IDEAS home Printed from https://ideas.repec.org/a/eee/ecoser/v23y2017icp116-126.html

Valuing ecosystem services for improved national accounting: A pilot study from Madagascar

Author

Listed:
  • Onofri, Laura
  • Lange, Glenn Marie
  • Portela, Rosimeiry
  • Nunes, Paulo A.L.D.

Abstract

The present paper proposes a micro-econometric methodology for the economic valuation of the impact of ecosystem services in selected economic sectors. In the context of natural capital and ecosystem accounting, we built a four steps valuation protocol. The methodology is applied to the valuation of freshwater in the Ankeniheny-Zahamena Forestry Corridor (CAZ), Madagascar – a country partner with the Wealth Accounting and the Valuation of Ecosystem Services (WAVES). Our results corroborate the intuition that understanding the value of water in its alternative uses is a key to fostering informed debate on water management and allocation in the CAZ area. More generally, this study provides a solid contribution towards a more effective way to elicit and record nature's ecosystem services contribution to the economy.

Suggested Citation

  • Onofri, Laura & Lange, Glenn Marie & Portela, Rosimeiry & Nunes, Paulo A.L.D., 2017. "Valuing ecosystem services for improved national accounting: A pilot study from Madagascar," Ecosystem Services, Elsevier, vol. 23(C), pages 116-126.
    • Handle: RePEc:eee:ecoser:v:23:y:2017:i:c:p:116-126
    DOI: 10.1016/j.ecoser.2016.11.016
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2212041616301413
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecoser.2016.11.016?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

    for a different version of it.

