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Valuing lagoons using a meta-analytical approach: Methodological and practical issues

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  • Geoffroy Enjolras
  • Jean-Marie Boisson

Abstract

Among coastal areas, lagoons are probably one of the most active and sensitive areas. They provide numerous goods and services that are of value to people. As public goods, there are freely accessible but in counterpart there are more endangered than other areas. Conflict uses between activities inside and outside the lagoons or between occasional and regular users imply to implement the lagoons economic values in order to provide a useful management tool. Many studies have been driven in order to estimate the impacts of the different activities on water quality and the willingness to pay for a better environment. We collect 32 lagoon studies providing 67 value observations in order to present a comprehensive meta-analysis of the valuation literature. This method allows estimating a function that takes into account the sites characteristics, methodological variables and lagoons services. The estimation of a meta-analytic function proves that all theses kinds of variables are important for the calculus of values. Moreover, we precisely determine the influence of the different variables on the value. Performing the transfer, we find an average transfer error amount equal to 87% but a median transfer error equal to 24%. This result due to a very small number of aberrant values is interesting with one-fourth of the transfers showing errors lower to 10% and nearly three-fourth of the transfers present errors lower to 50%.

Suggested Citation

  • Geoffroy Enjolras & Jean-Marie Boisson, 2008. "Valuing lagoons using a meta-analytical approach: Methodological and practical issues," Working Papers 08-05, LAMETA, Universtiy of Montpellier, revised Apr 2008.
  • Handle: RePEc:lam:wpaper:08-05
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    File URL: http://www.lameta.univ-montp1.fr/Documents/DR2008-05.pdf
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    References listed on IDEAS

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    1. Kazmierczak, Richard F., Jr., 2001. "Economic Linkages Between Coastal Wetlands And Hunting And Fishing: A Review Of Value Estimates Reported In The Published Literature," Staff Papers 31687, Louisiana State University, Department of Agricultural Economics and Agribusiness.
    2. Liu, Shuang & Stern, David I., 2008. "A Meta-Analysis of Contingent Valuation Studies in Coastal and Near-Shore Marine Ecosystems," MPRA Paper 11608, University Library of Munich, Germany.
    3. Kazmierczak, Richard F., Jr., 2001. "Economic Linkages Between Coastal Wetlands And Water Quality: A Review Of Value Estimates Reported In The Published Literature," Staff Papers 31685, Louisiana State University, Department of Agricultural Economics and Agribusiness.
    4. Kazmierczak, Richard F., Jr., 2001. "Economic Linkages Between Coastal Wetlands And Habitat/Species Protection: A Review Of Value Estimates Reported In The Published Literature," Staff Papers 31689, Louisiana State University, Department of Agricultural Economics and Agribusiness.
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    Cited by:

    1. Chaikumbung, Mayula & Doucouliagos, Hristos & Scarborough, Helen, 2016. "The economic value of wetlands in developing countries: A meta-regression analysis," Ecological Economics, Elsevier, vol. 124(C), pages 164-174.
    2. Francesco Silvestri & Stefano Ghinoi & Vincenzo Barone, 2013. "Nautical tourism, carrying capac ity and environmental externality in a protected Lagoon of Northern Adriatic Sea," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2013(3), pages 145-180.
    3. repec:eee:ecoser:v:1:y:2012:i:1:p:50-61 is not listed on IDEAS
    4. repec:eee:ecoser:v:32:y:2018:i:pa:p:78-89 is not listed on IDEAS

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