Economic losses associated with the degradation of an ecosystem: The case of submerged aquatic vegetation in Chesapeake Bay |
| |
Authors: | James R Kahn W.Michael Kemp |
| |
Affiliation: | Department of Economics, State University of New York, Binghamton, New York 13901, USA;Horn Point Environmental Laboratories, Center for Environmental and Estuarine Studies, University of Maryland, Cambridge, Maryland 21613, USA |
| |
Abstract: | This study employs theoretical and empirical concepts from ecology and economics to derive a lower bound of the marginal damage function for reductions in the level of submerged aquatic vegetation (SAV) in Chesapeake Bay. These reductions in SAV are believed to be a consequence of the runoff of agricultural chemicals, discharges from waste treatment plants, and soil erosion. The study examines the indirect ecological consequences of pollution in Chesapeak Bay fisheries, in a fashion which is consistent with the economic theory of benefit measurement. |
| |
Keywords: | |
本文献已被 ScienceDirect 等数据库收录! |
|