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Ecological-Economic Analysis and Valuation of Biodiversity

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  • Paulo A.L.D. Nunes
  • Jeroen C.J.M. van den Bergh
  • Peter Nijkamp

    (Vrije Universiteit Amsterdam)

Abstract

This paper introduces and surveys ecological-economic analysis ofbiodiversity. It seeks to identify the complex linkages betweeneconomic and ecological systems with a view to a solid exploration ofvaluation issues in biodiversity. Against this background the studyoffers a review of key ecological concepts that are essential inbuilding bridges between ecology and economics. Issues discussed hereare ecosystem management principles, biodiversity indices and modernconcepts such as resilience. Particular attention is given to variousmonetary valuation approaches and methods, from the perspective ofconservation and sustainable use of biodiversity. For this purpose,the interrelation between biodiversity, resources, ecosystemfunctions, and human welfare is examined. The use of ecological andvalue indicators in integrated modelling and analysis is alsoaddressed. Finally, several illustrative applications are presentedin order to demonstrate the usefulness of the approaches discussed.Ultimately, this study offers a basis for biodiversity valuationapproaches at the interface of economics and ecology.

Suggested Citation

  • 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.
    • Handle: RePEc:tin:wpaper:20000100
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    Cited by:

    1. Halkos, George, 2013. "The relationship between people’s attitude and willingness to pay for river conservation," MPRA Paper 50560, University Library of Munich, Germany.
    2. Halkos, George, 2012. "Assessing the economic value of protecting artificial lakes," MPRA Paper 39557, University Library of Munich, Germany.
    3. Kourtit Karima & Nijkamp Peter & Scholten Henk, 2023. "Planning for Climate–Benign Cities – Design of a Mind Map for Smart Energy Transition," Economic Themes, Sciendo, vol. 61(1), pages 41-61, March.

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