Public Willingness to Pay for Recovering and Downlisting Threatened and Endangered Marine Species

Abstract: Nonmarket valuation research has produced economic value estimates for a variety of threatened, endangered, and rare species around the world. Although over 40 value estimates exist, it is often difficult to compare values from different studies due to variations in study design, implementation, and modeling specifications. We conducted a stated‐preference choice experiment to estimate the value of recovering or downlisting 8 threatened and endangered marine species in the United States: loggerhead sea turtle (Caretta caretta), leatherback sea turtle (Dermochelys coriacea), North Atlantic right whale (Eubalaena glacialis), North Pacific right whale (Eubalaena japonica), upper Willamette River Chinook salmon (Oncorhynchus tshawytscha), Puget Sound Chinook salmon (Oncorhynchus tshawytscha), Hawaiian monk seals (Monachus schauinslandi), and smalltooth sawfish (Pristis pectinata). In May 2009, we surveyed a random sample of U.S. households. We collected data from 8476 households and estimated willingness to pay for recovering and downlisting the 8 species from these data. Respondents were willing to pay for recovering and downlisting threatened and endangered marine taxa. Willingness‐to‐pay values ranged from $40/household for recovering Puget Sound Chinook salmon to $73/household for recovering the North Pacific right whale. Statistical comparisons among willingness‐to‐pay values suggest that some taxa are more economically valuable than others, which suggests that the U.S. public's willingness to pay for recovery may vary by species.     

生态脆弱区榆林三维生态足迹动态变化及其驱动因素

榆林能源丰富但生态脆弱,是生态工程的重点实施区域。分析榆林自然资本存量及流量的利用状况,有利于揭示自然资本占用的成因、探讨生态脆弱区环境保护与经济社会可持续发展的问题。在测算榆林2005—2014年人均生态足迹、人均生态承载力、生态压力指数等的基础上,以足迹深度和广度描述了自然资本存量消耗与流量占用的变化关系,并以偏最小二乘法分析了驱动生态足迹变化的因素。结果显示：10 a来榆林人均生态赤字增长幅度为274.18%,其中,能源消耗账户贡献率最高;人均生态承载力增加了61.81%,体现出生态建设的正向作用。榆林对资本存量消耗的速度大于资本流量占用的速度。影响生态足迹变化的显著因素是经济增长和社会消费。这些结论不仅对榆林自然资本利用与经济协调发展具有参考意义,而且对生态脆弱区核算自然资本、探讨生态系统与经济社会系统间的关系有一定的学术价值。     

Land Cover Changes as a Result of Environmental Restrictions on Nitrate Leaching in Dairy Farming

Nitrate leaching forms an important environmental problem because it causes pollution of groundwater and surface water, and adds to already problematic eutrophication. This study analyses the impact of reductions in nitrate leaching on land cover decisions of dairy farms, of which the activities make an important contribution to nitrate leaching. As the level of nitrate leaching depends on groundwater depth as well as on the supply of nitrogen, spatial variation in groundwater levels will cause a spatial variation in land cover under restrictions on nitrate leaching. A non-linear partial optimisation model for the economic and ecological aspects of the problem were used to show how land cover and dairy farms' financial balances change when nitrate losses are reduced. The model is spatially explicit, and describes nitrate leakage and yields of maize and grass as a function of groundwater depth, including the effects of various grazing systems. The model analyses the decisions of a risk neutral agent who minimises costs under the following constraints: (i) production, feed requirements and mass balances for fodder; (ii) constraints for nitrate leaching. Economic costs are attributed to increased costs of fodder and processing of manure when nitrate restrictions are tightened. An important result of the study is the variation in compliance costs and land cover for maize and grass production brought about by spatial variation in groundwater depth. While the effects are negligible for some shallow groundwater classes, it is extremely difficult in other classes – if not impossible – to obtain the EU standard of maximum admissible losses of 34 kg N ha^–1 at low costs. The study shows an important reduction in land cover by maize.     

