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Steven C. Hackett | |
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| Born | 1960 (age 63–64) United States |
| Alma mater | Texas A&M University Ph.D 1989 Texas A&M University MS 1986 Montana State University BS 1983 |
| Scientific career | |
| Fields | Economist |
| Institutions | Cal Poly Humboldt |
Steven C. Hackett (born 1960) is an American economist, and Professor Emeritus of Economics at Cal Poly Humboldt (formerly Humboldt State University), [1] known for his contributions to the fields of environmental and natural resources economics.
Born and raised in Arcata, California in 1960, Hackett obtained his BS in Agricultural Business and Economics at the Montana State University in 1983. He then moved to the Texas A&M University, where he obtained his MS in economics 1986, and his PhD in economics in 1989.
Hackett began his academic career at the rank of Assistant Professor at Indiana University in Bloomington in 1989. In 1994 he then moved to the Humboldt State University, where he started as Assistant Professor at its School of Business and Economics. There in 1997 he became Associate Professor, and in 2002 Professor at the Department of Economics.
At the Humboldt State University among others Hackett was co-founder of the Humboldt Economic Index, which he directed from 1996 to 2002. In 2002 he was founding Director of its Office for Economic, Community, and Business Development. He chaired the Department of Economics first time in the years 2004-2006, secondly in 2013-2016, and again since 2017. [2]
Early on Hackett's research was focused on the economic performance of contractual relationships, such as the social dilemmas associated with common-pool resources like oil and gas fields, groundwater basins or marine fisheries. Self-interested or opportunistic behavior in these circumstances can result in inferior economic outcomes. This work began at Texas A&M and was further cultivated by his affiliation with Nobel Laureate Elinor Ostrom's Workshop in Political Theory and Policy Analysis while a member of the graduate faculty at Indiana University in Bloomington. [3]
He was particularly interested in the challenges of structuring successful agreements capable of preventing opportunistic behavior when stakeholders are heterogeneous, or have made prior relationship-specific investments (research influenced by the work of Nobel Laureate Oliver Williamson). [4] His research approaches involved developing theoretical models and evaluating testable hypotheses through the use of laboratory experimental methods. [5] Another line of his research involved the use of economic modeling approaches to understand the political economy of environmental regulation.
In several papers Hackett and collaborators investigated how voluntary actions by firms to limit pollution can have strategic value relative to competitors, or as a way of shaping future regulatory policy. In another line of research Hackett and colleagues developed a model for the partial deregulation of critical energy markets, such as for natural gas, and identified some of the hazards associated with applying that model to electricity deregulation. [6]
Hackett's curiosity about contracting problems also resulted in papers on diverse topics such as revenue-sharing problems in medical group practices, and factors that influence foreign direct investment decisions by multinational firms.
More recently Hackett has worked collaboratively on a number of projects addressing marine fishery economics and policy and renewable energy. In various projects he has analyzed California’s wetfish industry complex, California’s Dungeness crab fishery and associated processing sector, and the California and Oregon salmon fisheries. [7] [8] [9] In 2009 his research team released the COFHE model for assessing economic impact in each of California's commercial marine fisheries. Unique models were developed to function at county, regional, and statewide scales. [10]
Hackett has also returned to energy economics, with a focus on renewable energy and energy efficiency. He recently contributed a chapter to California's wave energy white paper. [11] [12] He is collaborating with the Schatz Energy Research Center and the Redwood Coast Energy Authority on a California Energy Commission-funded project that will identify ways to create a renewable energy secure community by managing the Humboldt micro-grid with 75 to 100 percent of energy supplies derived from renewable sources. [13]
In recognition of his research into regional economic issues, and what former HSU President Rollin Richmond described as "the clarity and significance his work brings to global questions of environmental economics," Hackett was selected as Humboldt State University's Scholar of the Year for 2005. [14]
Environmental economics is a sub-field of economics concerned with environmental issues. It has become a widely studied subject due to growing environmental concerns in the twenty-first century. Environmental economics "undertakes theoretical or empirical studies of the economic effects of national or local environmental policies around the world. ... Particular issues include the costs and benefits of alternative environmental policies to deal with air pollution, water quality, toxic substances, solid waste, and global warming."
Energy economics is a broad scientific subject area which includes topics related to supply and use of energy in societies. Considering the cost of energy services and associated value gives economic meaning to the efficiency at which energy can be produced. Energy services can be defined as functions that generate and provide energy to the “desired end services or states”. The efficiency of energy services is dependent on the engineered technology used to produce and supply energy. The goal is to minimise energy input required to produce the energy service, such as lighting (lumens), heating (temperature) and fuel. The main sectors considered in energy economics are transportation and building, although it is relevant to a broad scale of human activities, including households and businesses at a microeconomic level and resource management and environmental impacts at a macroeconomic level.
California State Polytechnic University, Humboldt is a public university in Arcata, California. It is one of three polytechnic universities in the California State University (CSU) system and the northernmost campus in the system.
Marion King Hubbert was an American geologist and geophysicist. He worked at the Shell research lab in Houston, Texas. He made several important contributions to geology, geophysics, and petroleum geology, most notably the Hubbert curve and Hubbert peak theory, with important political ramifications. He was often referred to as "M. King Hubbert" or "King Hubbert".
The goal of fisheries management is to produce sustainable biological, environmental and socioeconomic benefits from renewable aquatic resources. Wild fisheries are classified as renewable when the organisms of interest produce an annual biological surplus that with judicious management can be harvested without reducing future productivity. Fishery management employs activities that protect fishery resources so sustainable exploitation is possible, drawing on fisheries science and possibly including the precautionary principle.
