Saving Unique Ecosystems by the Use of Economic Methods and Instruments : Is this possible?
Since the 1990s flood risk and the effects of flooding episodes have reemerged as an important natural hazard concern in central and northern Europe. These concerns have also been exacerbated as a result of widespread and increasing awareness of global climate change, and significant wetland loss due to rising sea levels. Global climate change and wetland loss are expected to increase the frequency and extent of floods in the future (Nichols et al., 1999). These floods are expected to cause significant changes in the current land use and population patterns. Contrary to floods of the past centuries, recent European floods have milder effects in terms of loss of human life. Nevertheless the economic costs of flooding are rapidly increasing as a result of increased costs of damages to infrastructure and production in primary, secondary and tertiary sectors, and disruptions to transport. The estimated costs of the damages of the floods of 1997 and 2001 are in the region of one billion USD for Poland, and 250 million USD, for the surrounding countries (Brakenridge et al, 1997, 2001). As a consequence of the increasing economic and social costs of floods, European governments have taken a more involved approach in flood risk reduction.
|Date of creation:||2009|
|Date of revision:|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D., 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304, June.
- Nick Hanley & Robert Wright & Vic Adamowicz, 1998. "Using Choice Experiments to Value the Environment," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 11(3), pages 413-428, April.
- Carlsson, Fredrik & Frykblom, Peter & Liljenstolpe, Carolina, 2003. "Valuing wetland attributes: an application of choice experiments," Ecological Economics, Elsevier, vol. 47(1), pages 95-103, November.
- K. K. Lancaster, 2010. "A New Approach to Consumer Theory," Levine's Working Paper Archive 1385, David K. Levine.
- Brouwer, Roy & van Ek, Remco, 2004. "Integrated ecological, economic and social impact assessment of alternative flood control policies in the Netherlands," Ecological Economics, Elsevier, vol. 50(1-2), pages 1-21, September.
- Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:38277. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.