Alternative Approaches to Economic-Environmental...
Alternative Approaches to Economic-Environmental Interactions
Author(s)
Barbier, Edward B.
Abstract
A central question asked by environmental and resource economists is, “what useful economic functions does the environment provide and how are these functions affected by the process of economic-environmental interaction?” A conventional approach and an alternative approach are outlined here. A model of economic-environmental interaction is constructed based on the alternative approach to show how such a method is suitable for analyzing emerging problems of environmental degradation.
