IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v83y2012icp108-117.html
   My bibliography  Save this article

Economic value of the nutrient retention function of restored floodplain wetlands in the Elbe River basin

Author

Listed:
  • Grossmann, Malte

Abstract

This paper presents an application of an indirect method, the alternative or replacement cost method to value a regulatory ecosystem service: the retention of river nutrient loads by floodplain wetlands. The paper presents a cost-minimisation model for nutrient abatement measures for the River Elbe. The model is applied to estimate the shadow price of phosphate and nitrogen nutrient retention services by restored floodplains. It is shown that the shadow price of restored floodplain area is a function of the nutrient load reduction target for the river basin. The scope of the floodplain restoration projects is shown to have a lesser impact on the estimated shadow price.

Suggested Citation

  • Grossmann, Malte, 2012. "Economic value of the nutrient retention function of restored floodplain wetlands in the Elbe River basin," Ecological Economics, Elsevier, vol. 83(C), pages 108-117.
    • Handle: RePEc:eee:ecolec:v:83:y:2012:i:c:p:108-117
    DOI: 10.1016/j.ecolecon.2012.03.008
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S092180091200122X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecolecon.2012.03.008?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Fisher, Brendan & Turner, R. Kerry & Morling, Paul, 2009. "Defining and classifying ecosystem services for decision making," Ecological Economics, Elsevier, vol. 68(3), pages 643-653, January.
    2. Ing-Marie Gren & Paul Jannke & Katarina Elofsson, 1997. "Cost-Effective Nutrient Reductions to the Baltic Sea," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 10(4), pages 341-362, December.
    3. Rob van der Veeren & Richard Tol, 2001. "Benefits of a Reallocation of Nitrate Emission Reductions in the Rhine River Basin," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(1), pages 19-41, January.
    4. Ribaudo, Marc O. & Heimlich, Ralph & Claassen, Roger & Peters, Mark, 2001. "Least-cost management of nonpoint source pollution: source reduction versus interception strategies for controlling nitrogen loss in the Mississippi Basin," Ecological Economics, Elsevier, vol. 37(2), pages 183-197, May.
    5. Jenkins, W. Aaron & Murray, Brian C. & Kramer, Randall A. & Faulkner, Stephen P., 2010. "Valuing ecosystem services from wetlands restoration in the Mississippi Alluvial Valley," Ecological Economics, Elsevier, vol. 69(5), pages 1051-1061, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pamela Kaval & Marjan van den Belt, 2017. "The Organizing Framework of Ecosystem Services and its use in River Management," Working Papers in Economics 17/22, University of Waikato.
    2. Barth, Nina-Christin & Döll, Petra, 2016. "Assessing the ecosystem service flood protection of a riparian forest by applying a cascade approach," Ecosystem Services, Elsevier, vol. 21(PA), pages 39-52.
    3. Wang, Yangyang & Atallah, Shady & Shao, Guofan, 2016. "Nutrient retention return on investment in private forest conservation: the case of the Classified Forest and Wildlands Program in Indiana," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236154, Agricultural and Applied Economics Association.
    4. Wang, Yangyang & Atallah, Shady & Shao, Guofan, 2017. "Spatially explicit return on investment to private forest conservation for water purification in Indiana, USA," Ecosystem Services, Elsevier, vol. 26(PA), pages 45-57.
    5. Reijnders, L., 2014. "Phosphorus resources, their depletion and conservation, a review," Resources, Conservation & Recycling, Elsevier, vol. 93(C), pages 32-49.
    6. Nedkov, Stoyan & Campagne, Sylvie & Borisova, Bilyana & Krpec, Petr & Prodanova, Hristina & Kokkoris, Ioannis P. & Hristova, Desislava & Le Clec'h, Solen & Santos-Martin, Fernando & Burkhard, Benjamin, 2022. "Modeling water regulation ecosystem services: A review in the context of ecosystem accounting," Ecosystem Services, Elsevier, vol. 56(C).
    7. Czúcz, Bálint & Arany, Ildikó & Potschin-Young, Marion & Bereczki, Krisztina & Kertész, Miklós & Kiss, Márton & Aszalós, Réka & Haines-Young, Roy, 2018. "Where concepts meet the real world: A systematic review of ecosystem service indicators and their classification using CICES," Ecosystem Services, Elsevier, vol. 29(PA), pages 145-157.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Elofsson, Katarina & Folmer, Henk & Gren, Ing-Marie, 2003. "Management of eutrophicated coastal ecosystems: a synopsis of the literature with emphasis on theory and methodology," Ecological Economics, Elsevier, vol. 47(1), pages 1-11, November.
    2. Dellink, Rob & Brouwer, Roy & Linderhof, Vincent & Stone, Karin, 2011. "Bio-economic modeling of water quality improvements using a dynamic applied general equilibrium approach," Ecological Economics, Elsevier, vol. 71(C), pages 63-79.
