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We develop and apply a new method for estimating the economic benefits of an environmental amenity. The method fits within the household production framework (Becker 1965), and is based upon the notion of estimating the derived demand for a privately traded option to utilize a freely-available...
Persistent link: https://www.econbiz.de/10011325088
Recent research in natural sciences shows that boreal forests' dynamics are much more complex than what many models traditionally used in forestry economics reflect. This essay analyses some challenges of accounting for such complexity. When forest owners continuously harvest several species,...
Persistent link: https://www.econbiz.de/10011325134
This study explores the potential of conjoint choice analysis for planning decisions in urban sites. We elicit people's preferences for regeneration projects that change the aesthetic and use character of specified urban sites. We focus on two sets of regeneration projects. The first set entails...
Persistent link: https://www.econbiz.de/10011335739
Numerous attempts have been made to evaluate economic impacts by climate change, and the evaluation method can be … economic impacts of changes in natural environment by climate change and environmental conservation policies. On the other hand …, both direct and indirect impacts of climate change through changes in the behavior of economic agents can be captured. A …
Persistent link: https://www.econbiz.de/10011397384
Shirakami Mountain Range has the largest primeval forest in the world, and has some public functions; the biodiversity function, the water resource cultivation function, the health and recreation function and so on. This study tries to measure its environmental economic value by using the travel...
Persistent link: https://www.econbiz.de/10011397508
The 2011 Great East Japan Earthquake hereafter, 'the Earthquake' and the accident involving radiation leakage at Tokyo Electric Power Company's Fukushima Nuclear Power Plant No. 1 hereafter, 'NPP No. 1' brought fame to Fukushima Prefecture but not in a positive way. In general, economic damage...
Persistent link: https://www.econbiz.de/10011400459
This paper develops a general equilibrium model to measure welfare effects of taxes for correcting environmental externalities caused by domestic trade, focusing on exter- nalities that arise through exports. Externalities from exports come from a number of sources. Domestically owned ships,...
Persistent link: https://www.econbiz.de/10011422190
In this paper the efficient allocation of natural recreational areasis analysed. Natural recreational areas have the features of publicgoods. We present the efficient allocation of this non-excludablepublic good in a rational general equilibrium model withheterogeneous agents. This allows us to...
Persistent link: https://www.econbiz.de/10010324764
Harmful algal bIoom species are the cause of important damages to marine living resources and human beings. These marine species are primarily introduced in North-European waters through ballast water, i.e. water trans-ported across the oceans so as to keep a vessel in balance. Port authorities...
Persistent link: https://www.econbiz.de/10010325049
Pro-poor tourism is arguably one of the best green options for addressing LDC poverty, employment and economic diversification initiatives. Although often neglected as a serious policy option - and consequently most of its potential still remains untapped - tourism is the leading export for at...
Persistent link: https://www.econbiz.de/10010326801