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Economic Valuation of Environmental Damages due to the Prestige Oil Spill in Spain

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  • Maria Loureiro
  • John Loomis
  • Maria Vázquez

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  • Maria Loureiro & John Loomis & Maria Vázquez, 2009. "Economic Valuation of Environmental Damages due to the Prestige Oil Spill in Spain," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(4), pages 537-553, December.
    • Handle: RePEc:kap:enreec:v:44:y:2009:i:4:p:537-553
    DOI: 10.1007/s10640-009-9300-x
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    References listed on IDEAS

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    1. Garza-Gil, M. Dolores & Prada-Blanco, Albino & Vazquez-Rodriguez, M. Xose, 2006. "Estimating the short-term economic damages from the Prestige oil spill in the Galician fisheries and tourism," Ecological Economics, Elsevier, vol. 58(4), pages 842-849, July.
    2. Champ, Patricia A. & Bishop, Richard C. & Brown, Thomas C. & McCollum, Daniel W., 1997. "Using Donation Mechanisms to Value Nonuse Benefits from Public Goods," Journal of Environmental Economics and Management, Elsevier, vol. 33(2), pages 151-162, June.
    3. Carson, R.T. & Mitchell, R.C. & Hanemann, W.M. & Kopp, R.J. & Presser, S. & Ruud, P.A., 1992. "A Contingent Valuation Study of Lost Passive Use Values Resulting From the Exxon Valdez Oil Spill," MPRA Paper 6984, University Library of Munich, Germany.
    4. Haab, Timothy C. & McConnell, Kenneth E., 1997. "Referendum Models and Negative Willingness to Pay: Alternative Solutions," Journal of Environmental Economics and Management, Elsevier, vol. 32(2), pages 251-270, February.
    5. Loureiro, Maria L. & Ribas, Alfonso & Lopez, Edelmiro & Ojea, Elena, 2006. "Estimated costs and admissible claims linked to the Prestige oil spill," Ecological Economics, Elsevier, vol. 59(1), pages 48-63, August.
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    Citations

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    Cited by:

