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Keyword: general equilibrium

Description of the General Equilibrium Model of Ecosystem Services (GEMES)

Publications Posted on: March 22, 2017
This paper serves as documentation for the General Equilibrium Model of Ecosystem Services (GEMES). GEMES is a regional computable general equilibrium model that is composed of values derived from natural capital and ecosystem services. It models households, producing sectors, and governments, linked to one another through commodity and factor markets.

General equilibrium model of ecosystem services (GEMES)

Projects Posted on: April 27, 2015
GEMES is a coupled economic and ecological model of ecosystem services capable of measuring damages from environmental change and estimating benefits of environmental policy.

A general equilibrium model of ecosystem services in a river basin

Publications Posted on: September 11, 2014
This study builds a general equilibrium model of ecosystem services, with sectors of the economy competing for use of the environment. The model recognizes that production processes in the real world require a combination of natural and human inputs, and understanding the value of these inputs and their competing uses is necessary when considering policies of resource conservation.

Degradation and damages from utilizing ecosystem services in a river basin

Publications Posted on: October 01, 2012
We examine the tradeoffs between utilizing multiple ecosystem services in an economic model of the Lower Mississippi-Atchafalaya River Basin. We show how economic development in the basin degraded the ecosystem, but diversified the economy. A degraded ecosystem and more employment opportunities elsewhere reduced the region's reliance on agriculture and other resource-related industries such as fishing.