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Unraveling local preferences and willingness to pay for different management scenarios: A choice experiment to Biosphere Reserve management

Author

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  • Nekane Castillo-Eguskitza

    (Faculty of Science and Technology, University of the Basque Country UPV/EHU)

  • David Hoyos

    (Faculty of Economics and Busines, University of the Basque Country UPV/EHU; Research Group on Ecological Economics and Political Ecology)

  • Miren Onaindia

    (Faculty of Science and Technology, University of the Basque Country UPV/EHU)

  • Mikolaj Czajkowski

    (Faculty of Economic Sciences, University of Warsaw; Charles University, Environmental Center, Prague)

Abstract

Economic valuation of ecosystem services has emerged as a valuable tool to promote conservation and sustainable land management. Our study adds to this literature, by reporting the results of a discrete choice experiment used to analyse local population preferences and willingness-to-pay for selected ecosystem services resulting from different management scenarios in the Urdaibai Biosphere Reserve (Biscay, Spain). The ecosystem services considered include quality of water bodies, agricultural production, native forest protection, biodiversity, and recreation. The results indicate that the local population is willing to financially support a new management plan focused on the improvement of ecosystem health and landscape multifunctionality and sustainability, with recreation being the least valued ecosystem service. These findings may be used to inform conservation and management policies to maximize social well-being. They can also help to prioritize investments and allocation of funding and hence minimise land use conflicts.

Suggested Citation

  • Nekane Castillo-Eguskitza & David Hoyos & Miren Onaindia & Mikolaj Czajkowski, 2019. "Unraveling local preferences and willingness to pay for different management scenarios: A choice experiment to Biosphere Reserve management," Working Papers 2019-05, Faculty of Economic Sciences, University of Warsaw.
  • Handle: RePEc:war:wpaper:2019-05
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    References listed on IDEAS

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    More about this item

    Keywords

    Ecosystem services; discrete choice experiment; social preferences; economic valuation; Urdaibai Biosphere Reserve;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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