    References listed on IDEAS

    as
    1. Arrow, Kenneth J. & Dasgupta, Partha & Goulder, Lawrence H. & Mumford, Kevin J. & Oleson, Kirsten, 2012. "Sustainability and the measurement of wealth," Environment and Development Economics, Cambridge University Press, vol. 17(3), pages 317-353, June.
    2. repec:wbk:wbpubs:2252 is not listed on IDEAS
    3. Ing-Marie Gren & Carl Folke & Kerry Turner & Ian Batemen, 1994. "Primary and secondary values of wetland ecosystems," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 4(1), pages 55-74, February.
    4. Barbier, Edward B., 2000. "Valuing the environment as input: review of applications to mangrove-fishery linkages," Ecological Economics, Elsevier, vol. 35(1), pages 47-61, October.
    5. Lange, Glenn-Marie, 2007. "Environmental accounting: Introducing the SEEA-2003," Ecological Economics, Elsevier, vol. 61(4), pages 589-591, March.
    6. Kadigi, Reuben M.J. & Mdoe, Ntengua S.Y. & Ashimogo, Gasper C. & Morardet, Sylvie, 2008. "Water for irrigation or hydropower generation?--Complex questions regarding water allocation in Tanzania," Agricultural Water Management, Elsevier, vol. 95(8), pages 984-992, August.
    7. Pattanayak, Subhrendu K. & Kramer, Randall A., 2001. "Worth of watersheds: a producer surplus approach for valuing drought mitigation in Eastern Indonesia," Environment and Development Economics, Cambridge University Press, vol. 6(1), pages 123-146, February.
    8. Edward B. Barbier, 2016. "The Protective Value of Estuarine and Coastal Ecosystem Services in a Wealth Accounting Framework," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(1), pages 37-58, May.
    9. Pearce, David W. & Atkinson, Giles D., 1993. "Capital theory and the measurement of sustainable development: an indicator of "weak" sustainability," Ecological Economics, Elsevier, vol. 8(2), pages 103-108, October.
    10. Edward B. Barbier, 2007. "Valuing ecosystem services as productive inputs [‘Valuing groundwater recharge through agricultural production in the Hadejia-Jama’are wetlands in northern Nigeria’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 22(49), pages 178-229.
    11. ZELLNER, Arnold & KMENTA, Jan & DREZE, Jacques H., 1966. "Specification and estimation of Cobb-Douglas production function models," LIDAM Reprints CORE 12, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Shuhong & Xing, Lu & Chen, Xueli & Song, Malin, 2024. "Evaluating and enhancing natural resource asset management efficiency in China: A data envelopment analysis study," Resources Policy, Elsevier, vol. 92(C).
    2. Acharya, Ram Prasad & Maraseni, Tek & Cockfield, Geoff, 2019. "Global trend of forest ecosystem services valuation – An analysis of publications," Ecosystem Services, Elsevier, vol. 39(C).
    3. Ghermandi, Andrea & Obura, David & Knudsen, Camilla & Nunes, Paulo A.L.D., 2019. "Marine ecosystem services in the Northern Mozambique Channel: A geospatial and socio-economic analysis for policy support," Ecosystem Services, Elsevier, vol. 35(C), pages 1-12.
    4. da Mosto, Jane & Bertolini, Camilla & Markandya, Anil & Nunes, Paulo A.L.D. & Spencer, Tom & Palaima, Arnas & Onofri, Laura, "undated". "Rethinking Venice from an Ecosystem Services Perspective," FACTS: Firms And Cities Towards Sustainability 308019, Fondazione Eni Enrico Mattei (FEEM) > FACTS: Firms And Cities Towards Sustainability.
    5. Yang, Yi & Jia, Yuwei & Ling, Sun & Yao, Congxu, 2021. "Urban natural resource accounting based on the system of environmental economic accounting in Northwest China: A case study of Xi’an," Ecosystem Services, Elsevier, vol. 47(C).
    6. van Soesbergen, Arnout & Mulligan, Mark, 2018. "Uncertainty in data for hydrological ecosystem services modelling: Potential implications for estimating services and beneficiaries for the CAZ Madagascar," Ecosystem Services, Elsevier, vol. 33(PB), pages 175-186.
    7. Accatino, Francesco & Tonda, Alberto & Dross, Camille & Léger, François & Tichit, Muriel, 2019. "Trade-offs and synergies between livestock production and other ecosystem services," Agricultural Systems, Elsevier, vol. 168(C), pages 58-72.
    8. Flaubert Tiandraza & Shijin Qu & Shougeng Hu & Christopher N. Mkono & Anna Tikhomirova & Solo Nirina Randrialahamady, 2023. "Response of Ecosystem Services to Land Use Change in Madagascar Island, Africa: A Multi-Scale Perspective," IJERPH, MDPI, vol. 20(4), pages 1-21, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dasgupta, Partha, 2010. "The Place of Nature in Economic Development," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4977-5046, Elsevier.
    2. Comte, Adrien & Sylvie Campagne, C. & Lange, Sabine & Bruzón, Adrián García & Hein, Lars & Santos-Martín, Fernando & Levrel, Harold, 2022. "Ecosystem accounting: Past scientific developments and future challenges," Ecosystem Services, Elsevier, vol. 58(C).
    3. Perrings, Charles, 2014. "Environment and development economics 20 years on," Environment and Development Economics, Cambridge University Press, vol. 19(3), pages 333-366, June.
    4. Craig A. Bond, 2017. "Valuing Coastal Natural Capital in a Bioeconomic Framework," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-26, April.
    5. 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).
    6. Qasim,Mubashir & Grimes, Arthur, 2018. "Sustainable economic policy and well-being: The relationship between adjusted net savings and subjective well-being," Motu Working Papers 290505, Motu Economic and Public Policy Research.
    7. Natacha LASKOWSKI, 2013. "Optimal allocation of wetlands: Study on conflict between agriculture and fishery," Cahiers du GREThA (2007-2019) 2013-07, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    8. Collins, Ross D. & Selin, Noelle E. & de Weck, Olivier L. & Clark, William C., 2017. "Using inclusive wealth for policy evaluation: Application to electricity infrastructure planning in oil-exporting countries," Ecological Economics, Elsevier, vol. 133(C), pages 23-34.
    9. Giuseppe Munda, 2015. "Beyond Gdp: An Overview Of Measurement Issues In Redefining ‘Wealth’," Journal of Economic Surveys, Wiley Blackwell, vol. 29(3), pages 403-422, July.
    10. Louis Dupuy & Matthew Agarwala, 2014. "International trade and sustainable development," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 25, pages 399-417, Edward Elgar Publishing.
    11. McGrath, Luke & Hynes, Stephen & McHale, John, 2019. "Augmenting the World Bank's estimates: Ireland's genuine savings through boom and bust," Ecological Economics, Elsevier, vol. 165(C), pages 1-1.
    12. Eoin McLaughlin & Cristián Ducoing & Les Oxley, 2024. "Tracing Sustainability in the Long Run: Genuine Savings Estimates, 1850–2018," NBER Chapters, in: Measuring and Accounting for Environmental Public Goods: A National Accounts Perspective, pages 63-100, National Bureau of Economic Research, Inc.
    13. Marwa E. Salem & D. Evan Mercer, 2012. "The Economic Value of Mangroves: A Meta-Analysis," Sustainability, MDPI, vol. 4(3), pages 1-25, March.
    14. Luke McGrath & Stephen Hynes & John McHale, 2022. "The Air we Breathe: Estimates of Air Pollution Extended Genuine Savings for Europe," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 68(1), pages 161-188, March.
    15. Sato, Masayuki & Phim, Runsinarith & Managi, Shunsuke, 2015. "Sustainability indicators and the shadow price of natural capital," MPRA Paper 62612, University Library of Munich, Germany.
    16. Céline Antonin & Thomas Melonio & Xavier Timbeau, 2012. "L'epargne nette ré-ajustée," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 259-286.
    17. Finnoff, David & Gong, Min & Tschirhart, John, 2012. "Perspectives on Ecosystem Based Management for Delivering Ecosystem Services with an Example from an Eighteen-Species Marine Model," International Review of Environmental and Resource Economics, now publishers, vol. 6(1), pages 79-118, January.
    18. Mota, Rui Pedro & Cunha-e-Sá, Maria A., 2019. "The Role of Technological Progress in Testing Adjusted Net Savings: Evidence from OECD Countries," Ecological Economics, Elsevier, vol. 164(C), pages 1-1.
    19. Greasley, David & Hanley, Nick & Kunnas, Jan & McLaughlin, Eoin & Oxley, Les & Warde, Paul, 2014. "Testing genuine savings as a forward-looking indicator of future well-being over the (very) long-run," Journal of Environmental Economics and Management, Elsevier, vol. 67(2), pages 171-188.
    20. Blum Matthias & McLaughlin Eoin & Hanley Nick, 2019. "Accounting for Sustainable Development over the Long-Run: Lessons from Germany," German Economic Review, De Gruyter, vol. 20(4), pages 410-446, December.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    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:23:y:2017:i:c:p:116-126. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.