Historical Contamination And Brownfield
Management: What Does Economic Theory
Say About It?
Author(s)
S. Čiháková Aguilar, M. Černíková & M. Dubová
Abstract
Residuals from past industrial, mining or military activities might represent a
variety of hazards for natural ecosystems. Depending on the location of such
areas, environmental assessment will be needed in order to determine if the
concentration of pollutants is above the acceptable levels and can become a clear
threat for human health. Furthermore, it becomes important to notice that the
quality of natural resources can be directly affected. The detriment of the quality
of human health and natural resources can also be translated into worse living
conditions for certain inhabitants.
The redevelopment of contaminated areas where it is also difficult or
impossible to identify the original polluters may incorporate an analytical
background not just on legislative and technical issues. Economic theory has
principles and paradigms that can explain different approaches towards the
effective management of brownfields.
The scope of this work is to describe how various schools of economics focus
their study on environmental problems, specifically on brownfield
redevelopment. After an introductory part with definitions and a general
framework, the paper presents the ideas of environmental economics, free market
environmentalism, institutional economics, and ecological economics. Each part
is complemented by an overview of empirical research in the field of historical
contamination.
Keywords: historical contamination, brownfields, economic theory, free market
environmentalism, ecological economics, environmental economics, institutional
economics.
Keywords
historical contamination, brownfields, economic theory, free market
environmentalism, ecological economics, environmental economics, institutional
economics
Related Book
Other papers in this volume
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