Economic value of damage caused by marine bio-invasions: lessons from two European case studies

Economic value of damage caused by marine bio-invasions: lessons from two European case studies

Primary Country: Italy
Ecosystem: estuary
Sample Value Estimates:
  1. Euro 326, 190, 000: total welfare loss is no policy action were taken to prevent harmful algal blooms
  2. Euro 5,904 amount individual fisher is willing to accept for the first year to move from present system to a mixture of vibrant and manual rakes
Data source: This source provided by Salman Hussain at the Scottish Agricultural College.

Publication information

Nunes, Paulo A. L. D. Markandya, Anil “Economic value of damage caused by marine bio-invasions: lessons from two European case studies” Journal of Marine Science, 2008

Addtional Notes

Keyword: species

"...we examine in detail two empirical applications of economic value assessment of social damage attributable to marine bio-invasions. One of these looks at ballast water management programmes in Rotterdam harbour, the Netherlands, and the second investigates management practices for the Manila clam in Venice Lagoon."

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