The value of preserving the four large predators in Sweden: Regional differences considered
This paper contributes with an applied policy analysis of the predator preservation policy in Sweden. We estimate the social benefits from preserving the four large predators in Sweden by applying a contingent valuation approach. The vehicle we use to fulfil our objectives is data from a survey that were mailed out in the spring of 2004. We find that the Swedish population is divided in half concerning their support for the predator policy package and that the overall mean WTP for preserving the four large predators in Sweden is approximately SEK 290. We also find that the WTP differ substantially between different regions in Sweden. Respondents in Stockholm have the highest WTP whereas the lowest WTP is found for respondents living in Wolfterritories. Finally we find that our measure of the social value is sensitive with respect to response-uncertainty. When the respondents are allowed to be uncertain about their valuation they state a higher value. The main conclusion is that the social-value of preserving the four large predators in Sweden may be negative since the stated benefits seem to be rather small.
|Date of creation:||10 Feb 2006|
|Contact details of provider:|| Postal: Department of Economics, Umeå University, S-901 87 Umeå, Sweden|
Phone: 090 - 786 61 42
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Web page: http://www.econ.umu.se/
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- Laura Nahuelhual-Muñoz & Maria Loureiro & John Loomis, 2004. "Addressing Heterogeneous Preferences Using Parametric Extended Spike Models," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 27(3), pages 297-311, March.
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- Wang, Hua, 1997. "Treatment of "Don't-Know" Responses in Contingent Valuation Surveys: A Random Valuation Model," Journal of Environmental Economics and Management, Elsevier, vol. 32(2), pages 219-232, February.
- Catherine Chambers & John Whitehead, 2003. "A Contingent Valuation Estimate of the Benefits of Wolves in Minnesota," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 26(2), pages 249-267, October.
- W. Michael Hanemann, 1984. "Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(3), pages 332-341.
- Vossler, Christian A. & Poe, Gregory L., 2005. "Analysis of contingent valuation data with multiple bids and response options allowing respondents to express uncertainty: a comment," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 197-200, January.
- Welsh, Michael P. & Poe, Gregory L., 1998. "Elicitation Effects in Contingent Valuation: Comparisons to a Multiple Bounded Discrete Choice Approach," Journal of Environmental Economics and Management, Elsevier, vol. 36(2), pages 170-185, September.
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