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Sustainability 2011, 3(10), 1688-1722; doi:10.3390/su3101688
Article

Inserting Ecological Detail into Economic Analysis: Agricultural Nutrient Loading of an Estuary Fishery

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Received: 5 August 2011; Accepted: 7 September 2011 / Published: 30 September 2011
(This article belongs to the Special Issue Environmental and Resource Economics)
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Abstract: Linked general equilibrium economic and ecological models are connected through agricultural runoff and the fisheries. They are applied to a North Carolina estuary in which agricultural runoff alters phytoplankton densities and the resulting hypoxia leads to diminished fisheries. The effects of hypoxia on multiple species across space are analyzed and the joint economic and ecosystem wide response to a policy of reduced runoff is quantified. The approach provides an assessment of changes in ecological welfare (in terms of species populations) and economic welfare (in terms of equivalent variations) following reductions in runoff.
Keywords: general equilibrium; ecosystem; welfare; nutrient loading general equilibrium; ecosystem; welfare; nutrient loading
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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MDPI and ACS Style

Finnoff, D.; Tschirhart, J. Inserting Ecological Detail into Economic Analysis: Agricultural Nutrient Loading of an Estuary Fishery. Sustainability 2011, 3, 1688-1722.

AMA Style

Finnoff D, Tschirhart J. Inserting Ecological Detail into Economic Analysis: Agricultural Nutrient Loading of an Estuary Fishery. Sustainability. 2011; 3(10):1688-1722.

Chicago/Turabian Style

Finnoff, David; Tschirhart, John. 2011. "Inserting Ecological Detail into Economic Analysis: Agricultural Nutrient Loading of an Estuary Fishery." Sustainability 3, no. 10: 1688-1722.


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