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The Value of EU Agricultural Landscape

Pavel Ciaian and Sergio Gomez Y Paloma

No JRC65456, JRC Working Papers from Joint Research Centre (Seville site)

Abstract: The present paper provides a meta-analysis of agricultural landscape valuation studies and, through the estimated benefit transfer function, projects the value of EU landscape. The analyses are based on information from more than thirty European and non-European studies which use a stated preference approach to uncover society's willingness to pay (WTP) for agricultural landscape. Our calculations show that, the WTP in the EU varies between 134 and 201 /ha with an average value of 149 /ha in 2009. Furthermore the calculations indicate that the total value of EU landscape in 2009 is estimated to be in the range of 24.5 36.6 billion per year, with an average of 27.1 billion, representing around 8 percent of the total value of EU agricultural production and roughly half of the CAP expenditures.

Keywords: landscape valuation; willingness to pay (WTP); meta analysis; value of EU agricultural landscape; public goods; policy (search for similar items in EconPapers)
JEL-codes: H41 Q51 (search for similar items in EconPapers)
Pages: 54 pages
Date: 2011-06
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Working Paper: The Value of EU Agricultural Landscape (2011) Downloads
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