IDEAS home Printed from https://ideas.repec.org/p/ags/feemsi/12205.html
   My bibliography  Save this paper

Analysis and Evaluation of Ecosystem Resilience: An Economic Perspective

Author

Listed:
  • Vergano, Lucia
  • Nunes, Paulo A.L.D.

Abstract

This paper focuses on the analyses and evaluation of resilience anchored in an economic perspective. Resilience, as well as most of the benefits provided by ecosystems, is not priced on current markets. However, this does not mean that resilience is of no value for humans. On the contrary, the interest of using an economic perspective, and the respective scientific methodology, will be put forward in terms of resilience relevance for ecosystems' life and functioning, and its impact on human welfare. The economic perspective is anchored in an anthropocentric analysis meaning that resilience is evaluated in terms of provision of natural capital benefits. These, in turn, are interpreted as an insurance against the risk of ecosystem malfunctioning and the consequent interruption of the provision of goods and services to humans. For this analysis, we make use of a conceptual framework so as to identify and describe the different value components of resilience. Finally, we present an illustration that tackles the economic analysis and discussion of resilience benefits in the context of the Venice Lagoon.

Suggested Citation

  • Vergano, Lucia & Nunes, Paulo A.L.D., 2006. "Analysis and Evaluation of Ecosystem Resilience: An Economic Perspective," Sustainability Indicators and Environmental Valuation Working Papers 12205, Fondazione Eni Enrico Mattei (FEEM).
    • Handle: RePEc:ags:feemsi:12205
    DOI: 10.22004/ag.econ.12205
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/12205/files/wp060025.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.12205?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
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Paulo A.L.D. Nunes & Jeroen C.J.M. van den Bergh, 2003. "The Ecological Economics of Biodiversity," Books, Edward Elgar Publishing, number 2993.
    2. Gibson, Clark C. & Ostrom, Elinor & Ahn, T. K., 2000. "The concept of scale and the human dimensions of global change: a survey," Ecological Economics, Elsevier, vol. 32(2), pages 217-239, February.
    3. Perrings, Charles & Walker, Brian, 1997. "Biodiversity, resilience and the control of ecological-economic systems: the case of fire-driven rangelands," Ecological Economics, Elsevier, vol. 22(1), pages 73-83, July.
    4. Francesco Bosello & Barbara Buchner & Carlo Carraro, 2003. "Equity, Development, and Climate Change Control," Journal of the European Economic Association, MIT Press, vol. 1(2-3), pages 601-611, 04/05.
    5. repec:idb:brikps:80383 is not listed on IDEAS
    6. Carson, R.T. & Mitchell, R.C. & Hanemann, W.M. & Kopp, R.J. & Presser, S. & Ruud, P.A., 1992. "A Contingent Valuation Study of Lost Passive Use Values Resulting From the Exxon Valdez Oil Spill," MPRA Paper 6984, University Library of Munich, Germany.
    7. Chong Ju Choi & Carla C. J. M. Millar & Caroline Y. L. Wong, 2005. "Knowledge and the State," Palgrave Macmillan Books, in: Knowledge Entanglements, chapter 0, pages 19-38, Palgrave Macmillan.
    8. Batabyal, Amitrajeet A. & Kahn, James R. & O'Neill, Robert V., 2003. "On the scarcity value of ecosystem services," Journal of Environmental Economics and Management, Elsevier, vol. 46(2), pages 334-352, September.
    9. Muradian, Roldan, 2001. "Ecological thresholds: a survey," Ecological Economics, Elsevier, vol. 38(1), pages 7-24, July.
    10. Paulo A.L.D. Nunes & Margaretha Breil & Gretel Gambarelli, 2005. "Economic Valuation of On Site Material Damages of High Water on Economic Activities based in the City of Venice: Results from a Dose-Response-Expert-Based Valuation Approach," Working Papers 2005.53, Fondazione Eni Enrico Mattei.
    11. repec:idb:brikps:publication-detail,7101.html?id=68574 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    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. Maxim, Laura & Spangenberg, Joachim H. & O'Connor, Martin, 2009. "An analysis of risks for biodiversity under the DPSIR framework," Ecological Economics, Elsevier, vol. 69(1), pages 12-23, November.
    2. Felix Rauschmayer & Sybille van den Hove & Thomas Koetz, 2009. "Participation in EU Biodiversity Governance: How Far beyond Rhetoric?," Environment and Planning C, , vol. 27(1), pages 42-58, February.
