Environmental Valuation in Developed Countries: Case Studies

472 Pages·2007·6.16 MB·English

by  David W. Pearce

Environmental Valuation in Developed
Countries
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Environmental
Valuation in
Developed Countries
Case Studies
Edited by
David Pearce
Formerly Emeritus Professor of Economics,
University College London, UK
Edward Elgar
Cheltenham, UK (cid:127) Northampton, MA, USA
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© David Pearce, 2006
All rights reserved. No part of this publication may be reproduced, stored in
a retrieval system or transmitted in any form or by any means, electronic,
mechanical or photocopying, recording, or otherwise without the prior
permission of the publisher.
Published by
Edward Elgar Publishing Limited
Glensanda House
Montpellier Parade
Cheltenham
Glos GL50 1UA
UK
Edward Elgar Publishing, Inc.
William Pratt House
9 Dewey Court
Northampton
Massachusetts 01060
USA
A catalogue record for this book
is available from the British Library
Library of Congress Cataloguing in Publication Data
Environmental valuation in developed countries: case studies/edited by David
Pearce.
p. cm.
Includes bibliographical references and index.
1. Environmental economics—Case studies. 2. Environmental policy—Cost
effectiveness—Case studies. 3. Natural resources—Valuation—Case studies.
I. Pearce, David, 1941–2005.
HC79.E5V2623 2006
333—dc22
2006041040
ISBN-13: 978 1 84064 147 9 (cased)
ISBN-10: 1 84064 147 9 (cased)
Printed and bound in Great Britain by MPG Books Ltd, Bodmin, Cornwall
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Contents
List of contributors vii
Acknowledgements xi
David Pearce (1941–2005): a tribute xiii
1 Introduction: valuing environments in the rich world 1
David Pearce
PART I NATURAL RESOURCES: FORESTS,
BIODIVERSITY, WATER AND ENERGY
2 Cost–benefi t analysis of Irish forest policy 15
J. Peter Clinch
3 Costs and benefi ts of UK forestry policy 36
Bob Crabtree
4 Valuing changes in farmland biodiversity using stated
preference techniques 50
Mike Christie, Nick Hanley, John Warren, Tony Hyde,
Kevin Murphy and Robert Wright
5 Implications of declining discount rates for UK climate
change policy 77
Ben Groom, Cameron Hepburn, Phoebe Koundouri and
David Pearce
6 Valuing perceived risk of genetically modifi ed food:
a meta-analysis 97
Clare Hall, Dominic Moran and David Allcroft
7 Valuing water quality changes in the Netherlands using stated
preference techniques 132
Roy Brouwer
8 Measuring environmental externalities in the electric power
sector 148
Patrik Söderholm and Thomas Sundqvist
9 Quantifying the environmental impacts of renewable energy:
the case of Swedish wind power 181
Kristina Ek
v
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vi Contents
PART II AMENITY AND WATER QUALITY
10 Underground or overground? Measuring the visual
disamenity from overhead electricity transmission lines 213
Giles Atkinson, Brett Day and Susana Mourato
11 Using choice experiments to value urban green space 240
Craig Bullock
12 Valuing the environmental benefi ts of water industry
investment in England and Wales 252
Bruce Horton and Jonathan Fisher
13 Valuing water service level changes: a random utility
approach and benefi t transfer comparison 274
Kenneth Willis and Riccardo Scarpa
14 The value of a tidier Thames: willingness to pay to reduce
sewage overfl ows 293
Susana Mourato, Ece Özdemiroğlu, Giles Atkinson,
Jodi Newcombe and Yvette de Garis
15 Cost–benefi t analysis and the prevention of eutrophication 317
Ian Bateman, Brett Day, Diane Dupont, Stavros Georgiou,
Nuno Gonçalo Matias, Sanae Morimoto and
Logakanthi Subramanian
16 Is it worth revising the European Bathing Water Directive?
A choice experiment 343
Susana Mourato, Allan Provins, Ece Özdemiroğlu,
Stavros Georgiou and Jodi Newcombe
17 Hedonic price analysis of road traffi c noise nuisance 363
Brett Day, Ian Bateman and Iain Lake
PART III VALUATION AND SECTORAL GREEN
ACCOUNTING
18 Towards green sectoral accounts for UK agriculture 409
Jodi Newcombe, Ece Özdemiroğlu and Giles Atkinson
19 Scale issues and scaling procedures in integrated water
accounting 435
Roy Brouwer, Sjoerd Schenau and Rob van der Veeren
Index 449
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Contributors
David Allcroft, Biomathematics and Statistics Scotland, James Clerk
Maxwell Building, The King’s Buildings, Edinburgh, Scotland. dave@
bioss.ac.uk.
Giles Atkinson, Senior Lecturer in Environmental Policy, Department of
Geography and Environment, London School of Economics and Political
Science, London, England, [email protected].
Ian Bateman, Professor of Environmental Economics, Centre for Social
and Economic Research on the Global Environment (CSERGE), School
of Environmental Sciences, University of East Anglia, Norwich, England.
[email protected].
Roy Brouwer, Institute for Environmental Studies (IVM), Vrije Universiteit,
De Boelelaan 1087, Amsterdam, the Netherlands. roy.brouwer@ivm.
vu.nl.
Craig Bullock, Department of Planning and Environmental Policy,
University College Dublin, Belfi eld, Dublin 14, Ireland. craig.bullock@
