Structural decomposition analysis (SDA) is employed to examine physical flows other than energy and energy-related emissions. A unique set of hybrid-unit I/O tables, including both physical and monetary data, was constructed for this purpose. The decomposition results are used to perform...

A foundation is provided for a correct and accurate analysis of the relationship between monetary values and physical dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a classification is offered of various types of...

A monetary valuation study of marine management in the Dutch Wadden Sea, the largest natural area of the Netherlands, is presented. The study is motivated by a conflict between shellfisheries and large populations of birds that forage on cockles. Different management scenarios are valued using...

In a site-selection choice experiment various hypotheses are tested related to spatial heterogeneity in willingness to pay (WTP) for environmental improvements. Spatial heterogeneity is measured through distance-decay effects, substitute sites inside and outside the experiment’s choice set,...