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The Economics of Non-Convex Ecosystems: Introduction

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Author Info
Partha Dasgupta ()
Karl-Göran Mäler
Abstract

The word “convexity” is ubiquitous in economics, but absent fromeconomics. In this paper we explain why, and show what differenceit makes to economic analysis if ecosystem non-convexities aretaken seriously. A simple proof is provided of the connectionbetween “self-similarity” and “power laws”. We also provide anintroduction to each of the papers in the Symposium and draw outthe way in which they form a linked set of contributions. Copyright Kluwer Academic Publishers 2003

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File URL: http://hdl.handle.net/10.1023/B:EARE.0000007347.37345.55
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Publisher Info
Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 26 (2003)
Issue (Month): 4 (December)
Pages: 499-525
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Handle: RePEc:kap:enreec:v:26:y:2003:i:4:p:499-525

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Related research
Keywords: bifurcation points; environmental Kuznets curve; hysteresis; irreversibility; non-convexity; Pontryagin Principle; power laws; property rights; separatrix; structural stability; thresholds;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Starrett, David A, 1973. "A Note on Externalities and the Core," Econometrica, Econometric Society, vol. 41(1), pages 179-83, January. [Downloadable!] (restricted)
  2. Pearce, David W. & Atkinson, Giles D., 1993. "Capital theory and the measurement of sustainable development: an indicator of "weak" sustainability," Ecological Economics, Elsevier, vol. 8(2), pages 103-108, October. [Downloadable!] (restricted)
  3. Cropper, Maureen & Griffiths, Charles, 1994. "The Interaction of Population Growth and Environmental Quality," American Economic Review, American Economic Association, vol. 84(2), pages 250-54, May. [Downloadable!] (restricted)
  4. Heal, G., 1998. "Valuing the Future: Economic Theory and Sustainability," Papers 98-10, Columbia - Graduate School of Business.
  5. Kenneth J. Arrow & Partha Dasgupta & Karl-Göran Mäler, 2003. "The genuine savings criterion and the value of population," Economic Theory, Springer, vol. 21(2), pages 217-225, 03. [Downloadable!] (restricted)
  6. Robert W. Fogel, 1999. "Catching Up with the Economy," American Economic Review, American Economic Association, vol. 89(1), pages 1-21, March. [Downloadable!] (restricted)
  7. Keeler, Emmett & Spence, Michael & Zeckhauser, Richard, 1972. "The optimal control of pollution," Journal of Economic Theory, Elsevier, vol. 4(1), pages 19-34, February. [Downloadable!] (restricted)
  8. Jérôme Chave & Simon Levin, 2003. "Scale and Scaling in Ecological and Economic Systems," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 26(4), pages 527-557, December. [Downloadable!] (restricted)
  9. Arrow, Kenneth & Bolin, Bert & Costanza, Robert & Dasgupta, Partha & Folke, Carl & Holling, C.S. & Jansson, Bengt-Owe & Levin, Simon & M?ler, Karl-G?ran & Perrings, Charles & Pimentel, David, 1996. "Economic growth, carrying capacity, and the environment," Environment and Development Economics, Cambridge University Press, vol. 1(01), pages 104-110, February. [Downloadable!]
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  10. Masahisa Fujita & Paul Krugman & Anthony J. Venables, 2001. "The Spatial Economy: Cities, Regions, and International Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262561476.
  11. R.J. Scholes, 2003. "Convex Relationships in Ecosystems Containing Mixtures of Trees and Grass," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 26(4), pages 559-574, December. [Downloadable!] (restricted)
  12. Grossman, Gene M & Krueger, Alan B, 1995. "Economic Growth and the Environment," The Quarterly Journal of Economics, MIT Press, vol. 110(2), pages 353-77, May. [Downloadable!] (restricted)
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  13. Wagener, F. O. O., 2003. "Skiba points and heteroclinic bifurcations, with applications to the shallow lake system," Journal of Economic Dynamics and Control, Elsevier, vol. 27(9), pages 1533-1561, July. [Downloadable!] (restricted)
  14. Skiba, A K, 1978. "Optimal Growth with a Convex-Concave Production Function," Econometrica, Econometric Society, vol. 46(3), pages 527-39, May. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. William A. Brock & M. Scott Taylor, 2004. "Economic Growth and the Environment: A Review of Theory and Empirics," NBER Working Papers 10854, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Mota, Rui Pedro & Domingos, Tiago, 2004. "Optimal ecosystem management with structural dynamics," MPRA Paper 13344, University Library of Munich, Germany. [Downloadable!]
  3. Anders Skonhoft, 2006. "Economic modeling approaches for wildlife and species conservation," Working Paper Series 7006, Department of Economics, Norwegian University of Science and Technology. [Downloadable!]
  4. Thomas Eichner & Rüdiger Pethig, 2004. "Economic land use, ecosystem services and microfounded species dynamics," Volkswirtschaftliche Diskussionsbeitraege 116-04, Universität Siegen, Fachbereich Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht. [Downloadable!]
    Other versions:
  5. Yacov Tsur & Amos Zemel, 2008. "Regulating environmental threats," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 39(3), pages 297-310, March. [Downloadable!] (restricted)
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