Integrating Ecology and Economics for Restoration: Using Ecological Indicators in Valuation of Ecosystem Services

Restoration Ecology

Volumn 20, Issue 3, 2012, Pages 304-310

  Schultz, Eric T ^a   Johnston, Robert J ^b   Segerson, Kathleen ^a   Besedin, Elena Y ^c  

^a UNIVERSITY OF CONNECTICUT   (United States)

^b CLARK UNIVERSITY   (United States)

^c ABT ASSOCIATES   (United States)

Author keywords

Aquatic ecology; Choice experiment; Fish passage; Nonmarket; Stated preference; Survey

Indexed keywords

AQUATIC ECOSYSTEM; ECOSYSTEM SERVICE; FISH; RESTORATION ECOLOGY; VALUATION;

EID: 84860129761     PISSN: 10612971     EISSN: 1526100X     Source Type: Journal    
DOI: 10.1111/j.1526-100X.2011.00854.x     Document Type: Review

References (45)

1. Adamowicz W., P. Boxall, M. Williams, and J. Louviere. 1998. Stated preference approaches for measuring passive use values: choice experiments and contingent valuation. American Journal of Agricultural Economics 80:64-75.
2. Alkemade R., M. Van Oorschot, L. Miles, C. Nellemann, M. Bakkenes, and B. Ten Brink. 2009. GLOBIO3: a framework to investigate options for reducing global terrestrial biodiversity loss. Ecosystems 12:374-390.
3. Bateman I. J., G. M. Mace, C. Fezzi, G. Atkinson, and K. Turner. 2011. Economic analysis for ecosystem service assessments. Environmental & Resource Economics 48:177-218.
4. Bateman I. J., R. T. Carson, B. Day, M. Hanemann, N. Hanley, T. Hett, et al. 2002. Economic valuation with stated preference surveys: a manual. Edward Elgar, Northampton, Massachusetts.
5. Bateman I. J., M. A. Cole, S. Georgiou, and D. J. Hadley. 2006. Comparing contingent valuation and contingent ranking: a case study considering the benefits of urban river water quality improvements. Journal of Environmental Management 79:221-231.
6. Birol E., and V. Cox. 2007. Using choice experiments to design wetland management programmes: the case of Severn Estuary wetland, UK. Journal of Environmental Planning and Management 50:363-380.
7. Birol E., K. Karousakis, and P. Koundouri. 2006. Using a choice experiment to account for preference heterogeneity in wetland attributes: the case of Cheimaditida wetland in Greece. Ecological Economics 60:145-156.
8. Bockstael N. E., A. M. Freeman, R. J. Kopp, P. R. Portney, and V. K. Smith. 2000. On measuring economic values for nature. Environmental Science & Technology 34:1384-1389.
9. Boyd J., and S. Banzhaf. 2007. What are ecosystem services? The need for standardized environmental accounting units. Ecological Economics 63:616-626.
10. Carson R. T. 1998. Valuation of tropical rainforests: philosophical and practical issues in the use of contingent valuation. Ecological Economics 24:15-29.
11. Christie M., and C. D. Azevedo. 2009. Testing the consistency between standard contingent valuation, repeated contingent valuation and choice experiments. Journal of Agricultural Economics 60:154-170.
12. Christie M., N. Hanley, J. Warren, K. Murphy, R. Wright, and T. Hyde. 2006. Valuing the diversity of biodiversity. Ecological Economics 58:304-317.
13. Deegan L. A., J. T. Finn, S. G. Ayvazian, C. A. Ryder-Kieffer, and J. Buonaccorsi. 1997. Development and validation of an Estuarine Biotic Integrity Index. Estuaries 20:601-617.
14. Del Saz-Salazar S., F. Hernandez-Sancho, and R. Sala-Garrido. 2009. The social benefits of restoring water quality in the context of the water framework directive: a comparison of willingness to pay and willingness to accept. Science of the Total Environment 407:4574-4583.
15. Do T. N., and J. Bennett. 2009. Estimating wetland biodiversity values: a choice modelling application in Vietnam's Mekong River Delta. Environment and Development Economics 14:163-186.
16. Fenichel E. P., F. Lupi, J. P. Hoehn, and M. D. Kaplowitz. 2009. Split-sample tests of "no opinion" responses in an attribute-based choice model. Land Economics 85:348-362.
17. Fisher B., K. Turner, M. Zylstra, R. Brouwer, R. De Groot, S. Farber, et al. 2008. Ecosystem services and economic theory: integration for policy-relevant research. Ecological Applications 18:2050-2067.
18. Freeman A. M., III. 2003. The measurement of environmental and resource values: theory and methods. Resources for the Future, Inc., Washington, DC.
19. Hanley N., R. E. Wright, and B. Alvarez-Farizo. 2006a. Estimating the economic value of improvements in river ecology using choice experiments: an application to the water framework directive. Journal of Environmental Management 78:183-193.
20. Hanley N., S. Colombo, D. Tinch, A. Black, and A. Aftab. 2006b. Estimating the benefits of water quality improvements under the water framework directive: are benefits transferable? European Review of Agricultural Economics 33:391-413.
