 Agricultural Landscape Cultivation in Austria: An Application of the CVMEuropean Review of Agricultural Economics, 1995, vol. 22, issue 2, 173-90 Abstract: This paper evaluates the economic benefits associated with agricultural landscape-cultivating services provided as an input on behalf of the tourism sector in Austria. Applying the Contingent Valuation Method (CVM), 4,600 tourists spending vacations in Austria in the summer of 1991 were asked about their willingness to pay for these services. The mean and median amounts recorded were 9.20 and 3.50 Austrian shillings (ATS) per person per day, respectively. However, these values varied according to the tourists' nationality. Even though the study reveals a considerable aggregate willingness to pay (WTP), the amount would probably not suffice to maintain farmers in mountainous regions. Various conclusions for agricultural policy can be drawn concerning direct compensation to farmers for the provision of non-market goods. Copyright 1995 by Oxford University Press. Date: 1995 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:oup:erevae:v:22:y:1995:i:2:p:173-90 Ordering information: This journal article can be ordered from Access Statistics for this article European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo More articles in European Review of Agricultural Economics from Oxford University Press and the European Agricultural and Applied Economics Publications Foundation Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC. |
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