Benefit transfer and the economic value of Biocapacity: Introducing the ecosystem service Yield factor

Ecosystem services in oil palm plantations owned by smallholders in four villages in the Riau Province, Indonesia were identified and valued. Nine provisioning, three regulating and maintenance, one cultural ecosystem service, and a single ecosystem dis-service, were identified from interviews with 62 farming households. Direct and indirect market valuation methods were used to estimate the total economic value (TEV) of these services, which averaged USD 6520 ha−1 year−1 (range = USD 2970–7729 ha−1 year−1). The values of provisioning services were USD 4331 ha−1 year−1 (range = USD 2263–5489 ha−1 year−1), regulating and maintenance services were valued at USD 1880 ha−1 year−1 (range of USD 707–3110 ha−1 year−1), and cultural services were USD 309 ha−1 year−1. We conclude that identifying and valuing ecosystem services offers an opportunity to improve the environmental and economic sustainability of smallholders in oil palm landscapes in Indonesia.

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Perspective: Increasing blue carbon around Antarctica is an ecosystem service of considerable societal and economic value worth protecting

Global Change Biology ◽

10.1111/gcb.15392 ◽

2020 ◽

Vol 27 (1) ◽

pp. 5-12

Author(s):

Narissa Bax ◽

Chester J. Sands ◽

Brendan Gogarty ◽

Rachel V. Downey ◽

Camille V. E. Moreau ◽

...

Keyword(s):

Ecosystem Service ◽

Economic Value ◽

Blue Carbon

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Benefit-transfer valuation of a cultural heritage site: the Petroglyph National Monument

Environment and Development Economics ◽

10.1017/s1355770x0999009x ◽

2009 ◽

Vol 15 (1) ◽

pp. 39-57 ◽

Cited By ~ 6

Author(s):

CARLOS A. ULIBARRI ◽

VICTOR C. ULIBARRI

Keyword(s):

Willingness To Pay ◽

Cultural Heritage ◽

Cost Benefit Analysis ◽

Rock Art ◽

Economic Value ◽

Cost Benefit ◽

Economic Benefits ◽

Benefit Transfer ◽

National Monument ◽

Heritage Site

ABSTRACTThis paper applies a household production framework (Becker, 1971) to infer the economic value of a cultural heritage site, namely, the Petroglyph National Monument, situated in Albuquerque, New Mexico, USA. The empirical analysis uses benefit-transfer techniques from three source studies: those of Bergstrom and Cordell (1991) and Boxall et al. (2003), which concern willingness-to-pay to hike and view rock art sites; and those of Rolfe and Windle (2003, 2006), which concern willingness-to-pay by Aboriginal and general populations to preserve a cultural heritage site containing rock art. The benefit-transfer analysis estimates recreational values between 3.75 million and 7 million dollars per year (depending on perceptions of the cultural attribute quality) and a nonuse value of approximately 12.5 million dollars per year. By comparison the annualized costs of developing/operating the study site are 8.5 million dollars per year. Thus a partial cost-benefit analysis suggests the study site yields net economic benefits upwards of 7.8 million dollars per year.

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An Empirical Analysis of an Integrated Accounting Method to Assess the Non-Monetary and Monetary Value of Ecosystem Services

Sustainability ◽

10.3390/su12208296 ◽

2020 ◽

Vol 12 (20) ◽

pp. 8296

Author(s):

Yubang Liu ◽

Yunan Yan ◽

Xin Li

Keyword(s):

Ecosystem Services ◽

Empirical Analysis ◽

Ecosystem Service ◽

Economic Value ◽

Correlation Coefficients ◽

Classification Systems ◽

Ecological Value ◽

Ecosystem Service Value ◽

Service Value ◽

Value Evaluation

The process of ecosystem service value evaluation has developed from the use of a single economic value that only accounts for material products to an assessment of ecological value and the value of ecosystem services. However, due to the complexity of ecosystems and different understandings of ecosystem service values, different classification methods of ecosystem services and service values have been developed internationally, and this has resulted in a lack of clarity regarding the correlation between ecosystem service value and various ecosystems. The correspondence between the system and each value type is not clear; therefore, based on an analysis of the inadequacy of domestic and foreign ecosystem service classification systems and methods, this study constructed a new accounting framework for non-monetary ecosystem service functions based on emergy analysis and integrated monetary accounting methods. The practical application of the method was also researched. The research results re-classified the value of ecosystem services, established an accounting method for various ecosystem service values, clarified the principle of addition in accounting, and avoided double counting. In the empirical analysis, a large number of correlation coefficients, parameters, and index values found in the foreign literature were used, so, our method also has value for international use.

