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Antipodean agricultural and resource economics at 60: environmental economics

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  • Bennett, Jeff
  • Randall, Alan

Abstract

Environmental economics has been an increasingly significant focus for AARES and its members. Significant contributions began in the 1960s and 1970s with conceptual insights into the causes for market failure and the design of appropriate policy responses. The practical orientation of the profession led to the development and application of analytical tools in a wide array of contexts. Prominent amongst these have been nonmarket valuation, market-based policy instruments and the private sector provision of environmental protection. Interaction with natural and social scientists has been a feature. Cross-fertilisation has resulted to define emergent fields such as behavioural economics and ecological economics. Multidisciplinary endeavours have also grown in areas such as ecosystem service provision and integrated assessment modelling. These areas are likely to expand further with the ongoing contribution of core elements of the economics discipline.

Suggested Citation

  • Bennett, Jeff & Randall, Alan, 2016. "Antipodean agricultural and resource economics at 60: environmental economics," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 60(4), October.
    • Handle: RePEc:ags:aareaj:301068
    DOI: 10.22004/ag.econ.301068
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    Cited by:

    1. Kolawole Ogundari & Bolarinwa Olufemi Daniel, 2018. "Working Paper 294 - Agricultural Innovations, Production, and Household Welfare in Africa," Working Paper Series 2421, African Development Bank.
    2. Kym Anderson, 2018. "Mining’s impact on the competitiveness of other sectors in a resource-rich economy: Australia since the 1840s," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 31(1), pages 141-151, May.
    3. Kinnucan, Henry W., 2016. "Timber price dynamics after a natural disaster: Hurricane Hugo revisited," Journal of Forest Economics, Elsevier, vol. 25(C), pages 115-129.
    4. Kym Anderson, 2017. "Sectoral Trends and Shocks in Australia's Economic Growth," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 57(1), pages 2-21, March.

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    Keywords

    Environmental Economics and Policy;

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