How much do the common goods of rural and semi-natural landscape cost? A case study

Daniel Dranco and Luca Luiselli
Authors registered in the RePEc Author Service: Daniel Franco

MPRA Paper from University Library of Munich, Germany

Abstract: A Contingent Valuation (CV) was used to estimate the common goods’ overall value of three landscapes (woodlands, wetlands, rural landscape) of the Province of Rome, to use them for policy and administration purpose. Both single and multi-bounded discrete choice models was used. The results are similar between models with a repeated maximum likelihood trend of decreasing mean values from rural landscape to wetlands. The statistical robustness of this trend can be explained by the different organization of multiple consequential and deontological motives that build up preferences. The value assigned by tax payers to common goods analysed sums to a large extent up to the province budget and mean direct use values per hectare are comparable (cropland) or much smaller (woodlands) than indirect and non use values. The indications obtained could be considered robust enough to address decisions and policies (like that of rural development) about how much to pay for common goods management services.

Keywords: willingness to pay; Contingent Valuation; ecosystem services; public goods; Total Economic Value; multiple motivations distribution; pay for ecosystem services. (search for similar items in EconPapers)
JEL-codes: Q57 (search for similar items in EconPapers)
Date: 2014-03, Revised 2015
New Economics Papers: this item is included in nep-agr, nep-dcm and nep-env
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