scholarly journals Economic Valuation of Green Island, Taiwan: A Choice Experiment Method

2019 ◽  
Vol 11 (2) ◽  
pp. 403 ◽  
Author(s):  
Han-Shen Chen ◽  
Chu-Wei Chen
Keyword(s):  
Ecosystem Services ◽  
Choice Experiment ◽  
Economic Valuation ◽  
Economic Value ◽  
Environmental Resources ◽  
Island Conservation ◽  
Conservation Policies ◽  
Integrated Operation ◽  
Island Ecosystem ◽  
Green Island

The evaluation of ecological security and ecosystem services is now a core issue in the field of natural and environmental resources. Quantifying the economic value of island ecosystem services can inform policy decisions that affect the island and help justify expenditures on ecosystem service improvements. This study investigates the preferences of residents and tourists regarding Green Island and estimates willingness-to-pay (WTP) values for island ecosystem services using a choice experiment. The results indicate significant differences between the preferences of residents and tourists regarding island environmental resources. Therefore, based on the multiple attributes and ecosystem services, this study formulated three assessment schemes: “environmental protection”, “recreational development”, and “integrated operation and management”. Based on our analysis of the problems reflected in the aforementioned valuation models, we recommend that policy makers refer to environmental attribute preferences to create statements or advertisements targeting relevant audiences when planning island development. This paper contributes to the literature by demonstrating how the economic valuation of island ecosystem services can help design and target island conservation policies in order to maximize welfare.

scholarly journals The Elusive Quest for Valuation of Coastal and Marine Ecosystem Services

Water ◽  
2019 ◽  
Vol 11 (7) ◽  
pp. 1518 ◽  
Author(s):  
J. Walter Milon ◽  
Sergio Alvarez
Keyword(s):  
Ecosystem Services ◽  
Marine Ecosystem ◽  
Economic Valuation ◽  
Economic Value ◽  
Terrestrial Ecosystems ◽  
Services Research ◽  
Goods And Services ◽  
Geophysical Processes ◽  
Marine Ecosystem Services ◽  
Policy And Planning

Coastal and marine ecosystem (CME) services provide benefits to people through direct goods and services that may be harvested or enjoyed in situ and indirect services that regulate and support biological and geophysical processes now and in the future. In the past two decades, there has been an increase in the number of studies and journal articles designed to measure the economic value of the world’s CME services, although there is significantly less published research than for terrestrial ecosystems. This article provides a review of the literature on valuation of CME services along with a discussion of the theoretical and practical challenges that must be overcome to utilize valuation results in CME policy and planning at local, regional, and global scales. The review reveals that significant gaps exist in research and understanding of the broad range of CME services and their economic values. It also raises questions about the validity of aggregating ecosystem services as independent components to determine the value of a biome when there is little understanding of the relationships and feedbacks between ecosystems and the services they produce. Finally, the review indicates that economic valuation of CME services has had a negligible impact on the policy process in four main regions around the world. An alternative direction for CME services research would focus on valuing the world’s CME services in a wealth accounting framework.

An economic valuation of ecosystem services provided by the River Turia Natural Park (Valencia)

2019 ◽  
Vol 18 (2) ◽  
pp. 93
Author(s):  
V. Estruch-Guitart ◽  
A. Valls-Civera
Keyword(s):  
Ecosystem Services ◽  
Analytical Hierarchy Process ◽  
Ethical Issues ◽  
Economic Valuation ◽  
Economic Value ◽  
Analytic Network Process ◽  
Valuation Method ◽  
Natural Park ◽  
Network Process ◽  
Hierarchy Process

<p>The objective of this paper is to obtain the monetary value of ecosystem services provided by the Turia Natural Park (TNP). This paper proposes the use of the Analytic Multicriteria Valuation Method (AMUVAM) by replacing the Analytical Hierarchy Process (AHP) with the Analytic Network Process (ANP), since the ANP method allows to analyze interdependence relationships between the services provided by a system. The results express that the economic value of the ecosystem services associated to the TNP ranges between 163,946,752 € and 481,549,597 €. The results reveal distinct patterns in the valuation of the existing services due to ethical issues.</p>

scholarly journals An economic valuation of ecosystem services provided by the River Turia Natural Park (Valencia)

