A linkage between the biophysical and the economic: Assessing the global market impacts of soil erosion
Employing a linkage between a biophysical and an economic model, this study estimates the economic impact of soil erosion by water on the world economy. The global biophysical model estimates soil erosion rates, which are converted into land productivity losses and subsequently inserted into a global market simulation model. The headline result is that soil erosion by water is estimated to incur a global annual cost of eight billion US dollars to global GDP.