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In search of marginal environmental valuations — ecosystem services in Finnish forest accounting
Authors:Jukka Matero  Olli Saastamoinen
Affiliation:University of Joensuu, Faculty of Forestry, P.O. Box 111, FI-80101, Joensuu, Finland
Abstract:There is currently substantial interest in valuing various services provided by different ecosystems. Concurrently economists have ascribed substantial effort on expanding traditional forest accounting systems by environmental services. This paper contributes to curtailing the existing gap between green accounting theory and applications for valuing forest ecosystem services. The multitude of links between forest ecosystem services and economy are characterized by the theoretical model for forest-economy interactions. By utilizing recently updated data we also incorporate empirical value estimates of these services comparable to other goods into Finnish forest accounting system. Finally, we discuss some problems encountered and clarify the interpretation of some value estimates incorporated to national forest account.
Keywords:Ecosystem services   Forest accounting   Green NNP   Sustainable forestry   Time use
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