The Economics of Natural Resources |
Contents
INTRODUCTION | 1 |
ECONOMIC EXTERNALITIES | 9 |
THE ROLE OF GOVERNMENT IN NATURAL RESOURCE | 17 |
3 other sections not shown
Common terms and phrases
achieving activity air pollution allocation allows alternative analysis applied approach arise attempt become benefits cause changes charges common concept concerned conservation considered Consumer costs countries damage decision-making demand determine direct discussed economic agent economic externalities economic instruments economists effects efficient effluent emission enforcement environment environmental degradation essential examined example exclusion exist force Further future important incentives increasing individual industry initiative internalise Introduction involved issues land lead levels major management of natural market mechanism maximised measures mineral monitoring natural resource management necessary particular permits pollution pollution emission possible present private sector problems production production processes profits property rights public sector quality standards questions regulations responsible result role situation sometimes South Africa standards station subsidies sustainable development taxes types usually valuation techniques zone