RESILIENCE IN THE DYNAMICS OF ECONOMY-ENVIRONMENT SYSTEMS

Authors
Citation
C. Perrings, RESILIENCE IN THE DYNAMICS OF ECONOMY-ENVIRONMENT SYSTEMS, Environmental & resource economics, 11(3-4), 1998, pp. 503-520
Citations number
70
Categorie Soggetti
Economics,"Environmental Studies
ISSN journal
09246460
Volume
11
Issue
3-4
Year of publication
1998
Pages
503 - 520
Database
ISI
SICI code
0924-6460(1998)11:3-4<503:RITDOE>2.0.ZU;2-P
Abstract
The ecological concept of resilience has begun to inform analysis of c hange in economy-environment systems. The linkages between resilience and the stability of dynamical systems are discussed, along with its r ole in understanding of the evolution of such systems. Particular link ages discussed include those between resilience, biodiversity and the sustainability of alternative states. Recent developments in modelling the resilience of joint economy-environment systems suggest the advan tages of analysing change in the system as a Markov process, the trans ition probabilities between states offering a natural measure of the r esilience of the system in such states. It is argued that this 'emerge nt property' of the collaboration between ecology and economics has fa r-reaching implications for the way we think about, model and manage t he environmental sustainability of economic development.