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Economy and Environment: A Theoretical Essay on the Interdependence of Economic and Environmental Systems

Economy and Environment: A Theoretical Essay on the Interdependence of Economic and Environmental Systems

Paperback

EconomicsEnvironmental Studies

ISBN10: 052102076X
ISBN13: 9780521020763
Publisher: Cambridge
Published: Oct 6 2005
Pages: 196
Weight: 0.65
Height: 0.45 Width: 6.00 Depth: 9.00
Language: English
Environmental external effects are evidence of the inability of market prices to reflect the interdependence of economic activities undertaken within a common environment, and are an essential feature of all market economies. This book shows how external effects are produced by the interaction of the economy with its environment, using a classical mass-balance model.

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Environmental Studies