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Research Trends and Opportunities in Environmental and Natural Resource Economics

Author

Listed:
  • Robert Deacon
  • Charles Kolstad
  • Allen Kneese
  • David Brookshire
  • David Scrogin
  • Anthony Fisher
  • Michael Ward
  • Kerry Smith
  • James Wilen

Abstract

The research questions and topics most likely to emerge in the near term future are assessed. A common theme is that policy issues will be an important driving force, as has generally been true in the past. More specifically, future theoretical advances are expected to occur in the treatment of uncertainty, the incorporation of stock service flows into natural resource analysis, and the incorporation of institutional considerations into models of resource exploitation. Research on valuation is expected to remain vigorous, primarily in the testing of basic assumptions and reconciliation of existing inconsistencies. Opportunities in renewable resource economics center on the incorporation of richer behavioral and technological detail in the general frameworks that already exist. A better understanding of what drives technology, and how environmental agreements can be negotiated and enforced among sovereign nations, are two topics likely to shape future research on global externalities. Finally, questions related to spatial aspects of natural resource use, and matters of land use more generally, seem likely to emerge as important topics on the profession's future research agenda. Copyright Kluwer Academic Publishers 1998

Suggested Citation

  • Robert Deacon & Charles Kolstad & Allen Kneese & David Brookshire & David Scrogin & Anthony Fisher & Michael Ward & Kerry Smith & James Wilen, 1998. "Research Trends and Opportunities in Environmental and Natural Resource Economics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 383-397, April.
  • Handle: RePEc:kap:enreec:v:11:y:1998:i:3:p:383-397
    DOI: 10.1023/A:1008247412458
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    More about this item

    Keywords

    economics; environment; natural resources; research;
    All these keywords.

    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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