Estimating the value of achieving “good ecological status” in the Boyne river catchment in Ireland using choice experiments

Stithou, M., Hynes, S., Hanley, N. and Campbell, D. (2012) Estimating the value of achieving “good ecological status” in the Boyne river catchment in Ireland using choice experiments. Economic and Social Review, 43(3), pp. 397-422.

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Publisher's URL: http://www.esr.ie/article/view/44

Abstract

Following the implementation of the Water Framework Directive (WFD), integrated catchment management plans must be prepared for all river basins in order to achieve “Good Ecological Status” (GES) in all EU waters. This concept is a broader measure of water quality than the chemical and biological measures which were previously dominant in EU water policy. The directive also calls for a consideration of the economic costs and benefits of improvements to the water bodies” ecological status in catchment management plans, along with the introduction of full social cost pricing for water use. In this paper, the Choice Experiment (CE) method of valuation is used to estimate the value of improvements in a number of components of ecological status in the Boyne river catchment in Ireland. The study determines what value the targeted population of the catchment place on the non-market economic benefits of moves towards GES. In addition, the effect of various factors of observed individual heterogeneity on choice is explored.

Item Type:Articles
Additional Information:This study was funded by Teagasc under the Walsh Fellowship programme, the Department of Agriculture, Fisheries and Food under the Research Stimulus Fund and the Environment Protection Agency under the Science, Technology, Research and Innovation for the Environment (STRIVE) Programme 2007-2013.
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Hanley, Professor Nicholas
Authors: Stithou, M., Hynes, S., Hanley, N., and Campbell, D.
College/School:College of Medical Veterinary and Life Sciences > School of Biodiversity, One Health & Veterinary Medicine
Journal Name:Economic and Social Review
Publisher:Economic and Social Studies
ISSN:0012-9984
ISSN (Online):0012-9984

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