ARE 261 2008  Home Page

fall 2008

Peter Berck

 

Topics & Readings

 

http://www.microsoft.com/Downloads/details.aspx?familyid=E985ED98-5003-4DC1-88EC-3E151E4DC790&displaylang=en  is the viewer for the 2007 ppx files.  Most are .ppt, however.

 

 

 

Classical Environmental Economics (4-5 lectures)

Overview Lecture  

Berck and Helfand's review of theory

R. Coase "The Problem of Social Cost,"  Journal of Law and Economics Vol. 3. (Oct., 1960), pp. 1-44.

NYT magazine  April 4, 2004  "Changing all the rules" by Bruce Barcott.  Section 6; Column 1; Magazine Desk; Pg. 38 (New Source Performance Standards)

New Source Review Ruling

W. David Montgomery, "Markets in Licenses and Efficient Pollution Control Programs,"  Journal of Economic Theory 5(1972):395-418.

Economywide Effects of Regulation, Double Dividend (1-2 lectures)

P.A. Diamond and J. Mirrlees.  Optimal Taxation  AER March 1971   Part I   &    Part II

Lecture Notes on Diamond & Mirrless (DM)

Lecture Notes on Goulder et al and Fullerton.

A. Lans Bovenberg; Lawrence H. Goulder Optimal Environmental Taxation in the Presence of Other Taxes: General- Equilibrium Analyses ,  The American Economic Review, Vol. 86, No. 4. (Sep., 1996), pp. 985-1000

Don Fullerton Environmental Levies and Distortionary Taxation: Comment  The American Economic Review, Vol. 87, No. 1. (Mar., 1997), pp. 245-251.

Lawrence H. Goulder; Ian W. H. Parry; Dallas Burtraw Revenue-Raising versus Other Approaches to Environmental Protection: The Critical Significance of Preexisting Tax Distortions The RAND Journal of Economics, Vol. 28, No. 4. (Winter, 1997), pp. 708-731

Fullerton, Don and Metcalf, Gilbert E., Environmental Taxes and the Double-Dividend Hypothesis: Did You Really Expect Something for Nothing? National Bureau of Economic Research Working Paper: 6199 September 1997; 36

Berck, P. and Hess, P.  Assessing the Economic Impact of Large Scale Environmental Regulations in California

Powerpoint presentation on Statewide Effects of Transport Policy

 

Environmental Regulation under Uncertainty  (1 lecture)

Prices vs. Q. lecture

*M.L. Weitzman,   "Prices vs Quantities"  The Review of Economic Studies, Vol. 41, No. 4. (Oct., 1974), pp. 477-491.

Hanley, Shogren, White.  p 91 et seq. 

*Segerson, K. 1988 Uncertainty and Incentives for Nonpoint Pollution Control.  JEEM 15:87-98.

Evan Kwerel "To Tell the Truth: Imperfect Information and Optimal Pollution Control" The Review of Economic Studies, Vol. 44, No. 3. (Oct., 1977), pp. 595-601

David P. Baron, "Regulation of Prices and Pollution under Incomplete Information,"  Journal of Public Economics Volume 28, Issue 2 , November 1985, Pages 211-231

Economics of Monitoring 2/26 (0.5 lectures)

*Devon Garvie and Andrew Keeler.  Incomplete enforcement with endogenous regulatory choice  J. o f Public Econ. vol 55 no 1. 1994. pp. 141-162

(sorry, link is only to journal--link to article not stable.)

Millock, Sunding Zilberman.  "Regulating Pollution with Endogenous Monitoring."  JEEM 44 221-241 (2002)

W. Kip Viscusi and Richard Zeckhauser, "Optimal Standards with Incomplete Enforcement,"  Public Policy 27(Fall 1979): 437-456. (not online, available in the Main JA51 .P8)

Carol A. Jones, "Standard Setting With Incomplete Enforcement Revisitied,"  Journal of Policy Analysis and Management, 8(1990):72-87 (not online, available in the Law Lib KF450.P8 J68)

 

 

Other Topics in Pollution Control

Garbage and Recycling (1-2 lectures)

Lecture notes on garbage

Lecture notes California recycling

Kinnaman,-Thomas-C; Fullerton,-Don "The Economics of Residential Solid Waste Management" National Bureau of Economic Research Working Paper: 7326 August 1999; 31

Fullerton, Don and Woverton, Ann.  "Two Generalizations of a Deposit Refund Systems" National Bureau of Economic Research Working Paper: 7505 Jaunary 2000

Kinnaman,-Thomas-C and Fullerton,-Don "Garbage and Recycling with Endogenous Local Policy" Journal of Urban Economics. November 2000; 48(3): 419-42

*P. Berck, et al.  California Recyling Study

Bohm.  Deposit Refund Systems.  by Johns Hopkins/Resources for the Future. (not online, available in the Main HC79.E5 .B63) Agricultural Pollution--Manure.

