Total Economic Value of Natural Capital - A Case Study of Piatra Craiului National Park

Authors :
B.Popa, C. Coman, S. A. Borz, D. M. Nita, C. Codreanu, G. Ignea, V. Marinescu, F. Ioras, O. Ionescu
This paper estimates the economic value of ecosystem services of Piatra Craiului National Park in Romania by using a number of recognized methodologies applied by environmental economists around the world. The approach and results include a benefit distribution analysis, for both the economic sectors and the groups of beneficiaries. The paper provides important practical and policy-relevant information on the economic value of Piatra Craiului National Park, in an attempt to stimulate an increase of the budgetary allocation and economic policy priority for protected areas in Romania.
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