Improving value transfer through socio-economic adjustments in a multicountry choice experiment of water conservation alternatives

Brouwer, Roy; Martín-Ortega, Julia; Dekker, Thijs; Sardonini, Laura; Andreu, Joaquín; Kontogianni, Areti; Skourtos, M.; Raggi, Meri; Viaggi, Davide; Pulido-Velázquez, Manuel; Rolfe, John; Windle, Jill

doi:10.1111/1467-8489.12099

Cited by 32 publications

(24 citation statements)

References 50 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Moreover, given that most studies are concentrated in a small handful of developed countries, analysts may wish to transfer values across borders. However, as recent studies that have conducted international benefits transfers have shown, there remain numerous questions about the best manner in which to conduct these types of transfers to minimize transfer error (Lindhjem and Navrud, 2008;Brouwer et al, 2015).…”

Section: Applying Ter Marine Species Values To Policymentioning

confidence: 99%

Willingness to pay for threatened and endangered marine species: a review of the literature and prospects for policy use

Lew

2015

Front. Mar. Sci.

View full text Add to dashboard Cite

Non-market valuation methods have been employed to estimate willingness to pay for numerous threatened, endangered, and rare (TER) species over the past few decades. While most of these efforts have focused on terrestrial species, over 30 published studies have been conducted to measure economic values associated with the preservation, protection, and enhancement of scores of marine species. In this paper, this literature is reviewed and assessed, and an evaluation of the suitability of existing TER species values as inputs for the analysis of marine and coastal policies, and the prospects and challenges for improving them, are discussed. The published literature is found to suffer from coverage issues, both geographical and in terms of species types. It includes stated preference valuation studies focused on marine species only in developed countries (United States, Canada, Australia, United Kingdom, Spain, and Greece), with the highest concentration of studies occurring in the United States. The species valued primarily can be classified as charismatic megafauna-seals and sea lions, whales, and sea turtles-plus well-known fish species, like salmon. Only a small handful of lesser known species are included among those valued to date. Species value estimates were as much as $356 (2013 U.S. dollars), but differed in the frequency of payments (e.g., lump sum vs. annual), the entity paying (e.g., household, resident, or visitor), and the specific good being valued (e.g., species preservation or a type of enhancement). Potential sources of errors arising from the use of these values for policy analyses, and the temporal stability of them, provide reasons to be cautious in their application. Nevertheless, several trends in the literature appear to provide reasons to be optimistic about the literature, particularly the recent expansion of types of species valued and more policy-relevant values.

show abstract

Section: Applying Ter Marine Species Values To Policymentioning

confidence: 99%

Willingness to pay for threatened and endangered marine species: a review of the literature and prospects for policy use

Lew

2015

Front. Mar. Sci.

View full text Add to dashboard Cite

show abstract

“…The WFD allows derogations from 'good ecological status' where remediation projects may be technically infeasible, or where remediation costs may be disproportionate to the benefits created (Article 4, par. 4,5,7). The financial costs of pollution remediation must be offset against the benefits of that remediation.…”

Section: Introductionmentioning

confidence: 99%

River Water Quality: Who Cares, How Much and Why?

Hampson

Ferrini

Rigby

et al. 2017

Water

View full text Add to dashboard Cite

An important motivation for the implementation of the Water Framework Directive is the creation of non-market environmental benefits, such as improved ecological quality, or greater opportunities for open-access river recreation via microbial pollution remediation. Pollution sources impacting on ecological or recreational water quality may be uncorrelated, but non-market benefits arising from riverine improvements are typically conflated within benefit valuation studies. Using stated preference choice experiments embedded within a survey that also collected respondents' socio-economic characteristics, we aimed to disaggregate these sources of value for different river users, thereby allowing decision makers to understand the consequences of adopting alternative investment strategies. Our results suggested that anglers derived greater value from improvements to the ecological quality of river water, in contrast to swimmers and rowers, for whom greater value is gained from improvements to recreational quality. More generally, we found three distinct groups of respondents: a majority preferring ecological over recreational improvements, a substantial minority holding opposing preference orderings, and a yet smaller proportion expressing relatively low values for either form of river quality enhancement. As such, this research demonstrates that the non-market benefits that may accrue from different types of water quality improvements are nuanced in terms of their potential beneficiaries and, by inference, their overall value and policy implications.

show abstract

“…The class 6 Price, High Recreational Quality and RQ*EQ variables have heterogeneous variance within the CL model. 7 Latent class model generated using Latent Gold 5 [46]. membership covariates capture the impact of observables on class membership probabilities.…”

Section: Latent Class Resultsmentioning

confidence: 99%

“…The WFD allows derogations from 'good ecological status' where remediation projects may be technically infeasible or remediation costs may be disproportionate to the benefits created (article 4, par. 4,5,7). The financial costs of pollution remediation must be offset against the benefits of that remediation.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

River Water Quality: Who Cares, How Much and Why?

Hampson

Ferrini

Rigby³

et al. 2017

Preprint

View full text Add to dashboard Cite

Abstract:One important motivation for the implementation of the Water Framework Directive is the creation of non-market environmental benefits such as improved ecological quality, or greater opportunities for open-access river recreation via microbial pollution remediation. Pollution sources impacting on ecological or recreational water quality can be uncorrelated but non-market benefits arising from riverine improvements are typically conflated within benefit valuation studies. Using stated preference choice experiments, we seek to disaggregate these sources of value for different river users, thereby allowing decision makers to understand the consequences of adopting alternative investment strategies. Our results suggest anglers derive greater value from improvements to the ecological quality of river water, in contrast to swimmers and rowers for whom greater value is gained from improvements to recreational quality. We also find three distinct groups of respondents: a majority preferring ecological over recreational improvements, a substantial minority holding opposing preference orderings and a small proportion expressing relatively low values for either form of river quality enhancement. As such, this research demonstrates that the non-market benefits which may accrue from different types of water quality improvements are nuanced in terms of their potential beneficiaries and, by inference, their overall value and policy implications.

show abstract

Improving value transfer through socio-economic adjustments in a multicountry choice experiment of water conservation alternatives

Cited by 32 publications

References 50 publications

Willingness to pay for threatened and endangered marine species: a review of the literature and prospects for policy use

Willingness to pay for threatened and endangered marine species: a review of the literature and prospects for policy use

River Water Quality: Who Cares, How Much and Why?

River Water Quality: Who Cares, How Much and Why?

Contact Info

Product

Resources

About