21. Heberlein T. A., M. A. Wilson, R. C. Bishop, and N. C. Schaeffer. 2005. Rethinking the scope test as a criterion for validity in contingent valuation. Journal of Environmental Economics and Management 50:1-22.
22. Hoehn J. P., F. Lupi, and M. D. Kaplowitz. 2010. Stated choice experiments with complex ecosystem changes: the effect of information formats on estimated variances and choice parameters. Journal of Agricultural and Resource Economics 35:568-590.
23. Håkansson C. 2009. Costs and benefits of improving wild salmon passage in a regulated river. Journal of Environmental Planning and Management 52:345-363.
24. Jackson L. E., J. C. Kurtz, and W. S. Fisher. 2000. Evaluation Guidelines for Ecological Indicators. EPA/620/R-99/005. US EPA, Washington, DC.
25. Johnston R. J., E. T. Schultz, K. Segerson, E. Y. Besedin, and M. Ramachandran. 2012. Enhancing the content validity of stated preference valuation: the structure and function of ecological indicators. Land Economics 88. In press.
26. Jordan S. J., and L. M. Smith. 2005. Indicators of ecosystem integrity for estuaries. Pages 467-480 in Bortone, S. A., editor. Estuarine indicators. CRC Press, Boca Raton, Florida.
27. Kataria M. 2009. Willingness to pay for environmental improvements in hydropower regulated rivers. Energy Economics 31:69-76.
28. Kerr G. N., and B. M. H. Sharp. 2008. Evaluating off-site environmental mitigation using choice modelling. Australian Journal of Agricultural and Resource Economics 52:381-399.
29. Luisetti T., I. J. Bateman, and R. K. Turner. 2011. Testing the fundamental assumption of choice experiments: are values absolute or relative? Land Economics 87:284-296.
30. Martin-Ortega J., G. Giannoccaro, and J. Berbel. 2011. Environmental and resource costs under water scarcity conditions: an estimation in the context of the European water framework directive. Water Resources Management 25:1615-1633.
31. Mcintosh C. R., J. F. Shogren, and D. C. Finnoff. 2010. Invasive species and delaying the inevitable: valuation evidence from a national survey. Ecological Economics 69:632-640.
32. Mebane C. A., T. R. Maret, and R. M. Hughes. 2003. An index of biological integrity (IBI) for Pacific Northwest Rivers. Transactions of the American Fisheries Society 132:239-261.
33. Milon J. W., and D. Scrogin. 2006. Latent preferences and valuation of wetland ecosystem restoration. Ecological Economics 56:162-175.
34. Morgan R. P., and S. F. Cushman. 2005. Urbanization effects on stream fish assemblages in Maryland, USA. Journal of the North American Benthological Society 24:643-655.
35. Nakatani J., T. Aramaki, and K. Hanaki. 2007. Applying choice experiments to valuing the different types of environmental issues in Japan. Journal of Environmental Management 84:362-376.
36. Naweedi M. J. 2005. Environmental indicators as performance measures for improving estuarine environmental quality. Pages 451-465 in Bortone, S. A., editor. Estuarine indicators. CRC Press, Boca Raton, Florida.
37. Nichols E., S. Spector, J. Louzada, T. Larsen, S. Amezquita, and M. E. Favila. 2008. Ecological functions and ecosystem services provided by Scarabaeinae dung beetles. Biological Conservation 141:1461-1474.
38. Niemi G. J., and M. E. McDonald. 2007. Application of ecological indicators. Annual Review of Ecology and Systematics 35:89-111.
39. Pattison J., P. C. Boxall, and W. L. Adamowicz. 2011. The economic benefits of wetland retention and restoration in Manitoba. Canadian Journal of Agricultural Economics 59:223-244.
40. Powe N. 2007. Redesigning environmental valuation: mixing methods within stated preference techniques. Edward Elgar, Cheltenham, UK.
41. Sijtsma F. J., C. M. v. d. Heide, and A. v. Hinsberg. 2011. Biodiversity and decision-support: integrating CBA and MCA. in Hull, A. Alexander, E. Khakee, A., and Woltjer, J., editors. Evaluation for participation and sustainability in planning. Routledge, London.
42. Tseng W. C., and C. C. Chen. 2008. Valuing the potential economic impact of climate change on the Taiwan trout. Ecological Economics 65:282-291.
43. Turner R., and G. Daily. 2008. The ecosystem services framework and natural capital conservation. Environmental and Resource Economics 39:25-35.
44. US EPA Science Advisory Board. 2009. Valuing the Protection of Ecological Systems and Services. EPA-SAB-09-012.
45. Zander K. K., and A. Straton. 2010. An economic assessment of the value of tropical river ecosystem services: heterogeneous preferences among Aboriginal and non-Aboriginal Australians. Ecological Economics 69: 2417-2426.