Ecosystem Service Valuation of Natural Healing Assets: A Sustainability-Corrected Gross Ecosystem Product (GEP) Capitalization Model

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dc.contributor.authorKorenyuk, Liudmylaen
dc.contributor.authorKovshun, Nataliiaen
dc.contributor.authorKostetska, Katerynaen
dc.contributor.authorKonarivska, Oksana B.en
dc.contributor.authorMetil, Tetianaen
dc.contributor.authorBekirov, Eldaren
dc.date.accessioned2026-07-03T07:29:29Z
dc.date.issued2026
dc.descriptionL. Korenyuk: ORCID 0000-0003-3187-3288; N. Kovshun: ORCID 0000-0003-0573-2932; K. Kostetska: ORCID 0000-0003-0378-7681; O. Konarivska: ORCID 0000-0002-1760-9264; T. Metil: ORCID 0000-0002-4553-4343; E. Bekirov: ORCID 0009-0002-7554-9711.en
dc.description.abstractENG: Natural healing resources (NHR) are presented as ecosystem resources that have a dual nature of ecosystem services and economic significance for the country, and the result of their sustainable use should provide a reserve for the provision of rehabilitation and health services to the population. Currently, international scientists' achievements in accounting for natural capital include the System of Ecological-Economic Accounting (SEEA) and the Gross Ecosystem Product (GEP), which have become widely adopted. In contrast, the economic and social functions of healing natural assets that are not included in the system of ecological and economic accounts are not reflected at all. This situation creates institutional collapse within the sectoral economy, which is focused on the development of resort areas, and within the social contribution – rehabilitation, and health. The study is devoted to developing a hybrid methodological framework for capitalizing on natural healing assets by adapting the GEP approach to healing ecosystems. The hybrid methodology proposed by the authors involves conducting an assessment across three areas: ecological, medical-biological, and financial-economic (based on replacement cost, willingness to pay, and market approaches consistent with the principles of ecological-economic accounting).en
dc.description.sponsorshipUniversity of Customs and Finance, Dnipro, Ukraine; National University of Water and Environmental Engineering, Rivne, Ukraine; State Organization "Institute Of Market and Economic&Ecological Researches; Izmail State University of Humanities, Izmail, Odesa, Ukraine.en
dc.identifier.citationKorenyuk L., Kovshun N., Kostetska K., Konarivska O. B., Metil T., Bekirov E. Ecosystem Service Valuation of Natural Healing Assets: A Sustainability-Corrected Gross Ecosystem Product (GEP) Capitalization Model. Rocznik Ochrona Środowiska. 2026. Vol. 28. P. 270-298. DOI: https://doi.org/10.54740/ros.2026.020.en
dc.identifier.doihttps://ros.edu.pl/index.php?id=1756&lang=enen
dc.identifier.issn1506-218X (Print)en
dc.identifier.issn2720-7501 (Online)en
dc.identifier.urihttps://ros.edu.pl/index.php?id=1756&lang=enen
dc.identifier.urihttps://crust.ust.edu.ua/handle/123456789/22632en
dc.publisherKoszalin University of Technologyen
dc.subjectnatural healing assetsen
dc.subjectGross Ecosystem Product (GEP)en
dc.subjectSystem of Environmental-Economic Accounting (SEEA)en
dc.subjectnatural capitalen
dc.subjectresort economyen
dc.subjectecosystem servicesen
dc.subjectКФОП ФУЕЕП ДІІТuk_UA
dc.subject.classificationTECHNOLOGYen
dc.subject.classificationTECHNOLOGY:: Other technologyen
dc.titleEcosystem Service Valuation of Natural Healing Assets: A Sustainability-Corrected Gross Ecosystem Product (GEP) Capitalization Modelen
dc.typeArticleen

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