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International Public Preferences and Provision of Public Goods: Assessment of Passive Use Values in Large Oil Spills

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  • Maria Loureiro
  • John Loomis

Abstract

With global media reporting major environmental disasters, environmental damages linked to large oil spills may go well beyond the territorial limits of affected countries, particularly in the case of passive use values. In this analysis, we compare environmental damages linked a large oil spill off the coast of Spain using an online contingent valuation survey in three different European countries: Spain, UK, and Austria. Our results show that mean willingness to pay in Spain is about 124.37€/household, 80.87€/household in the UK, and 89.08€/household for Austria (expressed in 2009 prices). Conclusions and implications of our results suggest policy makers should consider the potential importance of passive use values in the compensation process of environmental damages caused by large international oil spills, especially within the European Union. Copyright Springer Science+Business Media B.V. 2013

Suggested Citation

  • Maria Loureiro & John Loomis, 2013. "International Public Preferences and Provision of Public Goods: Assessment of Passive Use Values in Large Oil Spills," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(4), pages 521-534, December.
    • Handle: RePEc:kap:enreec:v:56:y:2013:i:4:p:521-534
    DOI: 10.1007/s10640-012-9556-4
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    References listed on IDEAS

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    1. Maria Loureiro & John Loomis & Maria Vázquez, 2009. "Economic Valuation of Environmental Damages due to the Prestige Oil Spill in Spain," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(4), pages 537-553, December.
    2. W. Michael Hanemann, 1984. "Welfare Evaluations in Contingent Valuation Experiments with Discrete Responses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(3), pages 332-341.
    3. Loomis, John B., 1988. "Broadening The Concept And Measurements Of Existence Value," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 17(1), pages 1-7, April.
    4. Loureiro, Maria L. & Ribas, Alfonso & Lopez, Edelmiro & Ojea, Elena, 2006. "Estimated costs and admissible claims linked to the Prestige oil spill," Ecological Economics, Elsevier, vol. 59(1), pages 48-63, August.
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    Cited by:

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    2. George Halkos & Panagiotis Stavros Aslanidis & Angelos Plataniotis & Phoebe Koundouri, 2024. "Global insights on Sustainable Development Goal 14: Reviewing willingness-to-pay levels for marine ecosystem protection and conservation," DEOS Working Papers 2416, Athens University of Economics and Business.
    3. Menegaki, Angeliki, N. & Olsen, Søren Bøye & Tsagarakis, Konstantinos P., 2016. "Towards a common standard – A reporting checklist for web-based stated preference valuation surveys and a critique for mode surveys," Journal of choice modelling, Elsevier, vol. 18(C), pages 18-50.
    4. Lewis, David J. & Provencher, Bill & Beardmore, Ben, 2015. "Using an intervention framework to value salient ecosystem services in a stated preference experiment," Ecological Economics, Elsevier, vol. 114(C), pages 141-151.
    5. Valasiuk, Sviataslau & Czajkowski, Mikołaj & Giergiczny, Marek & Żylicz, Tomasz & Veisten, Knut & Mata, Iratxe Landa & Halse, Askill Harkjerr & Angelstam, Per, 2023. "Attitudinal drivers of home bias in public preferences for transboundary nature protected areas," Ecological Economics, Elsevier, vol. 208(C).
    6. León, Carmelo J. & Araña, Jorge E. & Hanemann, W. Michael & Riera, Pere, 2014. "Heterogeneity and emotions in the valuation of non-use damages caused by oil spills," Ecological Economics, Elsevier, vol. 97(C), pages 129-139.
    7. Haefele, Michelle A. & Loomis, John B. & Lien, Aaron M. & Dubovsky, James A. & Merideth, Robert W. & Bagstad, Kenneth J. & Huang, Ta-Ken & Mattsson, Brady J. & Semmens, Darius J. & Thogmartin, Wayne E, 2019. "Multi-country Willingness to Pay for Transborder Migratory Species Conservation: A Case Study of Northern Pintails," Ecological Economics, Elsevier, vol. 157(C), pages 321-331.

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