ABSTRACT

Originally published in 1974, Technical Change, Relative Prices, and Environmental Resource Evaluation explores the relationship between natural environmental resources and the differential implications of technological change and relative price appreciation. Smith claims that price is linked to technological progress and comments on the economic issues surrounding this. This title will be of interest to students of Environmental Studies and Economics.

chapter 1|12 pages

Introduction

chapter 2|15 pages

Modeling the Effects of Technical Change

chapter 4|19 pages

The Structure of Community Demand

chapter 5|16 pages

Technical Change and Relative Prices

chapter 7|8 pages

Conclusions