Abstract
The physical output of ecological processes have different values even though they may be measured in the same physical units. Using linear input-output theory, we derive a set of weights based on direct and indirect energy requirements for ecosystem commodities which uniquely converts them into commensurable unit costs. Under certain conditions, these costs are equal to values or prices. Using this system, behavioral theories can be better posed for experimental verification.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 391-401 |
| Number of pages | 11 |
| Journal | Journal of Environmental Economics and Management |
| Volume | 13 |
| Issue number | 4 |
| DOIs | |
| State | Published - Dec 1986 |
ASJC Scopus subject areas
- Economics and Econometrics
- Management, Monitoring, Policy and Law
Fingerprint
Dive into the research topics of 'Measures of energy cost and value in ecosystems'. Together they form a unique fingerprint.Cite this
- APA
- Standard
- Harvard
- Vancouver
- Author
- BIBTEX
- RIS