An economic valuation of ecosystem services provided by the River Turia Natural Park (Valencia)

V. Estruch-Guitart and Valls-Civera; A.

Economia Agraria y Recursos Naturales, 2019, vol. 18, issue 02

Abstract: The objective of this paper is to obtain the monetary value of ecosystem services provided by the Turia Natural Park (TNP). This paper proposes the use of the Analytic Multicriteria Valuation Method (AMUVAM) by replacing the Analytical Hierarchy Process (AHP) with the Analytic Network Process (ANP), since the ANP method allows to analyze interdependence relationships between the services provided by a system. The results express that the economic value of the ecosystem services associated to the TNP ranges between 163,946,752 € and 481,549,597 €. The results reveal distinct patterns in the valuation of the existing services due to ethical issues.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/281238/files/10903-43048-1-PB.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:earnsa:281238

DOI: 10.22004/ag.econ.281238

Access Statistics for this article

More articles in Economia Agraria y Recursos Naturales from Spanish Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().