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AN INSIGHT INTO THE ECONOMIC VALUE OF REEF ENVIRONMENTS THROUGH THE LITERATURE: THE CASE OF THE SEAFLOWER BIOSPHERE RESERVE Boletín de Investigaciones
Londoño-Díaz,Luz; Vargas-Morales,Myriam.
The Seaflower Biosphere Reserve (SBR) is one of the few places in Colombia with a set of available studies on the economic value of its reef environments. This paper seeks to review the policy applications of these studies, and evaluate the use of benefit transfer (BT) methods to predict value estimates for sites in the SBR where no valuations have been performed. First, the paper provides an analysis and categorization of policy uses of existing results. A set of economic valuation studies were identified as somewhat influential in policy applications, because they provided financial sustainability tools for marine protected areas. A case study was selected from the pool of influential studies in order to assess the viability of BT. Second, the viability...
Tipo: Info:eu-repo/semantics/article Palavras-chave: Archipelago of San Andrés; Old Providence and Santa Catalina; Economic valuation; Benefit transfer; Coral reefs; Decision-making.
Ano: 2015 URL: http://www.scielo.org.co/scielo.php?script=sci_arttext&pid=S0122-97612015000100005
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Mangrove Ecosystem Service Values and Methodological Approaches to Valuation: Where Do We Stand? ArchiMer
Himes-cornell, Amber; Grose, Susan O.; Pendleton, Linwood.
Mangroves, seagrass meadows, and salt marshes, collectively termed “Blue Forests,” are counted among the most valuable and productive coastal ecosystems on the planet. A recent literature review of the Blue Forest valuation research identified mangroves as the most frequently analyzed of these ecosystems, yet the literature demonstrates several deficits in terms of geographic location of studies, methods used to value the services, and most notably, a lack of valuation for cultural services. To better understand this, we analyzed the studies dealing specifically with mangroves from the original literature review to quantify what has been valued, where, by which methods, and the variation in the published values. We then use this information to synthesize...
Tipo: Text Palavras-chave: Ecosystem services; Mangrove; Economic valuation; Cultural ecosystem services; Benefit transfer.
Ano: 2018 URL: https://archimer.ifremer.fr/doc/00461/57258/59287.pdf
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Benefit Transfer as Preference Calibration AgEcon
Smith, V. Kerry; van Houtven, George; Pattanayak, Subhrendu K..
This paper proposes and illustrates the use of a new approach to benefit transfer for the non-market valuation of environmental resources. It treats transfer as an identification problem that requires assessing whether available benefit estimates permit the parameters of a preference function to be identified. The transfer method proposed uses these identifying restrictions to calibrate preference parameters and bases the benefit estimates on that preference function. The approach is illustrated using travel cost, hedonic and contingent valuation estimates, as well as combinations of estimates. It has three potential advantages over conventional practice: (1) it allows multiple, potentially overlapping estimates of the benefits of an improvement in...
Tipo: Working or Discussion Paper Palavras-chave: Benefit transfer; Calibration; Non-market valuation; Environmental Economics and Policy; D61; Q20; H40.
Ano: 1999 URL: http://purl.umn.edu/10607
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Establishing a benefits transfer database for biosecurity decision making an indigenous biodiversity AgEcon
Bell, Brian A.; Cudby, Charlotte; Yap, Michael.
An imbalance of quantitative information on pest and disease impacts hampers biosecurity decision-making; there is relatively good information about impacts on industry, but relatively poor information about how society values the impacts on indigenous biodiversity. A benefits transfer process based on a database of choice experiments could help to redress this imbalance. This paper: briefly reviews four choice experiments that will be the foundation of a database; reviews benefit transfer literature; and sets out framework ideas for a Decision Support System (DSS), which will incorporate biodiversity values via a process for benefit transfer to facilitate more informed biosecurity decisions.
Tipo: Conference Paper or Presentation Palavras-chave: Benefit transfer; Database; Biosecurity; Biodiversity; Decision support system; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/47621
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Testing for differences in benefit transfer values between state and regional frameworks AgEcon
Rolfe, John; Windle, Jill.
Policy makers are often interested in transferring non-market estimates of environmental values from a ‘source’ study to predict economic values at a ‘target’ site. While most applications of the benefit transfer process involve an opportunistic search for suitable source studies, there are some examples available of more systematic approaches to developing a framework of values for benefit transfer processes. A key issue in developing such a framework is to deal with adjustment factors, where value estimates might vary systematically according to the context of the trade-offs. Previous research has identified that large differences in scope, such as between national and regional contexts, do affect values and hence benefit transfer. The research reported...
Tipo: Article Palavras-chave: Benefit transfer; Choice modelling; Environmental valuation; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/118536
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Developing a benefit transfer database for environmental values in Queensland AgEcon
Windle, Jill; Rolfe, John.
made in one situation to related circumstances. The benefit transfer process is typically reliant on the availability of a number of source studies which have appropriate levels of reliability and relevance to the issue of interest. However, the limited number of non-market valuation studies to draw on for source values currently limits the benefit transfer process. In this paper, an alternative approach to benefit transfer is outlined where a series of valuation studies were specifically performed to build a reference data base of values for benefit transfer purposes. The choice modelling technique was used to estimate community values for protecting soil, water and vegetation stocks in Queensland, Australia, where both state and regional populations were...
