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The Economics of Sustainable Development - The Case of India
of: Surender Kumar, Shunsuke Managi
Springer-Verlag, 2009
ISBN: 9780387981765 , 297 Pages
Format: PDF, Read online
Copy protection: DRM
185719_1_En_FM_OnlinePDF
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Outline placeholder
1
Foreword
6
Acknowledgments
6
Contents
6
185719_1_En_01_Chapter_OnlinePDF
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Chapter 1: Introduction
16
The Emerging Giant
16
The Problems
17
What We Do
19
185719_1_En_Part_I_OnlinePDF
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185719_1_En_02_Chapter_OnlinePDF
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Chapter 2: Economic Development and Environment
24
Introduction
24
Country Profile
25
Geographical Profile
25
Physiographic Conditions
25
Sociocultural Conditions
26
Indian Polity and Governance
26
Macroeconomic Growth
27
Poverty and Regional Disparities
31
Depletion of Natural Resources and Environmental Degradation
36
Sustainability of Growth
41
Conclusions
48
185719_1_En_03_Chapter_OnlinePDF
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Chapter 3: Environmental Regulations and Compliance in India
49
Introduction
49
Environmental Regulations in India
50
Formal Regulations
52
The Institutional Framework for Environmental Management: A Brief History
53
Environmental Laws
54
Fiscal Instruments for Pollution Control in India
55
Review of Some Recent StudiesThis section, to a large extent, is based on Murty (2008).
57
Informal Regulation and People's ParticipationThis section, to a large extent, is based on Murty (2008).
59
Current State of India's Environment
62
Water Pollution
63
Water Pollution from Households
64
Water Pollution Loads from Industries
64
Water Pollution from Agriculture
64
Effects of Water Pollution
65
Air Pollution
66
Land and Forests
67
Valuation of Environmental Degradation in India
69
Causes of Poor Environmental Compliance
70
Concluding Remarks
72
Appendix 1: Key Environmental Legislation in India: An Illustrative List
73
Appendix 2: Major Polluting Industries
74
Appendix 3: Sector-Wise Compliance Status of 17 Categories of Highly Polluting Industries (June 2006)
75
185719_1_En_04_Chapter_OnlinePDF
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Chapter 4: Intergovernmental Fiscal Transfers and the Environment
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Introduction
76
Theory of Fiscal Federalism and the Environment
78
Decentralization and the Environment
78
Designing Fiscal Transfers for Environmental Sustainability
80
Fiscal Federalism and the Environment in India
81
Fiscal Federalism in India
81
Fiscal Transfers and Provision of Environmental Services in India
83
Geographic Area as an Indirect Criterion for Fiscal Transfers
83
Provision of Environmental Services and Grants-in-Aid
84
Fiscal Options for Integration of Environmental Services into Fiscal Transfers
86
Integrating Ecological Indicators into Fiscal Transfers: An Illustration
87
Conclusions
91
185719_1_En_Part_II_OnlinePDF
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185719_1_En_05_Chapter_OnlinePDF
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Chapter Chapter 5: Total Factor Productivity of Indian Industry
94
Introduction
94
Measurement of Total Factor Productivity
96
Total Factor Productivity of Indian Industry
100
Technical Efficiency Estimates
102
Total Factor Productivity Estimates
103
Innovative States and Convergence
110
Conclusions
113
185719_1_En_06_Chapter_OnlinePDF
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Chapter 6: Valuing the Benefits of Air Pollution Abatement
115
Introduction
115
Panipat Thermal Power Station
117
Questionnaire and Survey Format
118
Application of Revealed Preference Method
120
The Model
120
Empirical Estimates of WTP
122
Application of Contingent Valuation Method
125
The Model
128
Results
129
Comparison Between WTP Obtained from CVM and Mitigation Behavior
131
Conclusions
132
185719_1_En_07_Chapter_OnlinePDF
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Chapter 7: Environmental Regulation and Production Efficiency
134
Introduction
134
Output Distance Function and Its Econometric Estimation
135
Econometric Output Distance Function
136
A Model for Determinants of Technical Inefficiency
137
Production Efficiency of Thermal-Power Sector in India
138
Data
138
Estimation Procedures and Results
139
Results
140
Conclusion
143
185719_1_En_08_Chapter_OnlinePDF
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Chapter 8: Cost of Environmentally Sustainable Industrial Development
145
Introduction
145
Measuring Cost of Sustainable Industrial Development
147
Output Distance Function
147
