Evaluation Theory in Environmental Economics: Territorial Aspect

The desire to assess the value of natural resources led to the emergence of the evaluation theory in environmental economics. However, the lack of a systematic approach to the natural resources evaluation, as well as undefined assessment boundaries hinder the development of the such a theory, inclu...

Full description

Bibliographic Details
Main Authors: Vera Yurak, Margarita Ignatyeva, Irina Polyanskaya
Format: Article
Language:English
Published: Russian Academy of Sciences, Institute of Economics of the Ural Branch 2021-12-01
Series:Экономика региона
Subjects:
Online Access:https://economyofregions.org/ojs/index.php/er/article/view/75
_version_ 1797330927880241152
author Vera Yurak
Margarita Ignatyeva
Irina Polyanskaya
author_facet Vera Yurak
Margarita Ignatyeva
Irina Polyanskaya
author_sort Vera Yurak
collection DOAJ
description The desire to assess the value of natural resources led to the emergence of the evaluation theory in environmental economics. However, the lack of a systematic approach to the natural resources evaluation, as well as undefined assessment boundaries hinder the development of the such a theory, including the concepts of ecosystem services and total economic value. Based on the review of relevant scientific publications, the paper aims to analyse the evolution of the evaluation theory in environmental economics, as well as to reveal its general trends and phenomena. The methods of systematisation and content analysis were applied along with evolutionary and regional approaches. The example of the natural resources development in the northern regions was used to trace the evolution of the evaluation theory in Russia. A number of basic trends and phenomena in the development of the examined theory were identified. An axiological (subjective) value has been converging with an objective value of natural resources due to the integration of various assessment factors: 1) utilitarian (early 19th — mid-20th centuries); 2) utilitarian and social, utilitarian and ecological (mid-20th century — the turn of the 20th-21st centuries); 3) utilitarian, social and ecological in aggregate (early 21st century — present day). The evaluation object (territorial aspect) has also been expanded from local assessment to the assessment of the natural resource potential of regions and the world. The paper demonstrates that the evaluation theory in environmental economics, which now considers utilitarian, social and ecological aspects, will continue to develop by creating new paradigms, approaches, methods and techniques for assessing the value of nature resources in order to converge the axiological and objective values.
first_indexed 2024-03-08T07:27:18Z
format Article
id doaj.art-8c1e59e3d0f84968add7df6dcfe7b216
institution Directory Open Access Journal
issn 2072-6414
2411-1406
language English
last_indexed 2024-03-08T07:27:18Z
publishDate 2021-12-01
publisher Russian Academy of Sciences, Institute of Economics of the Ural Branch
record_format Article
series Экономика региона
spelling doaj.art-8c1e59e3d0f84968add7df6dcfe7b2162024-02-02T21:36:22ZengRussian Academy of Sciences, Institute of Economics of the Ural BranchЭкономика региона2072-64142411-14062021-12-0117410.17059/ekon.reg.2021-4-2Evaluation Theory in Environmental Economics: Territorial AspectVera Yurak0Margarita Ignatyeva1Irina Polyanskaya2Institute of Economics of the Ural Branch of RAS, Ekaterinburg, Russian FederationInstitute of Economics of the Ural Branch of RAS, Ekaterinburg, Russian FederationInstitute of Economics of the Ural Branch of RAS, Ekaterinburg, Russian Federation The desire to assess the value of natural resources led to the emergence of the evaluation theory in environmental economics. However, the lack of a systematic approach to the natural resources evaluation, as well as undefined assessment boundaries hinder the development of the such a theory, including the concepts of ecosystem services and total economic value. Based on the review of relevant scientific publications, the paper aims to analyse the evolution of the evaluation theory in environmental economics, as well as to reveal its general trends and phenomena. The methods of systematisation and content analysis were applied along with evolutionary and regional approaches. The example of the natural resources development in the northern regions was used to trace the evolution of the evaluation theory in Russia. A number of basic trends and phenomena in the development of the examined theory were identified. An axiological (subjective) value has been converging with an objective value of natural resources due to the integration of various assessment factors: 1) utilitarian (early 19th — mid-20th centuries); 2) utilitarian and social, utilitarian and ecological (mid-20th century — the turn of the 20th-21st centuries); 3) utilitarian, social and ecological in aggregate (early 21st century — present day). The evaluation object (territorial aspect) has also been expanded from local assessment to the assessment of the natural resource potential of regions and the world. The paper demonstrates that the evaluation theory in environmental economics, which now considers utilitarian, social and ecological aspects, will continue to develop by creating new paradigms, approaches, methods and techniques for assessing the value of nature resources in order to converge the axiological and objective values. https://economyofregions.org/ojs/index.php/er/article/view/75evaluation theory, value theory, ecosystem services, concept of total economic value, natural resources, natural conditions, natural goods, natural resource potential, environmental economics, sustainable development
spellingShingle Vera Yurak
Margarita Ignatyeva
Irina Polyanskaya
Evaluation Theory in Environmental Economics: Territorial Aspect
Экономика региона
evaluation theory, value theory, ecosystem services, concept of total economic value, natural resources, natural conditions, natural goods, natural resource potential, environmental economics, sustainable development
title Evaluation Theory in Environmental Economics: Territorial Aspect
title_full Evaluation Theory in Environmental Economics: Territorial Aspect
title_fullStr Evaluation Theory in Environmental Economics: Territorial Aspect
title_full_unstemmed Evaluation Theory in Environmental Economics: Territorial Aspect
title_short Evaluation Theory in Environmental Economics: Territorial Aspect
title_sort evaluation theory in environmental economics territorial aspect
topic evaluation theory, value theory, ecosystem services, concept of total economic value, natural resources, natural conditions, natural goods, natural resource potential, environmental economics, sustainable development
url https://economyofregions.org/ojs/index.php/er/article/view/75
work_keys_str_mv AT verayurak evaluationtheoryinenvironmentaleconomicsterritorialaspect
AT margaritaignatyeva evaluationtheoryinenvironmentaleconomicsterritorialaspect
AT irinapolyanskaya evaluationtheoryinenvironmentaleconomicsterritorialaspect