Using Meta-Analysis for Large-Scale Ecosystem Service Valuation: Progress, Prospects, and Challenges
Robert Johnston and
Dana Marie Bauer
Agricultural and Resource Economics Review, 2020, vol. 49, issue 1, 23-63
Abstract:
This article discusses prospects and challenges related to the use of meta-regression models (MRMs) for ecosystem service benefit transfer, with an emphasis on validity criteria and post-estimation procedures given sparse attention in the ecosystem services literature. We illustrate these topics using a meta-analysis of willingness to pay for water quality changes that support aquatic ecosystem services and the application of this model to estimate water quality benefits under alternative riparian buffer restoration scenarios in New Hampshire's Great Bay Watershed. These illustrations highlight the advantages of MRM benefit transfers, together with the challenges and data needs encountered when quantifying ecosystem service values.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:cup:agrerw:v:49:y:2020:i:1:p:23-63_3
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