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A human well-being approach for assessing the value of natural land areas

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  • Kopmann, Angela
  • Rehdanz, Katrin

Abstract

To decide on the policy measures to be implemented, policymakers need comprehensive information on the costs and benefits of land conversion for society. Accordingly, the EU Biodiversity Strategy requires the member countries to assess their ecosystems and the economic value of their ecosystem services by 2020. This paper takes up and extends the subjective well-being approach to valuing changes in natural land cover, which provides information on willingness-to-pay for landscape amenities such as scenic views or recreational opportunities. Results at the NUTS 2 level for European countries indicate (a) that marginal willingness-to-pay estimates tend to be higher for natural areas that are scarcer, and (b) that a nonlinear relationship between land cover and well-being is preferred to a linear relationship indicating decreasing benefits from individual landscape amenities.

Suggested Citation

  • Kopmann, Angela & Rehdanz, Katrin, 2013. "A human well-being approach for assessing the value of natural land areas," Ecological Economics, Elsevier, vol. 93(C), pages 20-33.
  • Handle: RePEc:eee:ecolec:v:93:y:2013:i:c:p:20-33 DOI: 10.1016/j.ecolecon.2013.04.014
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    Cited by:

    1. Ghimire, Ramesh & Ferreira, Susana & Green, Gary T. & Poudyal, Neelam C. & Cordell, H. Ken & Thapa, Janani R., 2017. "Green Space and Adult Obesity in the United States," Ecological Economics, Elsevier, vol. 136(C), pages 201-212.
    2. repec:eee:ecolec:v:141:y:2017:i:c:p:245-260 is not listed on IDEAS
    3. repec:spr:endesu:v:19:y:2017:i:3:d:10.1007_s10668-016-9771-1 is not listed on IDEAS
    4. Krekel, Christian & Zerrahn, Alexander, 2017. "Does the presence of wind turbines have negative externalities for people in their surroundings? Evidence from well-being data," Journal of Environmental Economics and Management, Elsevier, vol. 82(C), pages 221-238.
    5. Zerrahn, Alexander & Krekel, Christian, 2015. "Sowing the Wind and Reaping the Whirlwind? The Effect of Wind Turbines on Residential Well-Being," Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112956, Verein für Socialpolitik / German Economic Association.
    6. Krekel, Christian & Kolbe, Jens & Wüstemann, Henry, 2016. "The greener, the happier? The effect of urban land use on residential well-being," Ecological Economics, Elsevier, vol. 121(C), pages 117-127.
    7. Ghimire, Ramesh & Green, Gary T. & Ferreira, Susana & Poudyal, Neelam C. & Cordell, H. Ken, 2015. "Green Space and Adult Obesity Prevalence in the United States," 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia 196812, Southern Agricultural Economics Association.
    8. Knoche, Scott & Lupi, Frank & Suiter, Ashley, 2015. "Harvesting benefits from habitat restoration: Influence of landscape position on economic benefits to pheasant hunters," Ecological Economics, Elsevier, vol. 113(C), pages 97-105.
    9. Kopmann, Angela & Rehdanz, Katrin, 2014. "Underestimated Benefits from Periphery: Internal Migration and Subjective Well-being," Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100382, Verein für Socialpolitik / German Economic Association.
    10. Pollesch, N. & Dale, V.H., 2015. "Applications of aggregation theory to sustainability assessment," Ecological Economics, Elsevier, vol. 114(C), pages 117-127.
    11. Bertram, Christine & Rehdanz, Katrin, 2015. "The role of urban green space for human well-being," Ecological Economics, Elsevier, vol. 120(C), pages 139-152.
    12. Kant, Shashi & Vertinsky, Ilan & Zheng, Bin, 2016. "Valuation of First Nations peoples' social, cultural, and land use activities using life satisfaction approach," Forest Policy and Economics, Elsevier, vol. 72(C), pages 46-55.
    13. Köke, Sonja & Perino, Grischa, 2015. "The Ranking Measure of Life Satisfaction: A Constructive Critique," Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113169, Verein für Socialpolitik / German Economic Association.
    14. Tsurumi, Tetsuya & Managi, Shunsuke, 2015. "Environmental value of green spaces in Japan: An application of the life satisfaction approach," Ecological Economics, Elsevier, vol. 120(C), pages 1-12.
    15. Welsch, Heinz & Ferreira, Susana, 2014. "Environment, Well-Being, and Experienced Preference," International Review of Environmental and Resource Economics, now publishers, vol. 7(3-4), pages 205-239, December.
    16. Vallejo, María Cristina & Burbano, Rafael & Falconí, Fander & Larrea, Carlos, 2015. "Leaving oil underground in Ecuador: The Yasuní-ITT initiative from a multi-criteria perspective," Ecological Economics, Elsevier, vol. 109(C), pages 175-185.

    More about this item

    Keywords

    Ecosystem services; Environmental valuation; Europe; Subjective well-being; Land coverage;

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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