The Early History of Environmental Economics

43 Pages Posted: 7 May 2014

See all articles by Agnar Sandmo

Agnar Sandmo

Norwegian School of Economics (NHH); Norwegian School of Economics (NHH) - Department of Economics; CESifo (Center for Economic Studies and Ifo Institute)

Date Written: April 8, 2014

Abstract

This paper considers economists’ treatment of problems related to the environment prior to the establishment of environmental economics as a separate field in the 1960s. In discussing the literature from the late 18th century onwards, it looks on the one hand for awareness in the work of the early economists of the effects of economic activity on the natural and social environment and of the feedback from the environment to the economy. On the other hand, it describes how economic theory developed in a way which made it increasingly relevant for the study of environmental issues and the design of economic policy.

Keywords: history of thought, environment, natural resources

JEL Classification: B00, Q30, Q50

Suggested Citation

Sandmo, Agnar, The Early History of Environmental Economics (April 8, 2014). NHH Dept. of Economics Discussion Paper No. 10/2014. Available at SSRN: https://ssrn.com/abstract=2432928 or http://dx.doi.org/10.2139/ssrn.2432928

Agnar Sandmo (Contact Author)

Norwegian School of Economics (NHH) ( email )

Helleveien 30
Bergen, NO-5045
Norway
+47 55 95 92 76 (Phone)

Norwegian School of Economics (NHH) - Department of Economics

Helleveien 30
N-5035 Bergen
Norway

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

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