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Natural Resource and Environmental Economics: A Retrospective View

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  • Emery N. Castle

Abstract

This article reviews the methodological and theoretical foundations of natural resource and environmental economics prior to an examination of three examples of topics of current interest in the field. The three examples are nonmarket values, benefit—cost analysis, and the new institutional economics. The article draws on the review of contemporary work to identify a number of topics deserving of attention in subsequent work in this field. The items listed would have the effect of making future research more particular and less doctrinaire.

Suggested Citation

  • Emery N. Castle, 1999. "Natural Resource and Environmental Economics: A Retrospective View," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 21(2), pages 288-304.
  • Handle: RePEc:oup:revage:v:21:y:1999:i:2:p:288-304.
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    File URL: http://hdl.handle.net/10.2307/1349880
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    Cited by:

    1. Danny García Callejas, 2007. "Biology and Economics: Metaphors that Economists usually take from Biology," Revista Ecos de Economía, Universidad EAFIT, March.
    2. Belyi, Andrei V., 2016. "Why is the oil price not about equilibrium?: An economic sociology account of petroleum markets," Energy Policy, Elsevier, vol. 96(C), pages 45-49.
    3. Martin Machay, 2018. "Land Degradation in the Calorie Model: Dynamics of the Stationary State," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 66(6), pages 1543-1547.

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