A Global Meta-Analysis of the Value of Ecosystem Services Provided by Lakes
Arnaud Reynaud and
Denis Lanzanova
Ecological Economics, 2017, vol. 137, issue C, 184-194
Abstract:
This study presents the first meta-analysis on the economic value of ecosystem services delivered by lakes. A worldwide data set of 699 observations drawn from 133 studies combines information reported in primary studies with geospatial data. The meta-analysis explores antagonisms and synergies between ecosystem services. This is the first meta-analysis to incorporate simultaneously external geospatial data and ecosystem service interactions. We first show that it is possible to reliably predict the value of ecosystem services provided by lakes based on their physical and geographic characteristics. Second, we demonstrate that interactions between ecosystem services appear to be significant for explaining lake ecosystem service values. Third, we provide an estimation of the average value of ecosystem services provided by lakes: between 106 and 140 USD$2010 per respondent per year for non-hedonic price studies and between 169 and 403 USD$2010 per property per year for hedonic price studies.
Keywords: Lakes; Ecosystem services; Meta-analysis; Non-market valuation; Geospatial data; Global scale (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (31)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:137:y:2017:i:c:p:184-194
DOI: 10.1016/j.ecolecon.2017.03.001
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