The theoretical claims for eco-tariffs are rigorously analyzed within a unified framework formed of an international trade model enriched with both a domestic and a global externality. During the course of the analysis the model is modified to analyze an array of contexts for which eco-tariffs have been claimed to improve environmental quality or welfare. The circumstances and conditions are characterised under which such tariffs can be shown to improve environmental quality and social welfare, taking account of general equilibrium effects. The theoretical results are applied in a policy...

Economic dimensions have been somewhat neglected in research on nature policy and management of marine ecosystem exploitation. The current book aims to ?ll this gap. It examines the mismatches of natural, socio-economic, and regulatory processes and regimes in time and space. This involves dealing with the complexity and uncertainty that are inherent to the interaction of marine ecosystems and economic systems. The approach adopted is based on the idea that the design of sustainability policies requires an integration of insights from resource, environmental, and ecological economics on...

Photosynthesis: Photobiochemistry and Photobiophysics is the first single-authored book in the Advances in Photosynthesis Series. It provides an overview of the light reactions and electron transfers in both oxygenic and anoxygenic photosynthesis. The scope of the book is characterized by the time frame in which the light reactions and the subsequent electron transfers take place, namely between -12 and >=10^-3 second. The book is divided into five parts: An Overview; Bacterial Photosynthesis; Photosystem II & Oxygen Evolution; Photosystem I; and Proton...

After a period of relative silence, recent years have been marked by an upswing of interest in environmental issues. The publication of the report of the World Commission on Environment and Development on 'Our Common Future' (1987) has acted as a catalyst for a revival of the environmental awareness, not only regarding local and daily pollution problems, but also -and in particular- regarding global environmental decay and threats to a sustainable development. In a recent study by W.M. Stigliani et al., on 'Future Environments for Europe' (Executive Rep~rt 15, IIASA, Laxenburg, 1989) the...

This book is the second edition of a text based on a report commissioned by the Swedish International Development Authority (SID A). The financial grant from SIDA which made the work possible is hereby gratefully acknowledged. There are already many books on the market about environmental economics, some of them very good. What is special about this one? We do not claim to have obtained new results, but we have our own way of presenting the subject matter. In particular, we are of the opinion that policy failures are often overlooked as an obstacle to efficient environmental management....

Freer Trade, Sustainability, and the Primary Production Sector in the Southern European Union is the first full-scale academic work to cap ture the primary production sector policy aspects of trade liberaliza tion and sustainability with a detailed focus on a typical southern EU country, Greece. Many efforts were pooled together in making this book. In May 1996 the Department of Economics of the University of Crete organ ized an international conference on European Agriculture in the light of the recent WTO agreement and the need for sustainable develop ment. The conference was sponsored by...

This book shows, we believe, the breadth and the complexity of issues that econo mists now tackle in their analysis of the connections between the ecosystem and the economic system. The book offers contributions to such disparate issues as the value of preserving the wolf in Sweden and the proper distribution of permits in an effective global warming treaty. Because these questions remain at the fore front of important resource allocation problems that need to be confronted, it is only appropriate that they are represented in a book that intends to paint a picture, albeit certainly...

In the policy arena, as well as in the academic world, a new challenge is having to deal with the global community. We are increasingly aware that the world is linked through economy energy environment interactions. We are increasingly aware, at the same time, that the emergence of the global community does not imply an integrated harmonious world; rather, it is a community where co- tries/regions of different interests and values face each other directly. Global governance has to be achieved through actions of national governments under different motives and constraints. We need to have an...

The marginal price elasticities estimated by Martinez-Espineira conforms to expectation. The price specification that accounts for the changing proportion of water users in each block yields a higher elasticity (-0. 47) compared to the spec ification ignoring this feature of the data. However, this difference is not found to be statistically significant, a result attributed to the low power of the test (small sample size limiting the accuracy of estimates). In conclusion, the paper provides a theoretically correct price specification for demand functions under block pricing and aggregate...