Economic Valuation of Wetland Resources: A Review of the Value Estimates

John C. Whitehead



Following the recognition that wetlands are valuable ecosystems and the necessary methodological developments, economists have attempted to estimate monetary values for wetland resources. Estimated economic values for wetland resources have been significantly greater than zero. However, several studies that estimate wetlands value consider only a subset of wetland functions and services and, therefore, only partially measure the total value of wetland resources to society. Other studies may overestimate wetland values due to double-counting of value components.

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