Individual fishing quotas (IFQs), also known as "individual transferable quotas" (ITQs), are one kind of catch share, a means by which many governments regulate fishing. The regulator sets a species-specific total allowable catch (TAC), typically by weight and for a given time period. A dedicated portion of the TAC, called quota shares, is then allocated to individuals. Quotas can typically be bought, sold and leased, a feature called transferability. As of 2008, 148 major fisheries around the world had adopted some variant of this approach, along with approximately 100 smaller fisheries in individual countries. Approximately 10% of the marine harvest was managed by ITQs as of 2008. The first countries to adopt individual fishing quotas were the Netherlands, Iceland and Canada in the late 1970s, and the most recent is the United States Scallop General Category IFQ Program in 2010. The first country to adopt individual transferable quotas as a national policy was New Zealand in 1986.
Dale Weldeau Jorgenson was an American economist who served as the Samuel W. Morris University Professor at Harvard University. An influential econometric scholar, he was famed for his work on the relationship between productivity and economic growth, the economics of climate change, and the intersection between economics and statistics. Described as a "master" of his field, he received the John Bates Clark Medal in 1971, and was described as a worthy contender for the Nobel Memorial Prize in Economic Sciences.
Mark Diesendorf is an Australian academic and environmentalist, known for his work in sustainable development and renewable energy. He currently researches at the University of New South Wales, Australia. He was formerly professor of environmental science and founding director of the Institute for Sustainable Futures at the University of Technology, Sydney and before that a principal research scientist with CSIRO, where he was involved in early research on integrating wind power into electricity grids. His most recent books are The Path to a Sustainable Civilisation (2023) and Sustainable Energy Solutions for Climate Change (2014).
Richard S. J. Tol is a professor of economics at the University of Sussex. He is also professor of the economics of climate change at the Vrije Universiteit Amsterdam. He is a member of the Academia Europaea.
Mark Kenneth Jaccard is a Canadian energy economist and author. He develops and applies models that assess sustainability policies for energy and material. Jaccard is a professor of sustainable energy in the School of Resource and Environmental Management (REM) at Simon Fraser University.
Green jobs are, according to the United Nations Environment Program, "work in agricultural, manufacturing, research and development (R&D), administrative, and service activities that contribute(s) substantially to preserving or restoring environmental quality. Specifically, but not exclusively, this includes jobs that help to protect ecosystems and biodiversity; reduce energy, materials, and water consumption through high efficiency strategies; de-carbonize the economy; and minimize or altogether avoid generation of all forms of waste and pollution." The environmental sector has the dual benefit of mitigating environmental challenges as well as helping economic growth.
Energy subsidies are measures that keep prices for customers below market levels, or for suppliers above market levels, or reduce costs for customers and suppliers. Energy subsidies may be direct cash transfers to suppliers, customers, or related bodies, as well as indirect support mechanisms, such as tax exemptions and rebates, price controls, trade restrictions, and limits on market access.
Claudia Kemfert is a German economics expert in the areas of energy research and environmental protection. She is a Professor of Energy Economics and Sustainability at the Hertie School of Governance in Berlin. She heads the Energy, Transportation, and Environment department at the German Institute for Economic Research.
Daniel W. Bromley is an economist, the former Anderson-Bascom Professor of applied economics at the University of Wisconsin–Madison, and since 2009, Emeritus Professor. His research in institutional economics explains the foundations of property rights, natural resources and the environment; and economic development. He has been editor of the journal Land Economics since 1974.
Catch share is a fishery management system that allocates a secure privilege to harvest a specific area or percentage of a fishery's total catch to individuals, communities, or associations. Examples of catch shares are individual transferable quota (ITQs), individual fishing quota (IFQs), territorial use rights for fishing (TURFs), limited access privileges (LAPs), sectors, and dedicated access privileges (DAPs).
The following outline is provided as an overview of and topical guide to fisheries:
David Zilberman is an Israeli-American agricultural economist, professor and Robinson Chair in the Department of Agricultural and Resource Economics at the University of California, Berkeley. Zilberman has been a professor in the Agricultural and Resource Economics Department at UC Berkeley since 1979. His research has covered a range of fields including the economics of production technology and risk in agriculture, agricultural and environmental policy, marketing and more recently the economics of climate change, biofuel and biotechnology. He won the 2019 Wolf Prize in Agriculture, he is a member of the US National Academy Science since 2019, was the President of the Agricultural and Applied Economics Association (AAEA), and is a Fellow of the AAEA, Association of Environmental and Resource Economics, and the European Association of Environmental and Resource Economics. David is an avid blogger on the Berkeley Blog and a life-long Golden State Warriors fan.
Gary Don Libecap is an American economist who is currently an emeritus professor in the Department of Economics and the Bren School at the University of California, Santa Barbara. Libecap’s specialty is environmental economics, and his research focuses on the role of property rights institutions in addressing the open access losses for natural resources such as fisheries and freshwater, as well as the role of water markets in encouraging efficient use and allocation. He has authored or co-authored over 200 peer-reviewed papers, lectured widely, and written articles that have appeared in the New York Times and the Wall Street Journal.
The United Kingdom's exclusive economic zone is the fifth largest in the world at 6,805,586 km2 (2,627,651 sq mi). It comprises the exclusive economic zones surrounding the United Kingdom, the Crown Dependencies, and the British Overseas Territories. The figure does not include the EEZ of the British Antarctic Territory.
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