English, Article, Journal or magazine article edition: What Drives Biodiversity? An Empirical Assessment of the Relation between Biodiversity and the Economy Andreas Freytag; Christoph Vietze; Wolfgang Völkl

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Bookmark: http://trove.nla.gov.au/version/672
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • What Drives Biodiversity? An Empirical Assessment of the Relation between Biodiversity and the Economy
Author
  • Andreas Freytag
  • Christoph Vietze
  • Wolfgang Völkl
Physical Description
  • preprint
Notes
  • The environmental discussion is increasingly extended to the question of how to preserve biodiversity. As sensible regulation of biodiversity utilization uses politically set incentive schemes, it is required to discus the monetary value of biodiversity. Consequently, the relation between economic incentives and biodiversity is in the focus of our paper. By using bird species as bio indicators we derive first empirical results. In sum, one still may conclude that indeed economic growth is harmful for biodiversity. This is at least in line with the first part of biodiversity Kuznets curve. However, the existence of good institutions (especially a high quality of regulation) can in part prevent this effect, which can be cautiously interpreted as a hint that economic growth is not necessarily related to losses of biodiversity. With good governmental institutions, these losses may be prevented or mitigated.
  • economic growth, institutions, development, biodiversity, cross country analysis
  • RePEc:jrp:jrpwrp:2009-025
Language
  • English
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