Monetary valuation of forest ecosystem services in China: A literature review and identification of future research needs

D'amato, Dalia; Rekola, Mika; Li, Ning; Toppinen, Anne

doi:10.1016/j.ecolecon.2015.11.009

Cited by 50 publications

(27 citation statements)

References 46 publications

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“…A number of non-market valuation methods, including Revealed Preference (RP) and State Preference (SP) methods, have been developed [9,13]. Studies using these non-market valuation methods have assessed global and regional ES and their contribution to human well-being [1,7,[14][15][16][17]. Compared to the RP methods (e.g., production-oriented valuation, replace cost method, hedonic prices method), the SP methods use hypothetical scenarios involving ES to elicit individuals' responses to ES improvements and observe their behavior of interest [9,18].…”

Section: Introductionmentioning

confidence: 99%

“…As such, ES valuation refers to the process that measures the value of ecosystem services in monetary units [5]. The ES valuation would be undoubtedly an important foundation and tool for the decision-making of ecosystem management [5][6][7][8][9]. Thus, to make effective tradeoffs between different management strategies, the decision makers first need to value ES to understand their economic effects [9,10].…”

Section: Introductionmentioning

confidence: 99%

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Estimation of Rural Households’ Willingness to Accept Two PES Programs and Their Service Valuation in the Miyun Reservoir Catchment, China

Yang

Zhang

et al. 2018

Sustainability

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Abstract:As the only surface water source for Beijing, the Miyun Reservoir and its catchment (MRC) are a focus for concern about the degradation of ecosystem services (ES) unless appropriate payments for ecosystem services (PES) are in place. This study used the contingent valuation method (CVM) to estimate the costs of two new PES programs, for agriculture and forestry, and to further calculate the economic value of ES in the MRC from the perspective of local rural households' willingness to accept (WTA). The results of Logit model including WTA and the variables of household and village indicate that the local socio-economic context has complex effects on the WTA of rural households. In particular, the bid amount, location and proportion of off-farm employment would have significant positive effects on the local WTA. In contrast, the insignificance of the PES participation variable suggests that previous PES program experiences may negatively impact subsequent program participation. The mean WTA payments for agriculture and forestry PES programs were estimated as 8531 and 8187 yuan/ha/year, respectively. These results consistently explain the differentiated opportunity costs on both farmland and forestry land. Meanwhile, the differentiated WTA values in Beijing vs. the surrounding Hebei Province follow the interest differences and development gaps between jurisdictions. Finally, the total economic value of ES in the MRC area was estimated at 11.1 billion yuan/year). The rational economic value of ES for the restoration priority areas reaches 515.2 million yuan/year. For the existing budget gap (299 million yuan/year), the study proposed that decision makers increase the water tariff by 0.08 yuan to raise the funds needed. The study also concluded that these results are not only financially and politically feasible but also cost-effective. This study has policy implications for improving the implementation efficiency and providing quantified supports for PES programs in megacity source water area.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Estimation of Rural Households’ Willingness to Accept Two PES Programs and Their Service Valuation in the Miyun Reservoir Catchment, China

Yang

Zhang

et al. 2018

Sustainability

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“…Another difficulty lies in quantifying the TVES. The TVES is often calculated as the simple sum of ES values (D'Amato et al 2016), without taking into consideration neither the analysis of trade-offs nor the competitive and complementary nature of ES (Ninan & Inoue 2013).…”

Section: Introductionmentioning

confidence: 99%

A Decision Support System for trade-off analysis and dynamic evaluation of forest ecosystem services

Sacchelli¹

2018

iForest

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This paper presents an open-source Decision Support System (DSS) able to quantify the economic value of forest ecosystem services and their dynamic trade-offs. Provisioning, regulation and support services, as well as cultural services, can be evaluated by the model. Best management forestry practices can be identified by optimizing specific objective functions, e.g., maximizing the economic value or identifying the ideal rotation period. The model was applied to a silver fir (Abies alba Mill.) stand in central Italy as a case study. Results show the importance of economic parameters (e.g., discount rate) and management practices (e.g., presence/absence of silvicultural thinning) in defining forest values. The main strengths and weaknesses of the DSS are discussed in light of its potential for application in the sector of Payment for Ecosystem Services.

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“…There is no national standard of indicator systems particularly at county level as a variety of case studies have not been validated by policy practice, which calls for future work in this area. D'Amato et al (2016) argued that there is the issue of distinguishing between stocks and flows of ecosystem services [44]. The stock is the amount of ecosystem assets at a given point of time, and it is measured as a physical quantity; a flow is measured as a production during a certain assessment period.…”

Section: Discussionmentioning

confidence: 99%

“…The valuation methods employed for soil conservation are perhaps the most varied across different studies in China [44].…”

Section: The Valuation Of Soil Conservationmentioning

confidence: 99%

Assessment of Ecological Assets for Sustainable Regional Development: A Case Study of Deqing County, China

Cheng

Jin

2017

Sustainability

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Sustainable development has become a main concern of governments at a variety of levels. Assessing ecological assets, which is significant for the sustainability of human society, plays an important role in measuring the performance of local governments. Using Deqing County in Zhejiang Province as a case study, this paper adapts a county-level indicator assessment of ecological assets and quantifies these indicators using high-resolution data sets. The resulting value of ecological assets in Deqing County accounts for 24.85% of its GDP, which is much higher than other published case studies across China. Through contrasting per capita valuation of ecological assets and per capita enterprise taxation at township level, this paper has classified all townships into four categories, each of which has varied implications for the local development strategy from the perspective of sustainability. This study implies that the integration of the valuation of ecological assets into the measurement of political performance at the lowest township level enables the provision of quantitative evidence to enhance sustainable development at local (county) level.

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Monetary valuation of forest ecosystem services in China: A literature review and identification of future research needs

Cited by 50 publications

References 46 publications

Estimation of Rural Households’ Willingness to Accept Two PES Programs and Their Service Valuation in the Miyun Reservoir Catchment, China

Estimation of Rural Households’ Willingness to Accept Two PES Programs and Their Service Valuation in the Miyun Reservoir Catchment, China

A Decision Support System for trade-off analysis and dynamic evaluation of forest ecosystem services

Assessment of Ecological Assets for Sustainable Regional Development: A Case Study of Deqing County, China

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