The impact of marine pollution on the probability of business failure: A case study of the Mar Menor lagoon

Maté‐Sánchez‐Val, Mariluz; Aparicio-Serrano, Genoveva

doi:10.1016/j.jenvman.2023.117381

Cited by 12 publications

(5 citation statements)

References 40 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…One approach has been to compare Social Security registrations in Mar Menor municipalities with those of neighboring municipalities, but this approach fails to obtain robust or statistically significant findings 42 . A very recent approach calculates the probability of a business failure in the Mar Menor surroundings associated with an increase in the concentration of chlorophyll, showing clearly that there are winners and losers by sector, with a decrease in the probability of failure in the Agricultural and Transport sectors, but a substantial increase in Industry and Building, Financial and Real Estate, Major and Minor trade, and Accommodation 43 . Another approach uses surveys to measure the willingness to pay for clean waters, but the obtained values are too low to support any cost–benefit analysis of restoration policies 44 .…”

Section: Resultsmentioning

confidence: 99%

“…We quantify what people are actually paying to enjoy the Mar Menor’s ecosystem. If walking down the shore of Mar Menor is less enjoyable than it was before, if there are fewer bars and restaurants, or if the fishing activities are less productive, not to mention the health impacts, people may be less willing to live there and or rent/buy a holiday house there 43 . Against this backdrop, house prices provide a good indication of the quality of life in a neighborhood as has been shown in the theoretical and empirical economic literature 46 , 47 .…”

Section: Resultsmentioning

confidence: 99%

See 1 more Smart Citation

Impact of climate risk materialization and ecological deterioration on house prices in Mar Menor, Spain

Rodríguez

Lorenzo

Magro

et al. 2023

Sci Rep

View full text Add to dashboard Cite

The frequency and severity of extreme events related to climate change have intensified worldwide in the last decades. It is documented that increasing extreme rainfall and flooding cause more nutrient runoff into waterbodies, initiating numerous harmful algal bloom (HAB) events, especially in fragile ecosystems. We analyze the dramatic economic damage of one of these episodes in Mar Menor, the largest salt-water lagoon in Europe. We show that when the public perceived the severity of environmental degradation, the return on housing investment was 43% lower in the surroundings than in similar neighboring zones 6 years after the HAB (2015). This represents a loss in housing wealth of more than 4000 million euros, around ten times the gains of changing from dry-farming to irrigated crops, which makes this ecosystem fragile. Hence, we quantify some of the economic consequences of ecological deterioration linked to episodes of Global Climate Change.

show abstract

Section: Resultsmentioning

confidence: 99%

Section: Resultsmentioning

confidence: 99%

Impact of climate risk materialization and ecological deterioration on house prices in Mar Menor, Spain

Rodríguez

Lorenzo

Magro

et al. 2023

Sci Rep

View full text Add to dashboard Cite

show abstract

“…The Segura River Basin (SRB), located in the southeast of the Iberian Peninsula, is representative of Mediterranean agriculture and serves as an emblematic example of a mature water economy and basin closure [11]. This semi-arid region has undergone a substantial transformation since the 1970s, marked by a significant expansion in tourism and irrigated agriculture [12,13]. This has resulted in a rise in water demand, exceeding the available water resources and leading to a structural water deficit characterised by a trend towards unsustainability (decline in the water level, environmental damage, and impairment of water quality) [3,14].…”

Section: Introductionmentioning

confidence: 99%

“…GW* (in Campo de Cartagena) includes groundwater from strategic wells only used during drought periods and water from water rights exchanges. Note 2: (1)1 Librilla WWTP; 2 Torrevieja SWDP;3 Abarán WWTP;4 Molina Norte WWTP;5 Torrevieja SWDP;6 Lorca WWTP;7 Águilas and Torrevieja SWDPs;8 Fuente Álamo, La Aljorra, Torre-Pacheco, Balsicas-Roldán, Los Alcázares, San Javier and San Pedro del Pinatar WWTPs;9 Escombreras and Torrevieja SWDPs; 10 Torres de Cotillas WWTP;11 Torrevieja SWDP;12 Pliego WWTP;13 Molina Norte WWTP;14 Torrevieja SWDP. Source: Own elaboration.…”

mentioning

confidence: 99%

Are Non-Conventional Water Resources the Solution for the Structural Water Deficit in Mediterranean Agriculture? The Case of the Segura River Basin in Spain

