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Economic And Social Importance Of Ecosystem Services: A Review Of Research Agenda Importancia Economica Y Social De Los Servicios De Los Ecosistemas: Una Revision De La Agenda De Investigacion

Author

Listed:
  • Maria Guadalupe Oropeza Cortes
  • Jose Isabel Urciaga Garcia
  • German Ponce Diaz

Abstract

50 years ago ecosystem services were invisible to the economic and social analysis. Their contribution to the economic system and the human life in general was unkown. Now, thanks to the work of many researchers the subject is studied from a multidisciplinary approach, ecology and economics blend to recognize and estimate the contribution of ecosystem services and the importance of their conservation. Therefore, a comprehensive theoretical review of the topic was conducted to reléase the importance of the ecosystem services to the economic and social systems, always have contributed to the human welfare, provide food, water, fuel, medicines, regulation of air, among other, however less, once considered as the environmental godos and services were infinite, their use was intensive and produce the degradation of the environment in critical levels, therefore currently the research focuses in policies and conservation strategies which ensure their regeneration and perdurability. Was found the natural capital is fundamental both the economic system and social system, would not exist without him, the natural capital contributes with multiple benefits direct and indirect that support human welfare.

Suggested Citation

  • Maria Guadalupe Oropeza Cortes & Jose Isabel Urciaga Garcia & German Ponce Diaz, 2015. "Economic And Social Importance Of Ecosystem Services: A Review Of Research Agenda Importancia Economica Y Social De Los Servicios De Los Ecosistemas: Una Revision De La Agenda De Investigacion," Revista Global de Negocios, The Institute for Business and Finance Research, vol. 3(2), pages 103-113.
  • Handle: RePEc:ibf:rgnego:v:3:y:2015:i:2:p:103-113
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    References listed on IDEAS

    as
    1. Braat, Leon C. & de Groot, Rudolf, 2012. "The ecosystem services agenda:bridging the worlds of natural science and economics, conservation and development, and public and private policy," Ecosystem Services, Elsevier, vol. 1(1), pages 4-15.
    2. Edward Barbier, 2011. "The policy challenges for green economy and sustainable economic development," Natural Resources Forum, Blackwell Publishing, vol. 35(3), pages 233-245, August.
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    More about this item

    Keywords

    Ecosystem and Their Services; Economic and Social Assessment; Conservation; Economic System Human Welfare;
    All these keywords.

    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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