Journal of Economic Literature: Vol. 51 No. 2 - Book Review
Print Article Summary Sign up for Email Alerts Follow us on Twitter Subscription Information
(Institutional Administrator Access)
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
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
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."