annotated bibliography of fisheries economics literature - Office of ...

King, Dennis M. (1991). "Wetland Creation and Restoration: An
Integrated Framework for Evaluating Costs, Expected Results and
Compensation Ratios." Report prepared by Chesapeake biological
Laboratory, Center for Environmental and Estuarine Studies,
University of Maryland System, Solomons, MD 20688-0038 for Kenneth
Adler, Office of Policy Planning and Evaluation, U.S.
Environmental Protection Agency, April, 79 pp.
The expected results of wetland restoration and creation projects, as
characterized in the proposed analytical framework, can be based on the
results of ongoing scientific and technical research. However, there has been
very little directed research to determine the availability and cost of the
resources required to carry out specific restoration tasks or reach certain
restoration targets. Since the proposed framework, and the evaluation of
wetland restoration and creation alternatives in general, require information
about both costs and performance, some new research priorities are required to
parallel ongoing scientific and technical research. These involve defining
the individual tasks that constitute creation and restoration projects,
determining the different ways of completing them, and estimating costs. Such
research, when combined with the results of scientific and technical research,
will contribute significantly to our understanding of both near term and long
term problems associated with wetland mitigation.
King, Dennis M. (1992). "Avoiding Another Taxpayer Bailout." National
Wetlands Newsletter, 14(1):11-12.
Wetland mitigation banking creates a competitive market for the
development of wetlands.
King, Dennis M. (1992). "The Economics of Ecological Restoration."
Chapter 19 in K.M. Ward and J.W. Duffield (eds.) Natural Resource
Damages: Law and Economics, John Wiley and Sons, New York.
The analytical framework developed in this chapter is designed to show
how much it costs to restore ecological functions; it is not intended to show
how much should be spent on restoration. Nonetheless, the framework can be
used to screen out clearly wasteful restoration efforts and to identify some
important economic trade offs involving changes in restoration costs and
resulting changes in lost ecosystem functions and values. It will become
apparent that when the expected speed and level of ecosystem recovery,
measured using indicators of structural or functional health, is used to
measure the relative success of a restoration effort, the framework provides a
reasonable basis for making decisions about appropriate, if not optimal,
levels of restoration.
King, Dennis M. (1992). "Justifying Sustainability: Some Basics of
Applied Ecological Economics." Paper presented at the Second
Conference of the International Society for Ecological Economics
(ISEE), Investing in Natural Capital, Sweden, August 3-6, 1992.
Draft report, Maryland International Institute for Ecological
Economics, University of Maryland, Center for Environmental and
Estuarine Studies, Solomons, Maryland.
The important challenges facing ecological economics are becoming less
ideological and more practical. Most world leaders are beginning to
understand that investing in natural capital is a prerequisite for
sustainability. What they need now is more information about ecological
economic linkages so they can reconcile the long term goal of sustainability
with near term economic needs.
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