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Common Environment Policies in Different Sustainability Paradigms: Evidence From the Baltic, Adriatic, and Black Seas

Author

Listed:
  • Fabio Zagonari
  • Stella Tsani

    (Athens University of Economics and Business)

  • Sotiris Mavrikis
  • Phoebe Koundouri

Abstract

We develop a model for four sustainability paradigms (weak sustainability, a-growth, de-growth, strong sustainability) within a single framework that accounts for responsibility for nature and future generations and for intra- and inter-generational equality. The model is applied in three case studies: the Baltic, the Adriatic and the Black Sea with the aim to identify feasible sustainability solutions for shared seas under alternative sources of environmental pressure and cooperation strategies. The Baltic Sea is analyzed as an example of pollution from agriculture, the Adriatic Sea as an example of over-exploitation of fish in fishery, and the Black Sea as an example of pollution from industry. Empirical results show that different cooperation strategies are feasible in each case and that they yield different results in different context. Also welfare implications vary between different cooperation strategies. The main policy implication of the analysis is two-fold. Environmental conservation must be preferred to environmental innovation, where both intra- and inter-generational equity concerns are unessential. The choice of a different sustainability approaches must be combined with the feasibility of the differently required management institutions, while considerations of the sectoral sources of environmental pressure are essential.

Suggested Citation

  • Fabio Zagonari & Stella Tsani & Sotiris Mavrikis & Phoebe Koundouri, 2018. "Common Environment Policies in Different Sustainability Paradigms: Evidence From the Baltic, Adriatic, and Black Seas," DEOS Working Papers 1812, Athens University of Economics and Business.
  • Handle: RePEc:aue:wpaper:1812
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    References listed on IDEAS

    as
    1. Severini, Nicola, 2013. "Management and overfishing problems in the High Adriatic sea and the future policy perspectives," 2013 Second Congress, June 6-7, 2013, Parma, Italy 149930, Italian Association of Agricultural and Applied Economics (AIEAA).
    2. Geir B. Asheim & Tapan Mitra & Bertil Tungodden, 2016. "Sustainable Recursive Social Welfare Functions," Studies in Economic Theory, in: Graciela Chichilnisky & Armon Rezai (ed.), The Economics of the Global Environment, pages 165-190, Springer.
    3. Aznar-Márquez, J. & Ruiz-Tamarit, J.R., 2016. "Environmental pollution, sustained growth, and sufficient conditions for sustainable development," Economic Modelling, Elsevier, vol. 54(C), pages 439-449.
    4. Fabio Zagonari, 2016. "Four Sustainability Paradigms for Environmental Management: A Methodological Analysis and an Empirical Study Based on 30 Italian Industries," Sustainability, MDPI, vol. 8(6), pages 1-34, May.
    5. F. Zagonari, 2017. "Responsibility, inequality, efficiency, and equity in four sustainability paradigms: policies for a shared sea from a multi-country analytical model," Working Papers wp1101, Dipartimento Scienze Economiche, Universita' di Bologna.
    6. Lowder, Sarah K. & Carisma, Brian & Skoet, Jakob, 2012. "Who invests in agriculture and how much? An empirical review of the relative size of various investments in agriculture in low- and middle-income countries," ESA Working Papers 288992, Food and Agriculture Organization of the United Nations, Agricultural Development Economics Division (ESA).
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    Cited by:

    1. Nikos Chatzistamoulou & Phoebe Koundouri, 2020. "The Economics of Sustainable Development," DEOS Working Papers 2005, Athens University of Economics and Business.
    2. Nikos Chatzistamoulou & Phoebe Koundouri, 2020. "From Theory to Practice. SDG Patterns Across the Globe," DEOS Working Papers 2006, Athens University of Economics and Business.
    3. Nikos Chatzistamoulou & Phoebe Koundouri, 2020. "SDGs Patterns Across the Globe: From Theory to Practice," DEOS Working Papers 2016, Athens University of Economics and Business.

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    More about this item

    Keywords

    sustainability; equity; marine strategy framework; Adriatic Sea; Black Sea; Baltic Sea JEL;
    All these keywords.

    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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