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ICES Journal of Marine Science: Journal du Conseil Advance Access originally published online on May 13, 2008
ICES Journal of Marine Science: Journal du Conseil 2008 65(5):775-780; doi:10.1093/icesjms/fsn078
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© 2008 International Council for the Exploration of the Sea. Published by Oxford Journals. All rights reserved. For Permissions, please email: journals.permissions@oxfordjournals.org

Economic value of damage caused by marine bio-invasions: lessons from two European case studies

Paulo A. L. D. Nunes1 and Anil Markandya2

1 Department of Economics, University of Venice, Venice, Italy
2 Fondazione Eni Enrico Mattei, Palazzo Querini Stampalia, 30122 Venice, Italy

Correspondence to P. A. L. D. Nunes: tel: +39 041 271 14 00; fax: +39 041 2711 14 61; e-mail: paulo.nunes{at}feem.it

Nunes, P. A. L. D., and Markandya, A. 2008. Economic value of damage caused by marine bio-invasions: lessons from two European case studies. – ICES Journal of Marine Science, 65: 775–780.

We illustrate the use of alternative, non-market valuation methods to estimate the economic value of the social damage caused by marine bio-invasions. First, we present and discuss the motivation to perform an economic valuation of marine ecosystem quality in general and the protection of marine ecosystems against invasive species in particular. Second, we examine in detail two empirical applications of economic value assessment of social damage attributable to marine bio-invasions. One of these looks at ballast water management programmes in Rotterdam harbour, the Netherlands, and the second investigates management practices for the Manila clam in Venice Lagoon. Finally, we explore the relevance of this economic information for cost–benefit analysis and policy guidance.

Keywords: attribute-based valuation, contingent valuation, cost–benefit analysis, natural damage assessment, non-market valuation

Received 16 April 2007; accepted 4 April 2008; advance access publication 13 May 2008.


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