Environmental regulations and the problem of sustainability: Moving beyond "market failure"
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- David Colander (ed.), 2000. "The Complexity Vision and the Teaching of Economics," Books, Edward Elgar Publishing, number 1955.
- Robert W. Hahn & Richard L. Schmalensee & Roger Noll & Robert Stavins & Lester B. Lave & George C. Eads & Milton Russell & V. Kerry Smith & Maureen L. Cropper & Paul R. Portney & Kenneth J. Arrow, 1996. "Benefit-Cost Analysis in Environmental, Health, and Safety Regulation: A Statement of Principles," Books, American Enterprise Institute, number 51790, September.
- Bromley, Daniel W., 1990. "The ideology of efficiency: Searching for a theory of policy analysis," Journal of Environmental Economics and Management, Elsevier, vol. 19(1), pages 86-107, July.
- Bromley, Daniel W., 1998. "Searching for sustainability: The poverty of spontaneous order," Ecological Economics, Elsevier, vol. 24(2-3), pages 231-240, February.
- Cropper, Maureen L., 2000. "Has Economic Research Answered the Needs of Environmental Policy?," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 328-350, May.
- R. H. Coase, 2013.
"The Problem of Social Cost,"
Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
- Ronald H. Coase, 1960. "The Problem of Social Cost," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 5, pages 87-137, Palgrave Macmillan.
- Gerlagh, Reyer & Keyzer, Michiel A., 2001. "Sustainability and the intergenerational distribution of natural resource entitlements," Journal of Public Economics, Elsevier, vol. 79(2), pages 315-341, February.
- Richard B. Howarth, 1997. "Sustainability as Opportunity," Land Economics, University of Wisconsin Press, vol. 73(4), pages 569-579.
- Francis M. Bator, 1958. "The Anatomy of Market Failure," The Quarterly Journal of Economics, Oxford University Press, vol. 72(3), pages 351-379.
- Karen Palmer & Wallace E. Oates & Paul R. Portney & Karen Palmer & Wallace E. Oates & Paul R. Portney, 2004.
"Tightening Environmental Standards: The Benefit-Cost or the No-Cost Paradigm?,"
Chapters, in: Environmental Policy and Fiscal Federalism, chapter 3, pages 53-66,
Edward Elgar Publishing.
- Karen Palmer & Wallace E. Oates & Paul R. Portney, 1995. "Tightening Environmental Standards: The Benefit-Cost or the No-Cost Paradigm?," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 119-132, Fall.
- Pearce, David W., 1997. "Benefit-cost analysis, environment, and health in the developed and developing world," Environment and Development Economics, Cambridge University Press, vol. 2(2), pages 195-221, May.
- repec:reg:rpubli:98 is not listed on IDEAS
- Cooter, Robert & Rappoport, Peter, 1984. "Were the Ordinalists Wrong about Welfare Economics?," Journal of Economic Literature, American Economic Association, vol. 22(2), pages 507-530, June.
- Bromley, Daniel W., 1989. "Entitlements, missing markets, and environmental uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 17(2), pages 181-194, September.
- Daniel Bromley, 2004. "Reconsidering Environmental Policy: Prescriptive Consequentialism and Volitional Pragmatism," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 28(1), pages 73-99, May.
- Mozaffar Qizilbash, 2001. "Vague language and precise measurement: the case of poverty," Journal of Economic Methodology, Taylor & Francis Journals, vol. 10(1), pages 41-58.
Citations
RePEc Biblio mentions
As found on the RePEc Biblio, the curated bibliography for Economics:- > Schools of Economic Thought, Epistemology of Economics > Heterodox Approaches > Ecological Economics > Institutions and the Environment
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Géraldine THIRY & Philippe ROMAN, 2015. "L’indice de richesse inclusive : l’économie Mainstream au-delà de ses limites, mais en deçà de la soutenabilité ?," LIDAM Discussion Papers IRES 2015001, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Michael Howes & Liana Wortley & Ruth Potts & Aysin Dedekorkut-Howes & Silvia Serrao-Neumann & Julie Davidson & Timothy Smith & Patrick Nunn, 2017. "Environmental Sustainability: A Case of Policy Implementation Failure?," Sustainability, MDPI, vol. 9(2), pages 1-17, January.
- John M. Gowdy, 2013. "Valuing nature for climate change policy: from discounting the future to truly social deliberation," Chapters, in: Roger Fouquet (ed.), Handbook on Energy and Climate Change, chapter 25, pages 547-560, Edward Elgar Publishing.
- Scott Steele, 2010. "An Organisational Discussion of Incomplete Contracting and Transaction Costs in Conservation Contracts," Journal of Agricultural Economics, Wiley Blackwell, vol. 61(1), pages 163-174, February.
