Does Money Fly? The Economic Value of Migratory Birdwatching in Xochimilco, Mexico

Urban wetlands like Xochimilco, Mexico, provide critical rest and sustenance for migratory birds from North America. A study quantifies the economic value of birdwatching in preserving these ecosystems, revealing that national birdwatchers are willing to pay approximately US $79 per year, while international watchers contribute around US $296 annually. These figures translate to an economic value of migratory bird services ranging between US $2836 and US $3999 per hectare. This valuation offers decision-makers a tangible metric for assessing policies or projects that may impact these vital habitats.

Revollo-Fernández, D. A. (2015). Does Money Fly? The Economic Value of Migratory Birdwatching in Xochimilco, Mexico. Modern Economy, 06(06), 643–663. https://doi.org/10.4236/me.2015.66061