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Valuing the environment as input: review of applications to mangrove-fishery linkages
Affiliation:1. Institute of Biomedical Sciences, University of Porto (ICBAS-UP), Rua Jorge Viterbo Ferreira, 228, Porto 4050-313, Portugal;2. CIIMAR – Interdisciplinary Centre for Marine and Environmental Research, Avenida General Norton de Matos, Matosinhos 4450-208, Portugal;3. Institute of Estuarine & Coastal Studies, University of Hull, Hull HU6 7RX, UK;1. Department of Ecology and Coastal Management, Institute of Marine Sciences of Andalusia (CSIC), 11510 Puerto Real, Cádiz, Spain;2. Institute of Marine Research (IIM), National Research Council (CSIC), Eduardo Cabello 6, 36208 Vigo, Spain;3. Center for Functional Ecology, Department of Life Sciences, University of Coimbra, 3000-456 Coimbra, Portugal;1. Atmosphere and Ocean Research Institute, The University of Tokyo, Kashiwa, Chiba 277-8564, Japan;2. Okinawa Regional Research Center, Tokai University, Uehara, Taketomi, Okinawa 907-1541, Japan;3. Graduate School of Kuroshio Science, Kochi University, 200 Monobe, Nankoku, Kochi 783-8502, Japan;4. Research Center for Coastal Lagoon Environments, Shimane University, 1060, Nishikawatsu-cho, Matsue, Shimane 690-8504, Japan;5. Graduate School of Agricultural and Life Sciences, The University of Tokyo, Bunkyo, Tokyo 113-8657, Japan
Abstract:The following paper reviews recent developments in the methodology for valuing the role of wetlands in supporting economic activity. The main focus will be on mangroves serving as a breeding ground and nursery habitat in support of coastal and marine fisheries. As this particular ecological function of a mangrove system means that it is effectively an unpriced ‘environmental’ input into fisheries, then it is possible to value this contribution through applying the production function approach. The first half of the paper overviews the procedure for valuing the environment as an input, applied to the case of a wetland supporting a fishery. Both the ‘static’ Ellis–Fisher–Freeman approach and the ‘dynamic’ approach developed by Barbier and Strand, incorporating the intertemporal bioeconomic fishing problem, are reviewed. The second half of the paper discusses briefly two recent case studies of mangrove-fishery valuation. An application in South Thailand, which is based on the static Ellis–Fisher–Freeman model, and an application in Campeche, Mexico, which is based on the dynamic approach.
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