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In: Environmental and resource economics, Band 56, Heft 1, S. 1-2
ISSN: 1573-1502
The paper considers methodological issues pertinent to the economic assessment of ecosystem services. It is primarily written for a natural science audience however it also proposes a methodology which is intended to be of interest to economists charged with undertaking valuation work for ecosystem service assessments. The first part of the report introduces the concepts underpinning the economic approach towards the assessment and valuation of ecosystem services. The second part considers the particular issues arising for the economic analysis of findings from the UK National Ecosystem Assessment (NEA). Annexes to the paper use a case study approach to illustrate particular issues. The first concerns potential conversions from agriculture into multi-purpose woodland and illustrates the quantification and valuation of land use change. The application of geographical information system (GIS) routines allows spatial complexity to be incorporated within the analysis. Key concepts are illustrated such as making allowance for subsidies, the marginal value concept, and the valuation of non-market externalities (such as carbon storage of open-access recreation). The case study also shows that, if issues such as spatial variation and externalities are ignored then sole reliance upon market prices can lead to perverse outcomes which are actually to the detriment of society. This spatial focus is extended in a second annex to consider issues arising in the aggregation of values. A third annex reproduces a short questionnaire send to natural scientists working on the NEA intended to help identify the goods which will be the focus of the economic analysis.
BASE
In: Project appraisal: ways, means and experiences, Band 4, Heft 2, S. 104-106
In: Land use policy: the international journal covering all aspects of land use, Band 26, S. S30-S42
ISSN: 0264-8377
In: The economic journal: the journal of the Royal Economic Society, Band 114, Heft 499, S. F539-F541
ISSN: 1468-0297
In: International affairs, Band 76, Heft 4, S. 874-875
ISSN: 0020-5850
Previous literature has found that politically conservative individuals express a lower willingness-to-pay (WTP) for environmental goods than left-wing supporters. Using data from three surveys valuing water we investigate the role of context by evaluating whether the means of provision (public or private) matters. While left-wing voters have higher WTP for publically provided public goods, right-wing voters have a higher WTP when a good is privately provided. Our findings have implications for values typically obtained for environmental public goods using survey data from constructed markets since scenarios typically describe improvements as being publically provided.
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In: Environmental and resource economics, Band 45, Heft 1, S. 1-1
ISSN: 1573-1502
In: Environmental and resource economics, Band 32, Heft 4, S. 443-444
ISSN: 1573-1502
In: The economic journal: the journal of the Royal Economic Society, Band 115, Heft 502, S. C176-C189
ISSN: 1468-0297
In: Environmental and resource economics, Band 5, Heft 4, S. 413-423
ISSN: 1573-1502
In: Oxford Agrarian Studies, Band 18, Heft 1, S. 53-61
In: Managing the environment for sustainable development 3