Nautical Tourism, Carrying Capacity and Environmental Externality in the Lagoon of Marano and Grado

Francesco Silvestri, Stefano Ghinoi and Vincenzo Barone
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Francesco Silvestri: eco&eco Economia ed Ecologia Ltd. Bologna and Dept. of Economics and Marketing, University of Ferrara
Vincenzo Barone: eco&eco Economia ed Ecologia Ltd. Bologna

No 2013.73, Working Papers from Fondazione Eni Enrico Mattei

Abstract: Tourism and environmental preservation are often conflicting activities, mainly in areas such as coastal lagoons, where seaside mass-tourism comes into contact with a very sensitive ecological system. In this paper we deal with a classical problem of both environmental and tourism economics, the internalization of environmental costs of tourism, focusing on the nautical fruition of the Lagoon of Marano and Grado (North-Eastern Italy, Friuli Venezia Giulia Region). Using different instruments, both theoretical (Carrying Capacity framework, Polluter-Payer principle, Coase compensation) and empirical (Cluster analysis, Log-log regression, Forecasting model, cost and benefit calculation through actual market values), we get the result that a standard Coasian equilibrium (unit external cost equal to unit private benefit) doesn’t hold, and a higher coverage of the local berths endowment (i. e. a higher vessels transit in the Lagoon) is more effective for nature conservation than a tempered fruition. Another interesting result is that the best available solution to internalize environmental externality is a mixed one, comprehensive of a command and control rule (a speed-limit prescription), and a compensation scheme.

Keywords: Tourism Carrying Capacity; Nature conservation; Externalities; Empirical studies (search for similar items in EconPapers)
JEL-codes: Q01 Q26 Q57 (search for similar items in EconPapers)
Date: 2013-09
New Economics Papers: this item is included in nep-cul, nep-env and nep-tur
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Citations: View citations in EconPapers (1)

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Working Paper: Nautical Tourism, Carrying Capacity and Environmental Externality in the Lagoon of Marano and Grado (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2013.73

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