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| Ding, Helen; Silvestri, Silvia; Chiabai, Aline; Nunes, Paulo A.L.D.. |
| In this paper we present a systematic attempt to assess economic value of climate change impact on forest ecosystems and human welfare. In the present study, climate change impacts are downscaled to the different European countries, which in turn constitute the elements of our analysis. First, we anchor the valuation exercise in the Millennium Ecosystem Assessment (MEA) Approach and therefore the link between the different forest ecosystem goods and services, including provisioning, regulating and cultural services, human well-being and climate change. Second, climate change is operationalized by exploring the different storylines developed by the International Panel on Climate Change (IPCC) and applied, downscaled, for each of the European countries under... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Wood Products; Biodiversity; Climate Change; Market and Non-market Valuation Methods; Ecosystem Goods and Services; Millennium Ecosystem Assessment; Environmental Economics and Policy; Q57. |
| Ano: 2010 |
URL: http://purl.umn.edu/61373 |
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| Galarraga, Ibon; Oses, Nuria; Markandya, Anil; Chiabai, Aline; Khantun, Kaysara. |
| As a consequence of Climate Change sea level rise as well as a change in the intensity and propensity of rain are expected in the Basque Country. Valuing the costs and benefits of adapting to these changes becomes an important piece of information for the planning process. This paper develops two methodological frameworks. The first one devoted to estimating the economic impacts to urban areas of an increase in the risk of flooding. The values estimated for the Nervión river in the city of Amurrio (Álava) indicate that the average expected damage will increase in 15 per cent as a consequence of CC (from €56,097 to €64,451). For an extreme episode the total loss could increase to €20 million. The second framework is oriented towards the valuation of the... |
| Tipo: Journal Article |
Palavras-chave: Climate change impacts; Economic valuation; Environmental Economics and Policy; Q51; Q54. |
| Ano: 2011 |
URL: http://purl.umn.edu/117620 |
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| Alberini, Anna; Chiabai, Aline. |
| We use data from a survey of residents of five Italian cities conducted in late Spring 2004 to estimate the discount rates implicit in (a) money v. future risk reductions and (b) money v. money tradeoffs. We find that the mean personal discount rate is 2% in (a) and 8.7% in (b). The latter is lower than the discount rates estimated in comparable situations in many recent studies, greater than market interest rates in Italy at the time, and exhibits modest variation with age and gender. The discount rate implicit in money v. risk tradeoffs is in line with estimates from studies in the US and Europe, and does not depend on observable individual characteristics. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Risk and Uncertainty. |
| Ano: 2006 |
URL: http://purl.umn.edu/12209 |
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| Chiabai, Aline; Travisi, Chiara M.; Ding, Helen; Markandya, Anil; Nunes, Paulo A.L.D.. |
| By using ad hoc value transfer protocols, this paper offers a methodological contribution and provides accurate per hectare estimates of the economic value of some selected ecosystem services for all forest biomes in the world, identified following the Millennium Ecosystem Assessment taxonomy MEA. The research also estimates potential total economic losses from policy inaction in year 2050. Final results show that total losses are significant. The total figure is €78 billion, the greatest losses coming from North America and Mexico, followed by Africa, Russia and some Asiatic countries. Most of this loss is attributable to provisioning services and carbon sequestration, while only a minor part is due to loss of cultural services. In terms of biomes the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Forest; Ecosystem Services; Biodiversity; Valuation; Value Transfer; Environmental Economics and Policy; O13; Q23; Q26; Q51; Q54; Q57. |
| Ano: 2009 |
URL: http://purl.umn.edu/50361 |
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| Nunes, Paulo A.L.D.; Chiabai, Aline. |
| This paper provides an assessment of the economic value of the oceanographic services provided by the Mediterranean operational forecasting system, MFSTEP. The main purpose of this exploratory study is to carry out a cost-benefit analysis for different development scenarios, by comparing the costs associated with the project implementation with the private benefits that arise from delivering its products on the market. As far as the costs are concerned, a total cost assessment has been performed by identifying, classifying and estimating the wide range of inputs that have been allocated both to the project development and maintenance. Against this context, a cost questionnaire has been designed and administered to all MFSTEP partners. In addition, the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/12219 |
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| Alberini, Anna; Tonin, Stefania; Turvani, Margherita; Chiabai, Aline. |
| We use conjoint choice questions to investigate peoples preferences for income and reductions in mortality risks delivered by contaminated site remediation policies. Our survey is self-administered using the computer by residents of four cities in Italy with severely contaminated sites. We estimate the Value of a Statistical Life to be about 5.6 million for an immediate risk reduction. If the risk reduction takes place 20 years from now, however, the implied VSL is about 1.26 million. The discount rate implicit in the responses to the conjoint choice questions is about 7%. People are willing to pay for permanent risk reductions, but not just any amount. Risk reductions in the nearer future are valued more highly than risk reductions in the more distant... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/12208 |
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| Turvani, Margherita; Chiabai, Aline; Alberini, Anna; Tonin, Stefania. |
| Cleaning up contaminated sites is one of the most important environmental policy priorities in many countries. Remediation of contaminated sites is attractive because it reduces risks to human health and ecological systems, and brings a host of potential social and economic benefits. Even when the burden of paying for cleanup is imposed on the parties that are responsible for the contaminated sites, in many countries government programs are established for enforcement purposes, to set cleanup standards, and to address contamination at those sites where the responsible parties are no longer in existence or do not have the means to pay for cleanup (orphan sites). This paper presents the results of a survey of the Italian public where we ask citizens to... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2007 |
URL: http://purl.umn.edu/10276 |
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| Alberini, Anna; Chiabai, Aline. |
| We use contingent valuation to elicit WTP for a reduction in the risk of dying for cardiovascular and respiratory causes, the most important causes of premature mortality associated with heat wave and air pollution, among the Italian public. The purpose of this study is three-fold. First, we obtain WTP and VSL figures that can be applied when estimating the benefits of heat advisories, other policies that reduce the mortality effects of extreme heat, and environmental policies that reduce the risk of dying for cardiovascular and respiratory causes. Second, our experimental study design allows us to examine the sensitivity of WTP to the size of the risk reduction. Third, we examine whether the WTP of populations that are especially sensitive to extreme heat... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2005 |
URL: http://purl.umn.edu/12232 |
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| Alberini, Anna; Chiabai, Aline; Muehlenbachs, Lucija. |
| We use conjoint choice questions to ask public health and climate change experts, contacted at professional meetings in 2003 and 2004, which of two hypothetical countries, A or B, they deem to have the higher adaptive capacity to certain effects of climate change on human health. These hypothetical countries are described by a vector of seven attributes, including per capita income, inequality in the distribution of income, measures of the health status of the population, the health care system, and access to information. Probit models indicate that our respondents regard per capita income, inequality in the distribution of income, universal health care coverage, and high access to information as important determinants of adaptive capacity. A... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2005 |
URL: http://purl.umn.edu/12216 |
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