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Conference Agenda

Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:51:58am WEST

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Daily Overview

Session

Egg-Timer: Climate Change and Economic Development
Location: D-111
Session Chair: Francesco Pietro Colelli, Euro-Mediterranean Center on Climate Change (CMCC)

Presentation 6

The Role of Ecosystem Services for Macroeconomic Development

Malin Wiese

Leipzig University, Germany

Nature and the ecosystem services derived from it are essential for humanity. Due to low, zero, or even negative prices, the contribution of natural capital to economic production has long been disregarded. Differentiating between provisioning and maintenance and regulating services, this paper estimates the contribution of natural capital to historical growth using panel data with an instrumental variable approach and time series estimations. While the results for maintenance and regulating services are inconclusive, provisioning services have substantially contributed to economic growth with large heterogeneity across countries.