IDEAS home Printed from https://ideas.repec.org/a/taf/applec/45y2013i16p2255-2266.html
   My bibliography  Save this article

A cost-benefit analysis of restoring the Em River in Sweden: valuation of angling site characteristics and visitation frequency

Author

Listed:
  • Anton Paulrud
  • Thomas Laitila

Abstract

This article uses Cost-Benefit Analysis (CBA) to evaluate restoration scenarios aimed at improving angling on the Em River in Sweden. We find that none of the proposed projects are socially profitable when considering only values associated with angling. We rely on a Choice Experiment (CE) to derive utilities and estimate the monetary value of angling site characteristics and then also use the utilities derived in a visitation frequency using a two-stage budgeting approach. The visitation frequency is then used to extract values for fishing license sales and business-related income. The case study illustrates how CBA can provide useful insights into the potential economic returns of environmental restoration projects. Our case study also indicates that the results in terms of Willingness-To-Pay (WTP) and visitation frequency are general findings -- i.e. they appear similar across angling sites -- which is particularly useful from a policy point of view because it supports the use of benefit transfer for more cost-effective river management.

Suggested Citation

  • Anton Paulrud & Thomas Laitila, 2013. "A cost-benefit analysis of restoring the Em River in Sweden: valuation of angling site characteristics and visitation frequency," Applied Economics, Taylor & Francis Journals, vol. 45(16), pages 2255-2266, June.
    • Handle: RePEc:taf:applec:45:y:2013:i:16:p:2255-2266
    DOI: 10.1080/00036846.2012.659348
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2012.659348
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036846.2012.659348?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ian J. Bateman & Richard T. Carson & Brett Day & Michael Hanemann & Nick Hanley & Tannis Hett & Michael Jones-Lee & Graham Loomes, 2002. "Economic Valuation with Stated Preference Techniques," Books, Edward Elgar Publishing, number 2639.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yong Huang & Qinjun Kang & Qi Wang & Lili Luo & Tingting Wang & Qingrui Chang, 2022. "Multiscale Spatial Distribution Pattern and Influencing Factors on Inland Fishing Gardens in China," Sustainability, MDPI, vol. 14(11), pages 1-17, May.
    2. Erik Wallentin, 2016. "Choice of the angler," Tourism Economics, , vol. 22(6), pages 1338-1351, December.
    3. Kristina Ek & Lars Persson, 2020. "Priorities and Preferences in Water Quality Management - a Case Study of the Alsterån River Basin," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 34(1), pages 155-173, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Verbic, Miroslav & Slabe-Erker, Renata, 2009. "An econometric analysis of willingness-to-pay for sustainable development: A case study of the Volcji Potok landscape area," Ecological Economics, Elsevier, vol. 68(5), pages 1316-1328, March.
    2. Yamada, Katsunori & Sato, Masayuki, 2013. "Another avenue for anatomy of income comparisons: Evidence from hypothetical choice experiments," Journal of Economic Behavior & Organization, Elsevier, vol. 89(C), pages 35-57.
    3. Björn Vollan & Karla Henning & Deniza Staewa, 2017. "Do campaigns featuring impact evaluations increase donations? Evidence from a survey experiment," Journal of Development Effectiveness, Taylor & Francis Journals, vol. 9(4), pages 500-518, October.
    4. Choi, Andy S., 2013. "Nonmarket values of major resources in the Korean DMZ areas: A test of distance decay," Ecological Economics, Elsevier, vol. 88(C), pages 97-107.
    5. Jose M. Martínez-Paz & Angel Perni & Federico Martínez-Carrasco, 2013. "Assessment of the Programme of Measures for Coastal Lagoon Environmental Restoration Using Cost--Benefit Analysis," European Planning Studies, Taylor & Francis Journals, vol. 21(2), pages 131-148, February.
    6. Carol Vargas & Ramón Rosales, 2006. "Valoración Económica De La Prevención Pública De La Malaria En Los Hogares Del Caquetá," Documentos CEDE 3749, Universidad de los Andes, Facultad de Economía, CEDE.
    7. Giles Atkinson & Sian Morse-Jones & Susana Mourato & Allan Provins, 2012. "‘When to Take “No” for an Answer’? Using Entreaties to Reduce Protests in Contingent Valuation Studies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(4), pages 497-523, April.
    8. Ivehammar, Pernilla, 2014. "Valuing environmental quality in actual travel time savings – The Haningeleden road project in Stockholm," Research in Transportation Economics, Elsevier, vol. 48(C), pages 349-356.
    9. Otrachshenko, Vladimir & Tyurina, Elena & Nagapetyan, Artur, 2022. "The economic value of the Glass Beach: Contingent valuation and life satisfaction approaches," Ecological Economics, Elsevier, vol. 198(C).
    10. Tuan, Tran Huu & Navrud, Stale, 2009. "Applying the dissonance-minimising format to value cultural heritage in developing countries," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(3), pages 1-17.
    11. Shokhrukh-Mirzo Jalilov, 2017. "Value of Clean Water Resources: Estimating the Water Quality Improvement in Metro Manila, Philippines," Resources, MDPI, vol. 7(1), pages 1-15, December.
    12. Mahieu, Pierre-Alexandre & Andersson, Henrik & Beaumais, Olivier & Crastes dit Sourd, Romain & Hess, François-Charles & Wolff, François-Charles, 2017. "Stated preferences: a unique database composed of 1657 recent published articles in journals related to agriculture, environment, or health," Review of Agricultural, Food and Environmental Studies, Institut National de la Recherche Agronomique (INRA), vol. 98(3), November.
    13. Rakotonarivo, O. Sarobidy & Bredahl Jacobsen, Jette & Poudyal, Mahesh & Rasoamanana, Alexandra & Hockley, Neal, 2018. "Estimating welfare impacts where property rights are contested: methodological and policy implications," Land Use Policy, Elsevier, vol. 70(C), pages 71-83.
    14. Kevin Boyle & Sapna Kaul & Ali Hashemi & Xiaoshu Li, 2015. "Applicability of benefit transfers for evaluation of homeland security counterterrorism measures," Chapters, in: Carol Mansfield & V. K. Smith (ed.), Benefit–Cost Analyses for Security Policies, chapter 10, pages 225-253, Edward Elgar Publishing.
    15. Andy Choi & Franco Papandrea & Jeff Bennett, 2007. "Assessing cultural values: developing an attitudinal scale," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 31(4), pages 311-335, December.
    16. Kerstin K Zander & Gillian B Ainsworth & Jürgen Meyerhoff & Stephen T Garnett, 2014. "Threatened Bird Valuation in Australia," PLOS ONE, Public Library of Science, vol. 9(6), pages 1-9, June.
    17. Barr, Rhona F. & Mourato, Susana, 2014. "Investigating fishers' preferences for the design of marine Payments for Environmental Services schemes," Ecological Economics, Elsevier, vol. 108(C), pages 91-103.
    18. Pfarr, Christian & Schmid, Andreas, 2013. "The political economics of social health insurance: the tricky case of individuals’ preferences," MPRA Paper 44534, University Library of Munich, Germany.
    19. Massimo Florio & Francesco Giffoni & Gelsomina Catalano, 2020. "Should governments fund basic science? Evidence from a willingness-to-pay experiment in five universities," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 23(1), pages 16-33, January.
    20. Gürlük, Serkan & Ward, Frank A., 2009. "Integrated basin management: Water and food policy options for Turkey," Ecological Economics, Elsevier, vol. 68(10), pages 2666-2678, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:45:y:2013:i:16:p:2255-2266. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.