Production, Growth, and the Environment (Record no. 2436)

MARC details
000 -LEADER
fixed length control field 02965 a2200325 4500
001 - CONTROL NUMBER
control field 1138075094
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250317100412.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 250312042017xx 89 eng
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781138075092
037 ## - SOURCE OF ACQUISITION
Source of stock number/acquisition Taylor & Francis
Terms of availability GBP 81.99
Form of issue BB
040 ## - CATALOGING SOURCE
Original cataloging agency 01
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
072 7# - SUBJECT CATEGORY CODE
Subject category code KCVG
Source thema
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Subject category code RNC
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Subject category code LNKJ
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Subject category code KCN
Source bic
072 7# - SUBJECT CATEGORY CODE
Subject category code RNC
Source bic
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Subject category code LNKJ
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072 7# - SUBJECT CATEGORY CODE
Subject category code LAW034000
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Subject category code NAT011000
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Subject category code SCI020000
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Subject category code TEC010000
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072 7# - SUBJECT CATEGORY CODE
Subject category code 333.7
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100 1# - MAIN ENTRY--PERSONAL NAME
Personal name William L. Weber
245 10 - TITLE STATEMENT
Title Production, Growth, and the Environment
Remainder of title An Economic Approach
250 ## - EDITION STATEMENT
Edition statement 1
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. CRC Press
Date of publication, distribution, etc. 20170330
300 ## - PHYSICAL DESCRIPTION
Extent 360 p
520 ## - SUMMARY, ETC.
Expansion of summary note Written in a way that facilitates understanding of complex concepts, laws, and policy, Production, Growth, and the Environment: An Economic Approach explores how economic growth usually makes people better off, but also asks at what environmental cost? These costs are not often realized until after the fact, when their remediation is more expensive, and sometimes not reversible. Very few books on environmental economics model the joint production of desirable and undesirable outcomes in any depth. This book fills that void. It discusses the demographic transition and the escape from the Malthusian trap. It also covers the environmental Kuznets curve hypothesis that examines the relation between polluting outputs and economic welfare. The book integrates environmental valuation methods with the production possibility frontier (PPF) approach. It presents both types of outcomes in a PPF framework that accounts for scarcity and allows the concepts of technical and allocative efficiencies to be introduced and measured. The PPF can then measure technological progress/regress and can be used to measure whether resource use is sustainable over time. It can also be used to determine shadow prices for non-market desirable outputs such as ecological services and non-market undesirable by-products such as SO2, NOx, and CO2 that arise from fossil fuel combustion. The beauty of the PPF framework is that it can be depicted in simple two-dimensional diagrams that make the concepts easy to understand. The author uses this framework to introduce concepts such as technical efficiency, allocative efficiency, technological progress/regress, shadow pricing, externalities, public goods, pollution taxes, and permits. In addition, each chapter has numerous problems and discussion questions that provide examples and practice in using the introduced theories. The book also includes a chapter that shows how the solver routine in Excel can be used to measure technical and allocative efficiency. This gives you the tools to examine all outcomes and therefore make a decision that takes into account the environmental challenges along with any economic benefits.

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