Much applied environmental economics is concerned with the valuation of changes in environmental quality. Obtaining reliable valuation estimates requires attention to theoretical and econometric issues that are often quite subtle. Volume 2 of the Handbook of Environmental Economics presents both the theory and the practice of environmental valuation. It synthesizes the vast literature that has accumulated since the publication of the Handbook of Natural Resource and Energy Economics two decades ago. It includes chapters on individual valuation methods written by researchers responsible for...

Many of the frontiers of environmental economics research are at the interface of large-scale and long-term environmental change with national and global economic systems. This is also where some of the most of challenging environmental policy issues occur. Volume 3 of the Handbook of Environmental Economics provides a synthesis of the latest theory on economywide and international environmental issues and a critical review of models for analyzing those issues. It begins with chapters on the fundamental relationships that connect environmental resources to economic growth and long-run social...

The remarkably rich natural environment of Malaysia attracts the interest of both developers and environmentalists. Managing Natural Wealth analyzes major natural resource and environmental policy issues in the country during the 1970s and 1980s - a period of profound socioeconomic change, rapid depletion of natural resources, and the emergence of serious problems with pollution. Managing Natural Wealth builds on Environment and Development in a Resource-Rich Economy: Malaysia under the New Economic Policy, a path-breaking book that emphasized economics as a source for analyzing the issues...

The remarkably rich natural environment of Malaysia attracts the interest of both developers and environmentalists. Managing Natural Wealth analyzes major natural resource and environmental policy issues in the country during the 1970s and 1980s - a period of profound socioeconomic change, rapid depletion of natural resources, and the emergence of serious problems with pollution. Managing Natural Wealth builds on Environment and Development in a Resource-Rich Economy: Malaysia under the New Economic Policy. First published in hardcover in 1997, this path-breaking book emphasized economics as...