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The Values of Natural and Constructed Wetlands: A Meta-Analysis

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Author Info
Andrea Ghermandi () (Zuckerberg Institute for Water Research, Ben-Gurion University of the Negev, Israel)
Jeroen C.J.M. van den Bergh () (Universitat Autonoma de Barcelona)
Luke M. Brander () (Institute for Environmental Studies)
Henri L.F. de Groot () (VU University Amsterdam)
Paulo A.L.D. Nunes () (Fondazione Eni Enrico Mattei)

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Abstract

The values of goods and services provided by natural and constructed wetlands are examined through a meta-analysis of 418 observations of the economic value of 186 wetlands. Water quality improvement, non-consumptive recreation, and provision of natural habitat and biodiversity turn out to be highly valued services. Substitution effects are observed through the negative correlation between values and proximity to other wetlands. Values are found to increase with anthropogenic pressure. Constructed wetlands are highly valued for biodiversity enhancement, water quality improvement, and flood control. This study provides a substantially new contribution in relation to previous meta-analyses of the wetland valuation literature.

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Publisher Info
Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 09-080/3.

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Date of creation: 17 Sep 2009
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Handle: RePEc:dgr:uvatin:20090080

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Web page: http://www.tinbergen.nl/

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Related research
Keywords: constructed ecosystems; economic valuation; constructed wetlands; meta-regression; wetland values;

Find related papers by JEL classification:
C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Microeconomic Data
Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land

This paper has been announced in the following NEP Reports:

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This page was last updated on 2009-11-26.

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