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Valuing the non-market benefits arising from the implementation of the EU Marine Strategy Framework Directive

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  • Norton, Daniel
  • Hynes, Stephen

Abstract

This paper uses the choice experiment methodology to estimate the value of the non-market benefits associated with the achievement of good (marine) environmental status (GES) as specified in the EU Marine Strategy Framework Directive (MSFD). The MSFD requires that the ‘costs of degradation’ (the benefits foregone if GES is not achieved) be considered within a broader ‘Economic and Social Assessment’ of the marine environment by EU member states. Assessing the costs of degradation as defined by the MSFD implies that changes in marine ecosystem services provided in each State should be analysed. The results show that there are high values attached with changes to the state of the marine environment by the Irish general public. The results of a random parameters logit model also demonstrate that preferences are heterogeneous, with changes in certain marine attributes generating both positive and negative utilities.

Suggested Citation

  • Norton, Daniel & Hynes, Stephen, 2014. "Valuing the non-market benefits arising from the implementation of the EU Marine Strategy Framework Directive," Ecosystem Services, Elsevier, vol. 10(C), pages 84-96.
  • Handle: RePEc:eee:ecoser:v:10:y:2014:i:c:p:84-96
    DOI: 10.1016/j.ecoser.2014.09.009
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    5. Börger, Tobias & Ngoc, Quach Thi Khanh & Kuhfuss, Laure & Hien, Tang Thi & Hanley, Nick & Campbell, Danny, 2021. "Preferences for coastal and marine conservation in Vietnam: Accounting for differences in individual choice set formation," Ecological Economics, Elsevier, vol. 180(C).
    6. Hynes, Stephen & Chen, Wenting & Vondolia, Kofi & Armstrong, Claire & O'Connor, Eamonn, 2021. "Valuing the ecosystem service benefits from kelp forest restoration: A choice experiment from Norway," Ecological Economics, Elsevier, vol. 179(C).
    7. Hynes, Stephen & Chen, Wenting & Vondolia, Kofi & Armstrong, Claire & O’Connor, Eamonn, 2020. "Valuing the Ecosystem Service Benefits from Kelp Forest Restoration: A Choice Experiment," Working Papers 309505, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    8. Tobias Börger & Oliver Frör & Sören Weiß, 2017. "The relationship between perceived difficulty and randomness in discrete choice experiments: Investigating reasons for and consequences of difficulty," Discussion Papers in Environment and Development Economics 2017-03, University of St. Andrews, School of Geography and Sustainable Development.

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