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The Value of EU Agricultural Landscape

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Abstract

The present paper provides a meta-analysis of agricultural landscape valuation studies and, through the estimated benefit transfer function, projects the value of EU landscape. The analyses are based on information from more than thirty European and non-European studies which use a stated preference approach to uncover society's willingness to pay (WTP) for agricultural landscape. Our calculations show that, the WTP in the EU varies between 134 and 201 /ha with an average value of 149 /ha in 2009. Furthermore the calculations indicate that the total value of EU landscape in 2009 is estimated to be in the range of 24.5 36.6 billion per year, with an average of 27.1 billion, representing around 8 percent of the total value of EU agricultural production and roughly half of the CAP expenditures.

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  • Pavel CIAIAN & Sergio GOMEZ y PALOMA, 2011. "The Value of EU Agricultural Landscape," JRC Research Reports JRC65456, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc65456
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    More about this item

    Keywords

    landscape valuation; willingness to pay (WTP); meta analysis; value of EU agricultural landscape; public goods; policy;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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