Tipo: Conference Paper or Presentation Palavras-chave: Benefit transfer; Environmental valuation; Choice modelling; Environmental Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10369
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Estimation of a Surface Water Quality Valuation Index for the Appalachian Region AgEcon
Khatri-Chhetri, Arun; Collins, Alan R..
A surface water quality valuation index is developed and used to compare counties across the Appalachian Region. This index was based on a meta-analysis of non-market water quality valuation studies along with an application of benefit transfer. The results reveal that Pennsylvania, Georgia, and New York had the highest percentages of counties with high index values within the Appalachian Region. As this research was part of an inter-disciplinary team assembled by the Appalachian Regional Commission, results of this index can be compared to other indices computed for water resources in the region.
Tipo: Conference Paper or Presentation Palavras-chave: Meta-analysis; Benefit transfer; Contingent valuation; Willingness-to-pay; Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/103653
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Land Use Change and Ecosystem Valuation in North Georgia AgEcon
Ngugi, Daniel; Mullen, Jeffrey D.; Bergstrom, John C..
A model of land allocation at the aggregate watershed level was developed assuming profit/net benefit maximization under risk neutrality. The econometric land use model was analyzed as an equation by equation SURE model as all the independent variables were the same for both equations. In analyzing effect of land use change on water quality, we took year 2005 as our baseline and postulated three land use scenarios. We applied Benefit Transfer techniques to value water quality changes resulting from land use change and estimated lower bounds for WTP to improve water quality to meet the FCB criterion for drinking water supply and fishing waters and BOD (DO) criteria for fishing waters. Water quality modeling revealed that land use change would result in...
Tipo: Conference Paper or Presentation Palavras-chave: Ecosystem; Economic value; North Georgia; Land use; Land use change; Fish; Water quality; Structural time series; Willingness to pay; Benefit transfer; Forecasting; Vector autoregression; Upper Chattahoochee River; Environmental Economics and Policy; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/6119
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Benefit Transfer: Choice Experiment Results AgEcon
Kerr, Geoffrey N.; Sharp, Basil M.H..
Benefit transfer entails using estimates of non-market values derived at one site as approximations to benefits at other sites. The method finds favour because it can be applied quickly and cheaply, however the validity of benefit transfer is frequently questioned. Published studies generally indicate that errors from the approach can be extremely large and could result in significant resource misallocations. Assessing the validity of benefit transfer is complicated by differences in the nature of study and policy sites, the changes being valued, valuation methods, time of study, availability of substitutes and complements, and demographic, social and cultural differences. A choice experiment was used to evaluate the transferability of benefit estimates...
Tipo: Conference Paper or Presentation Palavras-chave: Choice model; Choice experiment; Benefit transfer; Mitigation; Agricultural and Food Policy; Environmental Economics and Policy; Financial Economics; Land Economics/Use; Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/97774
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Land Use Change and Ecosystem Valuation in North Georgia AgEcon
Ngugi, Daniel; Mullen, Jeffrey D.; Bergstrom, John C..
This study seeks to forecast land use change in a North Georgia ecosystem, and estimate the economic value of the ecosystem using benefit transfer techniques. We forecast land use change based on a structural time series model and a simple growth rate model. The study suggests a lower bound willingness to pay value of about USD 16,000 per year to ensure compliance with fishing and drinking water quality standards with regard to fecal coliform bacteria and dissolved oxygen. Conservation efforts are likely to cost less than the cost of defensive behavior or ecosystem restoration.
Tipo: Conference Paper or Presentation Palavras-chave: Ecosystem; Economic value; North Georgia; Land use; Water quality; Structural time series; Benefit transfer; Forecasting.; Environmental Economics and Policy; Land Economics/Use; Q51; Q53; Q57.
Ano: 2009 URL: http://purl.umn.edu/46853
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Testing Choice Experiment for Benefit Transfer AgEcon
Colombo, Sergio; Calatrava-Requena, Javier; Conzalex-Roa, M.C..
Benefit transfer is a cost-effective method for estimating the value of environmental goods that relies on information obtained in previous studies. The multi-attribute approach of choice experiment should provide advantages in terms of benefit transfer allowing differences in environmental improvements between sites as well as differences in socio-economic and attitude characteristics between respondent populations. Furthermore, choice experiment allows the estimation of implicit prices and the welfare change for many scenarios. If the transferability of these values is confirmed, that would be good news for benefit transfer practitioners. This paper investigates the capability of choice experiment method to be used in environmental benefit transfer.
Tipo: Conference Paper or Presentation Palavras-chave: Choice experiment; Benefit transfer; Soil erosion; Research Methods/ Statistical Methods; Q30.