    3. Catherine L. Kling & Yiannis Panagopoulos & Sergey S. Rabotyagov & Adriana M. Valcu & Philip W. Gassman & Todd Campbell & Michael J. White & Jeffrey G. Arnold & Raghavan Srinivasan & Manoj K. Jha & Je, 2014. "LUMINATE: linking agricultural land use, local water quality and Gulf of Mexico hypoxia," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 41(3), pages 431-459.
    4. Richardson, Leslie & Loomis, John & Kroeger, Timm & Casey, Frank, 2015. "The role of benefit transfer in ecosystem service valuation," Ecological Economics, Elsevier, vol. 115(C), pages 51-58.
    5. Nahlik, Amanda M. & Kentula, Mary E. & Fennessy, M. Siobhan & Landers, Dixon H., 2012. "Where is the consensus? A proposed foundation for moving ecosystem service concepts into practice," Ecological Economics, Elsevier, vol. 77(C), pages 27-35.
    6. Sergey Rabotyagov & Catherine L. Kling & Philip W. Gassman & Nancy N. Rabalais & R. Eugene Turner, 2012. "Economics of Dead Zones: Linking Externalities from the Land to their Consequences in the Sea, The," Center for Agricultural and Rural Development (CARD) Publications 12-wp534, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    7. Kindler, Elisabeth, 2016. "A comparison of the concepts: Ecosystem services and forest functions to improve interdisciplinary exchange," Forest Policy and Economics, Elsevier, vol. 67(C), pages 52-59.
    8. Aevermann Tim & Schmude Jürgen, 2015. "Quantification and monetary valuation of urban ecosystem services in Munich, Germany," ZFW – Advances in Economic Geography, De Gruyter, vol. 59(3), pages 188-200, December.
    9. Catherine L. Kling & Yiannis Panagopoulos & Adriana Valcu-Lisman & Philip W. Gassman & Sergey Rabotyagov & Todd Campbell & Mike White & Jeffrey G. Arnold & Raghavan Srinivasan & Manoj Jha & Jeff Richa, 2014. "Land Use Model Integrating Agriculture and the Environment (LUMINATE): Linkages between Agricultural Land Use, Local Water Quality and Hypoxic Concerns in the Gulf of Mexico Basin," Center for Agricultural and Rural Development (CARD) Publications 14-wp546, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    10. Fröschl, Lena & Pierrard, Roger & Schönbäck, Wilfried, 2008. "Cost-efficient choice of measures in agriculture to reduce the nitrogen load flowing from the Danube River into the Black Sea: An analysis for Austria, Bulgaria, Hungary and Romania," Ecological Economics, Elsevier, vol. 68(1-2), pages 96-105, December.
    11. Kandulu, John & Bryan, Brett, 2009. "Evaluating alternatives for mitigating Cryptosporidium risk and generating environmental service benefits in water supply catchments," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 48190, Australian Agricultural and Resource Economics Society.
    12. Balana, Bedru Babulo & Vinten, Andy & Slee, Bill, 2011. "A review on cost-effectiveness analysis of agri-environmental measures related to the EU WFD: Key issues, methods, and applications," Ecological Economics, Elsevier, vol. 70(6), pages 1021-1031, April.
    13. Kosenius, Anna-Kaisa & Markku, Ollikainen, 2015. "Ecosystem benefits from coastal habitats—A three-country choice experiment," Marine Policy, Elsevier, vol. 58(C), pages 15-27.
    14. Crossman, Neville D. & Burkhard, Benjamin & Nedkov, Stoyan & Willemen, Louise & Petz, Katalin & Palomo, Ignacio & Drakou, Evangelia G. & Martín-Lopez, Berta & McPhearson, Timon & Boyanova, Kremena & A, 2013. "A blueprint for mapping and modelling ecosystem services," Ecosystem Services, Elsevier, vol. 4(C), pages 4-14.
    15. Patton, Douglas & Bergstrom, John C. & Moore, Rebecca & Covich, Alan P., 2015. "Economic value of carbon storage in U.S. National Wildlife Refuge wetland ecosystems," Ecosystem Services, Elsevier, vol. 16(C), pages 94-104.
    16. Hualin Xie & Zhenhong Zhu & Zhe Li, 2022. "Spatial Divergence Analysis of Ecosystem Service Value in Hilly Mountainous Areas: A Case Study of Ruijin City," Land, MDPI, vol. 11(6), pages 1-17, May.
    17. Elofsson, Katarina, 2003. "Cost-effective reductions of stochastic agricultural loads to the Baltic Sea," Ecological Economics, Elsevier, vol. 47(1), pages 13-31, November.
    18. Comino, E. & Ferretti, V., 2016. "Indicators-based spatial SWOT analysis: supporting the strategic planning and management of complex territorial systems," LSE Research Online Documents on Economics 64142, London School of Economics and Political Science, LSE Library.
    19. Daniela D’Alessandro & Andrea Rebecchi & Letizia Appolloni & Andrea Brambilla & Silvio Brusaferro & Maddalena Buffoli & Maurizio Carta & Alessandra Casuccio & Liliana Coppola & Maria Vittoria Corazza , 2023. "Re-Thinking the Environment, Cities, and Living Spaces for Public Health Purposes, According with the COVID-19 Lesson: The LVII Erice Charter," Land, MDPI, vol. 12(10), pages 1-17, September.
    20. Alessio D’Auria & Pasquale De Toro & Nicola Fierro & Elisa Montone, 2018. "Integration between GIS and Multi-Criteria Analysis for Ecosystem Services Assessment: A Methodological Proposal for the National Park of Cilento, Vallo di Diano and Alburni (Italy)," Sustainability, MDPI, vol. 10(9), pages 1-25, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:83:y:2012:i:c:p:108-117. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.