Derivation of Shadow Prices of Bad Outputs
148
Scale Economies
149
Estimation of Output Distance Function
149
Translog Output Distance Function and Data
149
Estimation of Output Distance Function: Programming Model
151
Stochastic Output Distance Function
152
Estimates of Shadow Prices, Scale Economies, and Technical Efficiency
156
Shadow Prices
156
Technical Efficiency
158
Scale Economies
159
Conclusion
160
Appendix: Estimates of Shadow Prices of BOD and COD and Technical Efficiency and Economies of Scale
161
185719_1_En_09_Chapter_OnlinePDF
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Chapter 9: Win-Win Opportunities and Environmental Regulation: Test of the Porter Hypothesis
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Introduction
163
Methodology for Testing Porter Hypothesis
165
Output Distance Function Approach
166
Econometric Estimation of Distance Functions
167
Relationship Between Technical Inefficiency and Environmental Regulation
168
Data and Translog Distance Function
168
Results
169
Conclusion
172
185719_1_En_10_Chapter_OnlinePDF
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Chapter Chapter 10: Industrial Water Demand and Shadow Price
173
Introduction
173
Economic Model
175
Estimation Model
178
Data and Estimation Results
179
Shadow Price of Water
181
Analysis of Derived Demand for Water
182
Conclusions
185
185719_1_En_Part_III_OnlinePDF
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185719_1_En_11_Chapter_OnlinePDF
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Chapter Chapter 11: Environmental Productivity and Kuznets Curve
1
Introduction
1
Environmental Policies in India
1
Models
1
Measurement of Productivity
1
Kuznets Curve Relationship: Environmental Productivity and Income Level
1
Results
1
Productivity Analysis
1
Market Productivity
1
Joint Output Productivity
1
Environmental Productivity
1
Environmental Kuznets Curve Test
1
Concluding Remarks
1
Appendix. TFP of SO2 of Indian States
1
185719_1_En_12_Chapter_OnlinePDF
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Chapter Chapter 12: A Global Analysis of Environmentally Sensitive Productivity Growth
206
Introduction
206
Measuring Environmentally Sensitive Productivity
208
Directional Distance Functions
210
Malmquist-Luenberger Productivity Index
210
Computation of Directional Distance Function
211
Data and Results
212
Conventional Measurement of Productivity
216
Environmentally Sensitive Measurement of Productivity
218
Conclusions
221
185719_1_En_13_Chapter_OnlinePDF
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Chapter Chapter 13: Macroeconomic Effects of Oil Price Shocks
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Introduction
223
Oil Prices-Macroeconomy Relationship
224
Channels Through Which Oil Price Shocks May Affect the Macroeconomy
224
Oil Prices-Macroeconomy Relationship: Empirical Evidences
225
Oil Price Data
227
Measurement of Impact of Oil Prices on Macroeconomy
231
Empirical Results
234
Testing for Significance and Granger-Causality
235
Macroeconomic Impacts of Oil Price Shocks
236
Impulse Response Functions and Accumulated Responses
238
Variance Decomposition Analysis
243
Concluding Remarks
244
Appendix
244
185719_1_En_14_Chapter_OnlinePDF
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Chapter Chapter 14: Energy Prices and Induced Technological Progress
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Introduction
246
Measurement of Technological Change
248
The Econometric Estimation
252
Data
254
Long-Term Energy Prices
255
Results
255
Levels of Inefficiency in the Countries
257
Technological Diffusion and Exogenous and Energy Price Induced Innovations
258
Summary and Conclusions
262
Appendix: Average Annual Values of Luenberger Productivity Indicators
263
185719_1_En_15_Chapter_OnlinePDF
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Chapter 15: The Road Ahead
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Findings
265
Climate Change Policy
270
What to Do?
273
185719_1_En_Bibliography_OnlinePDF
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Chapter Bibliography:
275
185719_1_En_Index_OnlinePDF
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Chapter : Index
293
185719_1_En_11_Chapter_OnlinePDF.pdf
1
Chapter Chapter 11: Environmental Productivity and Kuznets Curve
189
Introduction
189
Environmental Policies in India
191
Models
192
Measurement of Productivity
192
Kuznets Curve Relationship: Environmental Productivity and Income Level
195
Results
197
Productivity Analysis
197
Market Productivity
198
Joint Output Productivity
198
Environmental Productivity
199
Environmental Kuznets Curve Test
200
Concluding Remarks
204
Appendix. TFP of SO2 of Indian States
204
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