Abstract
This work concerns the contingent valuation of endangered species. Specifically, it is devoted to quantify and model the value of the brown bear and its habitat in a society in the north of Spain. A single-bound dichotomous choice format for the valuation problem has been chosen. The main models to deal with this format will be recalled. In order to estimate the models, a multistage random sampling method has been developed, namely, two stratified random samplings and a final random routes sampling were carried out. The experiment was designed by taking into account the results of a pilot survey with open format questions. In particular, the total sample size has been determined by estimating the distribution of the errors by bootstrap, and the bid prices were fixed according to the pilot information. The results indicate that the target society gives more value to the brown bear than the one considered in the law in force.
Similar content being viewed by others
References
Alexander, R. (2000). Modelling species extinction: The case for non consumptive values. Ecological Economics, 35(2), 259–269.
Arrow, K., Solow, R., Portney, P. R., Leamer, E. E., Radner, R., & Schuman, H. (1993). Report of the NOAA Panel on Contingent Valuation, National Oceanic and Atmospheric Administration (NOAA), Federal Register V.S8 n°10, January 11.
Bernard, A. L., & Vielle, M. (2003). Measuring the welfare cost of climate change policies: A comparative assessment based on the computable general equilibrium model GEMINI-E3. Environmental Modeling and Assessment, 8(3), 199–217.
Bjornstad, D., & Kahn, J. (1996). The contingent valuation of environmental resources: Methodological issues and research needs. Cheltenham: Edward Elgar.
Efron, B., & Tibshirani, R. (1998). An introduction to the Bootstrap. Florida: Chapman & Hall/CRC.
Fremann, A. M. (1993). The measurement of environmental and resource values; theory and methods. Washington D.C.: Resources for the Future.
Giraud, K., Turcin, B., Loomis, J., & Cooper, J. (2002). Economic benefits of the protection program for the Steller sea lion. Marine Policy, 26(6), 451–458.
Hanemann, W. M. (1984). Welfare evaluation in contingent valuation experiments with discrete responses. American Journal of Agricultural Economics, 66(3), 332–341.
Haurie, A., Kübler, J. J. E., Clappier A., & van den Bergh, H. (2004). A metamodeling approach for integrated assessment of air quality policies. Environmental Modeling and Assessment, 9(1), 1–12.
Hausman, J. A. (1993). Contingent valuation: A critical assessment. Amsterdam: North-Holland.
Hite, D., Hudson, D., & Intarapapong, W. (2002). Willingness to pay for water quality improvements: The case of precision application technology. Journal of Agricultural and Resource Economics, 27(2), 433–449.
Indurot (2002). Valoración de la Naturaleza asturiana. Primera aproximación, Consejería de Medio Ambiente del Principado de Asturias.
Kristrom, B. (1990). Valuing environmental benefits using the contingent valuation method. An econometric analysis. Umea Economic Studies, N° 219. Universidad de Umea.
Kristrom, B. (1997). Spike models in contingent valuation. American Journal of Agricultural Economics, 79(4), 1013–1023.
Loomis, J. B., & White, D. S. (1996). Economic benefits of rare and endangered species: Summary and meta-analysis. Ecological Economics, 18(3), 197–206.
OECD (2002). Handbook of biodiversity valuation. A guide for policy makers (156 pp). Paris: OECD.
Pearce, D., & Morgan, D. (1994). The economic value of biodiversity. London: IUCN, Earthscan
Reiser, B., & Shechter, M. (1999). Incorporating zero values in the economic valuation of environmental program benefits. Environmetrics, 10(1), 97–101.
Rosen, S. (1974). Hedonic prices and implicit markets. Journal of Political Economy, 82(1), 34–55.
Scott, M., & Revelle, C. (2005). Models for preserving species diversity with backup coverage. Environmental Modeling and Assessment, 10(2), 98–105.
Wiser, R. H. (2007). Using contingent valuation to explore willingness to pay for renewable energy: A comparison of collective and voluntary payment vehicles. Ecological Economics, 62(3–4), 419–432.
Zaccour, G. (2006). Models in environmental economics. Environmental Modeling and Assessment, 11(2). Special issue.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
García-de la Fuente, L., Colina, A., Colubi, A. et al. Valuation of Environmental Resources: The Case of the Brown Bear in the North of Spain. Environ Model Assess 15, 81–91 (2010). https://doi.org/10.1007/s10666-009-9190-x
Received:
Accepted:
Published:
Issue Date:
DOI: https://doi.org/10.1007/s10666-009-9190-x