Benefits of meeting nutrient reduction targets for the Baltic Sea - a contingent valuation study in the nine coastal states
Heini Ahtiainen,
Janne Artell,
Mikolaj Czajkowski,
Berit Hasler,
Linus Hasselström,
Anni Huhtala,
Jürgen Meyerhoff,
James C.R. Smart,
Tore Söderqvist,
Mohammed Hussen Alemu (),
Daija Angeli,
Kim Dahlbo,
Vivi Fleming-Lehtinen,
Kari Hyytiäinen,
Aljona Karlõševa,
Yulia Khaleeva,
Marie Maar,
Louise Martinsen,
Tea Nõmmann,
Kristine Pakalniete,
Ieva Oskolokaite and
Daiva Semeniene
Journal of Environmental Economics and Policy, 2014, vol. 3, issue 3, 278-305
Abstract:
This paper presents the results of an internationally coordinated contingent valuation study on the benefits of reducing marine eutrophication in the Baltic Sea according to current policy targets. With over 10,500 respondents from the nine coastal states around the sea, we examine public willingness to pay (WTP) for reduced eutrophication and its determinants. There are considerable differences in mean WTP between countries, with Swedes being willing to pay the most and Latvians the least. The aggregate annual WTP is approximately €3600 million. In addition, we find that countries are heterogeneous in terms of the effects of income, attitudes and familiarity on WTP. Income elasticities of WTP are below 1 for all countries, ranging between 0.1 and 0.5. Attitudes and personal experience of eutrophication are important determinants of WTP, but the specific effects differ between countries. The findings can be used in economic analyses for the European Union (EU) Marine Strategy Framework Directive and to justify additional eutrophication reduction measures in the Baltic Sea.
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (30)
Downloads: (external link)
http://hdl.handle.net/10.1080/21606544.2014.901923 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:teepxx:v:3:y:2014:i:3:p:278-305
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/teep20
DOI: 10.1080/21606544.2014.901923
Access Statistics for this article
Journal of Environmental Economics and Policy is currently edited by Ken Willis
More articles in Journal of Environmental Economics and Policy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().