reference for students and scholars concerned with economics, environmental studies, public policy and administration, international development, and a broad range of related fields.

Economic Analysis of Sustainable Growth and Sustainable Development

Author : John Pezzey
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.:/5 (26 download)

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Book Synopsis Economic Analysis of Sustainable Growth and Sustainable Development by : John Pezzey

Download or read book Economic Analysis of Sustainable Growth and Sustainable Development written by John Pezzey and published by . This book was released on 1989 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Where is the Wealth of Nations?

Author :
Publisher : World Bank Publications
ISBN 13 : 0821363557
Total Pages : 212 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Where is the Wealth of Nations? by :

Download or read book Where is the Wealth of Nations? written by and published by World Bank Publications. This book was released on 2006 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents estimates of total wealth for nearly 120 countries, using economic theory to decompose the wealth of a nation into its component pieces: produced capital, natural resources and human resources. The wealth estimates provide a unique opportunity to look at economic management from a broader and comprehensive perspective. The book's basic tenet is that economic development can be conceived as a process of portfolio management, so that sustainability becomes an integral part of economic policy making. The rigorous analysis, presented in accessible format, tackles issues such as g.

Beyond Growth

Author : Herman E. Daly
Publisher : Beacon Press
ISBN 13 : 0807047066
Total Pages : 265 pages
Book Rating : 4.8/5 (7 download)

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Book Synopsis Beyond Growth by : Herman E. Daly

Download or read book Beyond Growth written by Herman E. Daly and published by Beacon Press. This book was released on 2014-09-30 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.

Financing Sustainable Development

Author : Magdalena Ziolo
Publisher : Springer
ISBN 13 : 3030165221
Total Pages : 392 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Financing Sustainable Development by : Magdalena Ziolo

Download or read book Financing Sustainable Development written by Magdalena Ziolo and published by Springer. This book was released on 2019-07-27 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is among the first to address the issue of assessing the efficiency of sustainable development financing from a theoretical and methodical point of view. The innovative nature of research is expressed through the study of new phenomena in finance including sustainable financial systems, sustainable finance, ESG risk and individual and institutional motivations of financial managers in the sustainability concept. The book aims to draw attention to the significant gap in the existing research.The concept of Sustainable Development, if placed in an economic category, requires a lot of attention, but seeing the cognitive category from the perspective of the discipline of finance, the latter is unsatisfactory, with questions remaining unanswered. At the same time, the rank problem, its strategic dimension and the amount of financial resources allocated and disbursed for the purposes of focusing around sustainable development, identification of financial phenomena accompanying this category is seen as a priority. Most measures financing Sustainable Development and measures of public spending efficiency are measures subject to rigor and rules due to their specificity, which means actions aimed at increasing efficiency are treated as a priority. This book will be of interest to leading representatives of academia, practitioners, executives, officials, and graduate students in economics, finance, management, statistics, law and political sciences.

The Changing Wealth of Nations 2018

Author : Glenn-Marie Lange
Publisher : World Bank Publications
ISBN 13 : 1464810478
Total Pages : 293 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis The Changing Wealth of Nations 2018 by : Glenn-Marie Lange

Download or read book The Changing Wealth of Nations 2018 written by Glenn-Marie Lange and published by World Bank Publications. This book was released on 2018-01-30 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their economic health and prospects for the future. Wealth accounts allow countries to take stock of their assets to monitor the sustainability of development, an urgent concern today for all countries. The Changing Wealth of Nations 2018: Building a Sustainable Future covers national wealth for 141 countries over 20 years (1995†“2014) as the sum of produced capital, 19 types of natural capital, net foreign assets, and human capital overall as well as by gender and type of employment. Great progress has been made in estimating wealth since the fi rst volume, Where Is the Wealth of Nations? Measuring Capital for the 21st Century, was published in 2006. New data substantially improve estimates of natural capital, and, for the fi rst time, human capital is measured by using household surveys to estimate lifetime earnings. The Changing Wealth of Nations 2018 begins with a review of global and regional trends in wealth over the past two decades and provides examples of how wealth accounts can be used for the analysis of development patterns. Several chapters discuss the new work on human capital and its application in development policy. The book then tackles elements of natural capital that are not yet fully incorporated in the wealth accounts: air pollution, marine fi sheries, and ecosystems. This book targets policy makers but will engage anyone committed to building a sustainable future for the planet.

An Almost Practical Step Toward Sustainability

Author : Robert M. Solow
Publisher : Routledge
ISBN 13 : 1135892571
Total Pages : 35 pages
Book Rating : 4.1/5 (358 download)

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Book Synopsis An Almost Practical Step Toward Sustainability by : Robert M. Solow

Download or read book An Almost Practical Step Toward Sustainability written by Robert M. Solow and published by Routledge. This book was released on 2014-07-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nobel Laureate Robert Solow explores how changes in social accounting practice could contribute to more rational debate and action in crafting economic and environmental policy. A thoughtful work about the wise use of society's natural resources, intergenerational equity, and the translation of ideas about sustainability into real policy.

Handbook of Sustainable Development

Author : Giles Atkinson
Publisher : Edward Elgar Publishing
ISBN 13 : 1782544704
Total Pages : 621 pages
Book Rating : 4.7/5 (825 download)

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Book Synopsis Handbook of Sustainable Development by : Giles Atkinson

Download or read book Handbook of Sustainable Development written by Giles Atkinson and published by Edward Elgar Publishing. This book was released on 2014-09-26 with total page 621 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely and important Handbook takes stock of progress made in our understanding of what sustainable development actually is and how it can be measured and achieved.ø

Environmental and Natural Resources Economics

Author : Steven Hackett
Publisher : Routledge
ISBN 13 : 1315289911
Total Pages : 483 pages
Book Rating : 4.3/5 (152 download)

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Book Synopsis Environmental and Natural Resources Economics by : Steven Hackett

Download or read book Environmental and Natural Resources Economics written by Steven Hackett and published by Routledge. This book was released on 2019-07-23 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of "Environmental and Natural Resources Economics" provides an accessible yet rigorous treatment of the subject, including the economics of sustainability. The new edition has been updated extensively throughout. A new chapter has been added on fisheries economics and policy, and the chapter on global climate change has been substantially rewritten to incorporate new scientific information and evolving public policy. Many new figures and tables have been added, and the glossary has also been expanded. Readers will appreciate the balanced and accessible coverage, and the integration of economics with science and public policy.

Dictionary of Environmental Economics

Author : Renat Perelet
Publisher : Earthscan
ISBN 13 : 1849774250
Total Pages : 209 pages
Book Rating : 4.8/5 (497 download)

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Book Synopsis Dictionary of Environmental Economics by : Renat Perelet

Download or read book Dictionary of Environmental Economics written by Renat Perelet and published by Earthscan. This book was released on 2014-05-14 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive dictionary of environmental economics, compiled by leading academics in the field. Each expression or phrase is explained clearly in non-technical language, with references given to its use in the growing literature on the subject area. From abatement to zonal travel cost method (ZTCM), there are over 1000 cross-referenced entries covering topics such as: environmental instruments for policy-making, techniques applied in environmental and natural resource economics, major issues in environmental economics and environmental management, economics of sustainable development, natural resource accounting, and international environmental agreements. As well as providing incisive answers to questions such as 'What is natural capital?' or 'when are crowding diseconomies important?', the dictionary includes a list of commonly used acronyms and abbreviations, and a complete bibliography detailing the major texts in the field is provided.