Document Detail

Incorporating natural capital into economy-wide impact analysis: a case study from Alberta.
MedLine Citation:
PMID:  12859004     Owner:  NLM     Status:  MEDLINE    
Traditionally, decision-makers have relied on economic impact estimates derived from conventional economy-wide models. Conventional models lack the environmental linkages necessary for examining environmental stewardship and economic sustainability, and in particular the ability to assess the impact of policies on natural capital. This study investigates environmentally extended economic impact estimation on a regional scale using a case study region in the province of Alberta known as the Foothills Model Forest (FMF). Conventional economic impact models are environmentally extended in pursuit of enhancing policy analysis and local decision-making. It is found that the flexibility of the computable general equilibrium (CGE) modeling approach offers potential for environmental extension, with a solid grounding in economic theory. The CGE approach may be the tool of the future for more complete integrated environment and economic impact assessment.
Mike N Patriquin; Janaki R R Alavalapati; Wiktor L Adamowicz; William A White
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Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Environmental monitoring and assessment     Volume:  86     ISSN:  0167-6369     ISO Abbreviation:  Environ Monit Assess     Publication Date:    2003 Jul-Aug
Date Detail:
Created Date:  2003-07-15     Completed Date:  2003-10-17     Revised Date:  2009-05-11    
Medline Journal Info:
Nlm Unique ID:  8508350     Medline TA:  Environ Monit Assess     Country:  Netherlands    
Other Details:
Languages:  eng     Pagination:  149-69     Citation Subset:  IM    
Canadian Forest Service, Northern Forestry Centre, St. Edmonton, Alberta, Canada.
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MeSH Terms
Conservation of Natural Resources / economics*
Decision Making*
Models, Economic*
Policy Making

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