2011
DOI: 10.1016/j.ecolecon.2011.04.004
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Valuation of ecosystem services from rural landscapes using agricultural land prices

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Cited by 76 publications
(45 citation statements)
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“…Conceptually, one would think that it would be feasible to disaggregate land prices into the prices of the various below-and above ground components of land, and eventually to estimate the monetary value of soils. However, attempts along those lines by Ma and Swinton (2011) in southwestern Michigan, using a Hedonic Price method, show how complex such an analysis turns out to be in practice. Indeed, the price of a given piece of land is related in a non-negligible manner to recreational and aesthetic features of the landscape surrounding the land (Dale and Polasky, 2007), or to features within the land parcel, such as the presence of a stream or river, that may however not affect soil services per se.…”
Section: Monetary Valuation Of Soil Services: Waiting For Godotmentioning
confidence: 99%
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“…Conceptually, one would think that it would be feasible to disaggregate land prices into the prices of the various below-and above ground components of land, and eventually to estimate the monetary value of soils. However, attempts along those lines by Ma and Swinton (2011) in southwestern Michigan, using a Hedonic Price method, show how complex such an analysis turns out to be in practice. Indeed, the price of a given piece of land is related in a non-negligible manner to recreational and aesthetic features of the landscape surrounding the land (Dale and Polasky, 2007), or to features within the land parcel, such as the presence of a stream or river, that may however not affect soil services per se.…”
Section: Monetary Valuation Of Soil Services: Waiting For Godotmentioning
confidence: 99%
“…In this respect, the concept of "service" definitely has the upper hand, because it makes it possible to easily accommodate both positive and negative situations. Indeed, the term of "disservice" (Zhang et al, 2007;Ma and Swinton, 2011;Power, 2012;Bastian et al, 2013;Lele et al, 2013;Raymond et al, 2013;Li et al, 2014;Shackleton et al, 2016) carries unambiguously the suggestion of negative consequences for its recipients. In recent years, however, a number of authors have argued strongly against the use of this notion of disservice.…”
Section: Soil Functions or Services Or Both?mentioning
confidence: 99%
“…Direct market analysis estimates the economic Ma and Swinton, 2011). In addition, the stated-preference methods provide an alternative, comparative way to estimate the monetary value of most ES.…”
Section: Economic Valuation Of Esmentioning
confidence: 99%
“…A much smaller segment of the literature explores the value of on-farm recreational and aesthetic ecosystem services (Bastian et al 2002, Torell et al 2005 or the value of both on-farm and off-farm land-based ecosystem services (Ma and Swinton 2011).…”
mentioning
confidence: 99%