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Full-Text Articles in Economics
Valuation Of Oyster Reef Restoration Along The Gulf Coast, Freedom Enyetornye
Valuation Of Oyster Reef Restoration Along The Gulf Coast, Freedom Enyetornye
Theses and Dissertations
The objective of this study is to estimate the willingness to pay of U.S. Gulf Coast residents to support oyster reef restoration. The Gulf Coast is the leading commercial oyster- producing region in the United States, accounting for approximately 46% of the total commercial oyster harvest in 2021. My benefit estimates were based on data obtained from a contingent valuation survey of 6,475 Gulf Coast respondents. I estimated the willingness to pay (WTP) for oyster reef restoration using interval regression and Turnbull lower-bound methods. The estimated mean WTP value is in the range of $142 and $436 per household. The …
Spatial Dimensions Of Water Quality Value In New England River Networks, Robert J. Johnston, Klaus Moeltner, Seth Peery, Tom Ndebele, Zhenyu Yao, Stefano Crema, Wilfred M. Wollheim, Elena Besedin
Spatial Dimensions Of Water Quality Value In New England River Networks, Robert J. Johnston, Klaus Moeltner, Seth Peery, Tom Ndebele, Zhenyu Yao, Stefano Crema, Wilfred M. Wollheim, Elena Besedin
Economics
Households’ willingness to pay (WTP) for water quality improvements—representing their economic value—depends on where improvements occur. Households often hold higher values for improvements close to their homes or iconic areas. Are there other areas where improvements might hold high value to individual households, do effects on WTP vary by type of improvement, and can these areas be identified even if they are not anticipated by researchers? To answer these questions, we integrated a water quality model and map-based, interactive choice experiment to estimate households’ WTP for water quality improvements throughout a river network covering six New England states. The choice …
Biophysical Measures To Support Analysis And Communication Of Existence Values, James Boyd, Robert Johnston, Paul Ringold
Biophysical Measures To Support Analysis And Communication Of Existence Values, James Boyd, Robert Johnston, Paul Ringold
Economics
A recent focus of ecosystem services research has been on the definition of biophysical outcomes and measures most closely linked to social welfare. There is a particular need to identify biophysical outcomes corresponding to existence values. (Values associated with existence apart from any current or future use.) We review economic and ecological evidence to answer two key questions: First, what are ideal characteristics of linking indicators for existence values? Linking indicators should be: understandable, subject to direct sensory perception, represented at relevant temporal and spatial scales, comprehensive, and quantifiable in a repeatable manner. Second, what types of ecosystem outcomes are …