Economic Valuation of Beach Quality Improvements: Comparing Incremental Attribute Values Estimated from Two Stated Preference Valuation Methods

Loomis, John B.; Santiago, Luis

doi:10.1080/08920753.2012.749754

Cited by 57 publications

(38 citation statements)

References 20 publications

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“…Positive WTP for a reduction of filamentous algae in the water and on the beach is in line with numerous studies that find WTP for improved beach quality and debris management (e.g. Hynes et al, 2013 andSantiago, 2013). WTP for algae reduction, however, is not linearly increasing with the amount of algae reduced.…”

Section: Discussionsupporting

confidence: 58%

“…Regarding the recreational value of coastal ecosystems, the valuation literature has mainly focused on beach characteristics, such as quality (Loomis and Santiago, 2013) or access and width (Whitehead et al, 2008). A limited number of studies measure the value of underwater habitats for recreational use.…”

Section: The Economic Valuation Of Benefits Related To Seagrassmentioning

confidence: 99%

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Assessing Non-market Benefits of Seagrass Restoration in the Gulf of Gdańsk

Bӧrger¹,

Piwowarczyk

2016

Journal of Ocean and Coastal Economics

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Seagrass meadows (Zostera marina) are an important ecosystem in the coastal environment of the Baltic Sea. This study employs a discrete choice experiment to value a set of non-market benefits provided by seagrass meadows in the Gulf of Gdańsk, Poland. The benefits valued in this study are a reduction of filamentous algae in the water and on the beach; access to seagrass meadows for boaters and divers; and improved water clarity. Results show significant willingness to pay for each attribute and differences of value estimates across different groups of survey respondents. It is discussed how to link choice attributes and estimated values with established ecosystem benefit categories in order to facilitate value transfer.

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Section: Discussionsupporting

confidence: 58%

Section: The Economic Valuation Of Benefits Related To Seagrassmentioning

confidence: 99%

Assessing Non-market Benefits of Seagrass Restoration in the Gulf of Gdańsk

Bӧrger¹,

Piwowarczyk

2016

Journal of Ocean and Coastal Economics

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“…There have been a number of studies dealing with the valuation of marine ecosystems. The literature shows that such tasks have been conducted using stated preference techniques, including CV (e.g., [7][8][9][10][11]) and choice experiments (e.g., [12][13][14]). On the other hand, Camacho-Valdez et al [15] generate baseline estimates of the ecosystem services provided by wetlands using value transfer approach.…”

Section: Methodsmentioning

confidence: 99%

The Environmental Conservation Value of the Saemangeum Open Sea in Korea

2017

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Abstract:The Saemangeum open sea (SOS), which refers to the outer sea of the Saemangeum seawall in Korea, is being threatened by contamination caused by the Saemangeum development project. The policy-makers need information on the environmental conservation value of the SOS for informed decision-making about the SOS. This paper attempts to measure the environmental conservation value of the SOS. To this end, the public's willingness to pay (WTP) for conserving the SOS is derived from a 2015 contingent valuation survey of 1000 Korean households comprising 400 households residing in the Saemangeum area and 600 households living in other areas. The authors employ a one-and-one-half-bounded dichotomous choice question format. Moreover, the spike model is adopted to analyze the WTP data with zero observations. The mean annual WTP values for both areas are calculated to be KRW 3861 (USD 3.26) and KRW 3789 (USD 3.20) per household, respectively. They are statistically significant at the 1% level. When the sample is expanded to the whole country, it is worth KRW 70.9 billion (USD 59.8 million) per annum. Therefore, conserving the SOS will contribute to the Korean people's utility and can be done with public support. The value provides a useful baseline for decision-making for the SOS management.

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“…Objective measures have included levels of suspended solids (Egan et al, 2009), levels of harmful bacteria (Parsons et al, 2003) and water clarity (Vesterinen et al, 2010). Subjective measures have also included water clarity (Loomis and Santiago, 2013), as well as Likert scales (Hanley et al, 2003). Water clarity may be a useful indicator of water quality for activities such as swimming and boating but may be less useful for anglers who are more interested in sh stocks and catch rates.…”

Section: Introductionmentioning

confidence: 99%

Water quality and recreational angling demand in Ireland

Curtis

Stanley

2016

Journal of Outdoor Recreation and Tourism

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may Water Quality and Recreational Angling Demand in Ireland John Curtis and Brian StanleyAbstract: Using on-site survey data from sea, coarse and game angling sites in Ireland, this paper estimates count data models of recreational angling demand. The models are used to investigate the extent to which anglers are responsive to differences in water quality, with the water quality metric defined by the EU's Water Framework Directive. The analysis shows that angling demand is greater where water quality has a higher ecological status, particularly for anglers targeting game species. However, for coarse anglers we find the reverse, angling demand is greater in waters with lower ecological status. On average, across the different target species surveyed, anglers have a willingness to pay of €371 for a day's fishing. The additional benefit of angling in waters with high versus low ecological status was the highest for game anglers at a mean of €122 per day.

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Economic Valuation of Beach Quality Improvements: Comparing Incremental Attribute Values Estimated from Two Stated Preference Valuation Methods

Cited by 57 publications

References 20 publications

Assessing Non-market Benefits of Seagrass Restoration in the Gulf of Gdańsk

Assessing Non-market Benefits of Seagrass Restoration in the Gulf of Gdańsk

The Environmental Conservation Value of the Saemangeum Open Sea in Korea

Water quality and recreational angling demand in Ireland

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