When policy implementation failures affect public preferences for environmental goods: Implications for economic analysis in the European water policy
Jesús Barreiro-Hurlé and
José Miguel Martínez-Paz
Ecological Economics, 2020, vol. 169, issue C
The Water Framework Directive (WFD) establishes that Programme of Measures (PoMs) to manage aquatic ecosystems have to be assessed to determine whether the benefits obtained from the good ecological status outweigh the costs. Stated preference methods have been widely applied to estimate non-market benefits of improved ecological status, assuming that respondents declare their true preferences that are stable over time. However, evidence on preference stability is mixed in the literature. The objective of this paper is to study preference stability towards water bodies improvement. As the WFD implementation has been delayed and have proven to be a greater challenge than expected, we focus on the effects of policy implementation failures on preference stability. We analyse two contingent valuation surveys to assess environmental values for the case of the Mar Menor (SE Spain) in years 2010 and 2017. We find higher protest response rate, changing indirect utility functions towards good ecological status and decreased WTPs in 2017. It indicates that public valuation might fail to adhere to rational economic premises when public authorities fail to reach environmental objectives and/or PoMs are not correctly implemented. Decision making based on stated preferences should carefully consider potential biases emerging from management performance.
Keywords: Contingent valuation; Preference stability; Good ecological status; Mar Menor; Water Framework Directive; European Union; Spain (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:169:y:2020:i:c:s0921800919312340
Access Statistics for this article
Ecological Economics is currently edited by C. J. Cleveland
More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Haili He ().