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Economic valuation of preventing beach erosion : comparing existing and non-existing beach markets with stated and revealed preferences
Logara, Ivana (Universitat Autònoma de Barcelona. Institut de Ciència i Tecnologia Ambientals)
van den Bergh, Jeroen C. J. M. (Universitat Autònoma de Barcelona. Institut de Ciència i Tecnologia Ambientals)

Date: 2014
Abstract: Predicted climate change is likely to increase beach erosion in the future, inducing higher costs of beach maintenance. Hence, additional funds for their protection will be required. We examine the willingness to pay (WTP) of beach visitors for preventing beach erosion in the form of daily beach entrance fees in Crikvenica, Croatia, by applying the contingent valuation method. This is the first beach valuation study for this country in transition which has emerged as an important Mediterranean tourist destination. The novelty of our study is that it compares WTP estimates for an existing and a non-existing beach market. This is done by conducting a survey at the beach where an entrance fee is already levied and at the nearest open-access beach. Based on the initial (follow-up) valuation question the stated WTP per adult per day for avoiding beach erosion equals €1. 69 (€1. 26) for the paid beach and €2. 08 (€1. 84) for the free beach. In addition, the travel cost method is employed. It reveals that consumer surpluses for visiting the paid and the free beach amount to €2. 57 and €1. 74, respectively.
Note: Altres ajuts: CSO2013-42513-P
Rights: Tots els drets reservats.
Language: Anglès
Document: Article ; recerca ; Versió acceptada per publicar
Subject: Contingent valuation ; Croatia ; Entrance fees ; Stated and revealed preferences ; Travel cost method
Published in: Journal of Environmental Economics and Policy, Vol. 3 Núm. 1 (gener 2014) , p. 46-66, ISSN 2160-6544

DOI: 10.1080/21606544.2013.863742


Postprint
42 p, 583.8 KB

The record appears in these collections:
Research literature > UAB research groups literature > Research Centres and Groups (research output) > Experimental sciences > Institut de Ciència i Tecnologia Ambientals (ICTA) > Environmental and Climate Economics (ECE)
Articles > Research articles
Articles > Published articles

 Record created 2021-03-01, last modified 2023-10-01



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