Economic valuation of coastal and marine ecosystem services in the 21st century: an overview from a management perspective

Catalina M. Torres Figuerola and Nick Hanley

No 75, DEA Working Papers from Universitat de les Illes Balears, Departament d'Economía Aplicada

Abstract: This report aims to provide, through an extensive review of the literature, a comprehensive overview of the knowledge base regarding the valuation of coastal and marine ecosystem services (ES), placing emphasis on the analysis of both the policy implications of current studies as well as existing challenges. We aim to contribute not only to the role that economic valuation can play in the management of these ecosystems, but also to promote discussion among social and ecological researchers about further research needs. The report aims to serve as a basis to build a common language which is crucial to improve the sustainability of natural resources.

Keywords: Economic valuation; coastal and marine ecosystem; cost-benefit analysis; policy implications; research needs; challenges (search for similar items in EconPapers)
JEL-codes: C83 D61 D62 Q25 Q51 Q53 Q57 Q58 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-agr and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Working Paper: Economic valuation of coastal and marine ecosystem services in the 21st century: an overview from a management perspective (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ubi:deawps:75

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