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Recreational, Cultural and Aesthetic Services from Estuarine and Coastal Ecosystems

Author

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  • Ghermandi, Andrea
  • Nunes, Paulo A.L.D.
  • Portela, Rosimeiry
  • Rao, Nalini
  • Teelucksingh, Sonja S.

Abstract

The role of economic analysis in guiding the sustainable development of estuarine and coastal ecosystems is investigated based on a comprehensive review of the literature on the valuation of the recreation, cultural and aesthetic services. The implications of the findings for the sustainable management of coral reefs, Marine Protected Areas, and Small Island Developing States are discussed. Finally, the potential of meta-analytical benefit transfer and scaling up of values at various aggregation levels is demonstrated in the context of coastal tourism and recreation in Europe. The results of the study support the conclusion that the non-material values provided by coastal and estuarine ecosystems in terms of recreational, cultural and aesthetic services represent a substantial component of human well-being.

Suggested Citation

  • Ghermandi, Andrea & Nunes, Paulo A.L.D. & Portela, Rosimeiry & Rao, Nalini & Teelucksingh, Sonja S., 2009. "Recreational, Cultural and Aesthetic Services from Estuarine and Coastal Ecosystems," Sustainable Development Papers 56214, Fondazione Eni Enrico Mattei (FEEM).
    • Handle: RePEc:ags:feemdp:56214
    DOI: 10.22004/ag.econ.56214
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    Cited by:

    1. Latinopoulos, Dionysis, 2018. "Using a spatial hedonic analysis to evaluate the effect of sea view on hotel prices," Tourism Management, Elsevier, vol. 65(C), pages 87-99.

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    Keywords

    Environmental Economics and Policy;

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