    1. Ngaio Hotte & U. Sumaila, 2014. "How much could a tanker spill cost British Columbians?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 16(1), pages 159-180, February.
    2. Stavroula Tsigou & Stathis Klonaris, 2018. "Factors affecting farmers’ WTP for innovative fertilizer against soil salinity," Working Papers 2018-3, Agricultural University of Athens, Department Of Agricultural Economics.
    3. Brouwer, Roy & Martín-Ortega, Julia, 2012. "Modeling self-censoring of polluter pays protest votes in stated preference research to support resource damage estimations in environmental liability," Resource and Energy Economics, Elsevier, vol. 34(1), pages 151-166.
    4. Defrancesco, Edi & Gatto, Paola & Rosato, Paolo, 2014. "A ‘component-based’ approach to discounting for natural resource damage assessment," Ecological Economics, Elsevier, vol. 99(C), pages 1-9.
    5. Ana Faria Lopes & Gorm Kipperberg, 2020. "Diagnosing Insensitivity to Scope in Contingent Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(1), pages 191-216, September.
    6. Élia Pires-Marques & Cristina Chaves & Lígia M. Costa Pinto, 2021. "Biophysical and monetary quantification of ecosystem services in a mountain region: the case of avoided soil erosion," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(8), pages 11382-11405, August.
    7. Endre Kildal Iversen & Kristine Grimsrud & Yohei Mitani & Henrik Lindhjem, 2022. "Altruist Talk May (also) Be Cheap: Revealed Versus Stated Altruism as a Predictor in Stated Preference Studies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(3), pages 681-708, November.
    8. George Parsons & Kelley Myers, 2017. "Fat tails and truncated bids in contingent valuation: an application to an endangered shorebird species," Chapters, in: Daniel McFadden & Kenneth Train (ed.), Contingent Valuation of Environmental Goods, chapter 2, pages 17-42, Edward Elgar Publishing.
    9. Nicolas Jacquemet & Alexander James & Stéphane Luchini & Jason F. Shogren, 2017. "Referenda Under Oath," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(3), pages 479-504, July.
    10. Mariana Conte Grand & Martina Chidiak, 2010. "Cambios potenciales en los usos recreativos de la costa del río Uruguay ante la instalación de la planta de celulosa Fray Bentos: un ejercicio de valoración contingente," CEMA Working Papers: Serie Documentos de Trabajo. 432, Universidad del CEMA.
    11. Kari Hyytiäinen & Anni Huhtala, 2014. "Combating eutrophication in coastal areas at risk for oil spills," Annals of Operations Research, Springer, vol. 219(1), pages 101-121, August.
    12. Vargas, Andrés & Díaz, David, 2014. "Community-based conservation programs and local people willingness to pay for wildlife protection: The case of the cotton-top tamarin in the Colombian Caribbean," Revista Lecturas de Economía, Universidad de Antioquia, CIE, issue 81, pages 187-206, April.
    13. Bigerna, Simona & Polinori, Paolo, 2011. "Italian consumers’ willingness to pay for renewable energy sources," MPRA Paper 34408, University Library of Munich, Germany.
    14. Maria Loureiro & John Loomis, 2013. "International Public Preferences and Provision of Public Goods: Assessment of Passive Use Values in Large Oil Spills," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(4), pages 521-534, December.
    15. Penn, Jerrod & Hu, Wuyang, 2019. "Cheap talk efficacy under potential and actual Hypothetical Bias: A meta-analysis," Journal of Environmental Economics and Management, Elsevier, vol. 96(C), pages 22-35.
    16. Cirer Costa, Joan Carles, 2014. "Petróleo: peligro mortal. Unas islas alquitranadas [Oil: Fatal danger. The Balearic Islands tarred]," MPRA Paper 58243, University Library of Munich, Germany.
    17. León, Carmelo J. & Araña, Jorge E. & Hanemann, W. Michael & Riera, Pere, 2014. "Heterogeneity and emotions in the valuation of non-use damages caused by oil spills," Ecological Economics, Elsevier, vol. 97(C), pages 129-139.
    18. Christos Kollias & Stephanos Papadamou, 2016. "Environmentally Responsible and Conventional Market Indices’ Reaction to Natural and Anthropogenic Adversity: A Comparative Analysis," Journal of Business Ethics, Springer, vol. 138(3), pages 493-505, October.
    19. Loureiro, Maria L. & Loomis, John, 2017. "How Sensitive Are Environmental Valuations To Economic Downturns?," Ecological Economics, Elsevier, vol. 140(C), pages 235-240.
    20. Tsigkou, Stavroula & Klonaris, Stathis, 2020. "Eliciting Farmers' Willingness to Pay for Innovative Fertilizer Against Soil Salinity: Comparison of Two Methods in a Field Survey," International Journal of Agricultural Management, Institute of Agricultural Management, vol. 9, December.
    21. Abate, Tenaw G. & Börger, Tobias & Aanesen, Margrethe & Falk-Andersson, Jannike & Wyles, Kayleigh J. & Beaumont, Nicola, 2020. "Valuation of marine plastic pollution in the European Arctic: Applying an integrated choice and latent variable model to contingent valuation," Ecological Economics, Elsevier, vol. 169(C).
    22. Cirer-Costa, Joan Carles, 2015. "Pouring oil over the Balearic tourism industry," MPRA Paper 61164, University Library of Munich, Germany.
    23. Lázaro-Touza, Lara & Atkinson, Giles, 2013. "Nature, roads or hospitals? An empirical evaluation of ‘sustainable development preferences’," Ecological Economics, Elsevier, vol. 95(C), pages 63-72.
    24. Hye-Jeong Lee & Hyo-Jin Kim & Seung-Hoon Yoo, 2018. "The Public Value of Reducing the Incidence of Oil Spill Accidents in Korean Rivers," Sustainability, MDPI, vol. 10(4), pages 1-12, April.
    25. Larkin, Sherry L. & Huffaker, Ray G. & Clouser, Rodney L., 2013. "Negative Externalities and Oil Spills: A Case for Reduced Brand Value to the State of Florida," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 45, pages 1-11, August.

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    More about this item

    Keywords

    Contingent valuation; Wildlife losses; Oil spills; Passive use value; Q51; Q53;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

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