Multi-stand Forest Management under a Climatic Risk: Do Time and Risk Preferences Matter?

We propose a stochastic dynamic programming framework to model the management of a multi-stand forest under climate risk (strong wind occurrence). The preferences of the forest-owner are specified by a non-expected utility in order to separately analyze intertemporal substitution and risk aversion effects. A numerical method is developed to characterize the optimal forest management policies and the optimal consumption-saving strategy. The stochastic dynamic programming framework is applied to a non-industrial private forest-owner located in North-East of France. We show that the optimal decisions both depend upon risk and time preferences. The authors would like to thank participants at the international conference on Economics of Sustainable Forest Management in Toronto, at the PARIS 1 seminar on Environmental and Natural Resource Economics, at the 2004 Applied Microeconomics Conference in Lille and at the 13th annual conference of the European Association of Environmental and Resource Economists at Budapest.     

FARMERS' ATTITUDES TOWARD NONPOINT POLLUTION CONTROL AND PARTICIPATION IN COST-SHARE PROGRAMS1

The success of government programs to control nonpoint source pollution depends upon attitudes toward those programs and the availability of technical and financial assistance. Applicants for the Rural Clean Water Program cost-share funding in Virginia possess different personal and operational characteristics than do nonapplicants. Factors associated with participation in the Rural Clean Water Program differed from those associated with the more traditional soil conservation programs. Discriminant analysis was used to differentiate between other farmers who may become applicants and nonapplicants. Farmers' attitudes toward various policy options for inducing implementation of nonpoint source management practices varied greatly. Farmers were most favorable to cost sharing, low-interest loans and tax credits, and least favorable to a soil loss tax. They were either very favorably or very unfavorably inclined toward cross-compliance between pollution control and other agricultural programs.     

Impacts of agri-environmental policy on land use and nitrogen leaching in Finland

Agri-environmental policies are challenging to be evaluated since they are often implemented in combination with other policies and regulations affecting agriculture. Also input and output markets affect agriculture. We provide impact assessment of agri-environmental scheme implemented in Finland 2007–2013 based on integrated economic and hydrological modelling and counterfactual scenarios. Development of crop specific fertilisation and land use changes, simulated using a multi-regional economic sector model, is included in a nutrient leaching model implemented in a typical agricultural region. Our results on agricultural production, land use, and nitrogen leaching show that the agri-environmental policy successfully mitigates nutrient leaching in intensive production regions but some mitigation potential is lost in less intensive regions.     

Towards a new climate economics:research areas and prospects

International cooperation to address climate change now stands at a crossroads.With a new international regime for emissions reduction established by the Durban Platform, "New Climate Economics(NCE)" has become a research hotspot.The need for urgent action to combat climate change has prompted discussion on reforms of economic growth patterns and the energy system.The industrial civilization,therefore,now faces a transition towards a new pathway for ecological sustainability.NCE explores new economic concepts,theories,and analytical methods to design a balanced pathway for sustainable growth and emission reduction.Instead of getting trapped in discussions on allocation of emission reduction responsibilities and obligations among countries,NCE pays more attention to developing win-win multilateral cooperation mechanisms that facilitate collaborative RD and knowledge sharing.In addition,NCE studies incentives for low-carbon transition,turning carbon emission reduction into a domestic need for countries to increase their international competitiveness.To achieve the 2°C target,most countries around the world face challenges of insufficient emission allowances to cover expected emissions associated with their projected economic growth.As carbon emissions rights becomes an increasingly scarce resource,increasing the carbon productivity of the economy turns to be the critical path to address the dilemma of green or growth.NCE studies the historical evolution of carbon productivity for countries at different development stages as well as ways to enhance such carbon productivity.This type of study provides invaluable lessons for emerging economies to reach their own emission peaks without losing the momentum of growth.Replacing fossil fuels with new and renewable energy has proven to be an inevitable choice for reshaping the energy system and addressing climate change- it has already become a global trend.NCE studies incentives for new energy technology innovation and deployment provided by carbon pricing,and sheds light on the co-benefits of climate change mitigation,such as resource conservation,environmental protection,and energy security.The role of carbon pricing in promoting intemational RD cooperation and technical transfer will also be studied.The shift in consumption patterns is another key factor enabling a low-carbon transformation.Therefore,NCE also explores the theoretical work on new values of wealth,welfare and consumption,new lifestyles in the context of ecological civilization,concepts and implementation of low-carbon urban planning in developing countries,and the impacts of consumption pattern changes on social development,material production,and urban infrastructure construction.     

