1989
DOI: 10.1038/339655a0
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Valuation of an Amazonian rainforest

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Cited by 640 publications
(316 citation statements)
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“…Since the 1990s, numerous researches have been conducted to investigate the value of ecosystem services (VES). These assessments cover biological resources (Pearce and Moran, 1994;Zhao et al, 2004), biodiversity conversion (Mcneely, 1993), tropical forests (Peters et al, 1989;Tobias and Mendelsohn, 1991), protected areas (Munasinghe, 1994), and endangered species' management (White et al, 1997). A notable assessment of VES by Costanza et al (1997) reported on the global biosphere, estimating 17 VES provided by 16 dominant global biomes by using a market valuation method.…”
Section: Introductionmentioning
confidence: 99%
“…Since the 1990s, numerous researches have been conducted to investigate the value of ecosystem services (VES). These assessments cover biological resources (Pearce and Moran, 1994;Zhao et al, 2004), biodiversity conversion (Mcneely, 1993), tropical forests (Peters et al, 1989;Tobias and Mendelsohn, 1991), protected areas (Munasinghe, 1994), and endangered species' management (White et al, 1997). A notable assessment of VES by Costanza et al (1997) reported on the global biosphere, estimating 17 VES provided by 16 dominant global biomes by using a market valuation method.…”
Section: Introductionmentioning
confidence: 99%
“…Most commonly, however, researchers begin their inquiry by estimating the value of a much more limited area, often one or more clearly defined forest plots. The most widely cited study in this genre is the valuation of a one-hectare plot of rainforest in Peruvian Amazonia by Peters et al (1989). They designed the study to inventory the plant species in the plot, measure NTFP production and determine their current market value.…”
Section: Valuation: Theory and Empirical Resultsmentioning
confidence: 99%
“…Since then, TCM has been further developed and become widely accepted in resource economics to estimate recreational values. Taking the forestry ecosystem for example, some studies focus on some service function and landscape value, such as the evaluation of non-timber forest products in the tropical rain forest (Peters et al, 1989), or of ecotourism value in the tropical rain forest (Tobias and Mendelsohn, 1991;Maille and Mendelsohn, 1993), etc. As to water resources, by using TCM, Ward (1987) estimates the value of water entertainment including fishing and rafting at $17/km 2 -$25/km 2 on the River Chama in Mexico.…”
Section: The Travel Cost Methodsmentioning
confidence: 99%