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Valuing The Recreational Benefits Of Wetland Adaptation To Climate Change: A Trade-Off Between Species’ Abundance And Diversity

Author

Listed:
  • Michela Faccioli

    (Universitat de les Illes Balears)

  • Antoni Riera Font

    (Universitat de les Illes Balears)

  • Catalina M. Torres

    (Universitat de les Illes Balears)

Abstract

Climate change will further exacerbate wetland deterioration, especially in the Mediterranean region. On the one side, it will accelerate the decline in the populations and species of plants and animals, this resulting in an impoverishment of biological abundance. On the other one, it will also promote biotic homogenization, resulting in a loss of species’ diversity. In this context, different climate change adaptation policies can be designed: those oriented to recovering species’ abundance and those aimed at restoring species’ diversity. Based on the awareness that knowledge about visitors’ preferences is crucial to better inform policy makers and secure wetlands’ public use and conservation, this paper assesses the recreational benefits of different adaptation options through a choice experiment study carried out in S’Albufera wetland (Mallorca). Results show that visitors display positive preferences for an increase in both species’ abundance and diversity, although they assign a higher value to the latter, thus suggesting a higher social acceptability of policies pursuing wetlands’ differentiation. This finding acquires special relevance not only for adaptation management in wetlands but also for tourism planning, as most visitors to S’Albufera are tourists. Thus, given the growing competition to attract visitors and the increasing demand for high environmental quality and unique experiences, promoting wetlands’ differentiation could be a good strategy to gain competitive advantage over other wetland areas and tourism destinations.

Suggested Citation

  • Michela Faccioli & Antoni Riera Font & Catalina M. Torres, 2014. "Valuing The Recreational Benefits Of Wetland Adaptation To Climate Change: A Trade-Off Between Species’ Abundance And Diversity," DEA Working Papers 64, Universitat de les Illes Balears, Departament d'Economía Aplicada.
  • Handle: RePEc:ubi:deawps:64
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    References listed on IDEAS

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    1. Torres, Cati & Hanley, Nick & Riera, Antoni, 2011. "How wrong can you be? Implications of incorrect utility function specification for welfare measurement in choice experiments," Journal of Environmental Economics and Management, Elsevier, vol. 62(1), pages 111-121, July.
    2. Catalina M. Torres Figuerola & Nick Hanley & Antoni Riera Font, 2008. "The implications of incorrect utility function specification for welfare measurement in choice experiments," CRE Working Papers (Documents de treball del CRE) 2008/6, Centre de Recerca Econòmica (UIB ·"Sa Nostra").
    3. Catalina M. Torres & Antoni Riera & Dolores García, 2009. "Are Preferences for Water Quality Different for Second-Home Residents?," Tourism Economics, , vol. 15(3), pages 629-651, September.
    4. Daniel McFadden & Kenneth Train, 2000. "Mixed MNL models for discrete response," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 15(5), pages 447-470.
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    Cited by:

    1. Cati Torres & Nick Hanley, 2016. "Communicating research on the economic valuation of coastal and marine ecosystem services," DEA Working Papers 81, Universitat de les Illes Balears, Departament d'Economía Aplicada.
    2. Michela Faccioli & Laure Kuhfuss & Mikołaj Czajkowski, 2019. "Stated Preferences for Conservation Policies Under Uncertainty: Insights on the Effect of Individuals’ Risk Attitudes in the Environmental Domain," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(2), pages 627-659, June.
    3. Jiang Li & Qiao Pan & You Peng & Tao Feng & Shaobo Liu & Xiaoxi Cai & Chixing Zhong & Yicheng Yin & Wenbo Lai, 2020. "Perceived Quality of Urban Wetland Parks: A Second-Order Factor Structure Equation Modeling," Sustainability, MDPI, vol. 12(17), pages 1-15, September.
    4. Michela Faccioli & Nick Hanley & Catalina M. Torres Figuerola & Antoni Riera Font, 2015. "Do we care about sustainability? An analysis of time sensitivity of social preferences under environmental time-persistent effects," Discussion Papers in Environment and Development Economics 2015-17, University of St. Andrews, School of Geography and Sustainable Development.
    5. Torres, Cati & Faccioli, Michela & Riera Font, Antoni, 2017. "Waiting or acting now? The effect on willingness-to-pay of delivering inherent uncertainty information in choice experiments," Ecological Economics, Elsevier, vol. 131(C), pages 231-240.
    6. Pueyo-Ros, Josep & Garcia, Xavier & Ribas, Anna & Fraguell, Rosa M., 2018. "Ecological Restoration of a Coastal Wetland at a Mass Tourism Destination. Will the Recreational Value Increase or Decrease?," Ecological Economics, Elsevier, vol. 148(C), pages 1-14.
    7. Alejandra R. Enríquez & Angel Bujosa Bestard, 2020. "Measuring the economic impact of climate-induced environmental changes on sun-and-beach tourism," Climatic Change, Springer, vol. 160(2), pages 203-217, May.
    8. Tian Gao & Ling Zhu & Tian Zhang & Rui Song & Yuanqun Zhang & Ling Qiu, 2019. "Is an Environment with High Biodiversity the Most Attractive for Human Recreation? A Case Study in Baoji, China," Sustainability, MDPI, vol. 11(15), pages 1-20, July.

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    More about this item

    Keywords

    climate change; wetland adaptation; species’ diversity; species’ abundance; recreational benefits; choice experiment.;
    All these keywords.

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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