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Analysis and Evaluation of Ecosystem Resilience: An Economic Perspective AgEcon
Vergano, Lucia; Nunes, Paulo A.L.D..
This paper focuses on the analyses and evaluation of resilience anchored in an economic perspective. Resilience, as well as most of the benefits provided by ecosystems, is not priced on current markets. However, this does not mean that resilience is of no value for humans. On the contrary, the interest of using an economic perspective, and the respective scientific methodology, will be put forward in terms of resilience relevance for ecosystems’ life and functioning, and its impact on human welfare. The economic perspective is anchored in an anthropocentric analysis meaning that resilience is evaluated in terms of provision of natural capital benefits. These, in turn, are interpreted as an insurance against the risk of ecosystem malfunctioning and the...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12205
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An Economic Assessment of the Impacts of the MOSE Barriers on Venice Port Activities AgEcon
Vergano, Lucia; Umgiesser, Georg; Nunes, Paulo A.L.D..
Due to its hydro-geological features, the lagoon of Venice is especially vulnerable to climate change. In particular, it is strongly affected by gradual global warming that brings about the so-called ‘acqua alta’ (high water) phenomenon with greater frequency and intensity. In order to protect the city of Venice from the more and more frequent phenomenon of flooding, some protective measures have been adopted. Among them, the system of mobile barriers commonly known as MOSE: however, by separating the lagoon from the Adriatic Sea, it interferes with ship traffic and has negative impacts on port activities. Against this background, the aim of the present work is to provide an estimate of the direct costs of ship traffic interruption due to the functioning...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change; ‘Acqua Alta’; MOSE; Ship Traffic; Direct Costs; Environmental Economics and Policy; Q51; Q54.
Ano: 2010 URL: http://purl.umn.edu/59474
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