Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2009-09-17
Number: 09-080/3
Author-Name: Andrea Ghermandi
Author-Workplace-Name: Zuckerberg Institute for Water Research, Ben-Gurion University of the Negev, Israel
Author-Name: Jeroen C.J.M. van den Bergh
Author-Workplace-Name: Universitat Autonoma de Barcelona
Author-Name: Luke M. Brander
Author-Workplace-Name: Institute for Environmental Studies
Author-Name: Henri L.F. de Groot
Author-Workplace-Name: VU University Amsterdam
Author-Name: Paulo A.L.D. Nunes
Author-Workplace-Name: Fondazione Eni Enrico Mattei
Title: The Values of Natural and Constructed Wetlands: A Meta-Analysis
Abstract: The values of goods and services provided by natural and constructed wetlands are examined through a meta-analysis of 418 observations of the economic value of 186 wetlands. Water quality improvement, non-consumptive recreation, and provision of natural habitat and biodiversity turn out to be highly valued services. Substitution effects are observed through the negative correlation between values and proximity to other wetlands. Values are found to increase with anthropogenic pressure. Constructed wetlands are highly valued for biodiversity enhancement, water quality improvement, and flood control. This study provides a substantially new contribution in relation to previous meta-analyses of the wetland valuation literature.
Classification-JEL: C81, Q24
Keywords: constructed ecosystems, economic valuation, constructed wetlands, meta-regression, wetland values
File-Url: https://papers.tinbergen.nl/09080.pdf
File-Format: application/pdf
File-Size: 518259 bytes
Handle: RePEc:tin:wpaper:20090080