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The Architecture and Measurement of an Ecosystem Services Index

  • Boyd, James

    ()

    (Resources for the Future)

  • Banzhaf, H. Spencer

    ()

    (Resources for the Future)

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.

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File URL: http://www.rff.org/RFF/documents/RFF-DP-05-22.pdf
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Paper provided by Resources For the Future in its series Discussion Papers with number dp-05-22.

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Date of creation: 05 Oct 2005
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Handle: RePEc:rff:dpaper:dp-05-22
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  1. Partha Dasgupta, 2009. "The Welfare Economic Theory of Green National Accounts," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 42(1), pages 3-38, January.
  2. Neary, J. P. & Roberts, K. W. S., 1980. "The theory of household behaviour under rationing," European Economic Review, Elsevier, vol. 13(1), pages 25-42, January.
  3. William A. Brock & Anastasios Xepapadeas, 2003. "Valuing Biodiversity from an Economic Perspective: A Unified Economic, Ecological, and Genetic Approach," American Economic Review, American Economic Association, vol. 93(5), pages 1597-1614, December.
  4. Heal, G. & Kristrom, B., 1998. "National Income and the Environment," Papers 98-01, Columbia - Graduate School of Business.
  5. V. Smith & Subhrendu Pattanayak, 2002. "Is Meta-Analysis a Noah's Ark for Non-Market Valuation?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 22(1), pages 271-296, June.
  6. Weitzman, Martin L, 1993. "What to Preserve? An Application of Diversity Theory to Crane Conservation?," The Quarterly Journal of Economics, MIT Press, vol. 108(1), pages 157-83, February.
  7. M. L. Weitzman, 1974. "On the Welfare Significance of National Product in Dynamic Economy," Working papers 125, Massachusetts Institute of Technology (MIT), Department of Economics.
  8. Banzhaf, H. Spencer, 2002. "Green Price Indices," Discussion Papers dp-02-09-, Resources For the Future.
  9. Bockstael, Nancy E & McConnell, Kenneth E, 1983. "Welfare Measurement in the Household Production Framework," American Economic Review, American Economic Association, vol. 73(4), pages 806-14, September.
  10. Fare, R. & Grosskopf, S. & Hernandez-Sancho, F., 2004. "Environmental performance: an index number approach," Resource and Energy Economics, Elsevier, vol. 26(4), pages 343-352, December.
  11. Nancy E. Bockstael, 1996. "Modeling Economics and Ecology: The Importance of a Spatial Perspective," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(5), pages 1168-1180.
  12. Karl-Göran Mäler, 1991. "National accounts and environmental resources," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 1(1), pages 1-15, March.
  13. Klaus Moeltner & Richard Woodward, 2009. "Meta-Functional Benefit Transfer for Wetland Valuation: Making the Most of Small Samples," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 42(1), pages 89-108, January.
  14. Kontogianni, Areti & Luck, Gary W. & Skourtos, Michalis, 2010. "Valuing ecosystem services on the basis of service-providing units: A potential approach to address the 'endpoint problem' and improve stated preference methods," Ecological Economics, Elsevier, vol. 69(7), pages 1479-1487, May.
  15. Boyd, James & Banzhaf, H. Spencer, 2005. "The Architecture and Measurement of an Ecosystem Services Index," Discussion Papers dp-05-22, Resources For the Future.
  16. Nicholas Z. Muller & Robert Mendelsohn & William Nordhaus, 2011. "Environmental Accounting for Pollution in the United States Economy," American Economic Review, American Economic Association, vol. 101(5), pages 1649-75, August.
  17. Weitzman, Martin L, 1992. "On Diversity," The Quarterly Journal of Economics, MIT Press, vol. 107(2), pages 363-405, May.
  18. Johnston, Robert J. & Russell, Marc, 2011. "An operational structure for clarity in ecosystem service values," Ecological Economics, Elsevier, vol. 70(12), pages 2243-2249.
  19. Boyd, James & Wainger, Lisa, 2003. "Measuring Ecosystem Service Benefits: The Use of Landscape Analysis to Evaluate Environmental Trades and Compensation," Discussion Papers dp-02-63, Resources For the Future.
  20. 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.
  21. Boyd, James, 2007. "Nonmarket benefits of nature: What should be counted in green GDP?," Ecological Economics, Elsevier, vol. 61(4), pages 716-723, March.
  22. James Boyd & Lisa Wainger, 2002. "Landscape Indicators of Ecosystem Service Benefits," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(5), pages 1371-1378.
  23. 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.
  24. Karl-Göran Mäler & Sara Aniyar & Åsa Jansson, 2009. "Accounting for Ecosystems," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 42(1), pages 39-51, January.
  25. Loomis, John B. & Rosenberger, Randall S., 2006. "Reducing barriers in future benefit transfers: Needed improvements in primary study design and reporting," Ecological Economics, Elsevier, vol. 60(2), pages 343-350, December.
  26. Simpson, R David & Sedjo, Roger A & Reid, John W, 1996. "Valuing Biodiversity for Use in Pharmaceutical Research," Journal of Political Economy, University of Chicago Press, vol. 104(1), pages 163-85, February.
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