The Value of EU Agricultural Landscape

Pavel Ciaian and Sergio Gomez Y Paloma

No 102727, 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania from Agricultural and Applied Economics Association

Abstract: The present paper provides a meta-analysis of agricultural landscape valuation studies and through the estimated benefit transfer function it projects the value of EU landscape. The analyses are based on information from more than thirty European and Non-European studies which use stated preference approach to uncover the society's willingness to pay (WTP) for landscape. Our calculations show that, the per hectare WTP in EU varies between 89 and 169 €/ha with an average value of 142 €/ha in 2009. Further the calculations indicate that the total value of EU landscape in 2009 is estimated to be in the range of €16.1 – 30.8 billion per year, with an average of €25.8 billion, representing around 7.5 percent of the total value of EU agricultural production and roughly half of the CAP expenditures.

Keywords: Consumer/Household Economics; Environmental Economics and Policy; Public Economics (search for similar items in EconPapers)
Pages: 35
Date: 2011-04-15
New Economics Papers: this item is included in nep-agr, nep-env and nep-eur
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Citations: View citations in EconPapers (8)

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Related works:
Working Paper: The Value of EU Agricultural Landscape (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea11:102727

DOI: 10.22004/ag.econ.102727

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