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Barbier, Edward B.; Strand, Ivar E.; Sathirathai, Suthawan

doi:10.1023/a:1015129502284

Cited by 99 publications

(25 citation statements)

References 17 publications

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“…Beginning with [5], studies have shown that the values estimated for improved coastal and marine habitat quality for fisheries, whether through protection of the nursery and breeding habitat service of coastal wetlands or reduction of nutrient pollution, vary with open access versus optimal management conditions [5][6][7][8]. Other studies have pointed to the influence of market structure and the regulatory environment on fisheries that are threatened by disease and other more general environmental risks [9,10].…”

Section: Introductionmentioning

confidence: 99%

Valuing Coastal Habitat–Fishery Linkages under Regulated Open Access

Barbier

2019

Water

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This paper explores how regulation of an open access fishery influences the value of a coastal habitat that serves as breeding and nursery grounds. A model of the fishery supported by a coastal wetland is developed, which includes a quota rule that restricts harvest to a fixed proportion of the current stock. The model is applied to mangrove-dependent shellfish and demersal fisheries in Thailand. The value of the welfare effects associated with a change in a supporting coastal habitat is influenced significantly by whether or not the regulatory quota can adjust in response to these changes. Welfare losses are considerably higher when the quota is fixed as opposed to when it can be adjusted. With the restriction in place, effort cannot change to offset the decline in biomass, and as a result, there is a much larger fall in harvest. In addition, the welfare losses are much larger for the shellfish compared to the demersal fisheries. The analysis illustrates that imposing a regulatory rule on an open access fishery has important implications for valuing any linkage between coastal breeding and nursery habitat and a near-shore fishery.

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Section: Introductionmentioning

confidence: 99%

Valuing Coastal Habitat–Fishery Linkages under Regulated Open Access

Barbier

2019

Water

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“…Almost studies assessed economic value in term of direct use, indirect use and non-use value and evaluated value by using market value or willingness to pay. The economic value of mangrove forest was estimated as a total value that could not be classified on the mangrove ecosystem functions and services (Sathirathai, 1998;Sathirathai & Edward, 2001;Edward et al, 2002;Seenprachawong, 2002;Islam & Ikejima, 2010;Janekarnkij, 2010).…”

Section: Introductionmentioning

confidence: 99%

The Economic Value of Laem Phak Bia Mangrove Ecosystem Services in Phetchaburi Province, Thailand

Wiwatthanapornchai¹,

Piputsitee²,

Boonyawat³

2014

MAS

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Thailand is a one of the nation in Southeast Asia, covered by numerous mangrove areas approximately 244,000 hectares. Phetchaburi province is the one of the province in Thailand where the mangrove area has been increasing continually since King's Royally Initiated Laem Phak Bia Environmental Research and Development Project has been set up. The mangrove ecosystems functions are vital to the livelihood of the surrounding community. Laem Phak Bia community is one that has been served from mangrove ecosystem services. This study assessed the economic value of Laem Phak Bia mangrove ecosystem services in an area approximately 237.44 hectares using Participatory Economic Valuation (PEV) by the villagers ranking and rating the importance of mangrove ecosystem services with a valuable thing for living that is the rice value. The results showed that this mangrove area was worth a total economic value about 100 million Baht per year or 424 thousand Baht per hectares per year. It could be divided into the value of regulation functions, production functions, habitat functions and information functions, which were about 38, 8, 25, and 29 million Baht per year, respectively.

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“…Valuing habitats is not a new endeavor, and previous studies have focused on assigning value to a habitat's role in the "production" of a marketable commodity, such as commercially harvested fish (Lynne et al 1981;Freeman 1991;Barbier 2000Barbier , 2007Barbier et al 2002). An important finding is how the management institution, such as open-access, common property, or sole ownership, affects the value of the services provided by the habitat (Freeman 1991;Barbier et al 2002).…”

Section: Introductionmentioning

confidence: 99%

“…An important finding is how the management institution, such as open-access, common property, or sole ownership, affects the value of the services provided by the habitat (Freeman 1991;Barbier et al 2002). For example, under open-access conditions where the returns to the fishery are dissipated in equilibrium, the value of the fishery with or without mangroves is equal to zero in equilibrium.…”

Section: Introductionmentioning

confidence: 99%

Mapping ecosystem functions to the valuation of ecosystem services: implications of species–habitat associations for coastal land-use decisions

Sanchirico

Mumby

2009

Theor Ecol

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Habitats and the ecosystem services they provide are part of the world's portfolio of natural capital assets. Like many components of this portfolio, it is difficult to assess the full economic value of these services, which tends to over-emphasize the value of extractive activities such as coastal development. Building on recent ecological studies of species-habitat linkages, we use a bioeconomic model to value multiple types of habitats as natural capital, using mangroves, sea grass, and coral reefs as our model system. We show how key ecological variables and processes, including obligate and facultative behaviors map into habitat values and how the valuation of these ecological processes can inform decisions regarding coastal development (habitat clearing). Our stylized modeling framework also provides a clear and concise road map for researchers interested in understanding how to make the link between ecosystem function, ecosystem service, and conservation policy decisions. Our findings also highlight the importance of additional ecological research into how species utilize habitats and that this research is not just important for ecological science, but it can and will influence ecosystem service values that, in turn, will impact coastal land-use decisions. While refining valuation methods is not necessarily going to lead to more rational coastal landuse decisions, it will improve our understanding on the ecological-economic mechanisms that contribute to the value of our natural capital assets.

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Cited by 99 publications

References 17 publications

Valuing Coastal Habitat–Fishery Linkages under Regulated Open Access

Valuing Coastal Habitat–Fishery Linkages under Regulated Open Access

The Economic Value of Laem Phak Bia Mangrove Ecosystem Services in Phetchaburi Province, Thailand

Mapping ecosystem functions to the valuation of ecosystem services: implications of species–habitat associations for coastal land-use decisions

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