On the value of drovers’ routes as environmental assets: A contingent valuation approach

Salazar, Salvador del Saz; Guaita-Pradas, Inmaculada

doi:10.1016/j.landusepol.2012.10.006

Cited by 17 publications

(9 citation statements)

References 57 publications

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“…In our study, most of the reasons associated with protest responses (22.8%) referred to the allegation that natural resource preservation is a responsibility of the Government (55.7%), the existence of high taxes, represented by the phrase "we pay too much taxes" (11.5%), and by the mistrust of the effective use of resources for the preservation of the environmental good (8.2%). Similar reasons were also found in the study of Saz-Salazar and Guaita-Pradas (2013), where 32.6% of the answers were protest responses. According to Carson (1991), the level of protest responses found in these types of study are usually between 20 and 40%.…”

Section: Regression Logit With the Protest Responses (N=180)supporting

confidence: 85%

Environmental valuation of an artificial lake in Brazil: an application of the contingent valuation method

Simioni

Mombach

Donadel

et al. 2016

Rev. Bras. Ciênc. Ambient. (Online)

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This paper estimates the value of environmental damage generated by pollution in the artificial lake Salto Caveiras, evaluating the willingness to pay (WTP) of the local population for its recuperation and conservation. Environmental Concern Scale (ECS) was introduced, in addition to the socioeconomic variables, collected by the Contingent Valuation Method (CVM) and modeled by Logit regression and evaluated by multivariate statistics instruments, utilizing Principal Components Analysis (PCA). We demonstrate that 45.6% of the interviewed are willing to pay monthly. The others answered negatively: 18.9% because of payment incapacity, 12.8% would donate a smaller value than the one proposed and 22.8% gave a protest response.. The introduction of ECS as a new variable to CVM is significant as a unique and innovative variable provided by multivariate analysis indicated to be promising, what recommends such procedures to other studies.Keywords: environmental concern; multivariate analysis; valuation economic; water resource; water pollution. RESUMOO objetivo deste trabalho foi estimar o valor dos danos ambientais gerados pela poluição ao lago artificial Salto Caveiras, a partir da mensuração da disposição a pagar (DAP) da população local pela recuperação e conservação do mesmo. Foi introduzida na análise uma Escala de Consciência Ambiental (ECA), além do perfil socioeconômico, obtidos com a aplicação do Método de Valoração Contingente (MVC) e modelados pela regressão Logit e avaliados por instrumentos da estatística multivariada, utilizando-se da Análise de Componentes Principais (ACP). Os resultados revelam que 45,6% dos entrevistados estão dispostos a contribuir. Os outros responderam negativamente: 18,9% devido à incapacidade de pagamento, 12,8% propuseram um valor menor do que o sugerido e 22,8% deram uma resposta com caráter de voto de protesto. A introdução da ECA como uma nova variável ao MVC se mostrou significativa, bem como a visão holística, inédita e inovadora proporcionada pela análise multivariada se mostrou promissora, recomendando-se tais procedimentos para outros estudos.Palavras-chave: percepção ambiental; análise multivariada; valoração econômica; recurso hídrico; poluição da água.

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Section: Regression Logit With the Protest Responses (N=180)supporting

confidence: 85%

Environmental valuation of an artificial lake in Brazil: an application of the contingent valuation method

Simioni

Mombach

Donadel

et al. 2016

Rev. Bras. Ciênc. Ambient. (Online)

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“…A CVM is one of the most prevalent approaches [36,37] to estimate the total value (use and non-use value of an environmental good or service [38][39][40]. Regulating the use of non-marketed goods and services would limit their use to a so-called indirect use (non-use), which means stakeholders might benefit from the goods and services regardless of their intention to use [41].…”

Section: Methodsmentioning

confidence: 99%

Willingness to Pay for a Highland Agricultural Restriction Policy to Improve Water Quality in South Korea: Correcting Anomalous Preference in Contingent Valuation Method

Choi

Kim

Shin

et al. 2016

Water

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This study examines the willingness to pay (WTP) for the highland agriculture restriction policy which aims to stabilize the water quality in the Han River basin, South Korea. To estimate the WTP, we use a double-bounded contingent valuation method and a random-effects interval-data regression. We extend contingent valuation studies by dealing with the potential preference anomalies (shift, anchoring, and inconsistent response effects). The result indicates that after the preference anomalies are corrected, the statistical precision of parameter estimates is improved. After correcting the potential preference anomalies, estimated welfare gains are on average South Korean currency (KRW) 2,861 per month per household. Based on the WTP estimate, the total benefits from the land use restriction policy are around KRW 297.73 billion and the total costs are around KRW 129.44 billion. The net benefit is, thus, around KRW 168.29 billion. This study suggests several practical solutions that would be useful for the water management. First, a priority should be given to the valid compensation for the highland farmers' expected income loss. Second, it is necessary to increase in the unit cost of the highland purchase. Third, wasted or inefficiently used costs (e.g., overinvestment in waste treatment facilities, and temporary upstream community support) should be transferred to the program associated with high mountainous agriculture field purchase. Results of our analysis support South Korean legislators and land use policy makers with useful information for the approval and operationalization of the policy.

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“…Moreover, we can obtain the estimates for α and β by applying the maximum likelihood estimation method to Equation (3) [7,9,12,16,17,39,[44][45][46]. Using these, the well-known formula for the mean WTP can be calculated as:…”

Section: Modeling Of Wtp: Oohb DC Spike Modelmentioning

confidence: 99%

“…As will be discussed in the next section, it has been most widely employed in the context of empirical work measuring the WTP for endangered species [10][11][12]. The CV method usually asks randomly selected respondents questions about whether they are willing to pay a specified amount for obtaining a good through a national survey.…”

Section: Introductionmentioning

confidence: 99%

The Economic Benefits of the Dokdo Seals Restoration Project in Korea: A Contingent Valuation Study

2017

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Abstract:Northern fur seals (Callorhinus ursinus), especially those that live in Dokdo, Korea, represent an endangered species in Korea. Thus, the government is considering the implementation of the Dokdo Seals (DS) restoration project. This article looks at the economic benefits for implementing the project, which includes making habitats for the DS, such as an artificial sea ranch, and training DS rescued from fishing nets and wounded in the wild to adapt to the wild so that they can be released into the Dokdo Sea. To this end, we looked at the willingness to pay (WTP) for the implementation of the project by conducting a contingent valuation (CV) survey of 1000 Korean households. We employed a one-and-one-half-bounded dichotomous choice question format. Furthermore, we used a spike model to model the WTP responses with zero observations. The mean yearly WTP for the project implementation was computed to be KRW 4923 (USD 4.86) for next ten years per household, which is statistically significant at the 1% level. The national annual value amounts to KRW 90.9 billion (USD 89.8 million). This value can be taken as an indication of the economic benefits of restoring the endangered species.

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On the value of drovers’ routes as environmental assets: A contingent valuation approach

Cited by 17 publications

References 57 publications

Environmental valuation of an artificial lake in Brazil: an application of the contingent valuation method

Environmental valuation of an artificial lake in Brazil: an application of the contingent valuation method

Willingness to Pay for a Highland Agricultural Restriction Policy to Improve Water Quality in South Korea: Correcting Anomalous Preference in Contingent Valuation Method

The Economic Benefits of the Dokdo Seals Restoration Project in Korea: A Contingent Valuation Study

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