Understanding the State of Environmental Valuation Research: a Biblio-metric Analysis of the Literature
Issued Date
2023-01-01
Resource Type
ISSN
19237529
eISSN
19238401
Scopus ID
2-s2.0-85169798092
Journal Title
Review of Economics and Finance
Volume
21
Start Page
869
End Page
881
Rights Holder(s)
SCOPUS
Bibliographic Citation
Review of Economics and Finance Vol.21 (2023) , 869-881
Suggested Citation
Stasi A., Pellegrino A. Understanding the State of Environmental Valuation Research: a Biblio-metric Analysis of the Literature. Review of Economics and Finance Vol.21 (2023) , 869-881. 881. doi:10.55365/1923.x2023.21.95 Retrieved from: https://repository.li.mahidol.ac.th/handle/123456789/89996
Title
Understanding the State of Environmental Valuation Research: a Biblio-metric Analysis of the Literature
Author(s)
Author's Affiliation
Other Contributor(s)
Abstract
This article proposes an extensive investigation of the prevailing methodologies of environmental valua-tion, offering a comprehensive synthesis and critical assessment of the literature. A bibliometric analysis of 531 arti-cles revealed a higher prevalence of stated preference methods over revealed preference methods. However, a nota-ble lack of consensus was identified regarding the valuation of ecosystem services, reflecting the varied individual preferences towards different types of benefits. The main contribution of the study lies in the critical evaluation of these valuation methodologies, exposing their discrepancies and areas for enhancement. This work sets a new benchmark for future research, promoting a comprehensive understanding of the benefits of ecosystems and foster-ing the integration of various valuation methods. Future research should explore the incorporation of machine learn-ing techniques to more effectively analyze and utilize the large amounts of data being collected.