Table 11 Typology of economic outcomes.
Category | Definition | Examples |
|---|---|---|
Income | Monetary income from wage labor, direct sale of goods, consumption of goods, or value added from natural resources | Individual or household monetary income from wage labor; individual or household monetary income from direct sale of goods (e.g., those derived from natural resources); individual or household physical income from consumption of natural resource goods; individual, household, or community monetary income from value addition from natural resources, coastal protection, nature-based solutions, and/or entrepreneurship; wages; after-tax income rates; income per unit effort |
Livelihoods and employment | Occupation, livelihood, and employment and associated opportunities | Employment; employment opportunities; business ownership; employment rates or levels, employment seasonality; employment satisfaction; unemployment trends; job satisfaction and quality; resource-based livelihoods including extractive and non-extractive; non-resource-based livelihoods; sense of employment security; livelihood diversity |
Financial capital | Value of financial assets, including those derived from natural resources or NBS | Credit; savings; debt |
Natural capital | Stock of natural assets, including those derived from natural resources or NBS an individual has access rights to | Natural resource assets with access or use; salt and exclusion rights; includes coastal habitats, lands, or landscapes |
Physical capital | Stock of material assets, including those derived from natural resources or NBS, that an individual has access rights to | Material assets with access or use, including possessions, real estate |
Living standards | Living standards of basic life, including economic and material needs | Wealth distribution; poverty indices like unsatisfied basic needs, multidimensional poverty, income vs. expenditure; inflation; shelter or housing availability |
Tourism and recreation | Economic value of tourism and recreation opportunities | Subset of several categories above that identifies economic outcomes directly associated with tourism and recreation |