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Farmers’ Demand for Recycled Wastewater in Cyprus: A Contingent Valuation Approach

Author

Listed:
  • Ekin Birol

    (Department of Land Economy, University of Cambridge, UK)

  • Phoebe Koundouri
  • Yiannis Kountouris

    (Department of Land Economy, University of Cambridge, UK)

Abstract

This paper employs the contingent valuation (CV) method, to investigate Cypriot farmers’ willingness to adopt a new water resource, namely recycled wastewater, and to estimate farmers’ willingness to pay for varying quantities and qualities of recycled wastewater. A pilot CV study is undertaken with 97 farmers located in the Akrotiri aquifer area in Cyprus, a common-pool water resource with rapidly deteriorating water quality and quantity. The results reveal that farmers are willing to adopt this new water resource, and they derive the highest economic values from a recycled wastewater use program, which provides high quality recycled wastewater, and high water quantity in the aquifer.

Suggested Citation

  • Ekin Birol & Phoebe Koundouri & Yiannis Kountouris, 2007. "Farmers’ Demand for Recycled Wastewater in Cyprus: A Contingent Valuation Approach," Environmental Economy and Policy Research Working Papers 24.2007, University of Cambridge, Department of Land Economics, revised 2007.
  • Handle: RePEc:lnd:wpaper:200724
    as

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    File URL: http://www.landecon.cam.ac.uk/RePEc/pdf/200724.pdf
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    References listed on IDEAS

    as
    1. Timothy Haab, 1999. "Nonparticipation or Misspecification? The Impacts of Nonparticipation on Dichotomous Choice Contingent Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 14(4), pages 443-461, December.
    2. Cornes,Richard & Sandler,Todd, 1996. "The Theory of Externalities, Public Goods, and Club Goods," Cambridge Books, Cambridge University Press, number 9780521477185.
    3. Andreas Kontoleon & Timothy Swanson, 2003. "The Willingness to Pay for Property Rights for the Giant Panda: Can a Charismatic Species Be an Instrument for Nature Conservation?," Land Economics, University of Wisconsin Press, vol. 79(4), pages 483-499.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    contingent valuation; willingness to pay; water quantity; water quality; recycled wastewater; aquifer recharge;
    All these keywords.

    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics

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