IDEAS home Printed from https://ideas.repec.org/p/dlw/wpaper/07-18..html
   My bibliography  Save this paper

Valuing Changes in the Quality of Coral Reef Ecosystems: A Stated Preference Study of SCUBA Diving in the Bonaire National Marine Park

Author

Listed:
  • George R. Parsons

    (Graduate College of Marine Studies and Department of Economics,University of Delaware)

  • Steven M. Thur

    (NOAA Office of Response and Restoration)

Abstract

We estimated the economic value of changes in the quality of a coral reef ecosystem to SCUBA divers in the Caribbean using a stated preference mail survey. Our sampling frame was all divers with U.S. home addresses who purchased a tag required for diving in the Bonaire National Marine Park in 2001. Divers were asked how they might have altered their trip choice had the quality of the coral reef system been different from what they experienced. From these responses we inferred the value of three different levels of quality defined by visibility, species diversity, and percent coral cover. We used random utility theory and mixed logit to analyze the choice questions. Our sample size was 211, and our survey response rate is 75%. For modest changes in quality we estimate per person annual losses at $45. For larger losses the value is $192.

Suggested Citation

  • George R. Parsons & Steven M. Thur, 2007. "Valuing Changes in the Quality of Coral Reef Ecosystems: A Stated Preference Study of SCUBA Diving in the Bonaire National Marine Park," Working Papers 07-18, University of Delaware, Department of Economics.
  • Handle: RePEc:dlw:wpaper:07-18.
    as

    Download full text from publisher

    File URL: http://graduate.lerner.udel.edu/sites/default/files/ECON/PDFs/RePEc/dlw/WorkingPapers/2007/UDWP2007-18.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Moberg, Fredrik & Folke, Carl, 1999. "Ecological goods and services of coral reef ecosystems," Ecological Economics, Elsevier, vol. 29(2), pages 215-233, May.
    2. Train, K. & Weeks, M., 2004. "Discrete Choice Models in Preference Space and Willingness-to Pay Space," Cambridge Working Papers in Economics 0443, Faculty of Economics, University of Cambridge.
    3. Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D. With contributions by-Name:Adamowicz,Wiktor, 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304.
    4. Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521747387.
    5. Train, Kenneth & Wilson, Wesley W., 2008. "Estimation on stated-preference experiments constructed from revealed-preference choices," Transportation Research Part B: Methodological, Elsevier, vol. 42(3), pages 191-203, March.
    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. Paudel, Krishna P. & Caffey, Rex H. & Devkota, Nirmala, 2011. "An Evaluation of Factors Affecting the Choice of Coastal Recreational Activities," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 43(2), pages 167-179, May.
    2. Schuhmann, Peter W. & Mahon, Robin, 2015. "The valuation of marine ecosystem goods and services in the Caribbean: A literature review and framework for future valuation efforts," Ecosystem Services, Elsevier, vol. 11(C), pages 56-66.
    3. Londoño, Luz M. & Johnston, Robert J., 2012. "Enhancing the reliability of benefit transfer over heterogeneous sites: A meta-analysis of international coral reef values," Ecological Economics, Elsevier, vol. 78(C), pages 80-89.
    4. Beharry-Borg, Nesha & Scarpa, Riccardo, 2010. "Valuing quality changes in Caribbean coastal waters for heterogeneous beach visitors," Ecological Economics, Elsevier, vol. 69(5), pages 1124-1139, March.
    5. Luís C. Rodrigues & Jeroen C. J. M. Bergh & Maria L. Loureiro & Paulo A. L. D. Nunes & Sergio Rossi, 2016. "The Cost of Mediterranean Sea Warming and Acidification: A Choice Experiment Among Scuba Divers at Medes Islands, Spain," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(2), pages 289-311, February.
    6. Gill, David A. & Schuhmann, Peter W. & Oxenford, Hazel A., 2015. "Recreational diver preferences for reef fish attributes: Economic implications of future change," Ecological Economics, Elsevier, vol. 111(C), pages 48-57.
    7. Weijerman, Mariska & Grace-McCaskey, Cynthia & Grafeld, Shanna L. & Kotowicz, Dawn M. & Oleson, Kirsten L.L. & van Putten, Ingrid E., 2016. "Towards an ecosystem-based approach of Guam's coral reefs: The human dimension," Marine Policy, Elsevier, vol. 63(C), pages 8-17.
    8. Sonja S. Teelucksingh & Paulo A.L.D. Nunes, 2010. "Biodiversity Valuation in Developing Countries: A Focus on Small Island Developing States (SIDS)," Working Papers 2010.111, Fondazione Eni Enrico Mattei.
    9. Fitzpatrick, Luke & Parmeter, Christopher F. & Agar, Juan, 2017. "Threshold Effects in Meta-Analyses With Application to Benefit Transfer for Coral Reef Valuation," Ecological Economics, Elsevier, vol. 133(C), pages 74-85.
    10. Aanesen, Margrethe & Armstrong, Claire & Czajkowski, Mikołaj & Falk-Petersen, Jannike & Hanley, Nick & Navrud, Ståle, 2015. "Willingness to pay for unfamiliar public goods: Preserving cold-water coral in Norway," Ecological Economics, Elsevier, vol. 112(C), pages 53-67.
    11. Grafeld, Shanna & Oleson, Kirsten & Barnes, Michele & Peng, Marcus & Chan, Catherine & Weijerman, Mariska, 2016. "Divers' willingness to pay for improved coral reef conditions in Guam: An untapped source of funding for management and conservation?," Ecological Economics, Elsevier, vol. 128(C), pages 202-213.
    12. Kragt, Marit Ellen & Roebeling, Peter C. & Ruijs, Arjan, 2009. "Effects of Great Barrier Reef degradation on recreational reef-trip demand: a contingent behaviour approach," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(2), pages 1-17.
    13. Oleson, Kirsten L.L. & Bagstad, Kenneth J. & Fezzi, Carlo & Barnes, Megan D. & Donovan, Mary K. & Falinski, Kim A. & Gorospe, Kelvin D. & Htun, Hla & Lecky, Joey & Villa, Ferdinando & Wong, Tamara M., 2020. "Linking Land and Sea Through an Ecological-Economic Model of Coral Reef Recreation," Ecological Economics, Elsevier, vol. 177(C).

