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Journal of Economic Literature - Book Review

JEL Volume. 51, Issue 2 | leftPrevious Review Next Review right

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Book(s) Reviewed

Capitalizing on Nature: Ecosystems as Natural Assets by Edward B. Barbier

Published By: Cambridge and New York: Cambridge University Press
ISBN: 978-1-107-00727-7, cloth; 978-0-521-18927-9, pbk.
Date of Publication: 2011


Book Review Detail

Reviewed by: Eli P. Fenichel of Yale School of Forestry and Environmental Studies
Review DOI: 10.1257/jel.51.2.544.r13
Review Pages: 570-72

Book Review Abstract

Eli P. Fenichel of Yale School of Forestry and Environmental Studies reviews, "Capitalizing on Nature: Ecosystems
as Natural Assets" by Edward B. Barbier. The Econlit abstract of this book begins: "Presents how modeling
ecosystems as natural capital can help to analyze the economic behavior that has led to the overuse of ecological
wealth and focuses on major policy challenges. Discusses ecological scarcity as an economic problem; ecosystem
services and ecological landscapes; the basic natural asset model; spatial variation in ecosystems; the open economy;
ecological collapse; the way ahead; and policies in the age of ecological scarcity. Barbier is John S. Bugas Professor
of Economics in the Department of Economics and Finance at the University of Wyoming."


Book Review Full-Text Access



Book Review Authors

Eli P. Fenichel of Yale School of Forestry and Environmental Studies


JEL Classifications

Q57: Ecological Economics: Ecosystem Services; Biodiversity Conservation; Industrial Ecology


Journal of Economic Literature


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