IDEAS home Printed from https://ideas.repec.org/a/eee/ecoser/v66y2024ics2212041624000081.html
   My bibliography  Save this article

Dealing with negative monetary ecosystem services values in environmental and economic accounting

Author

Listed:
  • Zabel, Astrid
  • Bokusheva, Raushan
  • Bozzola, Martina

Abstract

The concept of exchange values refers to the theoretical notion of an exchange happening for ecosystem services between an ecosystem asset and an economic agent. The United Nations System of Environmental Economic Accounting recommends using market prices as exchange values whenever possible, or otherwise, exchange value estimates that conceptually come close to market prices. However, in countries with highly regulated access to natural resources, the observable market prices or exchange value estimates for ecosystem services may often be distorted or even negative. When exchange values are used for decision support or as evidence base for policy making, negative values can be misleading.

Suggested Citation

  • Zabel, Astrid & Bokusheva, Raushan & Bozzola, Martina, 2024. "Dealing with negative monetary ecosystem services values in environmental and economic accounting," Ecosystem Services, Elsevier, vol. 66(C).
    • Handle: RePEc:eee:ecoser:v:66:y:2024:i:c:s2212041624000081
    DOI: 10.1016/j.ecoser.2024.101602
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2212041624000081
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecoser.2024.101602?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecoser:v:66:y:2024:i:c:s2212041624000081. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/ecosystem-services .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.