Recreational, Cultural and Aesthetic Services from Estuarine and Coastal Ecosystems

67 Pages Posted: 10 Jan 2010

See all articles by Andrea Ghermandi

Andrea Ghermandi

School for Advanced Studies in Venice Foundation

Paulo A. L. D. Nunes

University of Padova - Dipartimento Territorio e Sistemi Agro Forestali (TeSAF)

Rosimeiry Portela

Conservation International, Center for Applied Biodiversity Science

Rao Nalini

Conservation International, Center for Applied Biodiversity Science

Sonja S. Teelucksingh

Fondazione Eni Enrico Mattei

Date Written: January 7, 2010

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.

Keywords: Aesthetic Values, Coastal Recreation, Coral Reefs, Cultural Values, Ecosystem Services Valuation, Ecosystem Services, Estuarine Ecosystems, Marine Protected Areas, Non-market Valuation, Non-use Values, Passive Values, Recreational Fishing, Small Island Developing States, Spiritual and Religious Valu

JEL Classification: Q20, Q26, Q57

Suggested Citation

Ghermandi, Andrea and Dias Nunes, Paulo Augusto and Portela, Rosimeiry and Nalini, Rao and Teelucksingh, Sonja S., Recreational, Cultural and Aesthetic Services from Estuarine and Coastal Ecosystems (January 7, 2010). FEEM Working Paper No. 121.2009, Available at SSRN: https://ssrn.com/abstract=1532803 or http://dx.doi.org/10.2139/ssrn.1532803

Andrea Ghermandi

School for Advanced Studies in Venice Foundation ( email )

Island of San Servolo
Venice, 30100
Italy

Paulo Augusto Dias Nunes (Contact Author)

University of Padova - Dipartimento Territorio e Sistemi Agro Forestali (TeSAF) ( email )

Legnaro, Padova 35020
Italy

Rosimeiry Portela

Conservation International, Center for Applied Biodiversity Science ( email )

2011 Crystal Drive
Arlinton, VA 22202
United States

Rao Nalini

Conservation International, Center for Applied Biodiversity Science ( email )

2011 Crystal Drive
Arlinton, VA 22202
United States

Sonja S. Teelucksingh

Fondazione Eni Enrico Mattei ( email )

Campo S. M. Formosa, Castello 5252
Venezia, 30122
Italy

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