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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Can "Austrian Economics" Provide a New Approach to Environmental Policy? | |
Ferry Stocker | |
发表日期 | 1997 |
出处 | Climate Change and Sustainable Development |
出版年 | 1997 |
语种 | 英语 |
摘要 | Whereas 'traditional environmental economics' - considering pervasive 'market failure' in the form of negative externalities as the root cause of the problem of environmental degradation - argues for specific government intervention in the market process via a host of different measures to correct that 'perceived failure', this paper sets out to challenge that somewhat superficial view. At least since the seminal contribution of Coase it has become clear that it is the 'underlying institutional structure' of the market economy, the structure of the 'property rights', that determines the 'degree of efficiency' in a particular 'real economy'. However, taking the dynamic and more encompassing view of North the pivotal question becomes asking about the determinants of the evolution of appropriate institutions to protect the environment and what can be done to foster that development. This calls for a 'retreat' of the pervasively meddling state in this respect, highlights the pivotal role of the Schumpeterian entrepreneur in a typical 'Hayekian setting' and constitutes a new - an Austrian - approach towards environmental policy. |
关键词 | Property rights,institutional evolution,entrepreneur |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/can-austrian-economics-provide-a-new-approach-to-environmental-policy/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116214 |
推荐引用方式 GB/T 7714 | Ferry Stocker. Can "Austrian Economics" Provide a New Approach to Environmental Policy?. 1997. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL1997-015.pdf(949KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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