On the Foundations of Environmental Policy
- Advances in Ecological Economics series
∗ Introduction Joint production has many faces. The account of the analysis of joint production in the history of economic thought in Chapter 6 and the case studies in Part IV illustrate various aspects of the phenomenon which are relevant when analysing economy-environment interactions. Also the economic literature displays a large variety of diﬀerent notions of joint production. In this chapter, we develop a concept of joint production that is concise and consistent, yet general enough to capture this variety of relevant aspects in one concept. Such a concept is necessary for an encompassing scientiﬁc analysis of ecological-economic systems. The chapter is organised as follows. In Section 2.2, we survey diﬀerent notions of joint production that have been developed in the economic and business literature. Before introducing our own deﬁnition of joint production in Section 2.4, we discuss our science-theoretic approach to the analysis of production systems in Section 2.3. Section 2.5 concludes. 2.2 The Economic Concept of Joint Production The phenomenon of joint production has long been studied by economists (cf. Chapter 6). In the literature there is a huge number of classiﬁcations and terms referring to diﬀerent types of multi-output production. Most of them are not compatible with each other, and one and the same term is used by diﬀerent classiﬁcation schemes to denote very diﬀerent production patterns (Riebel 1981: 298). 2.2.1 Joint Production in the Economic Literature The traditional notion of joint production1 The notion of joint production prevalent...
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