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Bioeconomic modeling of wetlands and waterfowl in Western Canada: Accounting for amenity values

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  • van Kooten, G. Cornelis
  • Withey, Patrick
  • Wong, Linda

Abstract

This study extends an original bioeconomic model of optimal duck harvest and wetland retention by bringing in amenity values related to the nonmarket (in situ) benefits of waterfowl plsi the ecosystem values of wetlands themselves. The model maximizes benefits to hunters as well as the amenity values of ducks and ecosystem benefits of wetlands, subject to the population dynamics. Results indicate that wetlands and duck harvests need to be increased relative to historical levels. Further, the socially optimal ratio of duck harvest to wetlands is larger than what has been observed historically. Including amenity values leads to a significant increase in the quantity of wetlands and duck harvests relative to models that focus only on hunting values.

Suggested Citation

  • van Kooten, G. Cornelis & Withey, Patrick & Wong, Linda, 2010. "Bioeconomic modeling of wetlands and waterfowl in Western Canada: Accounting for amenity values," Working Papers 94936, University of Victoria, Resource Economics and Policy.
    • Handle: RePEc:ags:uvicwp:94936
    DOI: 10.22004/ag.econ.94936
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    Cited by:

    1. van Kooten, G. Cornelis & Withey, Patrick & Wong, Linda, 2011. "Climate Change Impacts on Waterfowl Habitat in Western Canada," Working Papers 107094, University of Victoria, Resource Economics and Policy.
    2. Krcmar, Emina & van Kooten, G. Cornelis & Chan-McLeod, Ann, 2010. "Waterfowl Harvest Benefits in Northern Aboriginal Communities and Potential Climate Change Impacts," Working Papers 94934, University of Victoria, Resource Economics and Policy.
    3. Patrick Withey & G. Cornelis van Kooten, 2011. "The Effect of Climate Change on Land Use and Wetlands Conservation in Western Canada: An Application of Positive Mathematical Programming," Working Papers 2011-04, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
    4. Withey, Patrick & van Kooten, G. Cornelis, 2011. "The Effect of Climate Change on Wetlands and Waterfowl in Western Canada: Incorporating Cropping Decisions into a Bioeconomic Model," Working Papers 117437, University of Victoria, Resource Economics and Policy.
    5. Wong, Linda & van Kooten, G. Cornelis & Clarke, Judith A., 2012. "The Impact of Agriculture on Waterfowl Abundance: Evidence from Panel Data," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 37(2), pages 1-14, August.
    6. Gallant, Kirsten & Withey, Patrick & Risk, Dave & van Kooten, G. Cornelis & Spafford, Lynsay, 2020. "Measurement and economic valuation of carbon sequestration in Nova Scotian wetlands," Ecological Economics, Elsevier, vol. 171(C).
    7. Kroetz, Kailin & Kuwayama, Yusuke & Vexler, Caroline, 2019. "What is a Fish Out of Water? The Economics Behind the Joint Management of Water Resources and Aquatic Species in the United States," RFF Working Paper Series 19-09, Resources for the Future.
    8. Hansen, LeRoy & Hellerstein, Daniel & Ribaudo, Marc & Williamson, James & Nulph, David & Loesch, Charles & Crumpton, William, 2015. "Targeting Investments To Cost Effectively Restore and Protect Wetland Ecosystems: Some Economic Insights," Economic Research Report 199283, United States Department of Agriculture, Economic Research Service.

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    More about this item

    Keywords

    Environmental Economics and Policy;

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water

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