IDEAS home Printed from https://ideas.repec.org/p/tin/wpaper/20090080.html
   My bibliography  Save this paper

The Values of Natural and Constructed Wetlands: A Meta-Analysis

Author

Listed:
  • Andrea Ghermandi

    (Zuckerberg Institute for Water Research, Ben-Gurion University of the Negev, Israel)

  • Jeroen C.J.M. van den Bergh

    (Universitat Autonoma de Barcelona)

  • Luke M. Brander

    (Institute for Environmental Studies)

  • Henri L.F. de Groot

    (VU University Amsterdam)

  • Paulo A.L.D. Nunes

    (Fondazione Eni Enrico Mattei)

Abstract

The values of goods and services provided by natural and constructed wetlands are examined through a meta-analysis of 418 observations of the economic value of 186 wetlands. Water quality improvement, non-consumptive recreation, and provision of natural habitat and biodiversity turn out to be highly valued services. Substitution effects are observed through the negative correlation between values and proximity to other wetlands. Values are found to increase with anthropogenic pressure. Constructed wetlands are highly valued for biodiversity enhancement, water quality improvement, and flood control. This study provides a substantially new contribution in relation to previous meta-analyses of the wetland valuation literature.

Suggested Citation

  • Andrea Ghermandi & Jeroen C.J.M. van den Bergh & Luke M. Brander & Henri L.F. de Groot & Paulo A.L.D. Nunes, 2009. "The Values of Natural and Constructed Wetlands: A Meta-Analysis," Tinbergen Institute Discussion Papers 09-080/3, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20090080
    as

    Download full text from publisher

    File URL: https://papers.tinbergen.nl/09080.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Andrea Ghermandi & J.C.J.M. van den Bergh & L.M. Brander & H.L.F. de Groot & P.A.L.D. Nunes, 2008. "The Economic Value of Wetland Conservation and Creation: A Meta-Analysis," Working Papers 2008.79, Fondazione Eni Enrico Mattei.
    2. Nunes, Paulo A.L.D. & Ojea, Elena & Loureiro, Maria L., 2009. "Mapping of Forest Biodiversity Values: A Plural Perspective," Sustainable Development Papers 47768, Fondazione Eni Enrico Mattei (FEEM).
    3. Bergstrom, John C. & Taylor, Laura O., 2006. "Using meta-analysis for benefits transfer: Theory and practice," Ecological Economics, Elsevier, vol. 60(2), pages 351-360, December.
    4. Luke Brander & Raymond Florax & Jan Vermaat, 2006. "The Empirics of Wetland Valuation: A Comprehensive Summary and a Meta-Analysis of the Literature," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 33(2), pages 223-250, February.
    5. Rosenberger, Randall S. & Loomis, John B., 2000. "Panel Stratification in Meta-Analysis of Economic Studies: An Investigation of Its Effects in the Recreation Valuation Literature," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 32(3), pages 459-470, December.
    6. David Oglethorpe & Despina Miliadou, 2000. "Economic Valuation of the Non-use Attributes of a Wetland: A Case-study for Lake Kerkini," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 43(6), pages 755-767.
    7. T. D. Stanley, 2005. "Beyond Publication Bias," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 309-345, July.
    8. World Bank, 2006. "World Development Indicators 2006," World Bank Publications - Books, The World Bank Group, number 8151, December.
    9. Hein, Lars & van Koppen, Kris & de Groot, Rudolf S. & van Ierland, Ekko C., 2006. "Spatial scales, stakeholders and the valuation of ecosystem services," Ecological Economics, Elsevier, vol. 57(2), pages 209-228, May.
    10. Hoehn, John P., 2006. "Methods to address selection effects in the meta regression and transfer of ecosystem values," Ecological Economics, Elsevier, vol. 60(2), pages 389-398, December.
    11. Rosenberger, Randall S. & Loomis, John B., 2000. "Panel Stratification In Meta-Analysis Of Economic Studies: An Investigation Of Its Effects In The Recreation Valuation Literature," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(3), pages 1-12, December.
    12. Yang, Wu & Chang, Jie & Xu, Bin & Peng, Changhui & Ge, Ying, 2008. "Ecosystem service value assessment for constructed wetlands: A case study in Hangzhou, China," Ecological Economics, Elsevier, vol. 68(1-2), pages 116-125, December.
    13. de Groot, R. & Stuip, M. & Finlayson, Max & Davidson, N., 2006. "Valuing wetlands: guidance for valuing the benefits derived from wetland ecosystem services," IWMI Research Reports H039735, International Water Management Institute.
    14. Woodward, Richard T. & Wui, Yong-Suhk, 2001. "The economic value of wetland services: a meta-analysis," Ecological Economics, Elsevier, vol. 37(2), pages 257-270, May.
    15. Brouwer, Roy, 2000. "Environmental value transfer: state of the art and future prospects," Ecological Economics, Elsevier, vol. 32(1), pages 137-152, January.
    16. Bal, Frans & Nijkamp, Peter, 2001. "In search of valid results in a complex economic environment: The potential of meta-analysis and value transfer," European Journal of Operational Research, Elsevier, vol. 128(2), pages 364-384, January.
    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. Pandeya, B. & Buytaert, W. & Zulkafli, Z. & Karpouzoglou, T. & Mao, F. & Hannah, D.M., 2016. "A comparative analysis of ecosystem services valuation approaches for application at the local scale and in data scarce regions," Ecosystem Services, Elsevier, vol. 22(PB), pages 250-259.
    2. Marwa E. Salem & D. Evan Mercer, 2012. "The Economic Value of Mangroves: A Meta-Analysis," Sustainability, MDPI, vol. 4(3), pages 1-25, March.