    3. Pierre Dupraz & Karine Latouche & Nadine Turpin, 2007. "Programmes agri-environnementaux en présence d’effets de seuil," Cahiers d'Economie et Sociologie Rurales, INRA Department of Economics, vol. 82, pages 5-32.
    4. Wu, Tong & Kim, Yeon-Su, 2013. "Pricing ecosystem resilience in frequent-fire ponderosa pine forests," Forest Policy and Economics, Elsevier, vol. 27(C), pages 8-12.
    5. Paulo A.L.D. Nunes & Jeroen C.J.M. van den Bergh & Peter Nijkamp, 2000. "Ecological-Economic Analysis and Valuation of Biodiversity," Tinbergen Institute Discussion Papers 00-100/3, Tinbergen Institute.
    6. Brand, Fridolin, 2005. "Ecological resilience and its relevance within a theory of sustainable development," UFZ Reports 03/2005, Helmholtz Centre for Environmental Research (UFZ).
    7. Robert Costanza & Shuang Liu, 2014. "Ecosystem Services and Environmental Governance: Comparing China and the U.S," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 1(1), pages 160-170, January.
    8. Oliver Hinz & Jochen Eckert, 2010. "The Impact of Search and Recommendation Systems on Sales in Electronic Commerce," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 2(2), pages 67-77, April.
    9. Verbic, Miroslav & Slabe-Erker, Renata, 2009. "An econometric analysis of willingness-to-pay for sustainable development: A case study of the Volcji Potok landscape area," Ecological Economics, Elsevier, vol. 68(5), pages 1316-1328, March.
    10. Grillitsch, Markus & Asheim, Björn & Fünfschilling, Lea & Kelmenson, Sophie & Lowe, Nichola & Lundquist, Karl Johan & Mahmoud, Yahia & Martynovich, Mikhail & Mattson, Pauline & Miörner, Johan & Nilsso, 2023. "Rescaling: An Analytical Lense to Study Economic and Industrial Shifts," Papers in Innovation Studies 2023/11, Lund University, CIRCLE - Centre for Innovation Research.
    11. Xiao-Bai Li & Jialun Qin, 2017. "Anonymizing and Sharing Medical Text Records," Information Systems Research, INFORMS, vol. 28(2), pages 332-352, June.
    12. Lawrence Bunnell & Kweku-Muata Osei-Bryson & Victoria Y. Yoon, 0. "RecSys Issues Ontology: A Knowledge Classification of Issues for Recommender Systems Researchers," Information Systems Frontiers, Springer, vol. 0, pages 1-42.
    13. Adaman, Fikret & Gökşen, Fatoş & Zenginobuz, Unal, 2003. "Political economy of citizens’ participation in environmental improvement: The case of Istanbul," MPRA Paper 375, University Library of Munich, Germany.
    14. Richard T. Carson & W. Michael Hanemann, & Raymond J. Kopp & Jon A. Krosnick & Robert C. Mitchell & Stanley Presser & Paul A. Rudd & V. Kerry Smith & Michael Conaway & Kerry Martin, 1997. "Temporal Reliability of Estimates from Contingent Valuation," Land Economics, University of Wisconsin Press, vol. 73(2), pages 151-163.
    15. Martinovici, A., 2019. "Revealing attention - how eye movements predict brand choice and moment of choice," Other publications TiSEM 7dca38a5-9f78-4aee-bd81-c, Tilburg University, School of Economics and Management.
    16. Caparros, Alejandro & Cerda, Emilio & Ovando, P. & Campos, Pablo, 2007. "Carbon Sequestration with Reforestations and Biodiversity-Scenic Values," Climate Change Modelling and Policy Working Papers 9323, Fondazione Eni Enrico Mattei (FEEM).
    17. Joanna Sokolowska & Patrycja Sleboda, 2015. "The Inverse Relation Between Risks and Benefits: The Role of Affect and Expertise," Risk Analysis, John Wiley & Sons, vol. 35(7), pages 1252-1267, July.
    18. Donald R. Haurin & Stuart S. Rosenthal, 2009. "Language, Agglomeration and Hispanic Homeownership," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 37(2), pages 155-183, June.
    19. Nunes, P.A.L.D. & Nijkamp, P., 2011. "Biodiversity: Economic perspectives," Serie Research Memoranda 0002, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    20. Jong Won Min, 2019. "The Influence of Stigma and Views on Mental Health Treatment Effectiveness on Service Use by Age and Ethnicity: Evidence From the CDC BRFSS 2007, 2009, and 2012," SAGE Open, , vol. 9(3), pages 21582440198, September.

    More about this item

    Keywords

    Environmental Economics and Policy;

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

    Statistics

    Access and download statistics

    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:ags:feemsi:12205. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/feemmit.html .

    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.