A guiding framework for ecosystem services monetization in ecological-economic modeling

Ecosystem Services

Volumn 8, Issue , 2014, Pages 86-96

  Cordier, Mateo ^a,c   Pérez Agúndez, José A ^b   Hecq, Walter ^c   Hamaide, Bertrand ^d  

^a CEARC EA 4455 University of Versailles Saint Quentin en Yvelines OVSQ   (France)

^b Universite de Brest   (France)

^c UNIVERSITÉ LIBRE DE BRUXELLES   (Belgium)

^d FACULTÉS UNIVERSITAIRES SAINT LOUIS   (Belgium)

Author keywords

Dynamic model; Ecological economic interactions; Ecosystem services; Input output model; Monetary valuation; Monetization limits

Indexed keywords

EID: 84902241066     PISSN: 22120416     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ecoser.2014.03.003     Document Type: Article

References (51)

1. Ackerman F. Priceless benefits, costly mistakes: what[U+05F3]s wrong with cost-benefit analysis?. Post-autist. Econ. Rev. 2004, 25:2-7.
2. Ashford N.A. Alternatives to cost-benefit analysis in regulatory decisions. Annu. N. Y. Acad. Sci. 1981, 363:129-137.
3. Beaumais O., Laroutis D., Chakir R. Conservation versus conversion des zones humides: une analyse comparative appliquée à l'estuaire de la Seine. Rev. d[U+05F3]Écon. Rég. Urb. 2008, 565-590.
4. Boyd J., Banzhaf S. What are ecosystem services? The need for standardized environmental accounting units. Ecol. Econ. 2007, 63(2-3):616-626.
5. Carbone J.C., Smith V.Kerry Valuing nature in a general equilibrium. J. Environ. Econ. Manag. 2013, 66:72-89.
6. Carpenter S.R., De Fries R., et al. Millennium ecosystem assessment: research needs. Science 2006, 314(5797):257-258.
7. Carpentier, C.L., 1994. Agriculture and the environment: an economic-ecological input-output model of the Canadian economy (PhD thesis). McGill University, Montreal, pp. 121.
8. Carson R.T., Hanemann W.M. Contingent valuation. Handbook of Environmental Economics 2005, Vol 2:821-937. Elsevier Publishing, Netherlands, (Chapter 17).
9. Cordier M., Pérez Agúndez J.A., O'Connor M., Rochette S., Hecq W. Quantification of interdependencies between economic systems and ecosystem services: an input-output model applied to the Seine estuary. Ecol. Econ. 2011, 70(9):1660-1671.
10. Costanza R., d'Arge R., de Groot R.S., Farber S., Grasso M., Hannon B., Limburg K., Naeem S., O'Neill R.V., Paruelo J., Raskin R.G., Sutton P., van den Belt M. The value of the world's ecosystem services and natural capital. Nature 1997, 387:253-260.
11. Cumberland J.H. A regional inter-industry model for the analysis of development objectives. Pap. Reg. Sci. 1966, 17:64-94.
12. Daily G., Polasky S., Goldstein J., Kareiva P.M., Mooney H.A., Pejchar L., Ricketts T.H., Salzman J., Shallenberger R. Ecosystem services in decision-making: time to deliver. Front. Ecol. Environ. 2009, 7(1):21-28.
13. Daily G.C. Introduction: what are ecosystem services. Nature[U+05F3]s Services 1997, 1-10. Island Press, Washington DC. G.C. Daily (Ed.).
14. Daly H.E. On Economics as a Life Science. J. Polit. Econ. 1968, 76:392-406.
15. de Groot R.S., Wilson M.A., Boumans R.M.J. A typology for the classification, description and valuation of ecosystem functions, goods and services. Ecol. Econ. 2002, 41:393-408.
16. de Groot R.S. Functions of Nature: Evaluation of Nature in Environmental Planning, Management and Decision Making 1992, 315. Wolters-Noordhoff BV, Groningen.
17. Fisher B., Turner K.R., Morling P. Defining and classifying ecosystem services for decision making. Ecol. Econ. 2009, 68:643-653.
18. García-Llorente M., Martin-Lopez B., Diaz S., Montes C. Can ecosystem properties be fully translated into service values? An economic valuation of aquatic plants services. Ecol. Appl. 2011, 21:3083-3103.
19. Garcia-Llorente M., Martin-Lopez B., Nunes P., Castro A., Montes C. A choice experiment study for land-use scenarios in semi-arid watershed environments. J. Arid Environ. 2012, 87:219-230.
20. Gohin A. The specification of price and income elasticities in computable general equilibrium models: an application of latent separability. Econ. Models 2005, 22(5):905-925.
21. Gomez-Baggethun E., de Groot R. Natural capital and ecosystem services: the ecological foundation of human society. Ecosystem Services 2010, 105-121. RSC Publishing, London, UK, (Chapter 5). R. Harrison, R. Hester (Eds.).
22. Grêt-Regamey A., Kytzia S. Integrating the valuation of ecosystem services into the Input-output economics of an Alpine region. Ecol. Econ. 2007, 63:786-798.
