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Ill-behaviour of transformation-frontiers with environmental quality versus pollution

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  • Wolfgang Ströbele

Abstract

If one looks at environmental quality N as a renewable natural resource (with its own natural dynamics) which is changed by emissions Z, then one gets a better understanding of the shape of the damage function. In the case of a logistic growth dynamics one obtains a well-shaped transformation frontier N(Z), even in a two-species natural dynamics. For a more general natural interaction in the framework of a prey-predator model one obtains the possibilities of a cusp catastrophe which makes the transformation frontier N(Z) ill-shaped for the standard arguments of economists and their most favoured environmental policy instruments. Copyright Kluwer Academic Publishers 1992

Suggested Citation

  • Wolfgang Ströbele, 1992. "Ill-behaviour of transformation-frontiers with environmental quality versus pollution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 2(1), pages 19-32, January.
    • Handle: RePEc:kap:enreec:v:2:y:1992:i:1:p:19-32
    DOI: 10.1007/BF00324687
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    References listed on IDEAS

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    1. Siebert, Horst, 1982. "Nature as a life support system: Renewable resources and environmental disruption," Open Access Publications from Kiel Institute for the World Economy 3569, Kiel Institute for the World Economy (IfW Kiel).
    2. Johansson, Per-Olov, 1990. "Valuing Environmental Damage," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 6(1), pages 34-50, Spring.
    3. Ulph, Alistair, 1989. "A Review of Books on Resource and Environmental Economics," Bulletin of Economic Research, Wiley Blackwell, vol. 41(3), pages 219-228, July.
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