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Resilience in the Dynamics of Economy-Environment Systems

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Author Info
Charles Perrings ()
Abstract

The ecological concept of resilience has begun to inform analysis of change in economy-environment systems. The linkages between resilience and the stability of dynamical systems are discussed, along with its role in understanding of the evolution of such systems. Particular linkages discussed include those between resilience, biodiversity and the sustainability of alternative states. Recent developments in modelling the resilience of joint economy-environment systems suggest the advantages of analysing change in the system as a Markov process, the transition probabilities between states offering a natural measure of the resilience of the system in such states. It is argued that this ‘emergent property’ of the collaboration between ecology and economics has far-reaching implications for the way we think about, model and manage the environmental sustainability of economic development. Copyright Kluwer Academic Publishers 1998

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File URL: http://hdl.handle.net/10.1023/A:1008255614276
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Publisher Info
Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 11 (1998)
Issue (Month): 3 (April)
Pages: 503-520
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Handle: RePEc:kap:enreec:v:11:y:1998:i:3:p:503-520

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Web page: http://www.springerlink.com/link.asp?id=100263

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Keywords: biodiversity; dynamics; resilience; stability;

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References listed on IDEAS
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  1. Amir, Shmuel, 1994. "The role of thermodynamics in the study of economic and ecological systems," Ecological Economics, Elsevier, vol. 10(2), pages 125-142, July. [Downloadable!] (restricted)
  2. Munro, A. & Sugden, R., 1998. "A Theory of General Equilibrium with Reference-Dependent Preferences," University of East Anglia - Economics Research Centre 9803, Economics Research Centre, University of East Anglia, School of Economics and Social Studies.
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  7. Common, Mick & Perrings, Charles, 1992. "Towards an ecological economics of sustainability," Ecological Economics, Elsevier, vol. 6(1), pages 7-34, July. [Downloadable!] (restricted)
  8. Tversky, Amos & Kahneman, Daniel, 1991. "Loss Aversion in Riskless Choice: A Reference-Dependent Model," The Quarterly Journal of Economics, MIT Press, vol. 106(4), pages 1039-61, November. [Downloadable!] (restricted)
  9. Arrow, Kenneth & Bolin, Bert & Costanza, Robert & Dasgupta, Partha & Folke, Carl & Holling, C.S. & Jansson, Bengt-Owe & Levin, Simon & M?ler, Karl-G?ran & Perrings, Charles & Pimentel, David, 1996. "Economic growth, carrying capacity, and the environment," Environment and Development Economics, Cambridge University Press, vol. 1(01), pages 104-110, February. [Downloadable!]
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  10. Bateman, Ian J, et al, 1997. "A Test of the Theory of Reference-Dependent Preferences," The Quarterly Journal of Economics, MIT Press, vol. 112(2), pages 479-505, May.
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  1. Lucia Vergano & Paulo A.L.D. Nunes, 2006. "Analysis and Evaluation of Ecosystem Resilience: An Economic Perspective," Working Papers 2006.25, Fondazione Eni Enrico Mattei. [Downloadable!]
  2. Velasco Morente, Francisco & Nadal Morales, Purificación & González Abril, Luis & Ortega Ramírez, Juan Antonio, 2009. "Bifurcaciones de codimensión 2 en un modelo dinámico del mercado potencial y actual: aplicación al mercado cervecero español = Bifurcations of Codimension 2 in a Dynamical Model of Current and Pot," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 7(1), pages 77-94, June. [Downloadable!]
  3. C. Martijn van der Heide & Jeroen C.J.M. van den Bergh & Ekko C. van Ierland, 1999. "Globalisation and Nature Policy: An Integrated Environmental-Economic Framework," Tinbergen Institute Discussion Papers 99-090/3, Tinbergen Institute. [Downloadable!]
  4. Aura Reggiani & Thomas de Graaff & Peter Nijkamp, 2001. "Resilience: An Evolutionary Approach to Spatial Economic Systems," Tinbergen Institute Discussion Papers 01-100/3, Tinbergen Institute. [Downloadable!]
  5. Oliver Fromm, 2000. "Ecological Structure and Functions of Biodiversity as Elements of Its Total Economic Value," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 16(3), pages 303-328, July. [Downloadable!] (restricted)
  6. Ranjan, Ram & Evans, Edward, 2004. "Private Responses to Public Incentives for Invasive Species Management," Working Papers 15645, University of Florida, International Agricultural Trade and Policy Center. [Downloadable!]
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  7. Anke Leroux & John Creedy, 2005. "Optimal Land Conversion And Growth With Uncertain Biodiversity Costs," Department of Economics - Working Papers Series 957, The University of Melbourne. [Downloadable!]
    Other versions:
  8. Anke D. Wurzbacher, 2004. "Dynamic Ecological Constraints to Economic Growth," Department of Economics - Working Papers Series 909, The University of Melbourne. [Downloadable!]
  9. Batabyal, Amit & Biswas, Basudeb & Godfrey, Bruce, 2003. "A Dynamic And Stochastic Perspective On The Role Of Time In Range Management," 2003 Annual meeting, July 27-30, Montreal, Canada 22149, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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