environmental economics
E1035449
Environmental economics is a field of economics that studies how economic activities affect the environment and designs policies and incentives to address environmental problems and manage natural resources efficiently.
Statements (65)
| Predicate | Object |
|---|---|
| instanceOf |
academic discipline
ⓘ
field of study ⓘ subfield of economics ⓘ |
| analyzes |
environmental externalities
ⓘ
environmental regulation costs and benefits ⓘ property rights and the environment ⓘ public goods related to the environment ⓘ tragedy of the commons situations ⓘ |
| appliesTo |
air pollution control
ⓘ
biodiversity conservation policy ⓘ climate policy design ⓘ deforestation and land-use policy ⓘ waste management policy ⓘ water quality management ⓘ |
| developedFrom |
public economics
ⓘ
welfare economics ⓘ |
| focusesOn |
cost–benefit analysis of environmental regulations
ⓘ
design of environmental policy ⓘ efficient management of natural resources ⓘ market-based environmental instruments ⓘ sustainable development ⓘ valuation of environmental goods ⓘ |
| goal |
efficient allocation of environmental resources
ⓘ
improvement of environmental quality ⓘ internalization of environmental externalities ⓘ sustainable economic growth ⓘ |
| hasKeyConcept |
Coase theorem
NERFINISHED
ⓘ
abatement cost curve ⓘ command-and-control regulation ⓘ environmental damage function ⓘ environmental externality ⓘ market-based regulation ⓘ public bad ⓘ |
| hasKeyFigure |
Arthur Cecil Pigou
NERFINISHED
ⓘ
David Pearce NERFINISHED ⓘ Ronald Coase NERFINISHED ⓘ William Nordhaus NERFINISHED ⓘ |
| influences |
corporate environmental strategy
ⓘ
international climate agreements ⓘ national environmental legislation ⓘ |
| relatedTo |
climate economics
ⓘ
ecological economics ⓘ energy economics ⓘ resource economics ⓘ |
| studies |
biodiversity loss
ⓘ
climate change ⓘ ecosystem services ⓘ environmental externalities ⓘ interaction between the economy and the environment ⓘ natural resource use ⓘ pollution ⓘ |
| taughtIn | universities worldwide ⓘ |
| usesConcept |
Pigouvian tax
NERFINISHED
ⓘ
cap-and-trade system ⓘ carbon pricing ⓘ carbon tax ⓘ contingent valuation ⓘ discounting of future environmental benefits and costs ⓘ environmental Kuznets curve NERFINISHED ⓘ hedonic pricing ⓘ non-market valuation ⓘ pollution tax ⓘ social cost of carbon ⓘ tradable pollution permits ⓘ travel cost method ⓘ |
Referenced by (1)
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