23. Haines-Young R., Potschin M. The links between biodiversity, ecosystem services and human well-being. Ecosystems Ecology: A New Synthesis 2010, 2010:110-139. Cambridge University Press, Cambridge.
24. Hannon B. Ecological pricing and economic efficiency. Ecol. Econ. 2001, 36:19-30.
25. Insee. Revenus des ménages-Revenus primaires-Revenus de la propriété. Accessed in 2010.
26. Isard, W., 1968. Some Notes on the Linkage of Ecological and Economic Systems. Paper presented at the European Congress of the Regional Science Association, Budapest.
27. Jin D., Hoagland P., Dalton T.M. Linking economic and ecological models for a marine ecosystem. Ecol. Econ. 2003, 46:367-385.
28. Johnston R.J., Russell M. An operational structure for clarity in ecosystem service values. Ecol. Econ. 2011, 70(13):2243-2249.
29. Johnston R.J., Schultz E.T., Segerson K., Besedin E.Y., Ramachandran M. Stated preferences for intermediate versus final ecosystem services: disentangling willingness to pay for omitted outcomes. Agric. Res. Econ. Rev. 2013, 42:98-118.
30. Kontogianni A., Luck G.W., Skourtos M. Valuing ecosystem services on the basis of service-providing units: a potential approach to address the 'endpoint problem' and improve stated preference methods. Ecol. Econ. 2010, 69:1479-1487.
31. Leontief W. Environmental repercussions and the economic structure: an input-output approach. Rev. Econ. Stat. 1970, 52(3):262-271.
32. Leontief W. Essais d'économiques 1974, 316. Calman Lévy, Paris.
33. Lixon B., Thomassin P.J., Hamaide B. Industrial output restriction and the Kyoto protocol: an input-output approach with application to Canada. Ecol. Econ. 2008, 68:249-258.
34. Markandya A., Hunt A., Milborrow I. Developments in green accounting. Green Accounting in Europe. A Comparative Study 2005, vol. 2:15-33. Edward Elgar, Cheltenham Publishing Ltd., United Kingdom.
35. McDonald, G., 2005. Integrating Economics and Ecology: A Systems Approach to Sustainability in the Auckland Region (PhD thesis). Massey University, Palmerston North, New Zealand, p. 597.
36. Millennium Ecosystem Assessment (MA) Ecosystems and Human Well- being 2005, 750. Synthesis, Island Press, Washington DC,.
37. Miller R.E., Blair P.D. Input-output Analysis. Foundations and Extensions 2009, 750. Cambridge University Press, United-Kingdom.
38. O'Connor M. Naturalcapital, Environmental Valuation in Europe. Policy Research 2000, 15-33. Brief, Cambridge.
39. Pearce D.W., Atkinson G., Mourato S. Cost-benefit Analysis and the Environment: Recent Developments 2006, OECD Publishing, Paris, France.
40. Plummer M.L. Assessing benefit transfer for the valuation of ecosystem services. Front. Ecol. Environ. 2009, 7(1):38-45.
41. Polasky S., Nelson E., Pennington D., Johnson K.A. The impact of land-use change on ecosystem services, biodiversity and returns to landowners: a case study in the State of Minnesota. Environ. Res. Econ. 2011, 48:219-242.
42. Rowlands I., Scott D., Parker P. Consumers and green electricity: profiling potential purchasers. Bus. Strat. Environ. 2003, 12:36-48.
43. Sachs J.D., Reid W.V. Environment - investments toward sustainable development. Science 2006, 312(5776):1002.
44. Smith V., Kerry, Desvouges W.H., Fisher A. A comparison of direct and indirect methods for estimating environmental benefits. Am. J. Agric. Econ. 1986, 68(2):280-290.
45. Spash C., Urama K., Burton R., Kenyon W., Shannon P., Hill G. Motives behind willingness to pay for improving biodiversity in a water ecosystem: economics, ethics and social psychology. Ecol. Econ. 2009, 68(4):955-964.
46. Takatsuka Y., Cullen R., Wilson M., Wratten S. Using stated preference techniques to value four key ecosystem services on New Zealand arable land. Int. J. Agr. Sustain. 2009, 7:279-291.
47. Turner K., Georgiou S., Clark R., Brouwer R., Burke J. Economic Valuation of Water Resources in Agriculture: From the Sectoral to a Functional Perspective of Natural Resource Management 2004, 189. FAO, Rome.
48. Turner R.K. Markets and environmental quality. The Oxford Handbook of Economic Geography 1999, 585-606. Oxford University Press, Oxford. G.L. Clark, M.P. Feldman, M.S. Gertler (Eds.).
49. Venkatachalam L. Environmental economics and ecological economics: where they can converge?. Ecol. Econ. 2007, 61:550-558.
50. Victor A.P. Pollution: Economy and Environment 1972, 247. Georges Allen &Unwin Ltd., Great Britain.
51. Wincler R. Valuation of ecosystem goods and services Part 1: an integrated dynamic approach. Ecol. Econ. 2006, 59:82-93.