{"product_id":"state-level-public-enterprises-in-india-copy","title":"Three Pillars","description":"\u003cdiv id=\"display\"\u003e\n\u003cdiv id=\"yourdiv\"\u003e\n\u003cdiv id=\"display_right\"\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cspan\u003eGovernment, market, and communities\u003c\/span\u003e\u003cspan\u003eare the three pillars of the economy. \u003c\/span\u003e\u003cspan\u003eThe existing books in economics on \u003c\/span\u003e\u003cspan\u003eenvironmental policy focus on the \u003c\/span\u003e\u003cspan\u003erole of one or two of these pillars in \u003c\/span\u003e\u003cspan\u003eenvironmental management. This book \u003c\/span\u003e\u003cspan\u003ecomprehensively discusses the role of all \u003c\/span\u003e\u003cspan\u003ethese three institutions in environmental \u003c\/span\u003e\u003cspan\u003emanagement drawing from some \u003c\/span\u003e\u003cspan\u003eof the work done at the Institute of \u003c\/span\u003e\u003cspan\u003eEconomic Growth, Delhi during the \u003c\/span\u003e\u003cspan\u003elast forty years. The government \u003c\/span\u003e\u003cspan\u003euses budgetary policy instruments of \u003c\/span\u003e\u003cspan\u003eprices, taxes, public expenditures, and \u003c\/span\u003e\u003cspan\u003edirect policy instruments like pollution \u003c\/span\u003e\u003cspan\u003etaxes, standards, quantity restrictions, \u003c\/span\u003e\u003cspan\u003eand penalties  for environmental \u003c\/span\u003e\u003cspan\u003emanagement. The market helps to \u003c\/span\u003e\u003cspan\u003emanage the environment through prices, \u003c\/span\u003e\u003cspan\u003equantities, and the laws protecting \u003c\/span\u003e\u003cspan\u003eproperty rights to environmental \u003c\/span\u003e\u003cspan\u003eresources. The organised groups of \u003c\/span\u003e\u003cspan\u003epeople and local communities could \u003c\/span\u003e\u003cspan\u003eeffectively deal with environmental \u003c\/span\u003e\u003cspan\u003eproblems through local and international \u003c\/span\u003e\u003cspan\u003ecollectives to secure the efficient \u003c\/span\u003e\u003cspan\u003emanagement of local and global \u003c\/span\u003e\u003cspan\u003ecommons. This is the first book on \u003c\/span\u003e\u003cspan\u003eenvironmental policy discussing all \u003c\/span\u003e\u003cspan\u003ethese aspects of environmental policy \u003c\/span\u003e\u003cspan\u003ein one place. It is worth noting that the \u003c\/span\u003e\u003cspan\u003eresearch papers covered in the book \u003c\/span\u003e\u003cspan\u003eare not just theoretical conceptual \u003c\/span\u003e\u003cspan\u003epapers but are augmented by empirical \u003c\/span\u003e\u003cspan\u003eexercises based on Indian data. It will be \u003c\/span\u003e\u003cspan\u003eof interest to the students, researchers \u003c\/span\u003e\u003cspan\u003eof environmental economics, and \u003c\/span\u003e\u003cspan\u003epractitioners and policymakers in the \u003c\/span\u003e\u003cspan\u003earena of environmental policy.\u003c\/span\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch1 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h1\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003ePraise for this book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e“The book is unusual and important in that it draws together, from a theoretical and practical perspective, all three of the roles of government, of markets, and of communities in managing environmental externalities. Further, it sets its analysis in the context of the real difficulties that have to be tackled, including organisation and transaction costs limits of taxation instruments and of information and fiscal federalism. It concentrates particularly on India, but its lessons are broader. It embodies the scholarly work of Professor M.N. Murty and his colleagues, primarily at the Institute of Economic Growth and the Delhi School of Economics at the University of Delhi over four decades. This is a thoughtful and substantial volume, offering sound and analytical insights on how we can and must rise to the challenges of the severe environmental problems the world now faces”.\u003cbr\u003e\u003cstrong\u003e— Lord Nicholas Stern,\u003c\/strong\u003e Professor, London School of Economics, UK\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e“This edited volume of essays addresses issues related to Environmental Sustainability by looking at the ‘three pillars’, namely, markets, government, and communities that will provide the basis for policy interventions. Its recognition that effective policies require multiple engagements, and the government, the markets, and the communities need to work in tandem rather than in isolation is a special feature of the book. In dealing with a topic of much current interest and in containing a mix of analytical work, rigorous calculations, and empirical evidence, the book is timely and will be useful for academic courses, further research, and for policymakers.”