The Maxwell School
Syracuse University
Syracuse University
| Efficiency, Discount Rates and Compensation
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| Tietenberg, Chapter 4. | |
| Burtraw, Dallas and Paul R. Portney (1991), "The Role of Compensation in Market-Based Environmental Policies," mimeo, April. (Stresses that transparent compensation policies are politically necessary in solving environmental problems.) | |
| Bradford, David F. (1975), "Constraints on Government Investment Opportunities and the Choice of Discount Rate," American Economic Review, December, pp. 887-899. | |
| Cropper, Maureen L. and Paul R. Portney (1990), "Discounting and the Evaluation of Lifesaving Programs," Journal of Risk and Uncertainty, 3, 369-379. | |
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Scarcity and Growth
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| Fisher, Chapter 4. | |
| Meadows, Donella H., et al. (1972), The Limits to Growth, New York: Universe Books. (The definitive book on the alarmist view that the world is about to run out of crucial resources. Highly influential in its day but nearly devoid of economics and humorously far off in its predictions.) | |
| Barnett, Harold J. and Chandler Morse (1963), Scarcity and Growth: The Economics of Natural Resource Availability, Baltimore: Johns Hopkins University Press. (An excellent and thoughtful empirical study of resource scarcity that predated Limits to Growth by a decade but was ignored by Meadows, et al.) | |
| Fisher, A.C. (1979), "Measures of Natural Resource Scarcity," in V.K. Smith (ed.), Scarcity and Growth Reconsidered, Baltimore: Johns Hopkins University Press. | |
| Norgaard, Richard B. (1990), "Economic Indicators of Resource Scarcity: A Critical Essay," Journal of Environmental Economics and Management, 19(1): 19-25. | |
| Devarajan, S. and A. Fisher (1982), "Measures of Resource Scarcity Under Uncertainty," in V.K Smith and J. Krutilla (eds.), Explorations in Natural Resource Economics, Baltimore: Johns Hopkins University Press. | |
| Nordhaus, William D. (1974), "Resources as a Constraint on Growth," American Economic Review, May, pp. 22-26. | |
| Simon, Julian L. (1981), The Ultimate Resource, Princeton: Princeton University Press. (Simon is a vocal advocate of the view that substitution and techincal change can easily overcome any shortages of natural resources.) | |
| Daly, Herman E. (1979), "Entropy, Growth, and the Political Economy of Scarcity," in V. Kerry Smith (ed.) Scarcity and Growth Reconsidered, Baltimore: Johns Hopkins University Press. (Daly is one of the leading advocates of the view that resource scarcity is a serious problem requiring profound changes in the world economy.) | |
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Resources and National Income Accounting
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| Peskin, Henry M. (1989) "Accounting for Natural Resource Depletion and Degradation in Developing Countries," mimeo, January. (Responds to concerns that conventional national income accounting might seriously overstate the GDP of resource-intensive developing countries by not properly accounting for resource depletion.) | |
| Mansoorian, Arman (1991), "Resource Discoveries and 'Excessive' External Borrowing," Economic Journal, 101(409): 1497-1520. | |