A meta-analysis of wetland contingent valuation studies

Abstract

There is growing interest in the potential for producing generally applicable models for valuing non-market environmental services which do not rely upon expensive and time-consuming survey work, but rather extrapolate results from previous studies. This paper presents a meta-analysis for the use and non-use values generated by wetlands across North America and Europe. The study assesses the socio-economic values attributable to the hydrological, biogeochemical and ecological functions provided by such complex environmental assets. The clustering of multiple values derived from single studies is examined through the application of multilevel modelling methods allowing for the hierarchical structure of such data.