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Monetary valuation of forest ecosystem services in China: A literature review and identification of future research needs

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  • D'Amato, D.
  • Rekola, M.
  • Li, N.
  • Toppinen, A.

Abstract

We propose a review of empirical studies dealing with the monetary valuation of forest ecosystem services in China. The analysis focuses on: assessing methodological differences between studies; highlighting the variation of monetary values across different ecosystem service types; and identifying and discussing future research needs. Based on a systematic search, our data set consists of 12 studies published in peer-reviewed journals in English, dealing with 72 forest ecosystem services. Our results suggest that domestic literature is affected by elusive categorization of ecosystem services and methodological inconsistencies. The wide variation in monetary values of Chinese forest ecosystem services, a phenomenon also observed in global level reviews, can be partially explained by the methodological heterogeneity of the studies. Future research could benefit from a strengthened and more standardized methodological approach, drawing from relevant methods and indicators employed in the reviewed domestic articles, as well as from insights and solutions proposed in the international empirical and conceptual literature. The exceptional forest restoration policy landscape coupled with the increasing establishment of commercial plantations offer important research opportunities for monetary valuation in China. Efforts should be directed towards assessing marginal values of ecosystem services in land-use changes over time, and benefit flows among different stakeholders.

Suggested Citation

  • D'Amato, D. & Rekola, M. & Li, N. & Toppinen, A., 2016. "Monetary valuation of forest ecosystem services in China: A literature review and identification of future research needs," Ecological Economics, Elsevier, vol. 121(C), pages 75-84.
  • Handle: RePEc:eee:ecolec:v:121:y:2016:i:c:p:75-84
    DOI: 10.1016/j.ecolecon.2015.11.009
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    References listed on IDEAS

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    9. Fisher, Brendan & Turner, R. Kerry & Morling, Paul, 2009. "Defining and classifying ecosystem services for decision making," Ecological Economics, Elsevier, vol. 68(3), pages 643-653, January.
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    11. Paul J. Ferraro & Kathleen Lawlor & Katrina L. Mullan & Subhrendu K. Pattanayak, 2012. "Forest Figures: Ecosystem Services Valuation and Policy Evaluation in Developing Countries," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 6(1), pages 20-44.
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