| Researchers have estimated the total economic value of global ecosystem goods and services showing that a significant portion of humanity's economic well being is unaccounted for in conventional GNP accounting (Constanza et al., 1997). To demonstrate this point, authors have conventionally used highly aggregated landscape units for analysis (e.g., biomes), and average, not marginal values, of each ecosystem good or service are estimated for each unit using value transfer methodologies (Wilson et al., 2004). For example, Patterson and Cole (1999a, b) replicated the Constanza et al., (1997) approach by estimating economic values for Waikato and New Zealand ecosystem goods and services associated with standard land cover classes including horticulture,... |