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Valuasi Jasa Ekosistem Hutan Tropis di Kalimantan Timur dengan Metode Benefit Transfer

Buletin Loupe ◽

10.51967/buletinloupe.v16i01.73 ◽

2020 ◽

Vol 16 (01) ◽

pp. 27-34

Author(s):

Nuzula Elfa Rahma ◽

Erna Rositah ◽

Dwi Agung Pramono ◽

Dyah Widyasasi ◽

Fariyanti

Keyword(s):

Economic Value ◽

Benefit Transfer ◽

Total Economic Value

Ekosistem hutan hujan tropis merupakan sumber kehidupan dan penghidupan bagi masyarakat Kalimantan Timur. Sayangnya keberadaan hutan di Kalimantan Timur sering hanya dilihat dalam perspektif ekonomi saja. Untuk itu perlu adanya studi untuk mengetahui nilai manfaat jasa ekosistem yang dimiliki oleh hutan tropis di Kalimantan Timur secara menyeluruh bukan hanya aspek ekonomi saja, tetapi juga aspek ekologis dan sosial. Dengan tujuan itulah, penelitian ini dilakukan. Metode valuasi yang digunakan adalah metode benefit transfer dengan memanfaatkan database valuasi jasa ekosistem TEEB (The Economics of Ecosystems and Biodiversity), serta data luasan hutan Kalimantan Timur. Hasil penelitian ini menunjukkan bahwa nilai total ekonomi (Total Economic Value/TEV) ekosistem hutan tropis di Kalimantan Timur adalah sebesar 90.806.238.765 USD/tahun. Nilai TEV tersebut mencakup nilai manfaat jasa pendukung sebesar 0,24%, jasa penyediaan sebesar 45,11%, jasa pengaturan sebesar 17,31%, dan jasa kultural sebesar 37,34%.

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ESTIMASI BIAYA EKONOMI DEFORESTASI DI INDONESIA TAHUN 2011-2013

Jurnal Ilmu Ekonomi Terapan ◽

10.20473/jiet.v1i2.3251 ◽

2017 ◽

Vol 1 (2) ◽

Author(s):

Husyroniatur Robhati ◽

Deni Kusumawardani

Keyword(s):

Economic Value ◽

Benefit Transfer ◽

Real Cost ◽

Total Economic Value ◽

Real Value ◽

Nominal Term

This study is aimed to estimate economic value of deforestation in Indonesia and contribution for forestry sub-sector of GDP in Indonesia from 2011 to 2013. This study has two main variables, economic value of deforestation and EDP. Technique used to estimate deforestation economic value is benefit transfer with Total Economic Value approach. The estimation results show that real cost of deforestation in Indonesia since 2011 to 2013 increase almost four times, or about Rp 1,5 trillion to Rp 5,6 trillion. Indonesia real value EDP in 2011 is Rp 51,8 billion, increases 1,58 percent in 2012 to Rp 52,6 billion, and decrease 0,53 percent to Rp 52,3 billion in years 2013. The contribution of deforestation for forestry subsector GDP is below one percent, but in nominal term, the deforestation always has an increased value.

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Assessment of Economic Value of Ecosystem Service by Using InVEST Model in South Korea

International Journal of Environmental Science and Development ◽

10.18178/ijesd.2017.8.12.1063 ◽

2017 ◽

Vol 8 (12) ◽

pp. 815-818

Author(s):

Choi Ji Young ◽

◽

Lee Sang Don

Keyword(s):

South Korea ◽

Ecosystem Service ◽

Economic Value ◽

Invest Model

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Opportunities for Systematically Valuing Ecosystem Service Benefits Produced by Federal Conservation Programs

Agricultural and Resource Economics Review ◽

10.1017/age.2020.8 ◽

2020 ◽

Vol 49 (1) ◽

pp. 178-191

Author(s):

Thomas P. Holmes

Keyword(s):

Decision Making ◽

Ecosystem Service ◽

Cost Benefit Analysis ◽

Cost Benefit ◽

Policy Decision ◽

Benefit Transfer ◽

Specific Information ◽

Conservation Programs ◽

Private Lands ◽

Ecosystem Service Valuation

Federal agencies invest taxpayer dollars every year in conservation programs that are focused on improving a suite of ecosystem services produced on private lands. A better understanding of the public benefits generated by federal conservation programs could help improve governmental efficiency and economic welfare by providing science-based evidence for use in policy decision-making regarding targeting of federal conservation investments. Of specific concern here are conservation investments made by the U.S. Department of Agriculture (USDA). While previous research has shown that efficiency gains are possible using cost-benefit analysis for targeting conservation investments, agency-wide implementation of this approach by policy makers has been constrained by the limited availability of location-specific information regarding conservation benefits. Cost-effective opportunities for integrating location-specific ecosystem service valuation research with USDA conservation decision-making include: (1) institutionalizing funding of comparable studies suitable for benefit transfer, (2) utilizing non-traditional data sources for research complementing benefit transfer, and (3) creating a state-of-the-art program for developing and communicating research in ecosystem service valuation exemplifying the highest standards of scientific conduct.

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