ucd.ie.
Mike Christie, Institute of Rural Sciences, Llanbadarn Campus, University
of Wales, Aberystwyth, Ceredigion, Wales. [email protected].
J. Peter Clinch, Jean Monnet Professor of European Environmental Policy,
Department of Planning and Environmental Policy, University College
Dublin, Ireland. [email protected].
Bob Crabtree, CJC Consulting Ltd, Oxford, England. r.crabtree@zetnet.
co.uk.
Brett Day, Lecturer in Environmental Economics, School of Environmental
Sciences, University of East Anglia, Norwich, England. brett.day@uea.
ac.uk.
Diane Dupont, Professor, Department of Economics, Brock University, St
Catharine’s, Ontario, Canada. [email protected].
vii
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viii Contributors
Kristina Ek, Division of Economics, Luleå University of Technology,
Luleå, Sweden. [email protected].
Jonathan Fisher, Environment Agency, Rio House, Aztec West, Bristol,
England. jonathan.fi [email protected].
Yvette de Garis, Environmental Assessment Manager, Environment,
Quality and Sustainability, Thames Water, Reading, England. Yvette.
[email protected].
Stavros Georgiou, Honorary Research Fellow, Centre for Social and
Economic Research on the Global Environment (CSERGE), School of
Environmental Sciences, University of East Anglia, Norwich, England.
[email protected].
Ben Groom, Lecturer in Economics, Department of Economics, School of
Oriental and African Studies, London, England. [email protected].
Clare Hall, Land Economy Research Group, Scottish Agricultural College,
Edinburgh, Scotland. [email protected].
Nick Hanley, Professor of Environmental Economics, University of
Stirling, Scotland. [email protected].
Cameron Hepburn, Elizabeth Wordsworth Junior Research Fellow in
Economics, St Hugh’s College, Oxford; Teaching Fellow, Environmental
Change Institute, Oxford, and University Fellow, James Martin Institute,
Saïd Business School, Oxford, England. cameron.hepburn@economics.
ox.ac.uk.
Bruce Horton, Policy Development Adviser, Water UK, London, England.
[email protected]. (Dr Horton was at the Environment Agency
(England and Wales) at the time of the preparation of Chapter 12.)
Tony Hyde, Socio-Economic Research Services Ltd, Aberystwyth,
Ceredigion, Wales. [email protected].
Phoebe Koundouri, Lecturer in Economics, School of Business, University
of Reading, Whiteknights, Reading, England, and Research Fellow,
Department of Economics, University College London, England.
[email protected].
Iain Lake, Lecturer in Environmental Sciences, School of Environmental
Sciences, University of East Anglia, Norwich, England. i.lake@uea.
ac.uk.
Nuno Gonçalo Matias, School of Environmental Sciences, University of
East Anglia, Norwich, England. [email protected].
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Contributors ix
Dominic Moran, Land Economy Research Group, Scottish Agricultural
College, Edinburgh, Scotland. [email protected].
Sanae Morimoto, Department of Economics, Faculty of Law and
Economics, Okayama Shoka University, Japan. [email protected].
Susana Mourato, Senior Lecturer in Environmental Economics, Centre for
Environmental Policy, Imperial College London, England. s.mourato@
imperial.ac.uk.
Kevin Murphy, Department of Environmental and Evolutionary Biology,
Glasgow University, Glasgow, Scotland. [email protected].
Jodi Newcombe, (at the time of preparing this book), Senior Consultant,
Economics for the Environment Consultancy (eftec), London, England.
[email protected].
Ece Özdemiroğlu, Director, Economics for the Environment Consultancy
(eftec), London, England. [email protected].
David Pearce, formerly Emeritus Professor of Economics, University
College London, England.
Allan Provins, Consultant, Economics for the Environment Consultancy
(eftec), London, England. [email protected].
Riccardo Scarpa, Professor of Economics, Waikato Management School,
The University of Waikato, Hamilton, New Zealand. rscarpa@mngt.
waikato.ac.nz.
Sjoerd Schenau, Statistics Netherlands, Voorburg, the Netherlands. sscn@
cbs.nl.
Patrik Söderholm, Professor of Economics, Luleå University of
Technology, Luleå, Sweden. [email protected].
Logakanthi Subramanian, School of Environmental Sciences, University
of East Anglia, Norwich, England. [email protected].
Thomas Sundqvist, Case Offi cer, Swedish Competition Authority,
Stockholm, Sweden. [email protected].
Rob van der Veeren, Institute for Integrated Water Management and
Wastewater Treatment (RIZA), Lelystad, the Netherlands. r.vdveeren@
riza.rws.minvenw.nl.
John Warren, Institute of Rural Sciences, University of Wales at
Aberystwyth, Llanbadarn Campus, Aberystwyth, Ceredigion, Wales.
[email protected].
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x Contributors
Kenneth Willis, Director, CREAM (Centre for Research in Environmental
Appraisal and Management) and Professor of Environmental Economics,
School of Architecture and Planning, University of Newcastle, Newcastle
upon Tyne, England. [email protected].
Robert Wright, Professor of Economics, University of Stirling, Stirling,
Scotland. [email protected].
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