Is There A Quick Path For Valuation Of Ecosystem Services?-A Comparative Study In Xiu River, China

Abstract

This paper uses the valuation of Xiu River Hydrological Regulating services in Jiangxi province, China as a case study to compare 3 methods to value the ecosystem services, i.e improved contingent valuation method, choice based conjoint analysis and special benefit transfer method. Willingness to pay is estimated by using Logit and Clogit with contrasting controls for non-protests residents. This study discusses the implications of these findings and direction for related future researches into the ecosystem services valuation in China. Appropriate methods should be used for different valuation proposes, rather than blindly using special benefit transfer method just for its convenience. China should construct Ecosystem services value table based on Chinese case studies.