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慶應義塾OCW >>コース一覧 >> 経済学部>> ENVIRONMENTAL ECONOMIC THEORY(PCP)(2007秋学期)

ENVIRONMENTAL ECONOMIC THEORY(PCP)(2007秋学期)

【講義一覧】

[01]

Introduction

  • Explanation of environmental problems.
  • Environmental economics as a tool to solve actual environmental problems.
  • Externalities and transaction.
  • Interface of economics and law
[02]

Environmental resources as public goods

  • Definition of public goods.
  • Pareto optimality of an economy where public goods exist.
  • Optimal supply of public goods.
  • Difference between normal public goods and environmental resources.
[03]

Externalities and environmental problems

  • What are externalities?
  • Inefficient allocation of resources due to externalities.
  • Internalization of externalities: some examples.
  • Polluter Pays Principle: Who is a polluter?
[04]

How to solve environmental problems (1): Command and control

  • What is command and control?
  • Effectiveness of command and control.
  • Shadow value of environmental cost.
  • Some examples.
[05]

How to solve environmental problems (2): Taxation

  • Pigouvian Tax.
  • Efficiency of Pigouvian tax.
  • Why isn’t Pigouvian tax adopted in real environmental policies?
  • Environmental tax in a real economy.
[06]

How to solve environmental problems (3): Tradable emission permits

  • What are tradable emission permits?
  • Efficiency of tradable emission permits.
  • Merits and demerits of emission permits.
  • Comparison between environmental tax and tradable permits.
[07]

How to solve environmental problems (4): Bargaining and the Coase Theorem

  • What it the Coase Theorem?
  • Property rights and environment.
  • Polluter Pays Principle vs. Victim Pays Principle.
  • Some examples.
[08]

Reproducible natural resources

  • Problems due to open access.
  • Explanation of open access equilibrium.
  • Why does extinction happen?
  • Dynamic aspects of reproducible natural resources.
[09]

Non-reproducible natural resources

  • The Hotelling rule.
  • Backstop technology.
  • Efficiency of a market economy.
  • Why aren’t non-reproducible natural resources exhausted?
[10]

Waste treatment and recycling

  • Circumstances of waste and recycling.
  • Efficient treatment and recycling of waste.
  • Exhaustion of landfill.
  • A new waste treatment policy: Extended Producer Responsibility.
[11]

Deposit-refund system

  • What is a deposit-refund system?
  • How does it work?
  • Merits and demerits of a deposit-refund system?
  • Some examples.
[12]

Evaluation of environment

  • Why is evaluation of environment required?
  • Travel cost approach.
  • Contingency Valuation Method.
  • Limits of evaluation of environment.
[13]

Economic growth and environment

  • Income distribution and environmental degradation.
  • Environmental Kuznets Curve.
  • The limits of economic growth.
  • Technical progress and environmental conservation.

 

 

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