    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. 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. Lindhjem, Henrik & Navrud, Ståle, 2008. "How reliable are meta-analyses for international benefit transfers?," Ecological Economics, Elsevier, vol. 66(2-3), pages 425-435, June.
    3. Richardson, Leslie & Loomis, John & Kroeger, Timm & Casey, Frank, 2015. "The role of benefit transfer in ecosystem service valuation," Ecological Economics, Elsevier, vol. 115(C), pages 51-58.
    4. Hermine Vedogbeton & Robert J. Johnston, 2020. "Commodity Consistent Meta-Analysis of Wetland Values: An Illustration for Coastal Marsh Habitat," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(4), pages 835-865, April.
    5. Brander, Luke M. & Ghermandi, Andrea & Kuik, Onno & Markandya, Anil & Nunes, Paulo A.L.D. & Schaafsma, Marije & Wagtendonk, Alfred, 2010. "Scaling up Ecosystem Services Values: Methodology, Applicability and a Case Study," Sustainable Development Papers 60689, Fondazione Eni Enrico Mattei (FEEM).
    6. Shuang Liu & David I Stern, 2008. "A Meta-Analysis of Contingent Valuation Studies in Coastal and Near-Shore Marine Ecosystems," Socio-Economics and the Environment in Discussion (SEED) Working Paper Series 2008-15, CSIRO Sustainable Ecosystems.
    7. Robert Johnston & Klaus Moeltner, 2014. "Meta-Modeling and Benefit Transfer: The Empirical Relevance of Source-Consistency in Welfare Measures," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 59(3), pages 337-361, November.
    8. Fan, Yubing & Wang, Chenggang & Nan, Zhibiao, 2018. "Determining water use efficiency of wheat and cotton: A meta-regression analysis," Agricultural Water Management, Elsevier, vol. 199(C), pages 48-60.
    9. Lamprinakis, L. & Rodriguez, D. G. P. & Prestvik, A. S. & Veidal, A. & Klimek, B., 2017. "31 DOI: http://dx.doi.org/10.18461/pfsd.2017.1705 INTERNATIONAL JOURNAL ON FOOD SYSTEM DYNAMICS A Mixed Methods Approach Towards Mapping and Economic Valuation of the Divici-Pojejena Wetland Ecosystem," 2018 International European Forum (163rd EAAE Seminar), February 5-9, 2018, Innsbruck-Igls, Austria 276889, International European Forum on System Dynamics and Innovation in Food Networks.
    10. de Groot, Rudolf & Brander, Luke & van der Ploeg, Sander & Costanza, Robert & Bernard, Florence & Braat, Leon & Christie, Mike & Crossman, Neville & Ghermandi, Andrea & Hein, Lars & Hussain, Salman & , 2012. "Global estimates of the value of ecosystems and their services in monetary units," Ecosystem Services, Elsevier, vol. 1(1), pages 50-61.
    11. Bergstrom, John C. & Taylor, Laura O., 2006. "Using meta-analysis for benefits transfer: Theory and practice," Ecological Economics, Elsevier, vol. 60(2), pages 351-360, December.
    12. Rolfe, John & Brouwer, Roy, 2011. "Testing for value stability with a meta-analysis of choice experiments: River health in Australia," Research Reports 107744, Australian National University, Environmental Economics Research Hub.
    13. Andrea Ghermandi & J.C.J.M. van den Bergh & L.M. Brander & H.L.F. de Groot & P.A.L.D. Nunes, 2008. "The Economic Value of Wetland Conservation and Creation: A Meta-Analysis," Working Papers 2008.79, Fondazione Eni Enrico Mattei.
    14. Hynes, S. & Ghermandi, A. & Norton, D. & Williams, H., 2017. "Marine Recreational Ecosystem Service Value Meta-Analysis," Working Papers 266404, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    15. Hynes, Stephen & Ghermandi, Andrea & Norton, Daniel & Williams, Heidi, 2018. "Marine recreational ecosystem service value estimation: A meta-analysis with cultural considerations," Ecosystem Services, Elsevier, vol. 31(PC), pages 410-419.
    16. Londoño, Luz M. & Johnston, Robert J., 2012. "Enhancing the reliability of benefit transfer over heterogeneous sites: A meta-analysis of international coral reef values," Ecological Economics, Elsevier, vol. 78(C), pages 80-89.
    17. Tuan, Tran Hu & Lindhjem, Henrik, 2008. "Meta-analysis of nature conservation values in Asia & Oceania: Data heterogeneity and benefit transfer issues," MPRA Paper 11470, University Library of Munich, Germany.
    18. Halkos, George, 2012. "Assessing the economic value of protecting artificial lakes," MPRA Paper 39557, University Library of Munich, Germany.
    19. Lamprinakis, L. & Rodriguez, D. G. P. & Prestvik, A. & Veidal, A. & Klimek, B., 2017. "31 DOI: http://dx.doi.org/10.18461/pfsd.2017.1705 INTERNATIONAL JOURNAL ON FOOD SYSTEM DYNAMICS A Mixed Methods Approach Towards Mapping and Economic Valuation of the Divici-Pojejena Wetland Ecosystem," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 2017(1), June.
    20. Ghermandi, Andrea & Nunes, Paulo A.L.D., 2013. "A global map of coastal recreation values: Results from a spatially explicit meta-analysis," Ecological Economics, Elsevier, vol. 86(C), pages 1-15.

    More about this item

    Keywords

    constructed ecosystems; economic valuation; constructed wetlands; meta-regression; wetland values;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:tin:wpaper:20090080. 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: Tinbergen Office +31 (0)10-4088900 (email available below). General contact details of provider: https://edirc.repec.org/data/tinbenl.html .

    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.