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Environmental Quality and Economic Development

Author

Listed:
  • P Shapiro
  • T Miyao
  • T R Smith

    (Department of Geography, University of California, Santa Barbara, California 93106, USA)

Abstract

Economic growth invariably leads to environmental degradation. But in this paper it is shown that economic development may be necessary before a country will adopt a policy of environmental protection. Within the context of an optimal-policy model, this proposition is proved and an optimal policy is derived. It is shown that knowledge of preferences for environmental quality is necessary for such a policy of environmental protection. It is then shown how such preferences can be estimated from market demand. The estimation is carried out with select consumption data.

Suggested Citation

  • P Shapiro & T Miyao & T R Smith, 1979. "Environmental Quality and Economic Development," Environment and Planning A, , vol. 11(10), pages 1147-1156, October.
    • Handle: RePEc:sae:envira:v:11:y:1979:i:10:p:1147-1156
    DOI: 10.1068/a111147
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    References listed on IDEAS

    as
    1. Fuss, Melvyn & McFadden, Daniel (ed.), 1978. "Production Economics: A Dual Approach to Theory and Applications," Elsevier Monographs, Elsevier, edition 1, number 9780444850133.
    2. Deacon, Robert T & Shapiro, Perry, 1975. "Private Preference for Collective Goods Revealed Through Voting on Referenda," American Economic Review, American Economic Association, vol. 65(5), pages 943-955, December.
    3. Robert C. Lind, 1973. "Spatial Equilibrium, the Theory of Rents, and the Measurement of Benefits from Public Programs," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(2), pages 188-207.
    4. Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (I): The Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 1, number fuss1978.
    Full references (including those not matched with items on IDEAS)

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