Gómez-Ramos,

Blanco-Gutiérrez,

Ballesteros-Olza

et al. 2024

Water

View full text Add to dashboard Cite

The water sustainability of the Segura River Basin (SRB), located in southeastern Spain, is being challenged as conventional available water sources fall short of meeting the authorised demands of the basin. In recent years, non-conventional water (NCW), such as desalinated and reclaimed water, has become part of the resource pool. However, it has not yet become crucial for irrigation water supply due to its relatively high cost and lower quality compared to conventional water. The new political framework in Spain, developed in the context of ecological transition, marks a notable shift for non-conventional water as a strategic resource for agriculture. This study examines the drivers and barriers influencing its acceptance through an analysis of farmers’ perceptions, conducted through interviews with twelve irrigation communities’ (ICs) representatives of the basin. Discriminant analyses of the data show that the farmers’ experience, along with factors pertaining to production, storage, and transportation costs, determines the acceptance and use of NCW.

show abstract

“…The Mar Menor (MM) is a salt coastal lagoon that has suffered algal blooms with massive mortalities in recent years due to the nutrient loads from its catchment area [26]. This coastal area has been in a critical ecological condition since 1980, when intensive irrigation agriculture expanded to the surroundings of this salted lagoon [27]. This is a clear example of a singular natural ecosystem threatened by human activities [28], as it is happening in many lakes and lagoons worldwide.…”

Section: Introductionmentioning

confidence: 99%

Understanding Nutrient Loads from Catchment and Eutrophication in a Salt Lagoon: The Mar Menor Case

Pérez-Martín

2023

Water

View full text Add to dashboard Cite

Eutrophication is a significant threat to aquatic ecosystems worldwide, and the Mar Menor hypersaline lagoon exemplifies a coastal lagoon at risk of algal blooms due to excessive nutrient loads, nitrogen, and phosphorus. These nutrients originate from various sources within the lagoon’s catchment area, including urban, agricultural, and livestock activities. Regular and occasional loads—during flood events—produce algal blooms that can significantly reduce the water oxygen content and cause massive mortalities, as observed in recent years. A daily algal growth model (Mmag) was developed to better understand the processes and determine key elements such as the phosphorus water–sediment interchange and deep water plants that effect the entire ecosystem and algal growth. The analysis developed can be applied in other wetlands around the world facing similar challenges. In the Mar Menor, both nitrogen and phosphorus have high relevance depending on the period of the year and the phosphorus legacy in the sediments. Floods are the main phosphorus input to the lagoon (80–90%), which goes to the sediment and is released after during the warm months in the following years. At the end of summer, phosphorus released from the sediment and the regular nitrate inputs to the lagoon increase the algal bloom risk. The good status of deep water plants, which reduces the phosphorus release in summer, is a key element to reduce the algal bloom risk. An integrated set of measures is required to reduce the mean chlorophyll to levels under 1 or 0.5 µgChla/L that can make the Mar Menor more robust and resilient.

show abstract

The impact of marine pollution on the probability of business failure: A case study of the Mar Menor lagoon

Cited by 12 publications

References 40 publications

Impact of climate risk materialization and ecological deterioration on house prices in Mar Menor, Spain

Impact of climate risk materialization and ecological deterioration on house prices in Mar Menor, Spain

Are Non-Conventional Water Resources the Solution for the Structural Water Deficit in Mediterranean Agriculture? The Case of the Segura River Basin in Spain

Understanding Nutrient Loads from Catchment and Eutrophication in a Salt Lagoon: The Mar Menor Case

Contact Info

Product

Resources

About