Abstract
Creating measurable ecological accounting units has become a point of emphasis in valuing ecosystem services. Understanding which ecological endpoints, which emanate from biophysical production functions, are important to individuals could help to create measurable ecological accounting units. Using two semi-arid riparian ecosystems we create a suite of ecological endpoints and using benefits transfer techniques compare their ability to be transferred to similar riparian ecosystems. If clearly defined, ecological accounting units can be developed for ecosystem services. This could lead to ecosystem services being properly incorporated into benefit cost analyses that maximize economic product of both market and non-market goods and services.
Disclosure statement
No potential conflict of interest was reported by the author(s).
Supplementary material
Supplemental data for this article can be accessed here.
Notes
1 Copies of the surveys for the SPRNCA and MRG can be found in the online appendix.
2 Minimal D-error is where is the covariance matrix of the maximum likelihood estimator with being the number of parameters.
3 We acknowledge that attribute non-attendance is an issue in calculating MWTP estimates from stated preference surveys. We follow the Hess and Hensher (Citation2010) threshold in calculating a coefficient of variation for the attributes and do not find this coefficient to exceed the threshold of 2 where attribute non-attendance may be an issue.
4 The database is accessible at https://www.evri.ca