IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v148y2018icp15-21.html
   My bibliography  Save this article

Mainstream economics toolkit within the ecological economics framework

Author

Listed:
  • Dzeraviaha, Ihar

Abstract

Development of ecological economics was a response to the environmental crisis born by the economic growth. Ecological economics, in contrast to mainstream economics, is characterized by value pluralism and interdisciplinary approach that makes it hard to achieve methodological unanimity. This paper considers if the mainstream methods could be used to tackle environment problems effectively. To this purpose, the integrated macro model is proposed. It suggests that all environment externalities could be accounted in the existing production-consumption system. So using the new ideology based on ecological economics priorities and applying the toolkit of mainstream economics, we could transform the existing pricing system and provide effective institutional reforms to ensure sustainable development.

Suggested Citation

  • Dzeraviaha, Ihar, 2018. "Mainstream economics toolkit within the ecological economics framework," Ecological Economics, Elsevier, vol. 148(C), pages 15-21.
    • Handle: RePEc:eee:ecolec:v:148:y:2018:i:c:p:15-21
    DOI: 10.1016/j.ecolecon.2017.10.024
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921800917314726
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecolecon.2017.10.024?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Rezai, Armon & Taylor, Lance & Mechler, Reinhard, 2013. "Ecological macroeconomics: An application to climate change," Ecological Economics, Elsevier, vol. 85(C), pages 69-76.
    2. Dafermos, Yannis & Nikolaidi, Maria & Galanis, Giorgos, 2017. "A stock-flow-fund ecological macroeconomic model," Ecological Economics, Elsevier, vol. 131(C), pages 191-207.
    3. Jonathan M. Harris, 2013. "Green Keynesianism: Beyond Standard Growth Paradigms," GDAE Working Papers 13-02, GDAE, Tufts University.
    4. Gómez-Baggethun, Erik & de Groot, Rudolf & Lomas, Pedro L. & Montes, Carlos, 2010. "The history of ecosystem services in economic theory and practice: From early notions to markets and payment schemes," Ecological Economics, Elsevier, vol. 69(6), pages 1209-1218, April.
    5. Farley, Joshua & Costanza, Robert, 2010. "Payments for ecosystem services: From local to global," Ecological Economics, Elsevier, vol. 69(11), pages 2060-2068, September.
    6. Nathan Pelletier & Peter Tyedmers, 2011. "An Ecological Economic Critique of the Use of Market Information in Life Cycle Assessment Research," Journal of Industrial Ecology, Yale University, vol. 15(3), pages 342-354, June.
    7. Kathleen McAfee, 2012. "The Contradictory Logic of Global Ecosystem Services Markets," Development and Change, International Institute of Social Studies, vol. 43(1), pages 105-131, January.
    8. Clive L. Spash, 2011. "Social Ecological Economics: Understanding the Past to See the Future," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(2), pages 340-375, April.
    9. Herman E. Daly, 2007. "Ecological Economics and Sustainable Development, Selected Essays of Herman Daly," Books, Edward Elgar Publishing, number 12606.
    10. Victor, Peter A. & Rosenbluth, Gideon, 2007. "Managing without growth," Ecological Economics, Elsevier, vol. 61(2-3), pages 492-504, March.
    11. Armon Rezai & Sigrid Stagl, 2016. "Ecological Macreconomics: Introduction and Review," Ecological Economics Papers ieep9, Institute of Ecological Economics.
    12. Arild Vatn, 2005. "Institutions and the Environment," Books, Edward Elgar Publishing, number 2826.
    13. Engel, Stefanie & Pagiola, Stefano & Wunder, Sven, 2008. "Designing payments for environmental services in theory and practice: An overview of the issues," Ecological Economics, Elsevier, vol. 65(4), pages 663-674, May.
    14. Vatn, Arild, 2005. "Rationality, institutions and environmental policy," Ecological Economics, Elsevier, vol. 55(2), pages 203-217, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yu, Xiang & Zhang, Yongsheng, 2021. "An economic mechanism of industrial ecology: Theory and evidence," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 14-22.
    2. Terrance Quinn, 2023. "An Emergent Transdisciplinary Methodology for Effective Collaboration in Ecological Economics," Sustainability, MDPI, vol. 15(9), pages 1-22, May.
    3. Best, Rohan & Chareunsy, Andrea & Li, Han, 2021. "Equity and effectiveness of Australian small-scale solar schemes," Ecological Economics, Elsevier, vol. 180(C).