- Marletto, Gerardo, 2012. "Which conceptual foundations for environmental policies? An institutional and evolutionary framework of economic change," MPRA Paper 36441, University Library of Munich, Germany.
- Pellegrini Lorenzo & Luca Tasciotti, 2019. "Corruption: Public and Private," Working Papers 220, Department of Economics, SOAS University of London, UK.
- Marie Dervillé & Andrea Fink-Kessler & Aurelie Trouvé & Ikram Abdouttalib & Jean-Pierre del Corso & Charilaos Kephaliacos & Caetano Luiz Beber & Geneviève N'Guyen, 2018. "Comment peut se construire la compétitivité des exploitations laitières aujourd’hui ?," Working Papers hal-02329036, HAL.
- Kutschukian, Jean-Marc, 2008. "A Framework For The Economic Evaluation Of Environmental Science," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 6026, Australian Agricultural and Resource Economics Society.
- Svartzman, Romain & Dron, Dominique & Espagne, Etienne, 2019. "From ecological macroeconomics to a theory of endogenous money for a finite planet," Ecological Economics, Elsevier, vol. 162(C), pages 108-120.
- Manner, Mikko & Gowdy, John, 2010. "The evolution of social and moral behavior: Evolutionary insights for public policy," Ecological Economics, Elsevier, vol. 69(4), pages 753-761, February.
- Jiřina Jílková & Lenka Slavíková, 2009. "Ekonomie životního prostředí na rozcestí [Economics of the Environmental Protection on the Crossroad]," Politická ekonomie, Prague University of Economics and Business, vol. 2009(5), pages 660-676.
- Cotton, Matthew & Barkemeyer, Ralf & Renzi, Barbara Gabriella & Napolitano, Giulio, 2019. "Fracking and metaphor: Analysing newspaper discourse in the USA, Australia and the United Kingdom," Ecological Economics, Elsevier, vol. 166(C), pages 1-1.
- Gerardo Marletto, 2009.
"Heterodox Environmental Economix: Theoretical Strands in Search of a Paradigm,"
ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(1), pages 25-33.
- Marletto, Gerardo, 2009. "Heterodox environmental economics: theoretical strands in search of a paradigm," MPRA Paper 19933, University Library of Munich, Germany.
- Zhang Dong & Sana Ullah, 2023. "Towards a Green Economy in China? Examining the Impact of the Internet of Things and Environmental Regulation on Green Growth," Sustainability, MDPI, vol. 15(16), pages 1-15, August.
- Norgaard, Richard B., 2010. "Ecosystem services: From eye-opening metaphor to complexity blinder," Ecological Economics, Elsevier, vol. 69(6), pages 1219-1227, April.
- Andrew Johnston, 2012. "Governing Externalities: The Potential of Reflexive Corporate Social Responsibility," Working Papers wp436, Centre for Business Research, University of Cambridge.
- Aline Chiabai & Ibon Galarraga & Anil Markandya & Unai Pascual, 2013.
"The Equivalency Principle for Discounting the Value of Natural Assets: An Application to an Investment Project in the Basque Coast,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(4), pages 535-550, December.
- Aline Chiabai & Ibon Galarraga & Anil Markandya & Unai Pascual, 2011. "The Equivalency Principle for Discounting the Value of Natural Assets: An Application to an Investment Project in the Basque Coast," Working Papers 2011-10, BC3.
- Steele, Scott R., 2009. "Expanding the solution set: Organizational economics and agri-environmental policy," Ecological Economics, Elsevier, vol. 69(2), pages 398-405, December.
- Gerardo Marletto, 2012. "Which Conceptual Foundations For Environmental Policies? An Institutional And Evolutionary Framework Of Economic Change," Working Papers 0112, CREI Università degli Studi Roma Tre, revised 2012.
- Pellegrini, Lorenzo & Arsel, Murat & Orta-Martínez, Martí & Mena, Carlos F. & Muñoa, Gorka, 2021. "Institutional mechanisms to keep unburnable fossil fuel reserves in the soil," Energy Policy, Elsevier, vol. 149(C).
- Carlos Mario Gómez Gómez & C. D. Pérez-Blanco & David Adamson & Adam Loch, 2018. "Managing Water Scarcity at a River Basin Scale with Economic Instruments," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 1-31, January.
- Gholamreza Zandi & Hoyoung Lee, 2019. "Factors Affecting Environmental Management Accounting and Environmental Performance: An Empirical Assessment," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 342-348.
- Gowdy, John & Rosser, J. Barkley & Roy, Loraine, 2013. "The evolution of hyperbolic discounting: Implications for truly social valuation of the future," Journal of Economic Behavior & Organization, Elsevier, vol. 90(S), pages 94-104.
- Iovanna, Richard & Newbold, Stephen C., 2007. "Ecological sustainability in policy assessments: A wide-angle view and a close watch," Ecological Economics, Elsevier, vol. 63(4), pages 639-648, September.
