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Valuing mangrove resources in Kosrae, Micronesia

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  • NAYLOR, ROSAMOND
  • DREW, MARK

Abstract

Mangrove ecosystems provide a wide range of market and non-market benefits to coastal communities in the developing world, yet they remain undervalued and overexploited in most regions where they are found. This paper analyzes the use and value of mangroves in Kosrae, Micronesia, where the population is largely dependent on the swamps for fuelwood and other ecosystem services, such as erosion control, storm protection, and nutrient flows to shoreline fisheries. The results show that mangroves on the island are worth between $666 thousand and $1 million per year (1996 prices) based on the net value of marketable products alone. In addition, household survey data suggest that the local people are willing to pay between $1 million and $1.26 million per year to protect and use mangrove swamps indefinitely. The results thus indicate that the population places some premium on the existence and indirect ecosystem services of mangroves, over and above the direct use values. Moreover, respondents generally favored—and were willing to pay more for—a tax system designed to manage and preserve the mangroves' direct and indirect services over a permit system focused only the allocation of direct use over time. Valuation analyses using revealed preference and contingent valuation methods lead to additional conclusions regarding the distribution of benefits, with poor households deriving more direct benefits from—but willing to pay less to protect—mangrove ecosystems.

Suggested Citation

  • Naylor, Rosamond & Drew, Mark, 1998. "Valuing mangrove resources in Kosrae, Micronesia," Environment and Development Economics, Cambridge University Press, vol. 3(4), pages 471-490, October.
  • Handle: RePEc:cup:endeec:v:3:y:1998:i:04:p:471-490_00
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    Cited by:

    1. Ronnback, Patrik, 1999. "The ecological basis for economic value of seafood production supported by mangrove ecosystems," Ecological Economics, Elsevier, vol. 29(2), pages 235-252, May.
    2. Rao, Nalini S. & Ghermandi, Andrea & Portela, Rosimeiry & Wang, Xuanwen, 2015. "Global values of coastal ecosystem services: A spatial economic analysis of shoreline protection values," Ecosystem Services, Elsevier, vol. 11(C), pages 95-105.
    3. M. Brander, Luke & J. Wagtendonk, Alfred & S. Hussain, Salman & McVittie, Alistair & Verburg, Peter H. & de Groot, Rudolf S. & van der Ploeg, Sander, 2012. "Ecosystem service values for mangroves in Southeast Asia: A meta-analysis and value transfer application," Ecosystem Services, Elsevier, vol. 1(1), pages 62-69.
    4. Tran Huu Tuan & Henrik Lindhjem, 2008. "Meta-analysis of nature conservation values in Asia & Oceania: Data heterogeneity and benefit transfer issues," EEPSEA Research Report rr2008072, Economy and Environment Program for Southeast Asia (EEPSEA), revised Jul 2008.
    5. Ronnback, Patrik & Primavera, Jurgenne H., 2000. "Illuminating the need for ecological knowledge in economic valuation of mangroves under different management regimes -- a critique," Ecological Economics, Elsevier, vol. 35(2), pages 135-141, November.
    6. Yamamoto, Yuki, 2023. "Living under ecosystem degradation: Evidence from the mangrove–fishery linkage in Indonesia," Journal of Environmental Economics and Management, Elsevier, vol. 118(C).
    7. Sonja S. Teelucksingh & Paulo A.L.D. Nunes, 2010. "Biodiversity Valuation in Developing Countries: A Focus on Small Island Developing States (SIDS)," Working Papers 2010.111, Fondazione Eni Enrico Mattei.
    8. Huitric, Miriam & Folke, Carl & Kautsky, Nils, 2002. "Development and government policies of the shrimp farming industry in Thailand in relation to mangrove ecosystems," Ecological Economics, Elsevier, vol. 40(3), pages 441-455, March.
    9. Barbier, Edward B., 2012. "A spatial model of coastal ecosystem services," Ecological Economics, Elsevier, vol. 78(C), pages 70-79.
    10. Perrings, Charles, 2014. "Environment and development economics 20 years on," Environment and Development Economics, Cambridge University Press, vol. 19(3), pages 333-366, June.
    11. Ian Bateman & Georgina Mace & Carlo Fezzi & Giles Atkinson & Kerry Turner, 2011. "Economic Analysis for Ecosystem Service Assessments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(2), pages 177-218, February.
    12. James Sanchirico & Michael Springborn, 2011. "How to Get There From Here: Ecological and Economic Dynamics of Ecosystem Service Provision," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(2), pages 243-267, February.

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