Ano: 2005 URL: http://purl.umn.edu/24747
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Testing Different Types of Benefit Transfer in Valuation of Ecosystem Services: New Zealand Winegrowing Case Studies AgEcon
Baskaran, Ramesh; Cullen, Ross; Colombo, Sergio.
Most ecosystem services (ES) are neither priced nor marketed. Resource managers may fail to take into account degradation of unpriced services in their resource management decisions. Being able to estimate values for ES is fundamental to designing policies to induce resource users to provide (or improve) ES at levels that are acceptable to society. Conducting ecosystem valuation via non-market methods is costly and time consuming. Benefit Transfer (BT) using choice modeling (CM) is a potentially cost-effective method for valuing ES by transferring information from existing valuation studies (and study sites) to a target area of interest (policy sites). The prime objective of this paper is to examine the validity of BT and hence whether it is feasible to...
Tipo: Conference Paper or Presentation Palavras-chave: Benefit transfer; Choice modeling; New Zealand winegrowing; Ecosystem services.
Ano: 2009 URL: http://purl.umn.edu/48189
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Land Use Change, Benefit Transfer and Ecosystem Valuation in North Georgia AgEcon
Ngugi, Daniel; Mullen, Jeffrey D.; Bergstrom, John C..
This study seeks to forecast land use change in a North Georgia ecosystem, and estimate the economic value of the ecosystem using benefit transfer techniques. We forecast land use change based on a structural time series model and a simple growth rate model. The study suggests a lower bound willingness to pay value of about USD 16,000 per year to ensure compliance with fishing and drinking water quality standards with regard to fecal coliform bacteria and dissolved oxygen. Conservation efforts are likely to cost less than the cost of defensive behavior or ecosystem restoration.
Tipo: Conference Paper or Presentation Palavras-chave: Ecosystem; Economic value; North Georgia; Land use; Water quality; Structural time series; Benefit transfer; Forecasting; Environmental Economics and Policy; Land Economics/Use; Q51; Q53; Q57; R14.
Ano: 2009 URL: http://purl.umn.edu/47110
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The Value of EU Agricultural Landscape AgEcon
Pavel, Ciaian; Gomez y Paloma, Sergio.
The present paper provides a meta-analysis of agricultural landscape valuation studies and through the estimated benefit transfer function it projects the value of EU landscape. The analyses are based on information from more than thirty European and Non-European studies which use stated preference approach to uncover the society's willingness to pay (WTP) for landscape. Our calculations show that, the per hectare WTP in EU varies between 89 and 169 €/ha with an average value of 142 €/ha in 2009. Further the calculations indicate that the total value of EU landscape in 2009 is estimated to be in the range of €16.1 – 30.8 billion per year, with an average of €25.8 billion, representing around 7.5 percent of the total value of EU agricultural production and...
Tipo: Conference Paper or Presentation Palavras-chave: Landscape; Benefit transfer; WTP; Consumer/Household Economics; Environmental Economics and Policy; Public Economics; Q51; Q41.
Ano: 2011 URL: http://purl.umn.edu/102727
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AN EMPIRICAL ASSESSMENT OF CONVERGENT VALIDITY OF BENEFIT TRANSFER IN CONTINGENT CHOICE: INTRODUCTORY APPLICATIONS WITH NEW CRITERIA AgEcon
Jiang, Yong; Swallow, Stephen K.; McGonagle, Michael P..
Benefit transfer has been an important, practical policy tool appealing to government agencies, especially when time or budget is constrained. However, the existing literature fails to support convergent validity of benefit transfer using the stated-preference method. This empirical study examines the convergent validity of benefit transfer using the choice modeling method, a potentially promising technique compatible with the heterogeneity of the transfer contexts. Based on a survey designed for Rhode Island (RI) and modified only slightly for Massachusetts (MA), regarding coastal land management, four convergent validity tests were conducted on the benefit transfer from RI to MA. Although results fail to support convergent validity in all aspects, the...
Tipo: Conference Paper or Presentation Palavras-chave: Benefit transfer; Contingent choice method; Choice experiment; Convergent validity; Land management; Land Economics/Use.
Ano: 2004 URL: http://purl.umn.edu/20040
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Valuing environmental improvements in the Great Barrier Reef: Ecological and preference heterogeneity in local area case studies AgEcon
Rolfe, John; Windle, Jill.
The focus of this report is to test if protection values at a particular GBR site may be easily transferred to other case studies of interest in the region. The research involved valuing three local case studies in the GBR and testing how values were consistent across site and population characteristics. The sites were chosen to reflect substantial heterogeneity in extent, ecological composition and condition, while values were assessed for both local and distant populations. The results are encouraging, indicating that although significant heterogeneity was identified with the mixed logit models, values were robust to various site and population differences. No significant difference in protection values between the three local case studies could be...
Tipo: Journal Article Palavras-chave: Choice modelling; Benefit transfer; Population effects; Great Barrier Reef; Willingness-to-pay; Willingness-to-accept; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/95052
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