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Economic Valuation of Forest Ecosystem Services: Methodology and Monetary Estimates AgEcon
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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Comparing Tax and Tax Reallocations Payments in Financing Rail Noise Abatement Programs: Results from a CE valuation study in Italy AgEcon
Nunes, Paulo A.L.D.; Travisi, Chiara M..
The paper examines the use of choice experiments (CE) to assess the economic value of alternative rail noise reduction interventions on the so-called Brennero railway, Italy. The novelty of this paper is threefold. To our knowledge, this is the first study on the valuation of noise conducted in Italy and it is the first example of CE applied in the field of rail noise valuation. Second, we consider not only the economic value assessment of noise reduction but also how this reduction is achieved, ranging from policy instruments such as barriers or train technology. Third, the paper provides an original contribution in the valuation literature since we test formally the econometric robustness of the CE estimates under three payment vehicles. In fact, we...
Tipo: Working or Discussion Paper Palavras-chave: Public Economics.
Ano: 2006 URL: http://purl.umn.edu/12210
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A Meta-Analysis of the Willingness to Pay for Reductions in Pesticide Risk Exposure AgEcon
Florax, Raymond J.G.M.; Travisi, Chiara M.; Nijkamp, Peter.
The use of environmental policy instruments such as eco-labelling and pesticide taxes should preferably be based on disaggregate estimates of the individuals’' willingness to pay (WTP) for pesticide risk reductions. We review the empirical valuation literature dealing with pesticide risk exposure and develop a taxonomy of environmental and human health risks associated with pesticide usage. Subsequently, we use meta-analysis to investigate the variation in WTP estimates for reduced pesticide risk exposure. Our findings show that the WTP for reduced risk exposure is approximately 15% greater for medium, and 80% greater for high risk-levels, as compared to low risk levels. The income elasticity of pesticide risk exposure is generally positive, although not...
Tipo: Conference Paper or Presentation Palavras-chave: Institutional and Behavioral Economics.
Ano: 2005 URL: http://purl.umn.edu/19524
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Are Italians Willing to Pay for Agricultural Environmental Safety? A Stated Choice Approach AgEcon
Travisi, Chiara M.; Nijkamp, Peter.
The widespread use of pesticides in agriculture provides a particularly complex pattern of multidimensional negative side-effects, ranging from food safety related effects to the deterioration of farmland ecosystems. The assessment of the economic implications of such negative processes is fraught with many uncertainties. This paper presents results of an empirical study recently conducted in the North of Italy aimed at estimating the value of reducing the multiple impacts of pesticide use. This type of analysis is rather novel in Italy. A statistical technique known as choice modelling is used here in combination with contingent valuation techniques. The experimental design of choice modelling provides a natural tool for tackling simultaneously the...
Tipo: Conference Paper or Presentation Palavras-chave: Pesticide risks; Food safety; Willingness-to-pay; Choice modeling; Contingent valuation; Environmental Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/24988
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