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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
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    References listed on IDEAS

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    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.

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    More about this item

    Keywords

    constructed ecosystems; economic valuation; constructed wetlands; meta-regression; wetland values;

    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

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