Valuing Estuarine Resource Services Using Economic and Ecological Models: The Peconic Estuary System Study
By R. Johnston, T. Grigalunas, J. Opaluch, Marisa J Mazzotta, Jerry Diamantedes. 2002
134 citations recorded by the source corpus.
This article summarizes four integrated economic studies undertaken to contribute to resource preservation and restoration decisions for the Peconic Estuary System of Suffolk County, NY. Completed as part of the National Estuary Program, the studies apply distinct resource valuation methods to a wide range of resource issues. The principal goals of this article are to highlight different methodologies that may be used to assess nonmarket economic values in a coastal management context, and characterize differences in the results that one may expect from each approach. We also emphasize potential relationships among values estimated by different nonmarket methodologies, and comment on the implications of these relationships for the interpretation and use of economic value estimates.
Subfields: Economics and Econometrics, Global and Planetary Change
View Paper: https://www.semanticscholar.org/paper/e010fc3dc617901e3f378dec618e5d6c45dd0838
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In Economics and Econometrics
- Chris J. Kennedy
- B. Silliman
- E. Koch
- S. Hacker
- A. Stier
- Edward B. Barbier
- Robert M. Ewers
- Stephen Polasky
In Global and Planetary Change
- Chris J. Kennedy
- B. Silliman
- E. Koch
- S. Hacker
- A. Stier
- Edward B. Barbier
- Stephen Polasky
- Kathleen Segerson
Citations in the corpus
- The value of estuarine and coastal ecosystem services (2011, background): “For example, Johnston et al. (2002) estimate the benefits arising from a wide range of ecosystem services provided by the Peconic Estuary in Long Island, New York, USA.”
- Progress and Challenges in Valuing Coastal and Marine Ecosystem Services (2012, background): “…habitat–fishery linkages for the multiple benefits arising from entire interconnected habitats, such as estuaries and mangrove–sea grass–reef systems (Johnston et al. 2002; Sanchirico and Mumby 2009); accounting for the spatial variability of habitat–fishery linkages whether for coastal wetlands…”