TY - JOUR
T1 - The economic value of wetland services
T2 - A meta-analysis
AU - Woodward, Richard T.
AU - Wui, Yong Suhk
PY - 2001/5
Y1 - 2001/5
N2 - The number of studies quantify the value of wetlands and the services provided by these ecosystems is rapidly expanding. The time is ripe for an assessment of what has been learned from this literature. Using results from 39 studies, we evaluate the relative value of different wetland services, the sources of bias in wetland valuation and the returns to scale exhibited in wetland values. While some general trends are beginning to emerge, the prediction of a wetland's value based on previous studies remains highly uncertain and the need for site-specific valuation efforts remains large.
AB - The number of studies quantify the value of wetlands and the services provided by these ecosystems is rapidly expanding. The time is ripe for an assessment of what has been learned from this literature. Using results from 39 studies, we evaluate the relative value of different wetland services, the sources of bias in wetland valuation and the returns to scale exhibited in wetland values. While some general trends are beginning to emerge, the prediction of a wetland's value based on previous studies remains highly uncertain and the need for site-specific valuation efforts remains large.
UR - http://www.scopus.com/inward/record.url?scp=0035000641&partnerID=8YFLogxK
U2 - 10.1016/S0921-8009(00)00276-7
DO - 10.1016/S0921-8009(00)00276-7
M3 - Article
AN - SCOPUS:0035000641
SN - 0921-8009
VL - 37
SP - 257
EP - 270
JO - Ecological Economics
JF - Ecological Economics
IS - 2
ER -