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Economic Evaluation, Land/Water Use, and Sustainable Nature Conservation of 'De Vechtstreek' Wetlands

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  • Ernst J. Bos

    (Vrije Universiteit Amsterdam)

  • Jeroen C.J.M. van den Bergh

    ()
    (Vrije Universiteit Amsterdam)

Abstract

Elements of an integrated analysis of a land/water use and nature conservation in "De Vechtstreek" area are presented. This is a river plane composed of patches of lakes and polders, in the centre of The Netherlands. The attention is focused on the economic dimensions of the research. To this end, an overview is given of available information for a set of main wetland function and use categories. This includes estimates of costs and benefits associated with particular activities. These are used in an illustrative cost-benefit analysis of a change to more nature conservation in "De Vechtstreek". The method makes use of the assumption that there are fixed relationships between land/water use area size and values. It is concluded that the nature conservation is a rational economic strategy for discount rates below 13% for a time horizon of 10 years, up to 18% for an infinite time horizon. The approach is aimed to be applied to other scenarios than nature conservation as well, in which case integration with nature science information and models will be pursued, as well as estimation of benefits transfer functions.

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File URL: http://papers.tinbergen.nl/98036.pdf
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Bibliographic Info

Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 98-036/3.

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Date of creation: 06 Apr 1998
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Handle: RePEc:dgr:uvatin:19980036

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Web page: http://www.tinbergen.nl

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  1. Norton, Bryan G., 1995. "Evaluating ecosystem states: Two competing paradigms," Ecological Economics, Elsevier, vol. 14(2), pages 113-127, August.
  2. Smith, V. Kerry & Osborne, Laura L., 1996. "Do Contingent Valuation Estimates Pass a "Scope" Test? A Meta-analysis," Journal of Environmental Economics and Management, Elsevier, vol. 31(3), pages 287-301, November.
  3. Henry, EW, 1994. "A capacity growth input-output model," Energy Economics, Elsevier, vol. 16(3), pages 193-203, July.
  4. Porter, Richard C., 1982. "The new approach to wilderness preservation through benefit-cost analysis," Journal of Environmental Economics and Management, Elsevier, vol. 9(1), pages 59-80, March.
  5. Ing-Marie Gren & Carl Folke & Kerry Turner & Ian Batemen, 1994. "Primary and secondary values of wetland ecosystems," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 4(1), pages 55-74, February.
  6. Edward B. Barbier, 1994. "Valuing Environmental Functions: Tropical Wetlands," Land Economics, University of Wisconsin Press, vol. 70(2), pages 155-173.
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Cited by:
  1. Bal, Frans & Nijkamp, Peter, 1998. "A new scientific challenge in economics : theory building via synthesis," Serie Research Memoranda 0056, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.

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