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This publication compares the market impacts of market price support and several kinds of budgetary direct payments using indicators of economic efficiency and trade distortion.
This major reference book comprises specially commissioned surveys in environmental and resource economics written by an international team of experts. Authoritative yet accessible, each entry provides a state-of-the-art summary of key areas that will be invaluable to researchers, practitioners and advanced students.
The vast size of the United States and extensive variation of its climate, topography, and biota across different regions contribute to both the richness of the nation‘s natural heritage and the complexities involved in managing its resources. A follow-up to RFF‘s popular America‘s Renewable Resources (1990), Perspectives on Sustainable Resources in America updates readers about the current challenges involved in managing America‘s natural resources, especially in light of the increasing emphasis on sustainability and ecosystem approaches to management. Written to inform general audiences and students, as well as to engage the interest of experts, the book includes assessments by some of the nation‘s most renowned scholars in natural resource economics and policy. An introductory chapter critically examines the concept of sustainability as it has been developed in recent years and asks how the concept might apply to individual resource systems. It considers the interrelatedness of ecosystem, economic, and social sustainability; the paradigms of resource sufficiency and functional integrity; and the contrast between weak and strong sustainability. The chapters that follow examine America‘s experience with forests, water, agricultural soils, and wildlife. Highlighting the adaptability and resilience of resource systems, each chapter provides a description of the physical characteristics of the resource, a history of its use, a policy history, and a review of ongoing debates in management and policy. Perspectives on Sustainable Resources in America concludes with an innovative treatment of biodiversity as a natural resource. The chapter reviews the definitions of biodiversity, the ecological and economic meanings of biodiversity, and current efforts to preserve biodiversity, especially through regulatory approaches.
Examination of trade in one of the most important agricultural products
Significant advances have occurred in recent years in Europe and in North America in addressing agri-environmental policies. Land use issues tend to be more pressing in Europe than in the US as a whole because of different spatial exigencies. Because these advances have taken place within individual academic disciplines, there has been something of a loss of synergy and often efforts are duplicated. While important institutional and legal differences still exist between the two continents, the sharing of recent scientific advances will benefit scientists on both sides of the Atlantic and this is the main purpose of this book. The authors aim to identify options for policy to overcome the challenges ahead, synthesize existing knowledge, and identify gaps in current knowledge. This is aided by the adoption of a properly comparative approach.