Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/53416 
Year of Publication: 
2009
Series/Report no.: 
Nota di Lavoro No. 121.2009
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
The role of economic analysis in guiding the sustainable development of estuarine and coastal ecosystems is investigated based on a comprehensive review of the literature on the valuation of the recreation, cultural and aesthetic services. The implications of the findings for the sustainable management of coral reefs, Marine Protected Areas, and Small Island Developing States are discussed. Finally, the potential of meta-analytical benefit transfer and scaling up of values at various aggregation levels is demonstrated in the context of coastal tourism and recreation in Europe. The results of the study support the conclusion that the non-material values provided by coastal and estuarine ecosystems in terms of recreational, cultural and aesthetic services represent a substantial component of human well-being.
Subjects: 
aesthetic values
coastal recreation
coral reefs
cultural values
ecosystem services valuation
ecosystem services
estuarine ecosystems
marine protected areas
non-market valuation
non-use values
passive values
recreational fishing
small island developing states
spiritual and religious values
JEL: 
Q20
Q26
Q57
Document Type: 
Working Paper

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