2019 ◽  
Vol 18 (2) ◽  
pp. 93
Author(s):  
V. Estruch-Guitart ◽  
A. Valls-Civera
Keyword(s):  
Ecosystem Services ◽  
Analytical Hierarchy Process ◽  
Ethical Issues ◽  
Economic Valuation ◽  
Economic Value ◽  
Analytic Network Process ◽  
Valuation Method ◽  
Natural Park ◽  
Network Process ◽  
Hierarchy Process

<p>The objective of this paper is to obtain the monetary value of ecosystem services provided by the Turia Natural Park (TNP). This paper proposes the use of the Analytic Multicriteria Valuation Method (AMUVAM) by replacing the Analytical Hierarchy Process (AHP) with the Analytic Network Process (ANP), since the ANP method allows to analyze interdependence relationships between the services provided by a system. The results express that the economic value of the ecosystem services associated to the TNP ranges between 163,946,752 € and 481,549,597 €. The results reveal distinct patterns in the valuation of the existing services due to ethical issues.</p>

scholarly journals Economic Valuation of Mangrove Ecosystem Services in Mandah District of Riau Province

2020 ◽  
Vol 007 (02) ◽  
pp. 142-156
Author(s):  
Hades Mandela ◽  
◽  
Achmad Fahrudin ◽  
Gatot Yulianto ◽  
Keyword(s):  
Ecosystem Services ◽  
Economic Valuation ◽  
Economic Value ◽  
Mangrove Ecosystem ◽  
Survey Method ◽  
Cultural Services ◽  
Mangrove Ecosystems ◽  
Total Economic Value ◽  
The Cost ◽  
Provisioning Services

Mangrove ecosystems become an important ecosystem for the community of Mandah district, this is because the community uses the mangrove ecosystem as a producer of mangrove wood, as well as a place to catch fish, shrimp, and crabs. Therefore, it is important to maintain the sustainability of mangrove ecosystems in multiple ways; one option is by providing an economic report regarding the mangrove ecosystem. The purpose of this study is to estimate the economic value of mangrove ecosystems. This research was conducted in Mandah District using the survey method. Data analysis using economic valuation by calculating the total economic value of mangrove ecosystem services, comprising: supporting services, provisioning services, regulating services, and cultural services. The results showed that the total economic value of mangrove ecosystem services which has an area of 31,007 Ha amounting to IDR 6,100,130,675,685/year or IDR 196,733,985/Ha/year consisting of the value of supporting services amounting to IDR 2,843,521,034,280/year, the value of provisioning services IDR 120,274,922,887/year, the cost of regulatory services is IDR 3,132,894,718,518/year, and the value of cultural services is IDR 3,440,000,000/year. The high economic value of regulating and supporting services indicates that the mangrove ecosystem has a high value of environmental services, so it needs to be preserved and the sustainability of the mangrove ecosystem to remain of high economic value.

scholarly journals The Strategy of Coastal Eco-Tourism Based on Cultural Ecosystem Services Approach: A Case Study in Ciletuh Bay

2021 ◽  
Vol 009 (01) ◽  
pp. 1-15
Author(s):  
Eka Yudhistira ◽  
◽  
Tridoyo Kusumastanto ◽  
Luky Adrianto ◽  
Fredinan Yulianda ◽  
...  
Keyword(s):  
Ecosystem Services ◽  
Social Economic ◽  
Supply And Demand ◽  
Economic Valuation ◽  
Economic Value ◽  
Cultural Ecosystem Services ◽  
Sustainability Research ◽  
The Government ◽  
The Many