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.- Daniel Bromley, 2004. "Reconsidering Environmental Policy: Prescriptive Consequentialism and Volitional Pragmatism," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 28(1), pages 73-99, May.
- Lindsey, Robin & Santos, Georgina, 2020. "Addressing transportation and environmental externalities with economics: Are policy makers listening?," Research in Transportation Economics, Elsevier, vol. 82(C).
- Scott, Antony, 1999. "Trust law, sustainability, and responsible action," Ecological Economics, Elsevier, vol. 31(1), pages 139-154, October.
- Bromley, Daniel W., 2003.
"Land-Use Policy as Volitional Pragmatism,"
Agricultural and Resource Economics Review, Cambridge University Press, vol. 32(1), pages 9-17, April.
- Bromley, Daniel W., 2003. "Land Use Policy as Volitional Pragmatism," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 32(1), pages 1-9, April.
- Joan Pasqual & Emilio Padilla, 2006.
"Environmental Management Problems, Future Generations And Social Decisions,"
The IUP Journal of Public Finance, IUP Publications, vol. 0(3), pages 15-59, August.
- Joan Pasqual & Emilio Padilla, 2005. "Environmental management problems, future generations and social decisions," Working Papers wpdea0502, Department of Applied Economics at Universitat Autonoma of Barcelona.
- Bromley, Daniel W., 1998. "Searching for sustainability: The poverty of spontaneous order," Ecological Economics, Elsevier, vol. 24(2-3), pages 231-240, February.
- Howarth, Richard B., 2007. "Towards an operational sustainability criterion," Ecological Economics, Elsevier, vol. 63(4), pages 656-663, September.
- Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
- Gerlagh, Reyer & Keyzer, Michiel A., 2001. "Sustainability and the intergenerational distribution of natural resource entitlements," Journal of Public Economics, Elsevier, vol. 79(2), pages 315-341, February.
- Paavola, Jouni & Adger, W. Neil, 2005. "Institutional ecological economics," Ecological Economics, Elsevier, vol. 53(3), pages 353-368, May.
- 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).
- Marco FRIGERIO & Daniela VANDONE, 2018. "Virtuous or Vicious? Development Banks in Europe," Departmental Working Papers 2018-07, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Wiser, R. H., 2000. "The role of public policy in emerging green power markets: an analysis of marketer preferences," Renewable and Sustainable Energy Reviews, Elsevier, vol. 4(2), pages 177-212, June.
- Nathalie Berta, 2016. "On the definition of externality as a missing market," Post-Print halshs-01277990, HAL.
- Toman, Michael & Pezzey, John C., 2002.
"The Economics of Sustainability: A Review of Journal Articles,"
RFF Working Paper Series
dp-02-03, Resources for the Future.
- Pezzey, John C.V. & Toman, Michael, 2002. "The Economics of Sustainability: A Review of Journal Articles," Discussion Papers 10683, Resources for the Future.
- Marek Wigier, 2015. "Results of Support for Agriculture during the CAP Implementation in Poland," Oblik i finansi, Institute of Accounting and Finance, issue 1, pages 134-144, March.
- Michael Peneder & Spyros Arvanitis & Christian Rammer & Tobias Stucki & Martin Wörter, 2022. "Policy instruments and self-reported impacts of the adoption of energy saving technologies in the DACH region," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(2), pages 369-404, May.
- Marciano, Alain, 2011. "Buchanan on externalities: An exercise in applied subjectivism," Journal of Economic Behavior & Organization, Elsevier, vol. 80(2), pages 280-289.
- Stavins, Robert, 2004.
"Environmental Economics,"
RFF Working Paper Series
dp-04-54, Resources for the Future.
- Robert N. Stavins, 2007. "Environmental Economics," NBER Working Papers 13574, National Bureau of Economic Research, Inc.
- Stavins, Robert, 2004. "Environmental Economics," Working Paper Series rwp04-051, Harvard University, John F. Kennedy School of Government.
- Stavins, Robert N., 2004. "Environmental Economics," Discussion Papers 10841, Resources for the Future.
- Valente, Simone, 2008.
"Intergenerational transfers, lifetime welfare, and resource preservation,"
Environment and Development Economics, Cambridge University Press, vol. 13(1), pages 53-78, February.
- Simone Valente, 2005. "Intergenerational Transfers, Lifetime Welfare and Resource Preservation," Public Economics 0505008, University Library of Munich, Germany.
- Simone Valente, 2006. "Intergenerational Transfers, Lifetime Welfare and Resource Preservation," CER-ETH Economics working paper series 06/55, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Valente, Simone, 2006. "Intergenerational Transfers, Lifetime Welfare and Resource Preservation," MPRA Paper 1042, University Library of Munich, Germany.
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:63:y:2007:i:4:p:676-683. 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.