Welfare economics and environmental problems
Bibliographic Data
| ID | 19269086 |
|---|---|
| Authors | Santiago A Torres (Austral University of Chile), David Pearce (0000-0003-1008-6955, University of Aberdeen), David W Pearce |
| Year | 1979 |
| Volume | 13 |
| Issue | 3 |
| Pages | 191-200 |
| Publication date | 1979-03-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | International Journal of Environmental Studies (JOURNAL) |
| Journal identifiers | ISSN: 0020-7233 • E-ISSN: 1026-7476 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00207237908709822 |
| OpenAlex | W2024996575 |
| Language | CA |
| Citations received | 3 |
This paper sets out to place the subject matter of environmental management in a context wider than that traditionally used by economists. This traditional context is defined by the use of “neoclassical” welfare economics which, in its modern form, has been revived in the form of cost‐benefit analysis. The authors establish that this framework neglects the overall functions of the ecosystem as a life‐support system and argue that the partial nature of welfare economics assessments of environmental programmes will cause a neglect of the “ ecodimension” effects. They propose a model in which ecological impacts are integrated into the standard economic model, securing results which differ considerably from those of the latter approach. In particular, they show that consideration of ecological effects dictates much stricter environmental standards than would otherwise be the case
Context (archaeology) · Ecological economics · Economic growth · Economics · Geography · Neglect · Public economics · Subject matter · Sustainability · Welfare · Climate Change Policy and Economics · Ecology · Economic and Environmental Valuation · Sustainable Development and Environmental Policy
| Unique citing works | 3 |
|---|---|
| Citations per year | 0.07 |
| Citation span | 1981 - 1987 (7) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |