An economic valuation of ecosystem services provided by the River Turia Natural Park (Valencia)

Vicente Estruch-Guitart; A. Valls-Civera

doi:10.7201/earn.2018.02.05

Authors

Vicente Estruch-Guitart Universitat Politècnica de València
A. Valls-Civera Universitat Politècnica de València

DOI:

https://doi.org/10.7201/earn.2018.02.05

Keywords:

AMUVAM, ANP, ecosystem services, multi-criteria decision methods, valuation of environmental systems

Abstract

The objective of this paper is to obtain the monetary value of ecosystem services provided by the Turia Natural Park (TNP). This paper proposes the use of the Analytic Multicriteria Valuation Method (AMUVAM) by replacing the Analytical Hierarchy Process (AHP) with the Analytic Network Process (ANP), since the ANP method allows to analyze interdependence relationships between the services provided by a system. The results express that the economic value of the ecosystem services associated to the TNP ranges between 163,946,752 â‚¬ and 481,549,597 â‚¬. The results reveal distinct patterns in the valuation of the existing services due to ethical issues.

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Author Biographies

Vicente Estruch-Guitart, Universitat Politècnica de València

Dpt. de Economía y Ciencias Sociales.

A. Valls-Civera, Universitat Politècnica de València

Dpt. de Economía y Ciencias Sociales.

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