The social and ecological determinants of common pool resource sustainability

We study a dynamic common pool resource game in which current resource stock depends on resource extraction in the previous period. Our model shows that for a sufficiently high regrowth rate, there is no commons dilemma: the resource will be preserved indefinitely in equilibrium. Lower growth rates lead to depletion. Laboratory tests of the model indicate that favorable ecological characteristics are necessary but insufficient to encourage effective CPR governance. Before the game, we elicit individual willingness to follow a costly rule. Only the presence of enough rule-followers preserves the resource given favorable ecological conditions.     

An Ex Post Evaluation of Ohio’s Great Miami Water Quality Trading Program1

Newburn, David A. and Richard T. Woodward, 2011. An Ex Post Evaluation of Ohio’s Great Miami Water Quality Trading Program. Journal of the American Water Resources Association (JAWRA) 48(1): 156‐169. DOI: 10.1111/j.1752‐1688.2011.00601.x Abstract: Market‐based approaches to address water quality problems have resulted in only limited success, especially in trading programs involving both point and nonpoint sources. We analyze one of the largest point‐nonpoint trading programs – the Great Miami Trading Program in Ohio, administered by the Miami Conservancy District (MCD). Our evaluation focuses on the economic and institutional aspects of the program, including cost effectiveness, efficiency of bidding, transaction costs, trading ratios, and innovation. We use a unique dataset consisting of all bids from agricultural nonpoint sources and interviews of soil and water conservation district (SWCD) agents in the watershed. We find that the MCD’s reliance on county‐level SWCD offices to recruit and advise farmers has been essential to achieve relatively high rates of farmer participation. Additionally, the MCD is able to partly free ride on the administrative costs that SWCD offices receive to assist federal conservation programs, which is helpful to lower costs for a fledgling trading program. However, the involvement of SWCD offices reduced the potential cost savings from the reverse auction structure because some agents were able to learn about the threshold price over the six rounds of bidding and help farmers bid strategically. Overall, the program structure serves as an effective model for future trading programs in other regions that seek to involve agricultural nonpoint sources.     

Even-Aged and Uneven-Aged Forest Management in Boreal Fennoscandia: A Review

Since WWII, forest management in Fennoscandia has primarily been based on even-aged stand management, clear cut harvesting and thinning from below. As an alternative, uneven-aged management, based on selection cutting of individual trees or small groups of trees, has been proposed. In this review we discuss the theoretical aspects of ecology and economics of the two management approaches. We also review peer-reviewed studies from boreal Fennoscandia, which have aimed at comparing the outcomes of uneven-aged and the conventional even-aged forest management. According to a common view the main obstacle of practicing uneven-aged forestry is its low economic performance. However, the reviewed studies did not offer any straightforward support for this view and several studies have found uneven-aged management to be fully competitive with existing even-aged management. Studies on the ecological aspects indicated that selection cuttings maintain mature or late-successional forest characteristics and species assemblages better than even-aged management, at least at the stand scale and in the short term. We conclude that although the number of relevant studies has increased in recent years, the ecological and economic performance of alternative management methods still remains poorly examined, especially for those stands with multiple tree species and also at wider spatial and temporal scales. For future research we advocate a strategy that fully takes into consideration the interdisciplinary nature of forest management and is better connected to social goals and latest theoretical and methodological developments in ecology and economics.