\u003cbr\u003e\u003cstrong\u003e— Ranjan Ray,\u003c\/strong\u003e Professor of Economics, Monash University, Melbourne\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e“This excellent collection of papers reflects the work of the authors and others on the interlinked roles of government, markets, and collective action in achieving sustainable development. Highly recommended reading for those interested in the topic, especially in the context of developments in these areas in India.”\u003cbr\u003e\u003cstrong\u003e— Anil Markandya,\u003c\/strong\u003e Professor Emeritus, University of Bath, UK\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e“Since the introduction of economic reforms in India and other developing countries, Government, Market, and Communities have constituted three almost equally important pillars of the management of the environment which exhibit the features of public good services. Prof. Murty and Kumar’s book is going to make a very timely and important contribution to developing our knowledge base of environmental management. I am sure the book will be considered very useful and valuable by students, teachers, as well as management and policy experts working in the area.”\u003cbr\u003e\u003cstrong\u003e— Ramprasad Sengupta,\u003c\/strong\u003e Professor Emeritus of Economics, Jawaharlal Nehru University, New Delhi\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch1 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h1\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eM.N. Murty\u003c\/strong\u003e is a Professor Retired, Institute of Economic Growth, University Enclave, Delhi 110007. He is a Fellow and Resource Person, South Asian Network for Environment and Development Economics (SANDEE) and a Fellow, Indian Society for Ecological Economics (INSEE). He specializes in Environmental and Resource Economics and Public Economics. He authored\/Co-authored 9 books including four books published by Oxford University Press, one each by Cambridge University Press and SAGE. He published 75 research papers including many papers in international journals.  He was a Visiting Ford Foundation Fellow, Department of Economics, University of Birmingham, U.K, Visiting Fellow, Institute of Developing Economies, Japan, Visiting Fellow, London School of Economics, UK, Visiting Professor, National Institute of Public Finance and Policy, New Delhi, Visiting Professor at TERI University, Delhi and Senior Research Associate, Project on Indian Fiscal Systems, University of Warwick, U.K.  He was the Coordinator of World Bank Funded Faculty Upgradation Programmes in Environmental and Resource Economics organised at several institutes and universities in India. He was a Consultant for World Bank, Asian Development Bank, International Crop Research Institute (ICRISAT), and ESCAP.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eSurender Kumar\u003c\/strong\u003e is a Senior Professor and Head, Department of Economics, Delhi School of Economics, University of Delhi. He had been the Dean, Faculty of Social Sciences, University of Delhi. He had been a Visiting Fellow at the University of Illinois at Urbana-Champaign (USA) and a Senior JSPS Fellow at the Yokohama National University Yokohama (Japan). He also served as the Director (Acting), Agricultural Economics Research Centre, University of Delhi. Professor Kumar has been working in the areas of Environmental \u0026amp; Resource Economics and Climate Change \u0026amp; Energy Economics. He also extends his ambit of research to Productivity and Efficiency measurement and Applied Econometrics. Prof. Kumar has co-authored three books including two books by Springer and one book by Oxford University Press and 80 papers in cherished journals.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eContributors\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eSukanya Das,\u003c\/strong\u003e Associate Professor, TERI School of Advanced Studies, TERI University, Delhi.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eP.B. Nayak,\u003c\/strong\u003e Professor Rtd. Delhi School of Economics, Delhi.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eKishore K. Dhavala,\u003c\/strong\u003e Associate Professor, Nalanda University, Nalanda, Bihar.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eKavita Sardana,\u003c\/strong\u003e Asst. Professor, TERI School of Advanced Studies, TERI University, Delhi.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eSushama Murty,\u003c\/strong\u003e Professor, School of International Studies, CITD, Jawaharlal Nehru University, Delhi.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eKanchan Chopra,\u003c\/strong\u003e Professor Rtd. and Former Director, Institute of Economic Growth, Delhi.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eGopal K Kadekodi,\u003c\/strong\u003e Former Professor, Institute of Economic Growth and Former Director, ISEC, Bangaluru.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eManoj Panda,\u003c\/strong\u003e Former Director, Institute of Economic Growth, Delhi.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e\u003cstrong\u003eWilliam Joe, \u003c\/strong\u003eAssistant Professor, Institute of Economic Growth, Delhi.