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The Replacement Value of Wetlands in Sweden

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  • Olof Byström

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Abstract

Wetlands, in Sweden and elsewhere, have been suggestedas effective and low-cost sinks for agriculturalpollution. This paper estimates the value of usingwetlands for abatement of agricultural nitrogen loadon the Baltic Sea. A replacement value of wetlands isestimated for Sweden. The replacement value is definedand estimated as the difference between twocost-effective reductions of agricultural nitrogenpollution: one that uses wetlands for nitrogenabatement, and one that does not. It is shown that theuse of wetlands as nitrogen sinks can reduce the totalabatement costs of nitrogen emissions by 30% forSwedish agricultural sources of nitrogen pollution. Copyright Kluwer Academic Publishers 2000

Suggested Citation

  • Olof Byström, 2000. "The Replacement Value of Wetlands in Sweden," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(4), pages 347-362, August.
  • Handle: RePEc:kap:enreec:v:16:y:2000:i:4:p:347-362
    DOI: 10.1023/A:1008316619355
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    References listed on IDEAS

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    1. Stavins, Robert, 2004. "Environmental Economics," Discussion Papers dp-04-54, Resources For the Future.
    2. Kosz, Michael, 1996. "Valuing riverside wetlands: the case of the "Donau-Auen" national park," Ecological Economics, Elsevier, vol. 16(2), pages 109-127, February.
    3. Stavins, Robert N., 1990. "Alternative renewable resource strategies: A simulation of optimal use," Journal of Environmental Economics and Management, Elsevier, vol. 19(2), pages 143-159, September.
    4. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521322249, October.
    5. Gren, Ing-Marie, 1993. "Alternative nitrogen reduction policies in the Malar region, Sweden," Ecological Economics, Elsevier, vol. 7(2), pages 159-172, April.
    6. Gren, Ing-Marie, 1995. "The Value of Investing in Wetlands for Nitrogen Abatement," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 22(2), pages 157-172.
    7. John C. Bergstrom & John R. Stoll, 1993. "Value Estimator Models for Wetlands-Based Recreational Use Values," Land Economics, University of Wisconsin Press, vol. 69(2), pages 132-137.
    8. Ralph E. Heimlich, 1994. "Costs of an Agricultural Wetland Reserve," Land Economics, University of Wisconsin Press, vol. 70(2), pages 234-246.
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    Cited by:

    1. Iho, Antti, 2005. "Does Scale Matter? Cost Effectiveness of Agricultural Nutrient Abatement When Target Level Varies," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24701, European Association of Agricultural Economists.
    2. Tenwalde, Tracy & Jones, Eugene & Hitzhusen, Frederick J., 2005. "An Economic Analysis of Consumer Expenditures for Safe Drinking Water: Addressing Nitrogen Risk with an Averting Cost Approach," 2005 Annual meeting, July 24-27, Providence, RI 19431, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Ingo Bräuer & Rainer Marggraf, 2004. "Valuation of Ecosystem Services Provided by Biodiversity Conservation: An Integrated Hydrological and Economic Model to Value the Enhanced Nitrogen Retention in Renaturated Streams," Working Papers 2004.54, Fondazione Eni Enrico Mattei.
    4. Hyytiainen, Kari & Ahtiainen, Heini & Heikkila, Jaakko & Helin, Janne & Huhtala, Anni & Iho, Antti & Koikkalainen, Kauko & Miettinen, Antti & Pouta, Eija & Vesterinen, Janne, 2009. "An integrated simulation model to evaluate national policies for the abatement of agricultural nutrients in the Baltic Sea," Discussion Papers 49896, MTT Agrifood Research Finland.
    5. Kari Hyytiäinen & Anni Huhtala, 2014. "Combating eutrophication in coastal areas at risk for oil spills," Annals of Operations Research, Springer, vol. 219(1), pages 101-121, August.
    6. François Destandau & Elsa Martin & Anne Rozan, 2011. "Potential of artificial wetlands for removing pesticides from water in a cost-effective framework," INRA UMR CESAER Working Papers 2011/5, INRA UMR CESAER, Centre d'’Economie et Sociologie appliquées à l'’Agriculture et aux Espaces Ruraux.
    7. Martin, Elsa & Destandau, Francois & Rozan, Anne, 2011. "Potential of Artificial Wetlands for Removing Pesticides from Water in a Cost-Effective Framework," 85th Annual Conference, April 18-20, 2011, Warwick University, Coventry, UK 108777, Agricultural Economics Society.

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