Environmental Economics

What happens in the long run to the availability and price of scarce commodities such as oil, coal, gas and other resources that are non-renewable? Or, is the scarce resource the earth climate system where carbon dioxide accumulates from burning the fossil-fuel resources? How much of these resources can be used without triggering dangerous and irreversible tipping points in the climate system? What instruments and mechanisms can be introduced to preserve common-pool resources where the resource itself can be, for instance, fish, forest, or the climate system? What is the role of renewable resources in the transition towards sustainable society?

Environmental Economics Research Group

Overcoming the problem of externalities is a fundamental challenge for both private and public organizations. Environmental economics is primarily concerned with identifying and measuring environmental externalities, proposing conceptual solutions, suggesting implementable policies, and finally evaluating the performance of the policies in place. The lessons vary across institutional settings and depend on domain knowledge ranging from climate change to more local fisheries or ground-water management problems. But the lessons have in common that they are all derived from the same conceptual framework. Because environmental policies are being rolled out widely in the society, the applied work of the group covers a large number of sectors: transportation, electricity, housing, energy commodity markets, forest industry, and, for example, industries affected by the European emissions trading. The group is also strong in resource economics that is concerned with privately owned resources and their optimal use over time.

Environmental Economics Reading Group
  • The aim of the reading group is to read empirical papers related to your ongoing or planned research topics. The reading group sessions are intended to be as informal as possible. In each session there is a chair person who chooses the paper, initiates the discussion and takes care of the timetable. No presentations are needed.

  • Date: 25/09/2019 3:00 pm
    Location: VATT 1st floor meeting room

  • Date: 09/10/2019 3:00 pm
    Location: VATT 1st floor meeting room

  • Date: 30/10/2019 3:00 pm
    Location: VATT 1st floor meeting room

  • Date: 20/11/2019 3:00 pm
    Location: VATT 1st floor meeting room

  • Date: 11/12/2019 3:00 pm
    Location: VATT 1st floor meeting room

Matti Liski

Chair of the group, Professor
matti.liski at aalto.fi

Lassi Ahlvik

Member, Associate Professor
lassi.ahlvik at helsinki.fi

Topi Hokkanen

Member, PhD student
topi.h.hokkanen at aalto.fi

Antti Iho

Member, Dr
antti.iho at luke.fi

Pauli Lappi

Member, University Lecturer
pauli.lappi at helsinki.fi

Marita Laukkanen

Member, Chief Researcher
marita.laukkanen at vatt.fi

Marko Lindroos

Member, University lecturer
marko.lindroos at helsinki.fi

Jussi Lintunen

Member, Researcher
jussi.lintunen at etla.fi

Kimmo Palanne

Member, PhD student
kimmo.palanne at aalto.fi

Sampo Pihlainen

Member, Visiting Scholar
sampo.pihlainen at helsinki.fi

Anna Sahari

Member, Senior Researcher
anna.sahari at vatt.fi

Olli Tahvonen

Member, Professor
olli.tahvonen at helsinki.fi

Iivo Vehviläinen

Member, Visiting Researcher
iivo.vehvilainen at aalto.fi

Riikka Venesjärvi

Member, Postdoctoral researcher
riikka.venesjarvi at luke.fi

Maria Wang

Member, PhD student
maria.wang at hanken.fi

Upcoming Seminars

10 Sep 2019

Environmental Economics

Regulating homogeneous externalities

  • Reyer Gerlagh
  • Tilburg University

24 Sep 2019

Environmental Economics

The Regulatory Challenge of Restricting Participation to Limit Environmentally Undesirable Production Growth (joint with Atle Oglend)

  • Vesa-Heikki Soini
  • Hanken School of Economics

22 Oct 2019

Environmental Economics

Cost vector effects in discrete choice experiments – does the size and range of cost levels impact choices and willingness to pay?

  • CANCELLED! Heini Ahtiainen
  • Luke/HELCOM

19 Nov 2019

Environmental Economics

Nuclear Power, Democracy, Development, and Nuclear Warheads: Determinants for Introducing Nuclear Power

  • Anne Neumann
  • Norwegian University of Science and Technology and German Institute for Economic Research, DIW

8 Oct 2019

Environmental Economics

On optimal extraction under asymmetric information over reclamation costs

  • Pauli Lappi
  • University of Helsinki

28 Jan 2020

Environmental Economics

Crop production, water pollution and climate mitigation

  • Matti Sihvonen
  • University of Helsinki

3 Mar 2020

Environmental Economics

The Nature of Experience (joint with F. Diekert & Christian König-Kersting)

  • Timo Goeschl
  • Heidelberg University

10 Mar 2020

Environmental Economics

The Economics of Toxic Substance Control in Europe

  • Jessica Coria
  • University of Gothenburg

21 Apr 2020

Environmental Economics


  • Heini Ahtiainen
  • Luke

24 Mar 2020

Environmental Economics


  • Jenni Miettinen
  • University of Helsinki

19 May 2020

Environmental Economics

On the choice between price and quantity instrument under endogenous lobby formation

  • Pauli Lappi
  • University of Helsinki

5 May 2020

Environmental Economics

GSE Environmental Economics PhD Workshop

12 May 2020

Environmental Economics

GSE Environmental Economics PhD Workshop

8 Sep 2020

Environmental Economics

Investment and the timing of taxes: Evidence from oil drilling in the North Sea

  • Lassi Ahlvik
  • University of Helsinki

22 Sep 2020

Environmental Economics

The effect of information nudges on energy saving: observations from a randomized field experiment in Finland (with Meriläinen, T., Karhinen, S. & Svento, R.)

  • Enni Ruokamo
  • Syke

3 Nov 2020

Environmental Economics


  • Zichen Deng
  • NHH Bergen

20 Oct 2020

Environmental Economics

Emissions Trading Scheme and Directed Technological Change: Evidence from China

  • Ruijie Tian
  • University of Gothenburg

17 Nov 2020

Environmental Economics

The price elasticity of electricity demand when marginal incentives are very large

  • Mattias Vesterberg
  • Umeå University

26 Jan 2021

Environmental Economics


  • Davide Cerruti
  • ETH Zürich

1 Dec 2020

Environmental Economics


  • Harri Nikula
  • Tampere University

15 Dec 2020

Environmental Economics


  • Lisa Ryan
  • University College Dublin
Helsinki GSE