This paper examines the impact of marine ecosystem quality on inbound coastal tourism in the Baltic, North Sea, and Mediterranean countries. Given extensive empirical findings in ecological science, we use marine protected areas (MPAs) and the fraction of species that are shed in each...

This paper presents the evolution of diverse modes of environmental management in Bulgarian agriculture, and assesses their efficiency and likely prospects of development. First, it analyzes the pace of development and the impact(s) on individual behavior of the major modes of environmental...

This paper derives a structural shift empirical specification for a double-bound dichotomous choice contingent valuation methodology premised upon willingness-to-pay (WTP) shifts ensuing from a representative model of respondent Bayesian updating behavior. We demonstrate by way of data...

Genuine Savings has emerged as the leading economic indicator of sustainable economic development at the country level. It derives from the literatures on weak sustainability, wealth accounting and national income accounting. The paper is structured as follows: section 1 introduces the basic...

Based on the theoretical background of the link between countries’ transparency and environmental policy our paper provides empirical evidence for a sample of 68 countries for the time period of 2001-2010. By assuming that countries’ transparency levels shape their environmental policy which...

Global climate change has a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the macroeconomics evaluation of climate change (MECC) model – to evaluate the...

The paper shows the current state of environmental concerns in economic theory. Different economic schools have incorporated the environmental analysis into their theoretical framework. They use different presumptions, focus on different environmental aspects and come to diverse conclusions and...

One may misread economic theory on climate policy to provide a warning against unilateral mitigation. While important lessons are drawn from ‘global problems require global solutions’, these say little about what to do in a phase before or without a global agreement - or with weak ones. In...

En el estudio se identifican las principales funciones ambientales asociadas a recursos naturales degradados en sectores seleccionados de la cuenca del río Guanabo, ubicada en La Habana, Cuba. Parte de estas funciones se valoran económicamente y se ofrecen criterios para un mejor...

Due to the fact that norms govern individual behavior, which in turn it is related to the environmental behaviour, this study tries to establish a link between human behavior (in terms of cultural values) and the environment. With the use of robust frontiers this paper constructs countries’...