Environmental Quality and Economic Development

Perry Shapiro, T Miyao and T R Smith
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T R Smith: Department of Geography, University of California, Santa Barbara, California 93106, USA

Environment and Planning A, 1979, vol. 11, issue 10, 1147-1156

Abstract: Economic growth invariably leads to environmental degradation. But in this paper it is shown that economic development may be necessary before a country will adopt a policy of environmental protection. Within the context of an optimal-policy model, this proposition is proved and an optimal policy is derived. It is shown that knowledge of preferences for environmental quality is necessary for such a policy of environmental protection. It is then shown how such preferences can be estimated from market demand. The estimation is carried out with select consumption data.

Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:11:y:1979:i:10:p:1147-1156

DOI: 10.1068/a111147

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