On combining stated preferences and revealed preferences approaches to evaluate environmental resources having a recreational use

Vania Paccagnan

MPRA Paper from University Library of Munich, Germany

Abstract: This work aims at analysing the value of recreational water uses for the Idro Lake (Lombardy, Northern Italy), which has been experiencing dramatic fluctuations in its levels in recent years, due to excessive productive withdrawal that affected recreational uses. It estimates the economic benefits deriving from recreational uses, by considering the current recreational demand and the hypothetical one obtained by considering an “improved quality” scenario. Through an on-site survey, we built a panel dataset. Following Whitehead et al. (2000) and Hanley et al. (2003) we get welfare estimates by combining SP and RP responses. The present CS is estimated in €134 per individual, whilst the increase in CS is estimated in €173 per individual. These figures can be confronted with the economic value of competitive uses and with the clean up costs, respectively, to infer some policy indications.

Keywords: Recreational water uses; Water Framework Directive; Poisson and Negative binomial econometric models (search for similar items in EconPapers)
JEL-codes: D61 Q25 Q26 (search for similar items in EconPapers)
Date: 2007-05
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:5867

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