As tradeable permit programmes mature, two inter-related issues are becoming more critical in creating viable responses to a long-term, highly uncertain environmental problem such as climate change. First, we need to update policies in response to new information; and second, we need to design...

Flaaten’s (1991) study on competing species conjectures that a higher price (harvesting costs) of one species yields a lower (greater) own stock-size and a greater (lower) stock-size of the competing species. I show both conjectures are wrong.

Tropical forests are estimated to release approximately 1.7 PgC per year as a result of deforestation. Avoiding tropical deforestation could potentially play a significant role in carbon mitigation over the next 50 years if not longer. Many policymakers and negotiators are skeptical of our...

Economic organization of the imaginary worlds depicted in popular literary works may be viewed as a mirror to public opinion on the economic organization of life. If a book becomes a best-seller, it is because the book conveys messages, feelings, and events the readers can relate to. In other...

„h The overarching policy framework for resource use and management in Australia is Ecologically Sustainable Development (ESD). ESD requires decision-makers to take into account economic development, the environment and social factors in their decisions. „h Australian legislation has tended...

This paper carries out an empirical assessment of the relationship between social capital and the quality of economic development in Italy. The analysis draws on a dataset collected by the author including about two hundred variables representing different aspects of economic development and...

The Council of Australian Governments, as part of its review of national whole-of-government frameworks for the prevention, preparedness for, and management of a major animal disease emergency such as an FMD outbreak, asked the Productivity Commission to report on the impact of a foot and mouth...

Existing studies analyzing the so-called ‘resource curse’ hypothesis regress growth in gross domestic product (GDP) on some measure of resource-intensity. This is problematic as GDP counts natural and other capital depreciation as income. Deducting depreciation from GDP to arrive at genuine...

Vehicle emissions are falling. As the oldest vehicles in the fleet are scrapped and are replaced by cleaner vehicles, aggregate emissions decline. Given this trend, must costly used car regulation continue? The Clean Air Act of 1990 requires more stringent used car testing without considering...

The 'quality issue' in the agri-food sector has been gaining importance over the past few years. Firms are continually searching for techniques and tools which permit production of goods that meet as many as possible of the characteristics demanded by the market. Quality assurance methods and...