An economic analysis of wetland protection

An economic analysis of wetland protection

Primary Country: United States
Ecosystem: wetland
Sample Value Estimates:
  1. $150 / acre / year: Aesthetic value of wetlands in the Charles River Basin, Boston, Massachusetts
  2. $3,366 / acre / year: Value of recreation at wetlands in the Charles River Basin, Boston, Massachusetts
  3. $6,044 / acre / year: ($19
  4. Value of water supply by wetlands in the Charles River Basin, Boston, Massachusetts
  5. $1,560 / acre / year: Value of waste regulation by wetlands in the Charles River Basin, Boston, Massachusetts
  6. $153,535 - 190,009 / acre: Value of wetlands in the Charles River Basin, Boston, Massachusetts
  7. $2,000 / acre / year: Value of flood protection by wetlands in the Charles River Basin, Boston, Massachusetts
Methodology: hedonic pricing, replacement cost
Region: Americas / Atlantic
Data source: GecoServ

Publication information

Thibodeau, F. R. Ostro, B.D. “An economic analysis of wetland protection” Journal of Environmental Management, 1981

Addtional Notes

Benefit-cost ratio, using a $1,000 per acre average market value and a conservative $150,000 per acre benefit value, is 150:1. Other factors used in the cost-benefit analysis were increased privacy for abutting land owners, pollution reduction potential (nutrients, BOD, and toxic substances), scientific and special cultural interest, vicarious consumption, and undiscovered benefits.

Information provided when available, for more information please visit the original database or PDF.