Indian Statistical Institute, Delhi
MSQE
Spring 2012
Instructor: E. Somanathan
Updated: 9/1/2012
A "*"
denotes required reading.
Reference books:
Sterner, Thomas (2003). Policy Instruments for Environmental and Natural Resource Management. Resources For the Future, the World Bank, and SIDA.
Hanley, Nick, Jason Shogren, and
Ben White (1997). Environmental Economics in Theory and Practice. Oxford University Press.
J.R. McNeill (2000). Something New Under the Sun: An Environmental History of the Twentieth-Century World. New York and London: W.W. Norton.
* Heal, Geoffrey (2002). "Valuing ecosystem services" in B. Kristrom, P. Dasgupta, K-G. Lofgren (Eds.) Economic Theory for the Environment: Essays in Honour of Karl-Goran Maler, Cheltenham: Edward Elgar.
* Hanley, Shogren, and White (1997), Environmental Economics in Theory and Practice. Chapter 12: The Theory of Non-Market Valuation. pp. 356-367.
Jason F. Shogren, Seung Y. Shin, Dermot J. Hayes, James B. Kliebenstein (1994). "Resolving Differences in Willingness to Pay and Willingness to Accept." American Economic Review 84(1): 255-70.
* Hanley, Shogren, and White (1997), Chapter 13: Methods for Valuing Environmental Costs and Benefits.
* Cutler, D. and G. Miller (2005). "The role of public health improvements in health advances: the twentieth-century United States." Demography 42(1): 1-22.
* Bhattacharya, S., Alberini, A. and M. Cropper (2007). "The value of mortality risk reductions in Delhi, India." Journal of Risk and Uncertainty 34(1): 21-47.
* Griffin, C. et. al. (1995). Contingent Valuation and Actual Behavior: Predicting Connections to New Water Systems in the State of Kerala, India World Bank Economic Review 9(3): 373-395.
* Smith, K. R. (2000). "National burden of disease in India from indoor air pollution." Proceedings of the National Academy of Sciences of the USA 97(24): 13286-13293.
K. J. Arrow and A. C. Fisher (1974). "Environmental Preservation, Uncertainty, and Irreversibility." Quarterly Journal of Economics 88(2): 312-319.
Choice of instruments for regulation of pollution under certainty and uncertainty. Quotas, emissions charges or taxes, subsidies for abatement, tradeable permits. Informational strategies.
* Sterner, Chapters 6-8.
* Martin L. Weitzman (1974). "Prices vs. Quantitites." Review of Economic Studies, 41(4): 477-91.
A. Mitchell Polinsky (1979). Notes on the Symmetry of Taxes and Subsidies in Pollution Control The Canadian Journal of Economics, 12(1): 75-83.
* Paul B. Downing and Lawrence J. White (1986). "Innovation in Pollution Control." Journal of Environmental Economics and Management 13: 18-29.
* Sterner, T. (2007). "Fuel taxes: An important instrument for climate policy." Energy Policy 35(6): 3194-3202.
* Datta, A. (2009). "The Incidence of fuel taxation in India." Energy Economics 32(Supplement 1): S26-S33.
Centre for Science and Environment (2009). Turnaround. Reform Agenda for India's Environmental Regulators.
* Greenstone, M. and R.
Hanna (2011). "Environmental Regulations, Air and Water Pollution, and
Infant Mortality in India." National Bureau of Economic Research.
* Tom Tietenberg and David Wheeler (1998). Empowering the Community: Information Strategies for Pollution Control.
* James K. Boyce (2001). Power Inequalities and the Political Economy of Environmental Protection (Word format)
* Sterner, Chapters 20, 22.
* Sterner, Chapter 27.
Renewable resource extraction in a dynamic setting under open access and private ownership. Conditions for the optimality of extinction from the perspective of a single owner. Common property, an intermediate case. The likelihood of extinction: further considerations (terrestrial species, storability of the harvest).
* Colin W. Clark (1976). Mathematical Bioeconomics Extracts from Chapter 2, available in PU office.
N.S. Jodha (1990). "Rural Common Property Resources: Contributions and Crisis." Economic and Political Weekly, June 30, 1990.
* Rajiv Sethi and E. Somanathan (1996). "The Evolution of Social Norms in Common Property Resource Use." American Economic Review, 86(4): 766-88.
* Somanathan, E., R. Prabhakar, and B. S. Mehta (2009). "Decentralization for cost-effective conservation." Proceedings of the National Academy of Sciences of the USA, 106(11): 4143-4147.
* Baland, J-M. (2009). "Forest degradation and the role of public authorities: the case of the Nepalese and Indian forests."Agence Française de Développement.
* Timothy M. Swanson (1994). "The Economics of Extinction Revisited and Revised: A Generalised Framework for the Analysis of the Problems of Endangered Species and Biodiversity Losses." Oxford Economic Papers 46: 800-821.
* Sterner, Chapter 28.
Intergovernmental Panel on Climate Change (2007). "Assessment Report 4, Synthesis Report. Summary for Policy Makers."
Climate Damages: Empirics
Guiteras, R. (2009). "The Impact of Climate Change on Indian Agriculture." University of Maryland.
* Dasgupta, P. (2008). "Discounting climate change." Journal of Risk and Uncertainty 37(2): 141-169.
* Weitzman, M. L. (2007). "A review of the Stern Review on the economics of climate change." Journal of Economic Literature 45(3): 703-724.
* Sterner, T. and U. M. Persson (2008). "An Even Sterner Review: Introducing Relative Prices into the Discounting Debate." Review of Environmental Economics and Policy 2(1): 61-76.
* Howarth, R. (1996). "Status effects and environmental externalities." Ecological Economics 16(1): 25-34.
Climate Negotiations
Barrett, S. (2005). Environment and statecraft: the strategy of environmental treaty-making, Oxford University Press, USA.
Chakravarty, S., and E. Somanathan (2012). "Learning Rates and the Green Energy Deployment Game."