Cold water coral ecosystems and their biodiversity: a review of their economic and social value
AbstractDespite the growing scientific literature on cold-water corals (CWC) there appears to be no research of an economic nature applied to the resource. This paper presents an overview of the goods and services of CWC and their associated biodiversity. Use and non-use values associated with CWC are presented, and the methods relevant for assessing their valuation are discussed. The impact of human induced disturbance on CWC is reviewed, in order to indicate how knowledge of CWC values can be used by policy makers in the management of CWC as a habitat and vehicle for biodiversity.
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Bibliographic InfoPaper provided by National University of Ireland Galway, Department of Economics in its series Working Papers with number 0131.
Date of creation: 2008
Date of revision: 2008
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Postal: St. Anthony's College, Newcastle Road, Galway
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Web page: http://economics.nuigalway.ie
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cold-water coral; goods and services; total economic value (TEV); resilience; biodiversity;
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