pWritten in a way that facilitates understanding of complex concepts, laws, and policy, strongProduction, Growth, and the Environment An Economic Approachstrong explores how economic growth usually makes people better off, but also asks at what environmental cost These costs are not often realized until after the fact, when their remediation is more expensive, and sometimes not reversible. Very few books on environmental economics model the joint production of desirable and undesirable outcomes in any depth. This book fills that void. It discusses the demographic transition and the escape from the Malthusian trap. It also covers the environmental Kuznets curve hypothesis that examines the relation between polluting outputs and economic welfare. p pThe book integrates environmental valuation methods with the production possibility frontier PPF approach. It presents both types of outcomes in a PPF framework that accounts for scarcity and allows the concepts of technical and allocative ef