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Assessment potential economic impact of the environment in the Russian Federation

Abstract

Assessment potential economic impact of the environment in the Russian Federation

N.A. Strahova, S.A.Karmazin

Incoming article date: 18.09.2013

The paper presents national practice calculations of economic impacts used in environmental management. Direct and indirect cost economic impact assessment was considered. Particular attention is given to approaches of economic valuation of natural resources.

Keywords: economic impact, direct and indirect cost, risk assessment, replacement value, NPV