Spatially induced disparities in users' and non-users' WTP for water quality improvements—Testing the effect of multiple substitutes and distance decay
Sisse Liv Jørgensen,
Søren Olsen,
Jacob Ladenburg,
Louise Martinsen,
Stig Roar Svenningsen and
Berit Hasler
Ecological Economics, 2013, vol. 92, issue C, 58-66
Abstract:
Costs and benefits of water restoration projects are not necessarily evenly spread out over the entire area affected by the project. The physical distribution of benefits is, therefore, an important parameter when conducting economic analyses of water restoration projects. Two particularly relevant spatial issues relate to 1) the location of the population relative to the location of the waterbody, and 2) the availability and characteristics of substitute water bodies.
Keywords: Distance decay; Users; Non-users; Preference heterogeneity; Water Framework Directive (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (46)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:92:y:2013:i:c:p:58-66
DOI: 10.1016/j.ecolecon.2012.07.015
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