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Registros recuperados: 8
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Are Preferences for Environmental Quality Sensitive to Financial Funding Schemes? Evidence from a Marine Restoration Programme in the Black Sea AgEcon
Remoundou, Kyriaki; Koundouri, Phoebe; Adaman, Fikret; Nunes, Paulo A.L.D..
This paper uses a non-market valuation study to elicit consumers’ preferences for a marine restoration programme in the Black Sea aiming to reduce the level of public health risk from bathing and improve water quality and the overall level of marine biodiversity. In this context, we administer a stated choice experiment in coastal settlements in Ukraine and Turkey and employ two tax revenue reallocation schemes as payment vehicles. One proposes the financing of the marine restoration programme by the reduction of the public budget for renewable energy and the second by the reduction of the public budget on training for civil servants. We examine the stated preferences and the subsequently derived economic value estimates in the two treatments with the aim...
Tipo: Working or Discussion Paper Palavras-chave: Non-Market Valuation; Stated Choice Experiment; Payment Vehicle; Tax Revenues Reallocation; Marine Resources; Black Sea; Marine Biodiversity; Developing Countries; Environmental Economics and Policy; Q22; Q28.
Ano: 2011 URL: http://purl.umn.edu/108204
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Assessing the economic viability of alternative water resources in water scarce regions: The roles of economic valuation, cost–benefit analysis and discounting AgEcon
Birol, Ekin; Koundouri, Phoebe; Kountouris, Yiannis.
This paper demonstrates a comprehensive methodology to assess the viability of an environmental management plan which has long-run economic and ecological impacts. The case study under consideration is the implementation of a water resource management plan in a water scarce region of the world, namely Cyprus. Specifically this plan proposes to replenish a depleting aquifer with treated wastewater. The methodology proposed first identifies the key stakeholder groups, namely farmers and the general public, who are hypothesized to derive economic values (benefits) from the implementation of this plan, and then implements stated preference methods to capture the total economic value of these benefits. Benefits are aggregated over the relevant populations of...
Tipo: Conference Paper or Presentation Palavras-chave: Aquifer recharge; Treated Wastewater; Total Economic Value; Choice Experiment; Long-run Cost Benefit Analysis; Declining Discounting; Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/51692
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Dynamic adaptation to resource scarcity and backstop availability: theory and application to groundwater AgEcon
Koundouri, Phoebe; Christou, Christina.
In this paper we analyse the optimal management of a renewable resource (groundwater) with stock-dependent extraction cost and a backstop substitute, facing two-sector linear demands. Application to the Kiti region in Cyprus demonstrates the model’s performance and is used to test for the difference between optimal and myopic behaviour. It is found that the presence of a backstop resource diminishes the importance of optimal dynamic behaviour, whereas in the absence of backstop the optimal control solution yields a value for social welfare significantly larger than the myopic policy.
Tipo: Journal Article Palavras-chave: Backstop technology; Endogenous adaptation; Gisser–Sanchez effect; Groundwater resource management; Multistage optimal control; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/116930
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On Production Function Estimation with Selectivity and Risk Considerations AgEcon
Koundouri, Phoebe; Nauges, Celine.
In the estimation of production functions, ignoring risk considerations can cause inefficient estimates, while biased parameter estimates arise in the presence of sample selection. In the presence of uncertainty and selection bias, the latter introduced by the endogeneity of qualitative characteristics of inputs in crop choice, we show that correcting for risk considerations (a la Just and Pope, 1978, 1979) but not selection bias, can produce incorrect inferences in terms of risk behavior. The arguments raised in this study have estimation and policy implications for stochastic production analysis applied to all goods whose qualitative characteristics can affect sample selection.
Tipo: Journal Article Palavras-chave: Crop choice; Production risk; Sample selection; Production Economics.
Ano: 2005 URL: http://purl.umn.edu/30977
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Second Best Environmental Policies under Uncertainty AgEcon
Antoniou, Fabio; Hatzipanayotou, Panos; Koundouri, Phoebe.
We construct a strategic trade model of an international duopoly, whereby production by exporting firms generates a local pollutant. Governments use environmental policies, i.e., an emissions standard or a tax, to control pollution and for rent shifting purposes. Contrary to their firm, however, governments are unable to perfectly foresee the actual level of demand, the cost of abatement and the damage caused from pollution. Under these modes of uncertainty we derive sufficient conditions under which the governments optimally choose an emissions tax over an emissions standard.
Tipo: Working or Discussion Paper Palavras-chave: Strategic Environmental Policy; Pollution; Choice of Policy Instrument; Uncertainty; Environmental Economics and Policy; F12; F18; Q58.
Ano: 2010 URL: http://purl.umn.edu/59375
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Tradable Permits vs Ecological Dumping AgEcon
Antoniou, Fabio; Hatzipanayotou, Panos; Koundouri, Phoebe.
In this paper we examine an alternative policy scenario, where governments allow polluting firms to trade permits in a strategic environmental policy model. We demonstrate, among other things, that with no market power in the permits market, governments of the exporting firms do not have an incentive to under-regulate pollution in order to become more competitive. This strategic effect is reversed and leads to a welfare level closer to the cooperative one and strictly higher to that when permits are non-tradable. Allowing for market power in the permits market, the incentive to under-regulate pollution re-appears regardless of whether permits are tradable or not. With tradable permits, however, the incentive to under-regulate pollution is comparatively...
Tipo: Working or Discussion Paper Palavras-chave: Strategic Environmental Policy; Tradable Permits; Race to the top; Environmental Economics and Policy; Q58; F12; F18.
Ano: 2010 URL: http://purl.umn.edu/59374
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USING A CHOICE EXPERIMENT TO ESTIMATE THE NON-USE VALUES OF WETLANDS: THE CASE OF CHEIMADITIDA WETLAND IN GREECE AgEcon
Birol, Ekin; Karousakis, Katia; Koundouri, Phoebe.
Despite wetlands being amongst the Earth’s most productive ecosystems, they have been degraded and lost at an unprecedented rate globally, especially throughout the last century. In recognition of the importance of the crucial ecological functions and economic benefits they provide, international efforts, such as the Ramsar Convention, and European Union level efforts, such as the Water Framework Directive (2000/60/EC), are now in place to ensure conservation, sustainable management and improvement of the remaining wetlands. This paper aims to assist policy makers in formulating efficient, effective and sustainable wetland conservation and management policies by providing them with the results of a valuation study using the Cheimaditida wetland in Greece...
Tipo: Working or Discussion Paper Palavras-chave: Choice experiment; Non-use values; Wetlands; Conditional logit model; Random parameter logit model; Land Economics/Use.
Ano: 2005 URL: http://purl.umn.edu/31934
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Warm glow in charitable auctions: Are the WEIRDos driving the results? AgEcon
Remoundou, Kyriaki; Drichoutis, Andreas C.; Koundouri, Phoebe.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/114795
Registros recuperados: 8
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