Estimating the Value of Preserving the Doubs

Nikola Jovanoski

No 15-02, IRENE Working Papers from IRENE Institute of Economic Research

Abstract: This analysis estimates the value that the inhabitants of the canton of Neuchâtel attach on the preservation of the Doubs. It is achieved with the use of the open-ended contingent valuation method. The results indicate that an inhabitant from this canton is, on average, willing-to-pay 55 CHF per year to preserve the Doubs, which translates to a value of up to 9.63m CHF that the inhabitants of this canton attach on the preservation of the Doubs. These estimates may be used as a guide by the relevant administrative and national authorities in the development of environmental policies.

Keywords: contingent valuation method; open-ended elicitation method (search for similar items in EconPapers)
JEL-codes: Q51 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2015-01
New Economics Papers: this item is included in nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:irn:wpaper:15-02

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