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Chapter 3. The nature of natural capital and ecosystem income

Fenichel, Eli P.; Abbott, Joshua K.; Yun, Seong Do - In: Handbook of environmental economics : Volume 4, (pp. 85-142). 2018

The natural capital concept is generating broad interest that extends well beyond economists. Economics has a long history of applying capital theory to natural resources. However, measurement of the value of ecosystems has mostly focused on income flows rather than valuing stocks of natural...

Persistent link: https://www.econbiz.de/10014023894

A human well-being approach for assessing the value of natural land areas

Kopmann, Angela; Rehdanz, Katrin - In: Ecological Economics 93 (2013) C, pp. 20-33

benefits of land conversion for society. Accordingly, the EU Biodiversity Strategy requires the member countries to assess …

Persistent link: https://www.econbiz.de/10010681857

Perspectives on Ecosystem Based Management for Delivering Ecosystem Services with an Example from an Eighteen-Species Marine Model

Finnoff, David; Gong, Min; Tschirhart, John - In: International Review of Environmental and Resource Economics 6 (2012) 1, pp. 79-118

"(Ecologists) recommendations, when problems arise, tend to favor the preservation of nature, or to favor management programs that optimize only the biological side of the problem. It is not surprising that man, in self-interest, has usually chosen instead the recommendations of the economist or...

Persistent link: https://www.econbiz.de/10010696398

Effects of institutional distrust on value estimates of stated preference surveys in developing countries : a choice experiment on conserving biodiversity within agricultural lands...

Manhique, Henrique; Wätzold, Frank - In: Q open : a journal of agricultural, climate, … 4 (2024) 1, pp. 1-25

, and farmers-in a case study aimed at eliciting preferences for conserving different types of biodiversity within orchards … in the Cape Floristic Region-a biodiversity hotspot in South Africa threatened by the expansion and intensification of … government with the lowest trust level and value estimates. In terms of preferences for biodiversity conservation, our results …

Persistent link: https://www.econbiz.de/10015053894

Limits to substitution between ecosystem services and manufactured goods and implications for social discounting

Drupp, Moritz A. - 2016

This paper examines implications of limits to substitution for estimating substitutability between ecosystem services and manufactured goods and for social discounting. Based on a model that accounts for a subsistence requirement in the consumption of ecosystem services, we provide empirical...

Persistent link: https://www.econbiz.de/10011448361

Between complexity and unfamiliarity: Preferences for soil-based ecosystem services

Bartkowski, Bartosz; Massenberg, Julian Richard; … - 2022

Soils provide multiple benefits for human well-being, which are largely invisible to most beneficiaries. Here, we present the results of a discrete choice experiment into the preferences of Germans for soil-based ecosystem services. To tackle complexity and unfamiliarity of soils, we express...

Persistent link: https://www.econbiz.de/10013184939

Valuing type and scope of ecosystem conservation: A meta-analysis

Hjerpe, Evan; Hussain, Anwar; Phillips, Spencer - In: Journal of Forest Economics 21 (2015) 1, pp. 32-50

Ecosystem conservation programs are increasingly incorporating both preservation and restoration strategies for ensuring the flow of ecosystem services from public lands. While preservation and restoration have similar end ecological objectives, differences in these conservation types may create...

Persistent link: https://www.econbiz.de/10011208853

Urban Areas and Watershed Services: Strategies for Ecosystem Management and Urban Risk Reduction

Depietri, Yaella; Guadagno, Lorenzo; Breil, Margaretha - In: Review of Environment, Energy and Economics - Re3 (2014) March

Under scenarios of increasing unplanned urban expansion, environmental degradation and hazard exposure, the vulnerability of urban populations needs to be tackled through novel, integrated solutions. Basing our analysis on the concept of ecosystem services, we suggest that urban areas would...

Persistent link: https://www.econbiz.de/10010904958

Ecosystem services as substitute inputs: Basic results and important implications for conservation policy

Simpson, R. David - In: Ecological Economics 98 (2014) C, pp. 102-108

In recent decades conservation advocates have often emphasized the contributions of ecosystem services to the production of other products. A demonstration of the value of ecosystems as inputs into production would motivate their conservation. Such arguments often offer the observation that...

Persistent link: https://www.econbiz.de/10011043636

A Meta-Analysis of Contingent Valuation Studies in Coastal and Near-Shore Marine Ecosystems

Liu, Shuang; Stern, David I. - Volkswirtschaftliche Fakultät, … - 2008

The ecosystem services provided by coastal and nearshore marine systems contribute significantly to human welfare. However, studies that document values of these services are widely scattered in the peer-reviewed literature. We collected 39 contingent valuation papers with 120 observations to...

Persistent link: https://www.econbiz.de/10005620197