Birol, Ekin and Koundouri, Phoebe and Kountouris, Yiannis (2007): Using the contingent valuation method to inform sustainable wetland management: the case of the Akrotiri wetland in Cyprus. Published in: Reducing the Vulnerability of Societies to Water Related Risks at the Basin Scale (2007)
Download (369kB) | Preview
Wetlands are a crucial component of water resources, providing several ecological functions and services, including flood attenuation, groundwater recharge and water quality maintenance, as well as conservation of biodiversity and provision of recreational activities. In Cyprus, an arid country with scarce water resources, wetlands have been degraded and drained due to the increasing intensity of agricultural production, water pollution, dam construction and the failure of existing national policies to efficiently and effectively manage them. In this paper it is stated that in order to be able to design and implement efficient and effective policies for sustainable wetland management, both the use and the non-use values generated by their several services and functions need to be realized and captured. This paper employs a non-market valuation method, namely a contingent valuation survey, to estimate the economic benefits generated by the Akrotiri wetland in Cyprus. The paper proposes how the results of this survey can be employed to design and implement efficient and effective wetland conservation policies, as a part of integrated water resource management in Cyprus, as required by the European Union’s Water Framework Directive.
|Item Type:||MPRA Paper|
|Original Title:||Using the contingent valuation method to inform sustainable wetland management: the case of the Akrotiri wetland in Cyprus|
|English Title:||Using the contingent valuation method to inform sustainable wetland management: the case of the Akrotiri wetland in Cyprus|
|Keywords:||contingent valuation; non-use value; use value; wetland|
|Subjects:||Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics
Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q0 - General
Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q51 - Valuation of Environmental Effects
Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q0 - General > Q01 - Sustainable Development
|Depositing User:||Phoebe Koundouri|
|Date Deposited:||01. Oct 2012 13:42|
|Last Modified:||25. Apr 2015 21:10|
Barbier, B., Acreman, M., & Knowler, D. (1997) Economic Valuation of Wetlands: A Guide for Policy Makers and Planners. IUCN, Gland, Switzerland.
Bateman, I. J., Langford, I. H. & Graham, A. (1995) A survey of non-users’ willingness to pay to prevent saline flooding in the Norfolk Broads. CSERGE Working Paper GEC 95-11. Centre for Social and Economic Research on the Global Environment, School of Environmental Sciences, University of East Anglia, Norwich, UK.
Birol, E., Koundouri, P. & Kountouris. Y. (forthcoming) Water resource management and wetland conservation. In: Water Resource Policy and Related Issues in Cyprus (ed. by P. Koundouri). RFF PRESS Series, Issues in Water Resource Policy, Resources for the Future, Washington DC, USA (forthcoming)
Brander, L. M., Florax, R. J. G. M. & Vermaat, J. E. (2006) The empirics of wetland valuation: a comprehensive summary and a meta-analysis of the literature. Environ. & Resour. Economics 33(2), 223–250.
Brouwer, R., Langford, I., Bateman, I. & Turner, R. K. (2003) A meta-analysis of wetland ecosystem valuation studies. In: Managing Wetlands: An Ecological Economics Approach (ed. by R. K. Turner, C. J. M. Jeroen van den Bergh & R. Brouwer). Edward Elgar, Cheltenham, UK.
Demetropoulos, A. (2005) Wetlands of Cyprus (unpublished). Federal Guidelines (1983) Economic and Environmental Principles and Guidelines for Water and Related Land Resources Implementation Studies. US Water Resources Council February 3 1983.
Haab T. (1999) Nonparticipation or misspecification? The impacts of nonparticipation on dichotomous choice contingent valuation. Environ. & Resour. Economics 14, 443–461.
Jalon Consultants and Engineers Ltd and Phedonos Consultants Ltd. (1992) Environmental study and management plan for the Akrotiri Salt Lake and Wetlands. Balasha.
Kailis, K. (2005) The Akrotiri Salt Lake (unpublished) (in Greek).
Kontoleon, A. & Swanson, T. (2003) The willingness to pay for property rights for the giant panda: can a charismatic species be an instrument for nature conservation? Land Economics 79(4), 483–499.
Kosz, M. (1996) Valuing riverside wetlands: the case of the Donau-Auen National Park. Ecol. Economics 16(2), 109–127.
Koundouri, P. (2007) Water Resource Policy and Related Issues in Cyprus. RFF PRESS Series, Issues in Water Resource Policy, Resources for The Future, Washington DC, USA.
Kuijken, E. (2004) Installation of a new antenna (Pluto II) in the sovereign base areas (Akrotiri, Cyprus). Report of the on-the-spot appraisal. Convention on the Conservation of European Wildlife and Natural Habitats, Secretariat Memorandum prepared by The Directorate of Culture and Culural and Natural Heritage, Council of Europe.
Krutilla, J. V. (1967) Conservation reconsidered. Am. Economic Rev. 57(3), 777–786.
Ramsar Convention. (2003) Information Sheet on Akrotiri Wetland
Schuyt, K. & Brander L. (2004) The economic values of the world’s wetlands. WWF publication. http://www.wwf-uk.org/filelibrary/pdf/wetlandsbrochure04.pdf.
United Nations Environment Program (UNEP) 2005 Vital Water Statistics. http://www.unep.org/vitalwater/.
Whitehead, J. C. (2006) A practitioner's primer on contingent valuation. In: Contingent Valuation Handbook (ed. by A. Alberini & J. Kahn). Edward Elgar Publishing, Cheltenham, UK.
Woodward, R. T. & Wui, Y. S. (2001) The economic value of wetland services: a Meta-analysis. Ecol. Economics 37, 257–270.