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The Architecture and Measurement of an Ecosystem Services Index

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  • Boyd, James

    (Resources for the Future)

  • Banzhaf, H. Spencer

    (Resources for the Future)

Abstract

This paper describes the construction of an ecological services index (ESI). An ESI is meant to summarize and track over time the magnitude of beneficial services arising from the natural environment. A central task of this paper is to define rigorously ecosystem services so that services can be counted in an economically and ecologically defensible manner—a requirement if ecological contributions to welfare are to be incorporated into the national accounts. This paper advocates a particular economic structure and relates it to index theory and makes concrete recommendations for the measurement of such an index.

Suggested Citation

  • Boyd, James & Banzhaf, H. Spencer, 2005. "The Architecture and Measurement of an Ecosystem Services Index," Discussion Papers dp-05-22, Resources For the Future.
  • Handle: RePEc:rff:dpaper:dp-05-22
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    Cited by:

    1. Boyd, James, 2010. "Lost Ecosystem Goods and Services as a Measure of Marine Oil Pollution Damages," Discussion Papers dp-10-31, Resources For the Future.
    2. Kroeger, Timm & Casey, Frank, 2007. "An assessment of market-based approaches to providing ecosystem services on agricultural lands," Ecological Economics, Elsevier, vol. 64(2), pages 321-332, December.
    3. Remme, Roy P. & Edens, Bram & Schröter, Matthias & Hein, Lars, 2015. "Monetary accounting of ecosystem services: A test case for Limburg province, the Netherlands," Ecological Economics, Elsevier, vol. 112(C), pages 116-128.
    4. Boyd, James & Banzhaf, Spencer, 2007. "What are ecosystem services? The need for standardized environmental accounting units," Ecological Economics, Elsevier, vol. 63(2-3), pages 616-626, August.
    5. Marina García-Llorente & Antonio J. Castro & Cristina Quintas-Soriano & Elisa Oteros-Rozas & Irene Iniesta-Arandia & José A. González & David García del Amo & Marta Hernández-Arroyo & Izaskun Casado-A, 2020. "Local Perceptions of Ecosystem Services Across Multiple Ecosystem Types in Spain," Land, MDPI, Open Access Journal, vol. 9(9), pages 1-20, September.
    6. Edens, Bram & Hein, Lars, 2013. "Towards a consistent approach for ecosystem accounting," Ecological Economics, Elsevier, vol. 90(C), pages 41-52.
    7. Carl Obst & Lars Hein & Bram Edens, 2016. "National Accounting and the Valuation of Ecosystem Assets and Their Services," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(1), pages 1-23, May.
    8. Capriolo, A. & Boschetto, R.G. & Mascolo, R.A. & Balbi, S. & Villa, F., 2020. "Biophysical and economic assessment of four ecosystem services for natural capital accounting in Italy," Ecosystem Services, Elsevier, vol. 46(C).
    9. Boyd, James, 2007. "Nonmarket benefits of nature: What should be counted in green GDP?," Ecological Economics, Elsevier, vol. 61(4), pages 716-723, March.
    10. Ian Avery Bick & Ronita Bardhan & Terry Beaubois, 2018. "Applying fuzzy logic to open data for sustainable development decision-making: a case study of the planned city Amaravati," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 91(3), pages 1317-1339, April.
    11. Mengqiu Lu & Jianquan Cheng & Cheng Jin, 2017. "Assessment of Ecological Assets for Sustainable Regional Development: A Case Study of Deqing County, China," Sustainability, MDPI, Open Access Journal, vol. 9(6), pages 1-18, June.
    12. H. Spencer Banzhaf & James Boyd, 2012. "The Architecture and Measurement of an Ecosystem Services Index," Sustainability, MDPI, Open Access Journal, vol. 4(4), pages 1-32, March.
    13. Min Wang & Xianli Zhao & Qunxi Gong & Zhigeng Ji, 2019. "Measurement of Regional Green Economy Sustainable Development Ability Based on Entropy Weight-Topsis-Coupling Coordination Degree—A Case Study in Shandong Province, China," Sustainability, MDPI, Open Access Journal, vol. 11(1), pages 1-18, January.
    14. Villegas-Palacio, Clara & Berrouet, Lina & López, Connie & Ruiz, Aura & Upegui, Alba, 2016. "Lessons from the integrated valuation of ecosystem services in a developing country: Three case studies on ecological, socio-cultural and economic valuation," Ecosystem Services, Elsevier, vol. 22(PB), pages 297-308.
    15. Nils Droste & Bartosz Bartkowski, 2018. "Ecosystem Service Valuation for National Accounting: A Reply to Obst, Hein and Edens (2016)," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(1), pages 205-215, September.
    16. Admiraal, Jeroen F. & Wossink, Ada & de Groot, Wouter T. & de Snoo, Geert R., 2013. "More than total economic value: How to combine economic valuation of biodiversity with ecological resilience," Ecological Economics, Elsevier, vol. 89(C), pages 115-122.
    17. Rau, Anna-Lena & von Wehrden, Henrik & Abson, David J., 2018. "Temporal Dynamics of Ecosystem Services," Ecological Economics, Elsevier, vol. 151(C), pages 122-130.
    18. Egoh, Benis & Rouget, Mathieu & Reyers, Belinda & Knight, Andrew T. & Cowling, Richard M. & van Jaarsveld, Albert S. & Welz, Adam, 2007. "Integrating ecosystem services into conservation assessments: A review," Ecological Economics, Elsevier, vol. 63(4), pages 714-721, September.
    19. C. Feger & Laurent Mermet, 2021. "Advances in accounting for biodiversity and ecosystems: a typology focusing upon the environmental results imperative [Innovations comptables pour la biodiversité et les écosystèmes : une typologie," Post-Print hal-02549016, HAL.
    20. Jian Peng & Minli Zong & Yi'na Hu & Yanxu Liu & Jiansheng Wu, 2015. "Assessing Landscape Ecological Risk in a Mining City: A Case Study in Liaoyuan City, China," Sustainability, MDPI, Open Access Journal, vol. 7(7), pages 1-23, June.

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    More about this item

    Keywords

    ecosystem services; Green GDP; index numbers; ecological economics;
    All these keywords.

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • 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
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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