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Full Title
ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT
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Publisher
FrancoAngeli
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ISSN
2280-7659 (Printed Journal)
2280-7667 (Online Journal)
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Journal Issue Number
3
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Journal Issue Designation
3
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Journal Issue Date (YYYY/MM)
2014/02
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Full Title
Nautical tourism, carrying capac ity and environmental externality in a protected Lagoon of Northern Adriatic Sea
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By (author)
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First Page
145
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Last Page
180
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Language of text
English
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Publication Date
2014/02
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Copyright
2013 FrancoAngeli srl
Introduction or preface
Tourism and environmental preservation are often conflicting activities, mainly in coastal lagoons, where seaside mass-tourism comes into contact with a very sensitive ecological system. In this paper we deal with a classical problem of both environmental and tourism economics, the internalization of environmental costs of tourism, focusing on the nautical fruition of the Lagoon of Marano and Grado (North-Eastern Italy, Friuli Venezia Giulia Region). Using different instruments, both theoretical (Carrying Capacity framework, Polluter-Payer principle, Coase compensation) and empirical (Log-log regression, Forecasting model, CBA with defensive expenditures and actual market values), we ascertained the result that - given the current nautical berths endowment - a standard Coase equilibrium (unit external cost equal to unit private benefit) does not hold, and a higher number of vessels transiting in the Lagoon is more effective than a tempered fruition for nature conservation. Another interesting result is that the best available solution to internalize environmental externality is a mixed one, combining a command and control rule (a speed-limit prescription) with a Coasian compensation scheme. All the technical theoretical and empirical derivations are reported in Appendix A (Pressure Parameter Calculation), Appendix B (Benefit and Cost Calculation), and Appendix C (Data set and Econometric Tests).
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10.3280/EFE2013-003006
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