ARE 262  Home Page

Spring 2008

Peter Berck

 

Topics & Readings

Requirements and such (click here)

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.

 Fisheries

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

The open access fishery and comparison to optimal management.  1/22 and 1/24

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  1/29,31

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

 

 Forestry  (2/5)

Lecture notes on forest planning/historyLegal and political framework for forestry in US.

Lecture notes on forest economics

*P. Berck“The Economics of Timber:  A Renewable Resource in the Long Run.”  Bell Journal of Economics, Vol. 10, No. 2 (Autumn, 1979), pp. 447-461.

*A. G. McQuillan“The Declining Even Flow Effect—Non-Sequitur of National Forest Planning.”  Forest Science, No. 32 (1986), pp. 960-972. (not online, available in the Biosci SD1 .F6145 )

*R. Hartman.  “The Harvesting Decision Where a Standing Forest Has Value.” Economic Inquiry, No. 14 (1976), pp. 52-58.

*Sohngen B, Mendelsohn R "An optimal control model of forest carbon sequestration" AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS 85 (2): 448-457 MAY 2003

K. N. Johnson and H. L. Scheurman.  “Techniques for Prescribing Optimal Timber Harvest.”  Forest Science Monograph, No. 18 (1977). (not online, available in the Biosci SD121.F7 M6 )

P. Berck and T. Bible.  “Solving and Interpreting Large-Scale Harvest Scheduling Problems by Duality and Decomposition.”  Forest Science, Vol. 30, No. 1 (1984), pp. 173-182. (not online, available in the Biosci SD1 .F6145 )

D. Adams and R. Haynes.  “1980 Softwood Timber Assessment Market Model:  Structure, Projections, and Policy Simulations.”  Forest Science Monograph, No. 22 (1980). (not online, available in the Biosci SD121.F7 M6 )

*Gilless, J.K., and J.S. Fried. 1999. Stochastic representation of fire behavior in a wildland fire protection planning model for California. Forest Science 45(4):492-499.

Multiple Use Sustained Yield Act

 

 

Classical Environmental Economics (, 2/7, 2/12, 2/14,2/19,2/26)

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 (2/28and 2/28)

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  3/4

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 (covered on 2/26)

*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 3/4, 3/6

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. 3/6 and 3/11

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.)

 

 

 

Also see the extensive bibliography by Pfaff and Stavins.