Bài giảng Kinh tế môi trường - Chương 2: Sơ lược lịch sử kinh tế môi trường

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  1. Bộ môn Kinh tế Môi trường, Nông nghiệp và Tài nguyên (Department of Environmental, Agricultural, and Resource Economics) 1A Hoàng Diệu, Phú Nhuận, Tp.HCM Môn học: Kinh tế môi trường Sơ lược lịch sử kinh tế môi trường
  2. Nội dung 1. Giai đoạn trước 1960 2. Giai đoạn sau 1960
  3. Giai đoạn trước 1960 ▪ Sandmo (2015). The early history of environmental economics. Review of Environmental Economics and Policy, Vol.9: 43-63.
  4. An eighteenth century forerunner: Marquis de Condorcet (1776) ▪ Awareness of the links between economic activity and environmental quality. ▪ A pioneer in the use of externality arguments for policy analysis of environmental policy (i.g. forbidding harmful economic activities, restricting property rights, undertaking public works). ▪ However, public intervention was based on social justice, not efficiency.
  5. The classical school: From Smith to Mill ▪ Adam Smith (1776): Theory of the invisible hand, and the provision of public goods through government action. ▪ Thomas Malthus (1798): Theory of population provided inspiration for later economists to grapple with the issue of resource scarcity and economic development. ▪ David Ricardo (1817): Theory of land rent regarding both agriculture and mining became of great importance for future development of environmental economics.
  6. The classical school: From Smith to Mill ▪ John Mill (1848) emphasized the public nature of the natural environment and the tasks of the government; and expressed strong support for preserving the natural environment. ▪ Perspectives on the classical economists: An early awareness of the environmental problems and a belief that public policy could improve the market outcome.
  7. Practical applications: Edwin Chadwick (1800 – 1890) ▪ A civil servant (not economist) was much influenced by the utilitarian philosopher Jeremy Bentham and John S. Mill. ▪ Utilized classical price theory (incentive- based mechanisms) to design incentives for environmental and social improvement.
  8. Natural resource scarcity: William Jevons and the coal question ▪ The lack (depletion) of coal would act as a brake on the country’s economic growth. ▪ He explicitly linked the present and future price of coal to the cost of extraction. ▪ It is just possible that some day the sunbeams may be collected, or that some source of energy now unknown may be detected (Jevons, 1865).
  9. The marginalist revolution and the evironment ▪ Alfred Marshall (1890): Initial formulation of externality concept. He realized that in the presence of externalities, the market equilibrium will no longer be socially efficient. ▪ Marshall’s effort on fisheries pioneers the study the economics of a common property resource.
  10. Arthur Pigou (1920) and the foundations of environmental economics ▪ Further developed the theory of externalities. ▪ Analyzed how the choice of policies, particularly taxes, could improve the efficiency of resource allocation. ▪ Discussed the empirical measurement of environmental damage. ▪ Called for subsidies to afforestation as an instrument for global climate policy. ▪ Suggested other policy options like prohibition of the production and consumption.
  11. The emergence of natural resource economics ▪ Scott Gordon (1954). The economic theory of a common-property resource: The fishery. Journal of Political Economy, Vol.62. ▪ Harold Hotelling (1931). The economics of exhaustible resources. Journal of Political Economy, Vol. 39.
  12. Paul Samuelson (1954) and the theory of public goods ▪ The environmental benefit-cost analysis is the practical application of the fundamental ideas in the theory of public goods.
  13. Giai đoạn sau 1960 ▪ Pearce (2002). An intellectual history of environmental economics. Annu. Rev. Enery Environ, Vol. 27: 57-81. - The establishment of RFF (resources for future) organization in 1952 - Silent Spring by Rachel Carson in 1962 - Material balance model by Robert Ayres and Allen Kneese 1969 - Property rights and transaction costs by Ronald Coase 1960
  14. Giai đoạn sau 1960 ▪ The strategy of the commons by Garrett Hardin ▪ Passive use value by Krutilla 1967 ▪ Polluter pays principle by OECD 1972 ▪ Marketable permits by John Dales 1968