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Analysis of the economic benefits associated with the recovery of threatened marine mammal species in the Canadian St. Lawrence Estuary

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  • Boxall, P.C.
  • Adamowicz, W.L.
  • Olar, M.
  • West, G.E.
  • Cantin, G.

Abstract

This paper examines Canadians' willingness to pay to recover the populations of three marine mammal species found in the St Lawrence Estuary. The valuation approach utilized a stated preference tool that is somewhat a hybrid between contingent valuation and a choice experiment with multiple species recovery program options and choices framed as referenda. Program options involved the use of a marine protected area and restrictions on whale watching and shipping industries. The estimated willingness to pay (WTP) for different levels of marine mammal recovery ranged from $77 to $229 per year per household and varied according to the species affected and the recovery program effort. A series of tests revealed that people would be willing to pay more for programs that contribute to greater increases in marine mammal populations, but the additional value of programs that improve a species status beyond the "at risk" threshold is relatively small.

Suggested Citation

  • Boxall, P.C. & Adamowicz, W.L. & Olar, M. & West, G.E. & Cantin, G., 2012. "Analysis of the economic benefits associated with the recovery of threatened marine mammal species in the Canadian St. Lawrence Estuary," Marine Policy, Elsevier, vol. 36(1), pages 189-197, January.
    • Handle: RePEc:eee:marpol:v:36:y:2012:i:1:p:189-197
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    Cited by:

    1. Kreg Lindberg & Tommy Swearingen & Eric M. White, 2020. "Parallel Subjective Well-Being and Choice Experiment Evaluation of Ecosystem Services: Marine and Forest Reserves in Coastal Oregon, USA," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 149(1), pages 347-374, May.
    2. Maarten J. Punt & Brooks A. Kaiser, 2021. "Seismic Shifts from Regulations: Spatial Trade-offs in Marine Mammals and the Value of Information from Hydrocarbon Seismic Surveying," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 80(3), pages 553-585, November.
    3. Hyo-Jin Kim & Jeong-In Chang & Seung-Hoon Yoo, 2019. "Non-Market Valuation of Water Pollution Remediation and Disaster Risk Mitigation Functions: The Case of Nakdong River Estuary in South Korea," Sustainability, MDPI, vol. 11(3), pages 1-9, February.
    4. Han-Shen Chen & Chu-Wei Chen, 2019. "Economic Valuation of Green Island, Taiwan: A Choice Experiment Method," Sustainability, MDPI, vol. 11(2), pages 1-17, January.
    5. Nguyen, Thanh Cong & Robinson, Jackie & Whitty, Jennifer A. & Kaneko, Shinji & Nguyen, The Chinh, 2015. "Attribute non-attendance in discrete choice experiments: A case study in a developing country," Economic Analysis and Policy, Elsevier, vol. 47(C), pages 22-33.
    6. Robert J. Johnston & Kevin J. Boyle & Wiktor (Vic) Adamowicz & Jeff Bennett & Roy Brouwer & Trudy Ann Cameron & W. Michael Hanemann & Nick Hanley & Mandy Ryan & Riccardo Scarpa & Roger Tourangeau & Ch, 2017. "Contemporary Guidance for Stated Preference Studies," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(2), pages 319-405.
    7. Ju-Hee Kim & Kyung-Ran Choi & Seung-Hoon Yoo, 2020. "Public Perspective on Increasing the Numbers of an Endangered Species, Loggerhead Turtles in South Korea: A Contingent Valuation," Sustainability, MDPI, vol. 12(9), pages 1-14, May.
    8. Finn Olesen, 1999. "Monetær integration i EU," Working Papers 2/99, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    9. Nguyen, Thanh Cong & Robinson, Jackie & Kaneko, Shinji & Komatsu, Satoru, 2013. "Estimating the value of economic benefits associated with adaptation to climate change in a developing country: A case study of improvements in tropical cyclone warning services," Ecological Economics, Elsevier, vol. 86(C), pages 117-128.
    10. O’Garra, Tanya, 2017. "Economic value of ecosystem services, minerals and oil in a melting Arctic: A preliminary assessment," Ecosystem Services, Elsevier, vol. 24(C), pages 180-186.
    11. Chun-Hung Lee & Yun-Ju Chen & Chu-Wei Chen, 2019. "Assessment of the Economic Value of Ecological Conservation of the Kenting Coral Reef," Sustainability, MDPI, vol. 11(20), pages 1-17, October.
    12. Seul-Ye Lim & Se-Jun Jin & Seung-Hoon Yoo, 2017. "The Economic Benefits of the Dokdo Seals Restoration Project in Korea: A Contingent Valuation Study," Sustainability, MDPI, vol. 9(6), pages 1-15, June.
    13. James Macaskill & Patrick Lloyd‐Smith, 2022. "Six decades of environmental resource valuation in Canada: A synthesis of the literature," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 70(1), pages 73-89, March.
    14. Wiktor L. (Vic) Adamowicz, 2016. "Economic Analysis and Species at Risk: Lessons Learned and Future Challenges," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 64(1), pages 21-32, March.
    15. Nguyen, Thanh Cong & Le, Hoa Thu & Nguyen, Hang Dieu & Ngo, Mai Thanh & Nguyen, Hong Quang, 2021. "Examining ordering effects and strategic behaviour in a discrete choice experiment," Economic Analysis and Policy, Elsevier, vol. 70(C), pages 394-413.
    16. Hyo-Jin Kim & Se-Jun Jin & Seung-Hoon Yoo, 2018. "Public Assessment of Releasing a Captive Indo-Pacific Bottlenose Dolphin into the Wild in South Korea," Sustainability, MDPI, vol. 10(9), pages 1-8, September.
    17. Han-Shen Chen, 2019. "Establishment and Application of an Evaluation Model for Orchid Island Sustainable Tourism Development," IJERPH, MDPI, vol. 16(5), pages 1-16, March.
    18. Subroy, Vandana & Rogers, Abbie A. & Kragt, Marit E., 2018. "To Bait or Not to Bait: A Discrete Choice Experiment on Public Preferences for Native Wildlife and Conservation Management in Western Australia," Ecological Economics, Elsevier, vol. 147(C), pages 114-122.
    19. Börger, Tobias & Beaumont, Nicola J. & Pendleton, Linwood & Boyle, Kevin J. & Cooper, Philip & Fletcher, Stephen & Haab, Tim & Hanemann, Michael & Hooper, Tara L. & Hussain, S. Salman & Portela, Rosim, 2014. "Incorporating ecosystem services in marine planning: The role of valuation," Marine Policy, Elsevier, vol. 46(C), pages 161-170.
    20. Pastén, Roberto & Olszynski, Martin & Hantke-Domas, Michael, 2018. "Does slow and steady win the race? Ecosystem services in Canadian and Chilean environmental law," Ecosystem Services, Elsevier, vol. 29(PB), pages 240-250.
    21. Ju-Hee Kim & Joseph Kim & Seung-Hoon Yoo, 2020. "What Value Does the Public Put on Managing and Protecting an Endangered Marine Species? The Case of the Finless Porpoise in South Korea," Sustainability, MDPI, vol. 12(11), pages 1-16, June.
    22. Stella Tsani & Phoebe Koundouri, 2017. "A methodological note for the development of integrated aquaculture production models," DEOS Working Papers 1708, Athens University of Economics and Business.
    23. Céline Moreaux & Jette Bredahl Jacobsen & Jürgen Meyerhoff & Bo Dalsgaard & Carsten Rahbek & Niels Strange, 2023. "Distance and Regional Effects on the Value of Wild Bee Conservation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 84(1), pages 37-63, January.

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