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Estimating the Value of Achieving “Good Ecological Status”in the Boyne River Catchmentin Ireland Using Choice Experiments

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  • MAVRA STITHOU

    (University of Stirling, Scotland, UK)

  • STEPHEN HYNES

    (National University of Ireland, Galway)

  • NICK HANLEY

    (University of Stirling, Scotland, UK)

  • DANNY CAMPBELL

    (Queen’s University, Belfast)

Abstract

Following the implementation of the Water Framework Directive (WFD), integrated catchment management plans must be prepared for all river basins in order to achieve “Good Ecological Status” (GES) in all EU waters. This concept is a broader measure of water quality than the chemical and biological measures which were previously dominant in EU water policy. The directive also calls for a consideration of the economic costs and benefits of improvements to the water bodies” ecological status in catchment management plans, along with the introduction of full social cost pricing for water use. In this paper, the Choice Experiment (CE) method of valuation is used to estimate the value of improvements in a number of components of ecological status in the Boyne river catchment in Ireland. The study determines what value the targeted population of the catchment place on the non-market economic benefits of moves towards GES. In addition, the effect of various factors of observed individual heterogeneity on choice is explored

Suggested Citation

  • Mavra Stithou & Stephen Hynes & Nick Hanley & Danny Campbell, 2012. "Estimating the Value of Achieving “Good Ecological Status”in the Boyne River Catchmentin Ireland Using Choice Experiments," The Economic and Social Review, Economic and Social Studies, vol. 43(3), pages 397-422.
  • Handle: RePEc:eso:journl:v:43:y:2012:i:3:p:397-422
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    References listed on IDEAS

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    Cited by:

    1. Doherty, Edel & Murphy, Geraldine & Hynes, Stephen & Buckley, Cathal, 2013. "Are similar ecosystem services valued differently across different water body types: A discrete choice analysis of rivers, lakes and sea attributes?," Working Papers 160055, Socio-Economic Marine Research Unit, National University of Ireland, Galway.
    2. Nick Hanley & Stephen Hynes & Niels Jobstvogt & David M. Paterson, 2014. "Economic valuation of marine and coastal ecosystems:Is it currently fit for purpose?," Discussion Papers in Environment and Development Economics 2014-11, University of St. Andrews, School of Geography and Sustainable Development.
    3. Edel Doherty & Brendan Kennelly & Darragh Flannery & Stephen Kynes & John Considine, 2013. "Student preferences for assignment systems: Results from a discrete choice experiment in Irish universities," Working Papers WP052013, University of Limerick, Department of Economics, revised Sep 2013.
    4. repec:eso:journl:v:47:y:2016:i:3:p:425-445 is not listed on IDEAS

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