*Roe,-Brian; Irwin,-Elena-G and Sharp,-Jeff-S "Pigs in Space: Modeling the Spatial Structure of Hog Production in Traditional and Nontraditional Production Regions" American Journal of Agricultural Economics. May 2002; 84(2): 259-78

Innes,-Robert "The Economics of Livestock Waste and Its Regulation" American Journal of Agricultural Economics. February 2000; 82(1): 97-117

*Livingston "The Manure hits the Land."  AJAE forthcoming (it will be available here as soon as it is out)

Peter's lecture notes on manure


Pollution from Automobiles. (1-2 lectures)

Lecture notes on autos

Links and Abstracts for Papers on Cars, Gasoline, and Pollution


*Winston Harrington and Virginia D. McConnell "Motor Vehicles and the Environment" April 2003 | Executive Summary

*Kling,-Catherine-L Emission "Trading vs. Rigid Regulations in the Control of Vehicle Emissions" Land Economics. May 1994; 70(2): 174-88

Rubin,-Jonathan and Kling,-Catherine, "An Emission Saved Is an Emission Earned: An Empirical Study of Emission Banking for Light-Duty Vehicle Manufacturers" Journal of Environmental Economics and Management November 1993; 25(3): 257-74

Fullerton,-Don and West,-Sarah-E "Tax and Subsidy Combinations for the Control of Car Pollution" National Bureau of Economic Research Working Paper: 7774 July 2000; 29

and a small selection of demand for gasoline:

William C. Wheaton.  "The Long-Run Structure of Transportation and Gasoline Demand"  Bell Journal of Economics.  13(1982)2:439-454

Scott Atkinson; Robert Halvorsen.  "A New Hedonic Technique for Estimating Attribute Demand:  An Application to Demand for Automobile Fuel Efficiency."  Review of Economics and Statistics 66(1984)3:417-26

Richard Schmalensee and Thomas Stoker.  "Household Gasoline Demand in the United States." Econometrica  67(1999)3:645-

Molly  Espey.   "Gasoline Demand Revisited:  an international meta analysis of elasticities."   The Energy Journal 20(1998) 273-295  (via science direct)

Hughes, Knittel, Sperling.  "Evidence of a shift in the Short-Run Price Elasticity of Gasoline Demand"  Energy Journal vol 29 #1 2008

Parry, Ian, and Ken Small.  "Does the US or Britain have the Right Gas Tax."  American Economic Review Vol. 95 # 4.  (in Jstor.org)

Bento, et al.  Distributional and Efficiency Impacts of Increased Gasoline Prices  (working paper)

and just because I like it:

Kenneth Train.  "Discount Rates in Consumers' Energy-Related Decisions:  A Review of the Literature.  Energy Journal 12(10) 1985:1243-1253 (if you use Google you will find an online copy.)

 Fisheries

Open Access and Private Ownership--The simple models in detail

The open access fishery and comparison to optimal management.  9/16 and 9/18

Chapter 9.  Hanley, Shogren White.

*Grafton RQ, Squires D, Fox KJ "Private property and economic efficiency: A study of a common-pool resource" JOURNAL OF LAW & ECONOMICS 43 (2): 679-713 OCT 2000

*P. Berck and C. Costello.  The Regulated and Ruined Fishery.  Mimeo 2003

*Homans FR, Wilen JE "A model of regulated open access resource use" JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 32 (1): 1-21 JAN 1997

Martin D. SmithCorresponding Author Contact Information, E-mail The Corresponding Author, a and James E. Wilen   Economic impacts of marine reserves: the importance of spatial behavior JEEM   Volume 46, Issue 2, September 2003, Pages 183-206 doi:10.1016/S0095-0696(03)00024-X  

Costello and Kaffine--Can Spatial Rights Fix Fisheries.  (Can get copies if interested.)

Basics of Fish Slides

Fisheries slides

Other papers:

BERCK,P.,AND G. JOHNS (1991): “Estimating Structural Resource Models when Stock is Uncertain: Theory and an Application to Pacifc Halibut,” in Stochastic Models and Option Values , ed. by D. Lund, and B. Oksendal. North Holland, Amsterdam. (not online, available in the Bus&Econ HG4515.2 .S76 1991)

R. T. Deacon.  “An Empirical Model of Fishery Dynamics.”  Journal of Environmental Economics and Management, No. 16 (1989), pp. 167-183.

Weitzman ML "Landing fees vs harvest quotas with uncertain fish stocks" JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 43 (2): 325-338 MAR 2002

D. Levhari and L. Mirman. “The Great Fish War:  An Example Using a Dynamic Cournot-Nash Solution.”  Bell Journal of Economics, No. 11 (1980).

Open Access and Private Ownership--The simple models in detail

 

Conservation of Species and Extinction  (2 lectures, but unlikely to be covered in '08)

Fishery and Extinction Lecture

Conservation Lecture  October 26

*P. Berck.  “Open Access and Extinction.”  Econometrica, No. 47 (1979), pp. 877-882.

*Kremer M, Morcom C "Elephants" AMERICAN ECONOMIC REVIEW 90 (1): 212-234 MAR 2000

*Bulte E.H. and G.C. van Kooten, 1999. "Economics of antipoaching enforcement and the ivory trade ban" American Journal of Agricultural Economics 81: 453-466

*Livingston MJ, Carlson GA, Fackler PL "Managing resistance evolution in two pests to two toxins with refugia" AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS 86 (1): 1-13 FEB 2004
 

Other papers.

Krutilla J  "Conservation Reconsidered" John V. Krutilla  The American Economic Review, Vol. 57, No. 4. (Sep., 1967), pp. 777-786.

Gardner and Shogren.  Economics of the Endangered Species Act J. Economic Perspectives. Vol 12 no. 3 Summer 1998, p.3-20

POLASKY S, SOLOW AR "ON THE VALUE OF A COLLECTION OF SPECIES" JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 29 (3): 298-303 Part 1 NOV 1995

Ando, AW "Do interest groups compete? An application to endangered species" PUBLIC CHOICE 114 (1-2): 137-159 JAN 2003

Targeting lands for conservation  Lecture

Crost on Livingston Refugia

 

 

 

 

Also see the extensive bibliography by Pfaff and Stavins.