Ciletuh Bay has a natural magnificence that attracts local and foreign tourists. Tourist interest was reflected by the many visits demanding the government manage it properly to achieve social, economic, and ecological sustainability. Research on the assessment of cultural ecosystem services in Ciletuh Bay has not been carried out. At the same time, this is necessary for policymakers to maintain sustainable Ciletuh Bay coastal ecotourism. This study aims to estimate the value of cultural ecosystem services in Ciletuh Bay in two ways. The first method is assessing the balance of supply and demand for cultural ecosystem services that adopt the Burkhard Model, namely through individual preferences for the beauty of several types of landscapes in Ciletuh Bay. The second assessment is an economic valuation using the travel cost method (TCM). The results showed that the balance of supply and demand for cultural ecosystem services in Ciletuh Bay contained several types of landscapes in unstable conditions. The economic value of Ciletuh Bay coastal ecotourism is IDR 862,640,124,311.00/year or IDR 77,911,861.00/ha/year.

scholarly journals Economic valuation of ecosystem services in Africa

2020 ◽  
Vol 183 ◽  
pp. 01002
Author(s):  
Aya Jamouli ◽  
Khali Allali
Keyword(s):  
Ecosystem Services ◽  
Choice Experiment ◽  
Web Of Science ◽  
Economic Valuation ◽  
Market Price ◽  
Well Being ◽  
Future Research ◽  
Valuation Methods ◽  
The Past ◽  
The Web

Ecosystems provide vital services that improve and support livelihoods and human well-being. Consequently, scientific research on ecosystem services (ES) has increased, over the past two decades globally, as well as in Africa. This study provides an overview of existing economic ES valuation methods in Africa using the Web of Science databases. The results highlighted that South Africa recorded the high number of ES valuation publications. The most evaluated ES category was provisioning then regulating services. In terms of economic valuation methods, the market price was the most popular, followed by the contingent valuation and the choice experiment methods. Recommendations are provided for future research in this filed.

scholarly journals The mismeasure of nature: the political ecology of economic valuation of Tiger Reserves in India

2019 ◽  
Vol 26 (1) ◽  
pp. 652 ◽  
Author(s):  
Ajit Menon ◽  
Nitin D Rai
Keyword(s):  
Ecosystem Services ◽  
Political Ecology ◽  
Key Words ◽  
Economic Valuation ◽  
Economic Value ◽  
Ways Of Knowing ◽  
Well Being ◽  
The Political ◽  
Indian State ◽  
Institutional Contexts

<p>The Indian state has conserved tigers by establishing reserves that are governed as a form of fortress conservation. Residence and local uses in these tiger reserves are often criminalized. It is in this context that we critique recent neoliberal attempts to estimate the economic value of ecosystem services from tiger reserves. Proponents of valuation argue that it will not only provide a justification for the reserves, but also recognize the importance of ecosystem services for human well-being. We use a political ecology approach to argue that economic valuation is never a benign tool, but is situated in wider institutional contexts that favor certain actors over others. In India, protected areas are being valued even as people living within them are being evicted and their use of the forest restricted. We draw from fieldwork in the Biligiri Rangaswamy Temple Hills of Karnataka and conversations with Soligas. We ask how nature is made legible and who benefits from such legibility? We suggest that economic valuation can hide complex human-nature relationships and undermine different ways of knowing and 'valuing' landscapes.</p><p><strong>Key Words</strong>: tiger reserves, Karnataka, economic valuation</p>

scholarly journals The Valuation of Recreational Use of Wetlands and the Impact of the Economic Crisis

2020 ◽  
Vol 17 (9) ◽  
pp. 3228
Author(s):  
Fernando Vidal Gimenez ◽  
Claudio Ruiz Mas
Keyword(s):  
Economic Crisis ◽  
Contingent Valuation Method ◽  
Economic Valuation ◽  
Economic Value ◽  
Environmental Resources ◽  
Public Managers ◽  
Valuation Method ◽  
Recreational Services ◽  
The Impact ◽  
Valuation Tools

