There is a well-established body of literature on monetary valuation of water ecosystem services to support the case for sustaining tropical forests. However, this literature is heterogeneous in its purposes and approaches and has not been carefully compared, providing a fragmented view of the values of forest water services. This paper addresses this knowledge gap through an orderly review and a regression meta-analysis of existing valuation studies at the regional level in South and Central America. This analysis allows identifying some factors that systematically influence forest values. However, it also reveals a lack of a systematized approach to valuation and a lack of sufficiently coherent evidence. This represents a barrier for the incorporation of the values of water ecosystem services into decision-making.
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1 April 2015
Research Article|
April 01 2015
Understanding the economic value of water ecosystem services from tropical forests: A systematic review for South and Central America Available to Purchase
Elena Ojea;
Basque Centre for Climate Change (BC3)
, Alameda Urquijo 4, 4-1, 48008 Bilbao, Spain
Bren School for Environmental Science and Management
, UCSB, Santa Barbara, CA 93106, USA
Corresponding author at: Basque Centre for Climate Change (BC3), Alameda Urquijo 4, 4-1, 48008 Bilbao, Spain. Tel.: +34 944 014 690; fax: +34 944 054 787. E-mail addresses: amaia.deayala@bc3research.org (A. de Ayala), david.hoyos@ehu.es (D. Hoyos), petr.mariel@ehu.es (P. Mariel).
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Julia Martin-Ortega
Julia Martin-Ortega
Social, Economic and Geographical Sciences Group, The James Hutton Institute
, Craigiebuckler, Aberdeen AB15 8QH, United Kingdom
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Corresponding author at: Basque Centre for Climate Change (BC3), Alameda Urquijo 4, 4-1, 48008 Bilbao, Spain. Tel.: +34 944 014 690; fax: +34 944 054 787. E-mail addresses: amaia.deayala@bc3research.org (A. de Ayala), david.hoyos@ehu.es (D. Hoyos), petr.mariel@ehu.es (P. Mariel).
Received:
March 14 2014
Accepted:
February 04 2015
Online ISSN: 1618-1530
Print ISSN: 1104-6899
© 2015 Department of Forest Economics, Swedish University of Agricultural Sciences, Umeå.
2015
Department of Forest Economics, Swedish University of Agricultural Sciences, Umeå.
Licensed re-use rights only
Journal of Forest Economics (2015) 21 (2): 97–106.
Article history
Received:
March 14 2014
Accepted:
February 04 2015
Citation
Ojea E, Martin-Ortega J (2015), "Understanding the economic value of water ecosystem services from tropical forests: A systematic review for South and Central America". Journal of Forest Economics, Vol. 21 No. 2 pp. 97–106, doi: https://doi.org/10.1016/j.jfe.2015.02.001
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