Title: Economic valuation of marineecosystem services: Methodologicalissues and challenges
Abstract: The economy has a complex relationship with the environment.
The environment not only provides the raw materials and
energy for the production of goods and services that support
people’s lifestyles, but also sustains damage through the
activities of households and businesses. Environmental
economics, being a sub-field of economics, is concerned
with environmental issues. According to the quoting from
the National Bureau of Economic Research Environmental
Economics program, “Environmental Economics undertakes
theoretical or empirical studies of the economic effects of
national or local environmental policies around the world.
Particular issues include the costs and benefits of alternative
environmental policies to deal with air pollution, water
quality, toxic substances, solid waste, and global warming’’.
Environmental economics seeks to assess various losses due
to the economic activities and to fix upon the most competent
way to reduce them, as well as to compare the cost of
environmental damage to the cost of mitigation.
Publication Year: 2015
Publication Date: 2015-01-01
Language: en
Type: article
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