\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cbr\u003e\u003c\/h2\u003e\n\u003ch2 class=\"glossymenu\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cdiv\u003e\u003cspan\u003eAbout the Editors\/Contributors\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003ePreface\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e1.\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eIntroduction\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e2. Externality Abatement Technologies, Pigouvian Taxes, \u003c\/span\u003e\u003cspan\u003eand Property Rights\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e    M.N. Murty and P.B. Nayak\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e3. Designing Economic Instruments and Participatory Institutions\u003cbr\u003e    for Environmental Management in India\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e    \u003cspan\u003eM.N. Murty\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e4. Measuring Environmental Efficiency of Industry: \u003cbr\u003e    \u003c\/span\u003e\u003cspan\u003eA Case Study of Thermal Power Generation in India\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e    \u003c\/span\u003e\u003cspan\u003eM.N. Murty, Surender Kumar and Kishore K. Dhavala\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\n\u003cstrong\u003e\u003cspan\u003e5. Productivity and Profitability Changes \u003c\/span\u003e\u003cspan\u003ein the US Electric Power Plants\u003cbr\u003e    during \u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\u003cstrong\u003ethe SO\u003csub\u003e2\u003c\/sub\u003e Trading Regim\u003c\/strong\u003ee\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e    \u003c\/span\u003e\u003cspan\u003eSurender Kumar\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e6. Using Economic Instruments for Fixing Liability of Polluters in India:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e    \u003c\/span\u003e\u003cspan\u003eAssessment of Information Required and Identification of Gaps\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e   \u003c\/span\u003e\u003cspan\u003eSukanya Das, M.N. Murty and Kavita Sardana\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e7. Fiscal Policy Reforms for \u003c\/span\u003e\u003cspan\u003eEnvironmental Management in India\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e    \u003c\/span\u003e\u003cspan\u003eM.N. Murty and Sushama Murty\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e8. Fiscal Federalism Approach for Controlling Global Environmental Pollution\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e    \u003c\/span\u003e\u003cspan\u003eM.N. Murty\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e9. Management of Common Property Resources: \u003cbr\u003e    \u003c\/span\u003e\u003cspan\u003eLimits to Voluntary Collective Action\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e    \u003c\/span\u003e\u003cspan\u003eM.N. Murty\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e10. Peoples’ Participation and Common Property Resources\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e    \u003c\/span\u003e  \u003cspan\u003eKanchan Chopra Gopal K Kadekodi and M.N. Murty\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e11. Group Action for Environment Management\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e    \u003c\/span\u003e\u003cspan\u003e  \u003c\/span\u003e\u003cspan\u003eM.N. Murty\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e12. Three Theories of Growth, Environment \u003c\/span\u003e\u003cspan\u003eand Poverty Nexus\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e    \u003c\/span\u003e\u003cspan\u003e  \u003c\/span\u003e\u003cspan\u003eM.N. Murty\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e13. Win-win Opportunities and Environmental Regulation:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e   \u003c\/span\u003e\u003cspan\u003e  \u003c\/span\u003e\u003cspan\u003eTesting of Porter Hypothesis for Indian \u003c\/span\u003e\u003cspan\u003eManufacturing Industries\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e    \u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eM.N. Murty and Surender Kumar\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e14. Estimating Social Time Preference \u003c\/span\u003e\u003cspan\u003eRate for India\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e    \u003c\/span\u003e\u003cspan\u003e  \u003c\/span\u003e\u003cspan\u003eM.N. Murty, Manoj Panda and William Joe\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable width=\"100%\" style=\"width: 100%; height: 78.3752px;\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2023\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e338\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332706286\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"M.N. Murty (Ed.)‚ Surender Kumar (Ed.)","offers":[{"title":"Hardcover \/ ENG- English \/ Indian Goverment \u0026 Legal Framework","offer_id":51268868899137,"sku":null,"price":1395.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/THREEpillars_front.png?v=1768472535","url":"https:\/\/www.academicfoundation.com\/products\/state-level-public-enterprises-in-india-copy","provider":"Academic Foundation | AF Press","version":"1.0","type":"link"}