In this paper we price a precipitation option based on empirical weather data from Germany using different pricing methods, among them Burn Analysis, Index Value Simulation and Daily Simulation. For that purpose we develop a daily precipitation model. Moreover, a decorrelation analysis is...

This paper explores the dynamic effects of biodiversity conservation on agricultural production in the context of specialised intensive farming systems. The focus is on the analysis of the dynamic effects of changes in the levels of agrobiodiversity, on technical change and productivity in...

In the environmental economics literature results from contingent valuation mail surveys (MS) are usually considered less reliable than results from face-to-face surveys (FtF). This is mostly due to low response rates and self-selection effects of the respondents. However, MS are much less...

The encroachment of protected areas for agricultural and livestock production is an important challenge for nature conservation in developing countries. The driving forces of encroachment are debated - major arguments focus on (1) the need of local people to cultivate land inside protected areas...

Within a context of global trade liberalisation and constrained national budgets, agriculture in many countries has proved incapable of sustaining household livelihoods an d socio-economic development in rural areas. The post-war industrial success of several Asian countries has suggested...

Ecosystem services generate benefits that enter human consumption either directly or indirectly via their contribution to human production activities. In this contribution, we provide evidence that (i) the demand of peasants for ecosystem services in rural Indonesia depends on relative poverty;...

Current government guidelines for the appraisal of coastal defence projects in the UK do not require that non-market amenity benefits to be considered . However, a new option in coastal defence, namely multi-purpose reefs, provides an opportunity to integrate coastal defence with significant...

The Water Framework Directive (WFD) sets targets of "Good Ecological Status" for water bodies across the EU. Environmental regulatory authorities must undertake economic analysis of all water bodies as part of the process of drawing up catchment management plans. In this paper, we test the...

This paper explores the inter-sectoral and land-use dynamics behind the development of bio-energy as a climate change policy through a computable general equilibrium (CGE) with a land use change (LUC) model. It assesses the economic and social costs of bio-energy development both in terms of the...