EconPapers    
Economics at your fingertips  
 

Methodological approaches for the evaluation of ecosystem services

Oksana Sakal
Additional contact information
Oksana Sakal: Public Institution "Institute of Environmental Economics and Sustainable Development of the National Academy of Sciences of Ukraine", Kyiv

Economics of Nature and the Environment, 2016, 71-78

Abstract: Research of adequate approaches for the evaluation of ecosystem services is an objective necessity of effective public policy for providing rational nature usage, due a wide range of provisioning, regulating and supporting and cultural ecosystem services. In this regard, the real valuation of natural resources and environmental conditions based on systemized approaches, in particular in terms of the theory of social value of natural resources and the concept of «willingness to pay» for their evaluation can become an effective instrument for the market mechanism regulation of nature usage. Is proved, that valuation of ecosystem goods and services, if taken into account both positive and negative externalities usage of natural resources, the irrational nature usage by private business, reflects the deterioration of effectiveness (profitability) of economic activity. Economic evaluation of natural resources and environmental conditions is a priority instrument for indirect state influence on the processes nature usage, creating incentives for business entities to rationalize their behavior concerning ecosystem services. The above mentioned, in complex provides incorporation the impact of ecosystem services on the public welfare. The structure of the total economic value and relevant asset of evaluation ecosystem services is researched. Highlight the benefits that are the subject of evaluation both direct and indirect use and non-use of ecosystem services. Criteria for selection an approach to the evaluation of ecosystem services are generalized. The basic methods of valuation of ecosystem services are systematized (revealed-preference; stated-preference; benefits transfer).

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://economics-of-nature.net/uploads/2016/sakal.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:ene:journl:y:2016:p:71-78

Access Statistics for this article

Economics of Nature and the Environment is currently edited by Ludmila Shashula

More articles in Economics of Nature and the Environment from Mykhaylo Khvesyk
Series data maintained by Ludmila Shashula ().

 
Page updated 2017-09-29
Handle: RePEc:ene:journl:y:2016:p:71-78