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Ecological threshold and ecological economic threshold: Implications from an ecological economic model with adaptation

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  • Uehara, Takuro

Abstract

This paper investigates ecological threshold and ecological economic threshold by developing an ecological economic model—an extension of a population–resource dynamics model developed by Brander and Taylor (1998). The model reflects three critical issues regarding an ecological economic system: system boundary, non-convexity, and adaptation. The paper elucidates six main findings: ecological economic threshold may come before ecological threshold; the ecological economic threshold may exhibit a highly context-dependent and dynamic nature, which suggests the precautionary principle; markets do not respond sufficiently to maintain resiliency under an external shock as prices do not reflect thresholds; the system can be restored by intervention, even after crossing the ecological economic threshold; various transitional paths are possible in restoring the system; and adaptation affects resilience to a somewhat significant effect which suggests the importance of better information and education. Because of the complexity of the model, I adopt a system dynamics approach for the development and analysis of the model.

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  • Uehara, Takuro, 2013. "Ecological threshold and ecological economic threshold: Implications from an ecological economic model with adaptation," Ecological Economics, Elsevier, vol. 93(C), pages 374-384.
    • Handle: RePEc:eee:ecolec:v:93:y:2013:i:c:p:374-384
    DOI: 10.1016/j.ecolecon.2013.06.014
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    3. Takuro Uehara & Mateo Cordier & Bertrand Hamaide, 2018. "Fully Dynamic Input-Output/System Dynamics Modeling for Ecological-Economic System Analysis," Post-Print hal-02862512, HAL.
    4. Korhonen, Jouni & Snäkin, Juha-Pekka, 2015. "Quantifying the relationship of resilience and eco-efficiency in complex adaptive energy systems," Ecological Economics, Elsevier, vol. 120(C), pages 83-92.
    5. Takuro Uehara & Mateo Cordier & Bertrand Hamaide, 2018. "Fully Dynamic Input-Output/System Dynamics Modeling for Ecological-Economic System Analysis," Sustainability, MDPI, vol. 10(6), pages 1-22, May.
    6. Cordier, Mateo & Uehara, Takuro & Weih, Jeffrey & Hamaide, Bertrand, 2017. "An Input-output Economic Model Integrated Within a System Dynamics Ecological Model: Feedback Loop Methodology Applied to Fish Nursery Restoration," Ecological Economics, Elsevier, vol. 140(C), pages 46-57.
    7. Takuro Uehara & Mateo Cordier & Bertrand Hamaide, 2018. "Fully dynamic input-output/system dynamics modeling for ecological-economic system analysis," ULB Institutional Repository 2013/277116, ULB -- Universite Libre de Bruxelles.
    8. Mateo Cordier & Takuro Uehara & Jeffrey Weih & Bertrand Hamaide, 2017. "An Input-output Economic Model Integrated Within a System Dynamics Ecological Model: Feedback Loop Methodology Applied to Fish Nursery Restoration," Post-Print hal-04166569, HAL.
    9. Takuro Uehara & Yoko Nagase & Wayne Wakeland, 2016. "Integrating Economics and System Dynamics Approaches for Modelling an Ecological–Economic System," Systems Research and Behavioral Science, Wiley Blackwell, vol. 33(4), pages 515-531, July.
    10. Qianqian Huang & Benhong Peng & Guo Wei & Anxia Wan, 2021. "Dynamic assessment and early warning of ecological security: a case study of the Yangtze river urban agglomeration," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 107(3), pages 2441-2461, July.

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