    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. Bruno Lanz & Allan Provins, 2013. "Valuing Local Environmental Amenity with Discrete Choice Experiments: Spatial Scope Sensitivity and Heterogeneous Marginal Utility of Income," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(1), pages 105-130, September.
    2. Grisolía, José M. & Longo, Alberto & Boeri, Marco & Hutchinson, George & Kee, Frank, 2013. "Trading off dietary choices, physical exercise and cardiovascular disease risks," Social Science & Medicine, Elsevier, vol. 93(C), pages 130-138.
    3. Bliemer, Michiel C.J. & Rose, John M., 2011. "Experimental design influences on stated choice outputs: An empirical study in air travel choice," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(1), pages 63-79, January.
    4. 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.
    5. 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.
    6. Kesternich, Iris & Heiss, Florian & McFadden, Daniel & Winter, Joachim, 2013. "Suit the action to the word, the word to the action: Hypothetical choices and real decisions in Medicare Part D," Journal of Health Economics, Elsevier, vol. 32(6), pages 1313-1324.
    7. Clark, Andrew E. & Senik, Claudia & Yamada, Katsunori, 2017. "When experienced and decision utility concur: The case of income comparisons," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 70(C), pages 1-9.
    8. Ping Qin & Fredrik Carlsson & Jintao Xu, 2011. "Forest Tenure Reform in China: A Choice Experiment on Farmers’ Property Rights Preferences," Land Economics, University of Wisconsin Press, vol. 87(3), pages 473-487.
    9. Joachim Marti, 2012. "Assessing preferences for improved smoking cessation medications: a discrete choice experiment," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 13(5), pages 533-548, October.
    10. Ida, Takanori & Goto, Rei & Takahashi, Yuko & Nishimura, Shuzo, 2011. "Can economic-psychological parameters predict successful smoking cessation?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(3), pages 285-295, May.
    11. de Ayala, Amaia & Hoyos, David & Mariel, Petr, 2015. "Suitability of discrete choice experiments for landscape management under the European Landscape Convention," Journal of Forest Economics, Elsevier, vol. 21(2), pages 79-96.
    12. repec:dpr:wpaper:0930 is not listed on IDEAS
    13. Arne Hole & Julie Kolstad, 2012. "Mixed logit estimation of willingness to pay distributions: a comparison of models in preference and WTP space using data from a health-related choice experiment," Empirical Economics, Springer, vol. 42(2), pages 445-469, April.
    14. Asrat, Sinafikeh & Yesuf, Mahmud & Carlsson, Fredrik & Wale, Edilegnaw, 2010. "Farmers' preferences for crop variety traits: Lessons for on-farm conservation and technology adoption," Ecological Economics, Elsevier, vol. 69(12), pages 2394-2401, October.
    15. Basu, Debasis & Hunt, John Douglas, 2012. "Valuing of attributes influencing the attractiveness of suburban train service in Mumbai city: A stated preference approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(9), pages 1465-1476.
    16. Carlsson, Fredrik & Kataria, Mitesh & Lampi, Elina & Löfgren, Åsa & Sterner, Thomas, 2011. "Is fairness blind?--The effect of framing on preferences for effort-sharing rules," Ecological Economics, Elsevier, vol. 70(8), pages 1529-1535, June.
    17. Daniel McFadden, 2009. "The human side of mechanism design: a tribute to Leo Hurwicz and Jean-Jacque Laffont," Review of Economic Design, Springer;Society for Economic Design, vol. 13(1), pages 77-100, April.
    18. Martine Audibert & Yong He & Jacky Mathonnat, 2013. "Two-Period Comparison of Healthcare Demand with Income Growth and Population Aging in Rural China: Implications for Adjustment of the Healthcare Supply and Development," Working Papers halshs-00846088, HAL.
    19. repec:spr:agfoec:v:2:y:2014:i:1:p:1-16 is not listed on IDEAS
    20. Fredrik Carlsson & Mitesh Kataria & Elina Lampi, 2011. "Do EPA Administrators Recommend Environmental Policies That Citizens Want?," Land Economics, University of Wisconsin Press, vol. 87(1), pages 60-74.
    21. Rogers, Abbie A. & Cleland, Jonelle, 2010. "Comparing Scientist and Public Preferences for Conserving Environmental Systems: A Case of the Kimberley’s Tropical Waterways and Wetlands," Research Reports 107579, Australian National University, Environmental Economics Research Hub.
    22. Rinaldo Brau, 2008. "Demand-Driven Sustainable Tourism? A Choice Modelling Analysis," Tourism Economics, , vol. 14(4), pages 691-708, December.

    More about this item

    Keywords

    coral reef; marine protected area; non-market valuation;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:dlw:wpaper:07-18.. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/deudeus.html .

    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: Saul Hoffman (email available below). General contact details of provider: https://edirc.repec.org/data/deudeus.html .

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.