Environmental Protection and Economic Well-Being: How Does (and How Should) Government Balance These Two Important Values?

Robert Stavins

No 10565, Discussion Papers from Resources for the Future

Abstract: The organizers of an Aspen Institute conference have identified what they characterize as "the critical conundrum" - how business, government, and communications media balance the competing values of economic growth and a healthy environment. In this paper, prepared for discussion at the conference, I focus on government policy, and ask how government integrates economic concerns into its development of environmental policies. In addition, I ask whether and how government should carry out such integration of economic and environmental concerns. I consider two dimensions of environmental policy, which are closely interrelated but conceptually distinct: (1) what is the appropriate (and actual) degree of government activity; and (2) what form should (and does) government activity take. In this brief essay, I attempt to define the scope of these questions, and suggest criteria that can be used to evaluate responses.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 14
Date: 2003
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https://ageconsearch.umn.edu/record/10565/files/dp030048.pdf (application/pdf)

Related works:
Working Paper: Environmental Protection and Economic Well-Being: How Does (and How Should) Government Balance These Two Important Values? (2003)
Working Paper: Environmental Protection and Economic Well-Being: How Does (and How Should)Government Balance These Two Important Values? (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:rffdps:10565

DOI: 10.22004/ag.econ.10565

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