IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v34y2009i12p2101-2107.html
   My bibliography  Save this article

Physical Hydronomics: Application of the exergy analysis to the assessment of environmental costs of water bodies. The case of the inland basins of Catalonia

Author

Listed:
  • Valero, Antonio
  • Uche, Javier
  • Valero, Alicia
  • Martínez, Amaya

Abstract

The water cycle is governed by the thermodynamic laws. Therefore Thermodynamics and more specifically Exergoecology, that is the application of the exergy analysis in the evaluation of natural fluxes and resources on Earth, could help to build a solid cost structure based strictly on Physics and far away from price policies or subjectivities. Any type of degradation of water bodies along their rivers, lakes, etc., could then be quantified. Moreover, the physical information of the resource can be unified into universal units (energy units), and the monetary conversion of exergy costs is automatic through conventional energy prices. This paper presents a new discipline named “Physical Hydronomics”, as a guide to assess environmental costs included in the European Water Framework Directive (WFD).

Suggested Citation

  • Valero, Antonio & Uche, Javier & Valero, Alicia & Martínez, Amaya, 2009. "Physical Hydronomics: Application of the exergy analysis to the assessment of environmental costs of water bodies. The case of the inland basins of Catalonia," Energy, Elsevier, vol. 34(12), pages 2101-2107.
  • Handle: RePEc:eee:energy:v:34:y:2009:i:12:p:2101-2107
    DOI: 10.1016/j.energy.2008.08.020
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544208002107
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.energy.2008.08.020?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Francois Bonnieux, 2003. "Using the principles of environmental economics to manage water resources [Application des principes de l'économie de l'environnement à la gestion des hydrosystèmes]," Post-Print hal-02675452, HAL.
    2. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    3. Steinnes, Donald N, 1992. "Measuring the Economic Value of Water Quality: The Case of Lakeshore Land," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 26(2), pages 171-176, June.
    4. Loomis, John & Kent, Paula & Strange, Liz & Fausch, Kurt & Covich, Alan, 2000. "Measuring the total economic value of restoring ecosystem services in an impaired river basin: results from a contingent valuation survey," Ecological Economics, Elsevier, vol. 33(1), pages 103-117, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Miladi, Rihab & Frikha, Nader & Gabsi, Slimane, 2017. "Exergy analysis of a solar-powered vacuum membrane distillation unit using two models," Energy, Elsevier, vol. 120(C), pages 872-883.
    2. Alfonso Biondi & Enrico Sciubba, 2021. "Extended Exergy Analysis (EEA) of Italy, 2013–2017," Energies, MDPI, vol. 14(10), pages 1-21, May.
    3. Torres, César & Valero, Antonio & Valero, Alicia, 2013. "Exergoecology as a tool for ecological modelling. The case of the US food production chain," Ecological Modelling, Elsevier, vol. 255(C), pages 21-28.
    4. Biondi, Alfonso, 2022. "A contribution to the search for a thermodynamics-based sustainability indicator: Extended Exergy Analysis of the Italian system (1990–2012) and comparison with other indicators," Energy, Elsevier, vol. 244(PB).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mai, Nhat Chi, 2018. "도이모이 이후 베트남의 주거 이동, 선택, 가격 결정요인 연구: 호치민시 사례 중심으로," OSF Preprints 6kdfy, Center for Open Science.
    2. Kousky, Carolyn & Walls, Margaret, 2014. "Floodplain conservation as a flood mitigation strategy: Examining costs and benefits," Ecological Economics, Elsevier, vol. 104(C), pages 119-128.
    3. Katherine Kiel, 2006. "Environmental Contamination and House Values," Working Papers 0601, College of the Holy Cross, Department of Economics.
    4. Sarah Nicholls & John Crompton, 2018. "A Comprehensive Review of the Evidence of the Impact of Surface Water Quality on Property Values," Sustainability, MDPI, vol. 10(2), pages 1-30, February.
