Valuing Estuarine Resource Services Using Economic and Ecological Models: The Peconic Estuary System Study

Johnston, Robert J.; Grigalunas, Thomas A.; Opaluch, James J.; Mazzotta, Marisa J.; Diamantedes, Jerry

doi:10.1080/08920750252692616

Cited by 86 publications

(51 citation statements)

References 21 publications

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“…Table 1 shows the range of coastline length of the valued sites calculated as the length of the polyline features (see also Figure 3). Johnston et al 2002;Lipton 2004;Marangon et al 2002;Scherrer 2003;Whitehead et al 2000 b Ballance et al 2000;Bateman et al 2001;Blackwell 2007;Chen et al 2004;Choe et al 1996;Dharmaratne et al 2000;Hanley et al 2003;Judge et al 1995;King 1995;Kosenius 2004;Landry et al 2003;Lee & Han 2002;Machado & Mourato 1999;McConnell 1986;Mourato et al 2003;Nunes & van den Bergh 2004;Oh et al 2008;Parsons et al 2009;Pitt 1997;Saengsupavanich et al 2008;Whitehead et al 2008ac Ahmed et al 2007Arin & Kramer 2002;Asafu-Adjaye & Tapsuwan 2008;Bhat 2003;Carr & Mendelsohn 2003;Casey et al 2010;Cesar 2003;Cesar & van Beukering 2004;Dharmaratne et al 2000;Edwards 2009;Kragt et al 2006;Leeworthy & Bowker 1997;Nam & Son 2004;N...…”

Section: Primary Values Of Coastal Recreationmentioning

confidence: 99%

A Global Map of Costal Recreation Values: Results from a Spatially Explicit Based Meta-Analysis

Ghermandi¹,

Nunes

2011

SSRN Journal

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The welfare dimension of the recreational services provided by global coastal ecosystems is examined through a meta-analytical regression-based valuation approach. First, we construct a global, state-of-the-art database of stated and revealed preference estimates on coastal recreation, which includes also the grey literature and with the latest entry updated to February 2010. Second, the profile of each of the 253 observations of our dataset, which correspond to individual value estimates, was further enriched with characteristics of the built coastal environment (site accessibility, anthropogenic pressure, level of human development), characteristics of the natural coastal environment (presence of protected area, type of ecosystem, and marine biodiversity richness), geo-climatic factors (temperature and precipitation), as well as sociopolitical characteristics, such as the political stability index. In this context, the proposed meta-analytical valuation exercise explores the spatially explicit dimension of the values building upon Geographic Information System (GIS) tools. GIS are relied upon for the spatial characterization of the valued ecosystems, the determination of the role of spatially explicit variables in the meta analytical value transfer model, as well as for the value transfer exercise. The GIS characterization is observed to be extremely significant in explaining the spatial diversity of the estimates values and underlying explanatory factors. The resulting integrated valuation framework constitutes a worldwide première and it results in the first global map of the recreational value of coastal ecosystems. We argue that the presented global map may play an important role in studying the prioritization for the conservation of coastal areas from a social perspective. Although the number of applications of such techniques to coastal recreation is rapidly growing, non-market valuation studies typically have a limited geographical scope and are restricted in the range of socio-economic contexts that they consider. KeywordsValue transfer techniques are an attractive option for policy-makers facing pressing time and budget constraints when reliable primary valuation data are absent. 2Value transfer makes use of results from earlier empirical studies and applies their conclusions -according to a well-codified set of rules -to a policy site that differs from that of the study for which the values were originally estimated (Boyle & Bergstrom 1992;Florax et al. 2002;Nijkamp et al. 2008). Since local characteristics such as the accessibility of a site to potential users are crucial in determining the extent of coastal tourism and recreation, value transfer is particularly challenging when study and policy sites are located in different geographic and socio-economic contexts. This is because valuation studies generally focus on a single site or group of sites within a homogeneous context and such dependence from the context is left implicit in the analysis (Liu et al. forthcoming). Meta-analysis is the only ...

