A Summary of Ecosystem Service Economic Valuation Methods and Recommendations for Future Studies

Pamela Kaval ()

Working Papers in Economics from University of Waikato

Abstract: This short working paper summarizes ecosystem service economic valuation methods. The paper begins with an introduction to ecosystem services, and then describes the various methods that can be used to value them. An extensive literature review was carried out, illustrating those ecosystem service studies that attempted to value three or more ecosystem services using original data and more than one valuation method. Recommendations are then offered on how to conduct ecosystem service valuation studies.

Keywords: ecosystem services; market valuation; non-market valuation (search for similar items in EconPapers)
JEL-codes: Q5 Q51 Q57 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2010-04-20
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:wai:econwp:10/02

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