The economic value of wetland services: A meta-analysis

Richard T. Woodward, Yong Suhk Wui

Research output: Contribution to journalArticlepeer-review

Abstract

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.

Original languageEnglish
Pages (from-to)257-270
Number of pages14
JournalEcological Economics
Volume37
Issue number2
DOIs
Publication statusPublished - May 2001
Externally publishedYes

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