    4. Konrad Gunesch, "undated". "A Critical Comparison Of Environmental Economics And Ecological Economics, Combined With The Creative Value System Of Degrowth, For A Macroeconomically Efficient And Equitable Sustainable Development," Review of Socio - Economic Perspectives 201825, Reviewsep.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hardt, Lukas & O'Neill, Daniel W., 2017. "Ecological Macroeconomic Models: Assessing Current Developments," Ecological Economics, Elsevier, vol. 134(C), pages 198-211.
    2. Ma, Zhao & Bauchet, Jonathan & Steele, Diana & Godoy, Ricardo & Radel, Claudia & Zanotti, Laura, 2017. "Comparison of Direct Transfers for Human Capital Development and Environmental Conservation," World Development, Elsevier, vol. 99(C), pages 498-517.
    3. Trædal, Leif Tore & Vedeld, Pål Olav & Pétursson, Jón Geir, 2016. "Analyzing the transformations of forest PES in Vietnam: Implications for REDD+," Forest Policy and Economics, Elsevier, vol. 62(C), pages 109-117.
    4. Gendron, Corinne, 2014. "Beyond environmental and ecological economics: Proposal for an economic sociology of the environment," Ecological Economics, Elsevier, vol. 105(C), pages 240-253.
    5. Naqvi, Asjad & Stockhammer, Engelbert, 2018. "Directed Technological Change in a Post-Keynesian Ecological Macromodel," Ecological Economics, Elsevier, vol. 154(C), pages 168-188.
    6. Clive L. Spash, 2019. "Time for a Paradigm Shift: From Economic Growth and Price-Making Markets to Social Ecological Economics," SRE-Disc sre-disc-2019_07, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    7. Farley, Joshua & Schmitt, Abdon & Burke, Matthew & Farr, Marigo, 2015. "Extending market allocation to ecosystem services: Moral and practical implications on a full and unequal planet," Ecological Economics, Elsevier, vol. 117(C), pages 244-252.
    8. Pirgmaier, Elke, 2017. "The Neoclassical Trojan Horse of Steady-State Economics," Ecological Economics, Elsevier, vol. 133(C), pages 52-61.
    9. Muradian, Roldan & Rival, Laura, 2012. "Between markets and hierarchies: The challenge of governing ecosystem services," Ecosystem Services, Elsevier, vol. 1(1), pages 93-100.
    10. Spash, Clive L., 2020. "A tale of three paradigms: Realising the revolutionary potential of ecological economics," Ecological Economics, Elsevier, vol. 169(C).
    11. Larch, Mario & Löning, Markus & Wanner, Joschka, 2018. "Can degrowth overcome the leakage problem of unilateral climate policy?," Ecological Economics, Elsevier, vol. 152(C), pages 118-130.
    12. Van Hecken, Gert & Bastiaensen, Johan & Windey, Catherine, 2015. "Towards a power-sensitive and socially-informed analysis of payments for ecosystem services (PES): Addressing the gaps in the current debate," Ecological Economics, Elsevier, vol. 120(C), pages 117-125.
    13. Jespersen, Kristjan & Gallemore, Caleb, 2018. "The Institutional Work of Payments for Ecosystem Services: Why the Mundane Should Matter," Ecological Economics, Elsevier, vol. 146(C), pages 507-519.
    14. Hejnowicz, Adam P. & Raffaelli, David G. & Rudd, Murray A. & White, Piran C.L., 2014. "Evaluating the outcomes of payments for ecosystem services programmes using a capital asset framework," Ecosystem Services, Elsevier, vol. 9(C), pages 83-97.
    15. Rodrigo Muniz & Maria João Cruz, 2015. "Making Nature Valuable, Not Profitable: Are Payments for Ecosystem Services Suitable for Degrowth?," Sustainability, MDPI, vol. 7(8), pages 1-27, August.
    16. Kathleen McAfee, 2012. "The Contradictory Logic of Global Ecosystem Services Markets," Development and Change, International Institute of Social Studies, vol. 43(1), pages 105-131, January.
    17. Dafermos, Yannis & Nikolaidi, Maria & Galanis, Giorgos, 2017. "A stock-flow-fund ecological macroeconomic model," Ecological Economics, Elsevier, vol. 131(C), pages 191-207.
    18. Loft, Lasse & Mann, Carsten & Hansjürgens, Bernd, 2015. "Challenges in ecosystem services governance: Multi-levels, multi-actors, multi-rationalities," Ecosystem Services, Elsevier, vol. 16(C), pages 150-157.
    19. Bovari, Emmanuel & Giraud, Gaël & Mc Isaac, Florent, 2018. "Coping With Collapse: A Stock-Flow Consistent Monetary Macrodynamics of Global Warming," Ecological Economics, Elsevier, vol. 147(C), pages 383-398.
    20. Van Hecken, Gert & Bastiaensen, Johan & Vásquez, William F., 2012. "The viability of local payments for watershed services: Empirical evidence from Matiguás, Nicaragua," Ecological Economics, Elsevier, vol. 74(C), pages 169-176.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:148:y:2018:i:c:p:15-21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.