Many of the frontiers of environmental economics research are at the interface of large-scale and long-term environmental change with national and global economic systems. This is also where some of the most of challenging environmental policy issues occur. Volume 3 of the Handbook of Environmental Economics provides a synthesis of the latest theory on economywide and international environmental issues and a critical review of models for analyzing those issues. It begins with chapters on the fundamental relationships that connect environmental resources to economic growth and long-run social welfare. The following chapters consider how environmental policy differs in a general-equiIibrium setting from a partial-equilibrium setting and in a distorted economy from a perfect economy. The volume closes with chapters on environmental issues that cross or transcend national borders, such as trade and the environment, biodiversity conservation, acid rain, ozone depletion, and global climate change. The volume provides a useful reference for not only natural resource and environmental economists but also international economists, development economists, and macroeconomists.

Volume 3. Preface. 21. Intertemporal welfare economics and the environment (G.M. Heal). 22. National income and the environment (B. Kriström, G.M. Heal). 23. Economic growth and the environment (A. Xepapadeas). 24. CGE modeling of environmental policy and resource management (L. Bergman). 25. Calculating the costs of environmental regulation (R. Kopp, W. Pizer). 26. Environmental implications of non-environmental policies (A. Markandya). 27. International trade, foreign investment, and the environment (M. Rauscher). 28. The theory of international environmental agreements (S. Barrett). 29. Economics of biodiversity (C. Costello, S. Polasky, A.R. Solow). 30. Economics of climate change (C.D. Kolstad, M. Toman).