AEC 923: Advanced Environmental and Resource Economics

Fall, 2004

 

 

Course Materials by Section
(Click on links to download)


Section
Topic
 

   
1.
Introduction
  Syllabus
  Readings
    Current calendar for August to December (updated: 9/29)
  In the news at NYT: Yesterday's reports about population boom is a bust and maybe a greener globe
   
2.
Environmental and Resource Economics (ERE)
  Presentation (pdf)
  Worksheet 1
   
3.
Externalities: Pigouvian Taxes, Standards, and Efficiency I
    Presentation (pdf)
     
4.
Externalities: Pigouvian Taxes, Standards, and Efficiency I
    Background presentation (pdf)
    Discussion and proofs of propositions 1 to 6
    NYTimes: pollution in China (rivers) (fish)
     
5.
Pigovian Taxes in Theory and Practice
    Background presentation (pdf)
    Presentation on Fullerton and West (2002)
    Presentation on Fullerton and Wu (1998)
     
6.
The Double Dividend and Tax Interaction Effects
    Presentation on Goodstein (2003)
    Presentation on Parry et al (1999)
     
7.
Taxes versus Quantity Controls under Uncertainty
    Short in-class presenations
     
8.
Standards in Practice
    Incentives for Innovation: Emission Taxes versus Standards
    List, Millimet, and McHone (2004)
    McClelland and Horowitz (1999)
     
9.
Ronald Coase and Environmental Policy
    Discussion of Coase's "The Problem of Social Cost," JLE, 1960.
    Can we model the zero transaction case in a one person/two firm case?
Items of interest:
  Nobel prize lecture
  Biography of Ronald Coase
  Nobel Prize press release
 
10.
A Coasian Implication: Trading in Pollution Abatement
    Presentation on Section 5.2 in Hanley et al
    Presentation on Sections 5.3 and 5.4 in Hanley et al
     
11.
Tradeable Permits
    Tietenberg 1999
    Newell and Rogers 2003
    Montero, Sanchez, and Katz (2002)
     
12.
Tradeable Permits and Transactions Costs
  Stavins 1995
    Water Quality, Trading, and Agriculture
   
13 & 14.
Environmental Liability: Models and Empirical Analysis
  Segerson and Tietenberg 1992 (not received from presenter)
    Alberini and Austin 1999 (not received from presenter)
    Laplante and Rilstone 1996 (not received from presenter)
     
15.
Public Goods and Private Provision
    Cornes and Sandler 1986, Chapter 5
  Cornes and Sandler 1986, Chapter 6
    Brekke, Kverndokk, and Nyborg 2003
     
16.
Ethics and Social Capital in Public Goods Supply
    Andreoni and Petrie 2004
    Rege and Telle 2004
    Peters, Unur, Clark, and Schulze 2004 (not received from presenter)
     
17. Midterm
    Questions and answers
     
18. & 19. Common Property and the Evolution of Resource Institutions
    Questions for study
    Libecap and Smith 2002
    Munoz-Pina, de Janvry, and Sadoulet 2003 (not received from presenter)
    Ostrom 1990 (not received from presenter)
     
20.
Information Disclosure and Emissions Control
  Tietenberg and Wheeler 1998 (not received from presenter)
  Foulon, Lanoie, and Laplante 2002
  Khanna and Damon 1999
   
23.
Political Economy
    Lee and Alm 2004
    Helland and Whitford 2004
    Fernandez 2004
     
24.
The Porter Hypothesis, Technological Change, and the Kuznets Curve
    Dasguptha et al 1995
    Harbaugh et al 2002
    Porter and van der Linde 1995 (not received from presenter)
    Palmer et al 1995
     
25.
Trade and Environmental Quality
    Presentation on Copeland and Taylor (2004), and Antweiler et al (2001)
     
26
Valuation Methods in Action and in Theory
    Click to download readings: Flores, McCollum
    World Bank Report:
      Pagiola, von Ritter, and Bishop, Assessing the Economic Value of Ecosystem Conservation, 2004
      How Much is an Ecosystem Worth? Assessing the Economic Value of Conservation
       
     

Items of Interest
    Jobs
1.
List of Employers and Agencies in ERE (N.C. State CENREP)
    Links
2.
USDA Water Quality Information Center
3.
Bookmarks in ERE (Professor Trudy Ann Cameron)
    News and articles
4.
The Macroeconomics of Happiness (Does Income Increase Happiness?)
5.
News: Calfornia's Plan to Cut Automobile CO2 Emissions
  CAB Analysis of the CA Regulations