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Section: Primary Values Of Coastal Recreationmentioning

confidence: 99%

A Global Map of Costal Recreation Values: Results from a Spatially Explicit Based Meta-Analysis

Ghermandi¹,

Nunes

2011

SSRN Journal

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“…Much of the land that will be lost over the next 25 to 50 years is wetlands. A valuable characteristic of wetlands is their ability to slow down or reduce effects of storm surge (see, e.g., Kawabe and Oka, 1996;Tovilla-Hernandez et al, 2001, Johnston, et al 2002Wilson and Farber, undated;Costanza, et al 2008). As such, the storm protection services from coastal land are a predominant ecosystem service with relatively well-defined links to the rest of the economic system.…”

Section: Flows Of Economic Activitymentioning

confidence: 99%

Economic Evaluation of Coastal Land Loss in Louisiana

Barnes¹,

Bond²,

Burger³

et al. 2017

Journal of Ocean and Coastal Economics

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Louisiana has lost approximately 1,880 square miles of land over the past eighty years. Projections suggest that in a future without action, the next fifty years could result in the loss of 1,750 additional square miles of land area. As land loss continues, a large portion of the natural and man-made capital stocks of coastal Louisiana will be at greater risk of damage, either from land loss or from the associated increase in storm damage. We estimate the replacement cost of capital stock directly at risk from land loss ranges from approximately $2

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“…Provides unique and aesthetic landscape, suitable habitat for diverse fauna and flora Tourism, recreation, education, and research Creel and Loomis (1992), Bergstrom and Stoll (1993), Cooper and Loomis (1993), King and Lester (1995), Bateman and Langford (1997), Hammitt et al (2001), Johnston et al (2002), Carlsson et al (2003), Othman et al (2004), Brouwer and Bateman (2005), Birol et al (2006), Birol and Cox (2007), Do and Bennet (2008), Jenkins et al (2010).…”

Section: Maintenance Of Temperature Precipitationmentioning

confidence: 99%

“…Maintains fishing, hunting and foraging activities Freeman (1991), Swallow (1994), Bell (1997), Barbier and Strand (1998), Janssen and Padilla (1999), Johnston et al (2002), Barbier (2007), Smith (2007), Aburto-Oropeza et al (2008), Sanchirico and Mumby (2009).…”

Section: Maintenance Of Temperature Precipitationmentioning

confidence: 99%

Wetlands as natural assets

Barbier

2011

Hydrological Sciences Journal

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As the services of wetlands are uniquely related to hydrological processes, they result in a wide range of benefits to humankind. Although this facilitates the characterization of wetlands as natural assets, there are measurement problems. Because wetland services are nearly always non-marketed, they need to be explicitly valued to determine the trade-offs between development and conservation of wetlands. Two case studies, a floodplain in northern Nigeria and mangroves in southern Thailand, illustrate the issues involved. In the case of Nigeria, the natural capital is the river floodplain, and the trade-off is the upstream water diversion compared to the downstream flooding benefits to farming, fishery and forestry, as well as groundwater recharge. In the case of Thailand, the natural capital is the mangrove system, and the trade-off is the conversion to shrimp farms, as opposed to the mangrove benefits of locally harvested products, habitat-fishery linkages and storm protection.Key words economic valuation; ecosystem services; floodplain; mangrove; hydrological services; natural asset; Nigeria; Thailand; wetlands Les zones humides en tant que biens naturelsRésumé Bien que les services des zones humides soient particulièrement associés aux processus hydrologiques, ils produisent toute une gamme de bénéfices pour l'humanité. Si cela facilite la caractérisation des zones humides en tant que biens naturels, il y a cependant des problèmes de mesure. Parce que les services rendus par les zones humides ne sont presque jamais sur des marchés, ils doivent être évalués de façon explicite pour déterminer le compromis entre le développement et la conservation des zones humides. Deux études de cas, une zone inondable au nord du Nigéria et des mangroves au sud de la Thaïlande, illustrent les problèmes rencontrés. Dans le cas du Nigéria, le bien naturel est la zone inondable et le compromis est le détournement d'eau en amont comparé aux bénéfices, apportés par les inondations en aval, pour l'agriculture, la pisciculture et l'exploitation forestière, ainsi que la recharge des nappes. Dans le cas de la Thaïlande, le bien naturel est le système de mangroves et le compromis est la conversion à l'élevage de crevettes opposé aux bénéfices venant des mangroves : récoltes locales de produits, liens entre habitat et pisciculture et protection contres les tempêtes.

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Valuing Estuarine Resource Services Using Economic and Ecological Models: The Peconic Estuary System Study

Cited by 86 publications

References 21 publications

A Global Map of Costal Recreation Values: Results from a Spatially Explicit Based Meta-Analysis

A Global Map of Costal Recreation Values: Results from a Spatially Explicit Based Meta-Analysis

Economic Evaluation of Coastal Land Loss in Louisiana

Wetlands as natural assets

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