The economic valuation of environmental resources is of great interest to society in general and to public managers in particular. It can promote more sustainable environmental policies, as it clearly shows the high economic value of natural resources. Thus, these valuation tools can provide useful evidence to support such policies by quantifying the economic value associated with the protection of such resources. However, there is an inherent difficulty in the implementation of methods to assess the economic valuation of environmental resources, mainly as a result of the absence of a market and hence a price that explains its social demand. However, both the travel cost method and the contingent valuation method used in this paper offer an approach to the economic values of the recreational services for wetlands. The aim is to analyze whether these values have been influenced by the economic crisis, so two time periods are compared separated for a decade. Results do not show an unequivocal influence between values in both periods, with different behaviors among natural areas, although with a certain tendency to increase in the decade being analyzed.

scholarly journals The Economic Value of Laem Phak Bia Mangrove Ecosystem Services in Phetchaburi Province, Thailand

2014 ◽  
Vol 8 (5) ◽  
pp. 36 ◽  
Author(s):  
Sitthinan Wiwatthanapornchai ◽  
Chucheep Piputsitee ◽  
Samakkee Boonyawat
Keyword(s):  
Ecosystem Services ◽  
Economic Valuation ◽  
Economic Value ◽  
Mangrove Ecosystem ◽  
Development Project ◽  
Environmental Research ◽  
Mangrove Area ◽  
Regulation Functions ◽  
Set Up ◽  
The One

Thailand is a one of the nation in Southeast Asia, covered by numerous mangrove areas approximately 244,000 hectares. Phetchaburi province is the one of the province in Thailand where the mangrove area has been increasing continually since King’s Royally Initiated Laem Phak Bia Environmental Research and Development Project has been set up. The mangrove ecosystems functions are vital to the livelihood of the surrounding community. Laem Phak Bia community is one that has been served from mangrove ecosystem services. This study assessed the economic value of Laem Phak Bia mangrove ecosystem services in an area approximately 237.44 hectares using Participatory Economic Valuation (PEV) by the villagers ranking and rating the importance of mangrove ecosystem services with a valuable thing for living that is the rice value. The results showed that this mangrove area was worth a total economic value about 100 million Baht per year or 424 thousand Baht per hectares per year. It could be divided into the value of regulation functions, production functions, habitat functions and information functions, which were about 38, 8, 25, and 29 million Baht per year, respectively.

scholarly journals Attitudes and Preferences towards Soil-Based Ecosystem Services: How Do They Vary across Space?

2021 ◽  
Vol 13 (16) ◽  
pp. 8722
Author(s):  
Luisa Fernanda Eusse-Villa ◽  
Cristiano Franceschinis ◽  
Mara Thiene ◽  
Jürgen Meyerhoff ◽  
Alex McBratney ◽  
...  
Keyword(s):  
Ecosystem Services ◽  
Spatial Heterogeneity ◽  
Soil Conservation ◽  
Choice Experiment ◽  
Economic Valuation ◽  
Well Being ◽  
Geographic Pattern ◽  
Soil Resources ◽  
Positive Attitudes ◽  
Soil Ecosystem Services

Soil ecosystem services (ES) provide multiple benefits to human well-being, but the failure to appreciate them has led to soil degradation issues across the globe. Despite an increasing interest in the threats to soil resources, economic valuation in this context is limited. Importantly, most of the existing valuation studies do not account for the spatial distribution of benefits that soil ES provide to the population. In this study, we present the results of a choice experiment (CE) aimed at investigating spatial heterogeneity of attitudes and preferences towards soil conservation and soil ES. We explored spatial heterogeneity of both attitudes and welfare measures via GIS techniques. We found that citizens of the Veneto Region (Northeast Italy) generally have positive attitudes towards soil conservation. We also find positive willingness-to-pay (WTP) values for soil ES in most of the study area and a considerable degree of heterogeneity in the spatial taste distribution. Finally, our results suggest that respondents with pro-environmental attitudes display a higher WTP based on the geographic pattern of the distribution of WTP values and attitudinal scores across the area.

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