The Value of Investing in Wetlands for Nitrogen Abatement

Ing-Marie Gren

European Review of Agricultural Economics, 1995, vol. 22, issue 2, 157-72

Abstract: The values of nitrogen abatement through measures involving investment in wetlands, sewage treatment plants and agriculture are calculated and compared. The analytical results show that the marginal value of investment in wetlands, including current and future utility, is likely to exceed that of other measures, due to two factors; the joint production of several environmental services and the net natural growth in the capacity to produce these services. The multifunctionality implies that, in addition to nitrogen abatement, other outputs such as buffering of water and biodiversity are produced jointly and the growth in wetlands, or the self organizing capacity, implies an increase in the supply of future outputs. Empirical results for Gotland, an area with a high concentration of nitrate in the groundwater, suggest that the value of investment in wetlands could significantly exceed that of sewage treatment plants. Copyright 1995 by Oxford University Press.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (13)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:oup:erevae:v:22:y:1995:i:2:p:157-72

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo

More articles in European Review of Agricultural Economics from Oxford University Press and the European Agricultural and Applied Economics Publications Foundation Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().