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Between Ostrom and Nordhaus: The research landscape of sustainability economics

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  • Drupp, Moritz A.
  • Baumgärtner, Stefan
  • Meyer, Moritz
  • Quaas, Martin F.
  • von Wehrden, Henrik

Abstract

We survey the emerging research area of sustainability economics through a quantitative full-text analysis of peer-reviewed journal publications from 1987 to 2013. To identify relevant contributions, we draw on existing definitions of sustainability economics for a keyword-based identification strategy: a combined focus on (a) the human-nature relationship, (b) the long-term uncertain future, (c) normative orientation towards sustainability, and (d) economic analysis. Our analysis of a random subsample of 343 relevant papers reveals that (i) sustainability economics is a rapidly developing research area; (ii) while theoretical contributions shaped the area in earlier years, applied work now constitutes the largest share of contributions; (iii) the research landscape can be clustered into eleven research clusters. These range from participatory governance of social-ecological systems associated with the work of Elinor Ostrom to questions of intertemporal allocation and distribution applied to climate economics associated with the work of William Nordhaus; (iv) the research area is broad in scope and heterogeneous, and there is relatively little interaction between important clusters; (v) relevant contributions are published in more than 100 journals. Ten journals publish half of all contributions, led by Ecological Economics, and 40% appear in non-economics journals, underscoring the importance of interdisciplinary dialogue.

Suggested Citation

  • Drupp, Moritz A. & Baumgärtner, Stefan & Meyer, Moritz & Quaas, Martin F. & von Wehrden, Henrik, 2020. "Between Ostrom and Nordhaus: The research landscape of sustainability economics," Ecological Economics, Elsevier, vol. 172(C).
  • Handle: RePEc:eee:ecolec:v:172:y:2020:i:c:s0921800919310493
    DOI: 10.1016/j.ecolecon.2020.106620
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    Cited by:

    1. de Ridder, Kilian & Schultz, Felix Carl & Pies, Ingo, 2023. "Procedural climate justice: Conceptualizing a polycentric solution to a global problem," Ecological Economics, Elsevier, vol. 214(C).
    2. Andri Brenner, 2021. "The Social Power of Spillover Effects: Educating Against Environmental Externalities," CEPA Discussion Papers 35, Center for Economic Policy Analysis.
    3. Haberl, Helmut & Schmid, Martin & Haas, Willi & Wiedenhofer, Dominik & Rau, Henrike & Winiwarter, Verena, 2021. "Stocks, flows, services and practices: Nexus approaches to sustainable social metabolism," Ecological Economics, Elsevier, vol. 182(C).

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    Keywords

    Sustainability; Economics; Human–nature relationship; Uncertainty; Future; Justice; Literature; Bibliographic analysis; Vocabulary;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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