Publication Details |
| Category | Text Publication |
| Reference Category | Journals |
| DOI | 10.1016/S0921-8009(99)00164-0 |
| Title (Primary) | Ecosystem prices: activity analysis applied to ecosystems |
| Author | Klauer, B. |
| Source Titel | Ecological Economics |
| Year | 2000 |
| Department | OEKON; OEKUS |
| Volume | 33 |
| Page From | 473 |
| Page To | 486 |
| Language | englisch |
| Abstract | In this paper a method is developed to derive prices for natural goods from information about material and energy hows within ecosystems. The derivation is based on an analogy between ecological and economic systems: both systems are characterized by flows of material and energy. To derive ecosystem prices the mathematical structure of Koopman's economic linear production model - his activity analysis - is applied to a material flow model of ecosystems. The ecological interpretation of these prices is discussed and the uniqueness of the price system is investigated. An algorithm for price calculation is derived and demonstrated with a numerical example. Finally, it is discussed whether ecosystem prices may be suitable as surrogates for economic valuations of natural goods. |
| Persistent UFZ Identifier | https://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=7310 |
| Klauer, B. (2000): Ecosystem prices: activity analysis applied to ecosystems Ecol. Econ. 33 , 473 - 486 10.1016/S0921-8009(99)00164-0 |
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