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Valuing lagoons using a meta-analytical approach: methodological and practical issues

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  • Geoffroy Enjolras
  • Jean-Marie Boisson

Abstract

Lagoons are naturally complex ecosystems whose dynamics are strongly influenced by anthropic factors. Therefore, their value depends not only on their characteristics but also on the nature of the interactions, whether positive or negative, between mankind and nature. Starting from a representative set of 31 original studies exclusively devoted to coastal lagoons valuation, we estimate a meta-analytic function of value transfer. Using a resampling technique, we then determine a transfer value and find a mean transfer error of 87% and a median error equal to 24%, between the predicted value and the original ones. This raises the problem of divergences between individual valuations for natural assets.

Suggested Citation

  • Geoffroy Enjolras & Jean-Marie Boisson, 2010. "Valuing lagoons using a meta-analytical approach: methodological and practical issues," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 53(8), pages 1031-1049.
    • Handle: RePEc:taf:jenpmg:v:53:y:2010:i:8:p:1031-1049
    DOI: 10.1080/09640568.2010.495553
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    1. Kazmierczak, Richard F., Jr., 2001. "Economic Linkages Between Coastal Wetlands And Hunting And Fishing: A Review Of Value Estimates Reported In The Published Literature," Staff Papers 31687, Louisiana State University, Department of Agricultural Economics and Agribusiness.
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    3. Kazmierczak, Richard F., Jr., 2001. "Economic Linkages Between Coastal Wetlands And Water Quality: A Review Of Value Estimates Reported In The Published Literature," Staff Papers 31685, Louisiana State University, Department of Agricultural Economics and Agribusiness.
    4. Chong Ju Choi & Carla C. J. M. Millar & Caroline Y. L. Wong, 2005. "Knowledge and the State," Palgrave Macmillan Books, in: Knowledge Entanglements, chapter 0, pages 19-38, Palgrave Macmillan.
    5. Raymond J.G.M. Florax & Peter Nijkamp & Kenneth G. Willis (ed.), 2002. "Comparative Environmental Economic Assessment," Books, Edward Elgar Publishing, number 1945.
    6. Kazmierczak, Richard F., Jr., 2001. "Economic Linkages Between Coastal Wetlands And Habitat/Species Protection: A Review Of Value Estimates Reported In The Published Literature," Staff Papers 31689, Louisiana State University, Department of Agricultural Economics and Agribusiness.
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    1. Chaikumbung, Mayula & Doucouliagos, Hristos & Scarborough, Helen, 2016. "The economic value of wetlands in developing countries: A meta-regression analysis," Ecological Economics, Elsevier, vol. 124(C), pages 164-174.
    2. Francesco Silvestri & Stefano Ghinoi & Vincenzo Barone, 2013. "Nautical tourism, carrying capac ity and environmental externality in a protected Lagoon of Northern Adriatic Sea," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2013(3), pages 145-180.
    3. Schild, Johanna E.M. & Vermaat, Jan E. & de Groot, Rudolf S. & Quatrini, Simone & van Bodegom, Peter M., 2018. "A global meta-analysis on the monetary valuation of dryland ecosystem services: The role of socio-economic, environmental and methodological indicators," Ecosystem Services, Elsevier, vol. 32(PA), pages 78-89.
    4. de Groot, Rudolf & Brander, Luke & van der Ploeg, Sander & Costanza, Robert & Bernard, Florence & Braat, Leon & Christie, Mike & Crossman, Neville & Ghermandi, Andrea & Hein, Lars & Hussain, Salman & , 2012. "Global estimates of the value of ecosystems and their services in monetary units," Ecosystem Services, Elsevier, vol. 1(1), pages 50-61.

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