Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86672
Authors: 
Ghermandi, Andrea
van den Bergh, Jeroen C.J.M.
Brander, Luke M.
de Groot, Henri L.F.
Nunes, Paulo A.L.D.
Year of Publication: 
2009
Series/Report no.: 
Tinbergen Institute Discussion Paper 09-080/3
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.
Subjects: 
constructed ecosystems
economic valuation
constructed wetlands
meta-regression
wetland values
JEL: 
C81
Q24
Document Type: 
Working Paper

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