 Valuing ecosystem services for improved national accounting: A pilot study from MadagascarLaura Onofri, Glenn Marie Lange, Rosimeiry Portela and Paulo Nunes () Ecosystem Services, 2017, vol. 23, issue C, 116-126 Abstract: The present paper proposes a micro-econometric methodology for the economic valuation of the impact of ecosystem services in selected economic sectors. In the context of natural capital and ecosystem accounting, we built a four steps valuation protocol. The methodology is applied to the valuation of freshwater in the Ankeniheny-Zahamena Forestry Corridor (CAZ), Madagascar – a country partner with the Wealth Accounting and the Valuation of Ecosystem Services (WAVES). Our results corroborate the intuition that understanding the value of water in its alternative uses is a key to fostering informed debate on water management and allocation in the CAZ area. More generally, this study provides a solid contribution towards a more effective way to elicit and record nature's ecosystem services contribution to the economy. Keywords: C2; C3; D24; Q56; Ecosystem services; Production function; Value of the marginal productivity; Natural capital and ecosystem services accounting; Monetary valuation; Sustainable land use management (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoser:v:23:y:2017:i:c:p:116-126 DOI: 10.1016/j.ecoser.2016.11.016 Access Statistics for this article Ecosystem Services is currently edited by Leon C Braat More articles in Ecosystem Services from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.