    5. Kuwayama, Yusuke & Olmstead, Sheila & Zheng, Jiameng, 2022. "A more comprehensive estimate of the value of water quality," Journal of Public Economics, Elsevier, vol. 207(C).
    6. Baron, Aneil & Zhang, Wendong & Irwin, Elena, 2016. "Estimating the Capitalization Effects of Harmful Algal Bloom Incidence, Intensity and Duration? A Repeated Sales Model of Lake Erie Lakefront Property Values," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236589, Agricultural and Applied Economics Association.
    7. Eugenio Figueroa & Roberto Pasten, 2014. "Economically valuing nature resources to promote conservation: An empirical application to Chile's national system of protected areas," Papers in Regional Science, Wiley Blackwell, vol. 93(4), pages 865-888, November.
    8. Chiara D’Alpaos & Paolo Bragolusi, 2020. "The Market Price Premium for Buildings Seismic Retrofitting," Sustainability, MDPI, vol. 12(21), pages 1-20, October.
    9. Ermanno Affuso & John Reid Cummings & Donald Alex Beebe & Steven R. Schultze, 2022. "Endogenous, Regime-Switching Hedonic Estimation of Commercial Waterway Water Quality Impact on Home Values in the Alabama Black Belt," Sustainability, MDPI, vol. 14(18), pages 1-17, September.
    10. Mai, Nhat Chi, 2018. "Residential Mobility, Housing Choice, and Price Determinants in Transitional Vietnam: The Case of Ho Chi Minh City," OSF Preprints j7wvh, Center for Open Science.
    11. Charles Towe & H. Allen Klaiber & Joe Maher & Will Georgic, 2021. "A Valuation of Restored Streams Using Repeat Sales and Instrumental Variables," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 80(2), pages 199-219, October.
    12. You Seok Chung & Ducksu Seo & Jaehwan Kim, 2018. "Price Determinants and GIS Analysis of the Housing Market in Vietnam: The Cases of Ho Chi Minh City and Hanoi," Sustainability, MDPI, vol. 10(12), pages 1-18, December.
    13. repec:rre:publsh:v:36:y:2006:i:2:p:221-38 is not listed on IDEAS
    14. Okmyung Bin & Jeffrey Czajkowski & Jingyuan Li & Gabriele Villarini, 2017. "Housing Market Fluctuations and the Implicit Price of Water Quality: Empirical Evidence from a South Florida Housing Market," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(2), pages 319-341, October.
    15. Halkos, George & Matsiori, Steriani, 2014. "Exploring social attitude and willingness to pay for water resources conservation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 49(C), pages 54-62.
    16. Sunak, Yasin & Madlener, Reinhard, 2012. "The Impact of Wind Farms on Property Values: A Geographically Weighted Hedonic Pricing Model," FCN Working Papers 3/2012, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised Mar 2013.
    17. Fluvià, Modest & Rigall-I-Torrent, Ricard & Espinet, Josep Maria & Garriga, Anna & Saló, Albert, 2011. "Precios implícitos de los atributos de los productos turísticos: ¿Qué esconde el efecto de la localización?/Implicit Prices of the Attributes of Tourism Products: What is Hidden Behind Location?," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 29, pages 781-802, Diciembre.
    18. Yasin Sunak & Reinhard Madlener, 2017. "The impact of wind farms on property values: A locally weighted hedonic pricing model," Papers in Regional Science, Wiley Blackwell, vol. 96(2), pages 423-444, June.
    19. Leggett, Christopher G. & Bockstael, Nancy E., 2000. "Evidence of the Effects of Water Quality on Residential Land Prices," Journal of Environmental Economics and Management, Elsevier, vol. 39(2), pages 121-144, March.
    20. Luca Stanca, 2008. "Le determinanti dei prezzi delle abitazioni: aspetti microeconomici," Working Papers 143, University of Milano-Bicocca, Department of Economics, revised Jul 2008.
    21. Julia Clapper & Steven B. Caudill, 2014. "Water quality and cottage prices in Ontario," Applied Economics, Taylor & Francis Journals, vol. 46(10), pages 1122-1126, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:34:y:2009:i:12:p:2101-2107. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.