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El método del coste de viaje en la valoración de daños ambientales. Una aproximación para el País Vasco por el accidente del Prestige

Author

Listed:
  • Pere Riera Micaló

    (Universidad Autónoma de Barcelona)

  • Verónica Farreras

    (Universidad Autónoma de Barcelona)

Abstract

The Travel Cost Method was originally developed to value some natural resources, like parks. However, it can also be applied in the estimation of resource damages in terms of losses in the recreational use value. This paper shows a theoretical framework for the Travel Cost Method and an empirical application to approximate the value of the recreational losses in the Basque coast due to the accident of petrol carrier Prestige. For this purpose, the recreational value of the Basque coasts are estimated before and after the accident. According to the assumptions made, three basic scenarios are contemplated, yielding an estimate of the order of magnitude of units of million euros.

Suggested Citation

  • Pere Riera Micaló & Verónica Farreras, 2004. "El método del coste de viaje en la valoración de daños ambientales. Una aproximación para el País Vasco por el accidente del Prestige," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 57(03), pages 68-85.
    • Handle: RePEc:ekz:ekonoz:2004305
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    Cited by:

    1. Saúl Torres-Ortega & Rubén Pérez-Álvarez & Pedro Díaz-Simal & Julio Manuel De Luis-Ruiz & Felipe Piña-García, 2018. "Economic Valuation of Cultural Heritage: Application of Travel Cost Method to the National Museum and Research Center of Altamira," Sustainability, MDPI, vol. 10(7), pages 1-13, July.

    More about this item

    Keywords

    estimación de valor recreativo; método de coste de viaje; prestige;
    All these keywords.

    JEL classification:

    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • D62 - Microeconomics - - Welfare Economics - - - Externalities

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