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Ecosystem services value: a literature review

Author

Listed:
  • Bartolomeo Toffano

    (Department of Economics, Ca' Foscari University of Venice)

  • M. Bruna Zolin

    (Department of Economics, Ca' Foscari University of Venice)

Abstract

The paper aims to analyse the literature on ecosystem services and on payments for ecological services focusing on the pollination case study by highlighting the economic approaches most used in the evaluation of tangible and intangible environmental services. Agriculture guarantees food security and, to some extent, energy security, often at the expense of other ecosystem services. Remedying the negative consequences of intensive agriculture requires the identification of products and services deriving from eco-sustainable land management and their financial value (the so-called Payments for ecological systems). The literature agrees in recognizing a value to ecological services produced by sustainable agricultural management systems; however, different methods are applied.

Suggested Citation

  • Bartolomeo Toffano & M. Bruna Zolin, 2021. "Ecosystem services value: a literature review," Working Papers 2021:07, Department of Economics, University of Venice "Ca' Foscari".
    • Handle: RePEc:ven:wpaper:2021:07
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    References listed on IDEAS

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    1. Muradian, Roldan & Corbera, Esteve & Pascual, Unai & Kosoy, Nicolás & May, Peter H., 2010. "Reconciling theory and practice: An alternative conceptual framework for understanding payments for environmental services," Ecological Economics, Elsevier, vol. 69(6), pages 1202-1208, April.
    2. Bauer, Dana Marie & Sue Wing, Ian, 2016. "The macroeconomic cost of catastrophic pollinator declines," Ecological Economics, Elsevier, vol. 126(C), pages 1-13.
    3. Gallai, Nicola & Salles, Jean-Michel & Settele, Josef & Vaissière, Bernard E., 2009. "Economic valuation of the vulnerability of world agriculture confronted with pollinator decline," Ecological Economics, Elsevier, vol. 68(3), pages 810-821, January.
    4. Ronald Cummings & Glenn Harrison, 1995. "The measurement and decomposition of nonuse values: A critical review," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(3), pages 225-247, April.
    5. Engel, Stefanie & Pagiola, Stefano & Wunder, Sven, 2008. "Designing payments for environmental services in theory and practice: An overview of the issues," Ecological Economics, Elsevier, vol. 65(4), pages 663-674, May.
    6. Bouwma, Irene & Schleyer, Christian & Primmer, Eeva & Winkler, Klara Johanna & Berry, Pam & Young, Juliette & Carmen, Esther & Špulerová, Jana & Bezák, Peter & Preda, Elena & Vadineanu, Angheluta, 2018. "Adoption of the ecosystem services concept in EU policies," Ecosystem Services, Elsevier, vol. 29(PB), pages 213-222.
    7. Tacconi, Luca, 2012. "Redefining payments for environmental services," Ecological Economics, Elsevier, vol. 73(C), pages 29-36.
    8. Gallai, Nicola & Salles, Jean-Michel & Settele, Josef & Vaissière, Bernard E., 2009. "Economic valuation of the vulnerability of world agriculture confronted with pollinator decline," Ecological Economics, Elsevier, vol. 68(3), pages 810-821, January.
    9. Zhang, Wei & Ricketts, Taylor H. & Kremen, Claire & Carney, Karen & Swinton, Scott M., 2007. "Ecosystem services and dis-services to agriculture," Ecological Economics, Elsevier, vol. 64(2), pages 253-260, December.
    10. Levente Hufnagel & Ferenc Mics & Reka Homorodi, 2018. "Introductory Chapter: Evaluation Methods of Ecosystem Services and Their Scientific and Societal Importance in Service of Solving the Global Problems of the Humankind," Chapters, in: Levente Hufnagel (ed.), Ecosystem Services and Global Ecology, IntechOpen.
    11. Olivier Godard, 2005. "Les conditions d'une gestion économique de la biodiversité - Un parallèle avec le changement climatique," Working Papers hal-00243006, HAL.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Ecosystem services; payments; agriculture; pollinators; sustainability;
    All these keywords.

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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