Non‐market valuation in New Zealand: Comment
In: New Zealand economic papers, Band 21, Heft 1, S. 125-128
ISSN: 1943-4863
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In: New Zealand economic papers, Band 21, Heft 1, S. 125-128
ISSN: 1943-4863
In: Revista portuguesa de estudos regionais: RPER = Portuguese review of regional studies, Heft 41, S. 49-59
ISSN: 2184-9269
Este artigo explora a literatura da avaliação económica de bens ambientais em Portugal com o objetivo de identificar oportunidades para reforçar os contributos para a definição de políticas. A análise considera quatro questões: o que tem sido feito neste domínio; quais as características comuns aos diferentes estudos; o que sabemos sobre a validade das estimações; e quais as tendências mais recentes. Conclui-se que a avaliação ambiental em Portugal tem uma aplicação regional relevante com destaque para parques naturais e paisagens. A avaliação contingente é o método mais utilizado. O preço, o rendimento e o uso do recurso para recreio estão entre as variáveis explicativas mais influentes. Os resultados confirmam a validade dos métodos e o seu potencial para fins de política local/regional.
In: Economic Analysis and Policy, Band 31, Heft 1, S. 33-56
In: Annals of leisure research: the journal of the Australian and New Zealand Association of Leisure Studies, Band 14, Heft 1, S. 60-83
ISSN: 2159-6816
A selection of articles presented in Nantes (France) at the first edition of WONV (Workshop on Non-Market Valuation) will be published in a special issue of Revue d'Economie Politique. In this introductory article, we provide an overview of the articles involving French institutions that were published between 2002 and 2013. We find that (a) the number of published articles tends to increase, (b) stated preferences preference methods are more often employed than revealed preference methods and (c) recreational/landscape goods are the most valued goods.
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A selection of articles presented in Nantes (France) at the first edition of WONV (Workshop on Non-Market Valuation) will be published in a special issue of Revue d'Economie Politique. In this introductory article, we provide an overview of the articles involving French institutions that were published between 2002 and 2013. We find that (a) the number of published articles tends to increase, (b) stated preferences preference methods are more often employed than revealed preference methods and (c) recreational/landscape goods are the most valued goods.
BASE
A selection of articles presented in Nantes (France) at the first edition of WONV (Workshop on Non-Market Valuation) will be published in a special issue of Revue d'Economie Politique. In this introductory article, we provide an overview of the articles involving French institutions that were published between 2002 and 2013. We find that (a) the number of published articles tends to increase, (b) stated preferences preference methods are more often employed than revealed preference methods and (c) recreational/landscape goods are the most valued goods.
BASE
In: American Journal of Agricultural Economics, Band 83, Heft 3, S. 487-500
SSRN
Revealed and stated preference techniques are widely used to assess willingness to pay (WTP) for non-market goods as input to public and private decision-making. However, individuals first have to satisfy subsistence needs through market good consumption, which affects their ability to pay. We provide a methodological framework and derive a simple ex post adjustment factor to account for this effect. We quantify its impacts on the WTP for non-market goods and the ranking of projects theoretically, numerically and empirically. This confirms that non-adjusted WTP tends to be plutocratic: the views of the richest-whatever they are-are more likely to impact decision-making, potentially leading to ranking reversal between projects. We also suggest that the subsistence needs-based adjustment factor we propose has a role to play in value transfer procedures. The overall goal is a better representation of the entire population's preferences with regard to non-market goods.
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This dissertation consists of two research projects in the area of Environmental Economics: water-recycling technology adoption and its cost-effectiveness in the U.S. horticulture industry (in Chapter 2), and urban tree cover's impact on residential location decision making in Milwaukee, WI (in Chapter 3). Chapter 2 evaluates the economic effects of labeling plants grown with water-recycling technology (WRT) practices in selected nursery operations in the Mid-Atlantic region of Virginia, Maryland and Pennsylvania. Partial budgeting, whole enterprise-level budgeting, sensitivity and break-even analyses are conducted to determine whether consumer premiums for plants grown with recycled water are sufficient to make WRT economically feasible combined with plant eco-labeling, and how such a labeling program would affect greenhouse/nursery production costs, gross revenues and net revenues. It is concluded that consumer premiums for plants grown with recycled water could offer nursery growers a method to improve their net returns while reducing pollution runoff and improving irrigation water usage efficiency. Chapter 3 focuses on non-market valuation of environmental (dis)amenities. Specifically, this chapter investigates the impact of urban tree cover on residential property location decision in the housing market of Milwaukee, WI. Residential sorting model embedded with "horizontal preference structure" is established to estimate the heterogeneous preferences for tree cover and other land cover attributes that vary by household socio-economic characteristics and then to identify the housing property owners' demand for these land cover attributes. The first part of this chapter mainly recovers the demand for "community trees" at the census block group level combined with 10 years property transaction data and neighborhood characteristics where the median income is aggregated to represent the household annual income. It is found that "community trees" are positively valued by the housing property owners and have a positive impact on housing price due to its positive externalities. Furthermore, income is found to be a strong exogenous demand shifter, leading to heterogeneous preference for the tree cover. The second part of Chapter 3 further investigates the impacts of both nearby trees and distant trees on residential property location decision using different spatial scales of land covers measurements. Instead of aggregating block group level median income, this study matches and merges disaggregated individual household annual incomes from the Home Mortgage Disclosure Act (HMDA) dataset to mitigate the potential aggregation bias. It is found that different spatial scales of land cover measurement result in varying willingness to pay estimates, implying that housing property owners have heterogeneous demands for nearby trees and distant trees. In other words, preferences for urban tree cover not only vary by household annual income, but also differ across spatial scales of the tree cover measurement. ; Doctor of Philosophy ; This dissertation contains two research projects related to researches on environmental economics. Chapter 2 talks about how adoption of water-recycling technology affects nursery growers finance (i.e., production cost, gross revenue, profit) and operation management in Mid-Atlantic region of Virginia, Maryland and Pennsylvania. It is found that consumers are willing to pay more money for horticultural plants produced with recycled water and these additional moneys would be sufficient for the growers to compensate the extra costs after adopting the water-recycling technology in the production. This study helps nursery growers and policy makers assess WRT adoption to improve crop water productivity and to reduce pollution of off-site surface waters. Chapter 3 discusses the impact of urban tree cover on housing price in the area of Milwaukee, WI. It is assumed that households with different socio-economic characteristics (e.g., household annual income) would have varying preferences for tree cover and other key characteristics when they make decisions on choosing their residential property locations. The first part of this chapter mainly focuses on community trees, namely the trees and forest within given census block groups. The second part of this chapter further takes nearby trees into consideration besides the distant trees so as to determine how trees on/near the residential properties affect the housing prices and whether the housing property owners prefer more trees on/near their properties. It is found that urban tree cover is valued by housing property owners and households with different income levels have diverse preferences for both nearby and distant trees. The research presented in this chapter not only makes academic contributions to the literatures of residential sorting model related to landscape (dis)amenities, but also facilitates the policy making of local governments and practitioners when it comes to urban and community trees and forestry programs.
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In: New Zealand economic papers, Band 20, Heft 1, S. 53-60
ISSN: 1943-4863
In: Revue d'économie politique, Band 125, Heft 2, S. 171-196
ISSN: 2105-2883
In: Marine policy, Band 36, Heft 5, S. 1166-1171
ISSN: 0308-597X
In: Marine policy: the international journal of ocean affairs, Band 36, Heft 5, S. 1166-1172
ISSN: 0308-597X
In: New horizons in environmental economics