IDEAS home Printed from https://ideas.repec.org/p/eei/rpaper/eeri_rp_2011_20.html
   My bibliography  Save this paper

Valuation of EU Agricultural Landscape

Author

Listed:
  • Pavel Ciaian
  • Sergio Gomez y Paloma

Abstract

The present paper provides a meta-analysis of agricultural landscape valuation studies and through the estimated benefit transfer function it projects the value of EU landscape. The analyses are based on information from more than thirty European and non-European studies which use a stated preference approach to uncover society's willingness to pay (WTP) for agricultural landscape. Our calculations show that, the WTP in the EU varies between 134 and 201 €/ha with an average value of 149 €/ha in 2009. Furthermore the calculations indicate that the total value of EU landscape in 2009 is estimated to be in the range of €24.5 – 36.6 billion per year, with an average of €27.1 billion, representing around 8 percent of the total value of EU agricultural production and roughly half of the CAP expenditures.

Suggested Citation

  • Pavel Ciaian & Sergio Gomez y Paloma, 2011. "Valuation of EU Agricultural Landscape," EERI Research Paper Series EERI_RP_2011_20, Economics and Econometrics Research Institute (EERI), Brussels.
    • Handle: RePEc:eei:rpaper:eeri_rp_2011_20
    as

    Download full text from publisher

    File URL: http://www.eeri.eu/documents/wp/EERI_RP_2011_20.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Marangon, Francesco & Visintin, Francesca, 2007. "Rural landscape valuation in a cross-border region," Cahiers d'Economie et de Sociologie Rurales (CESR), Institut National de la Recherche Agronomique (INRA), vol. 84.
    2. Moran, Dominic & McVittie, Alistair & Allcroft, David J. & Elston, David A., 2007. "Quantifying public preferences for agri-environmental policy in Scotland: A comparison of methods," Ecological Economics, Elsevier, vol. 63(1), pages 42-53, June.
    3. Pruckner, Gerald J, 1995. "Agricultural Landscape Cultivation in Austria: An Application of the CVM," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 22(2), pages 173-190.
    4. James Murphy & P. Allen & Thomas Stevens & Darryl Weatherhead, 2005. "A Meta-analysis of Hypothetical Bias in Stated Preference Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 30(3), pages 313-325, March.
    5. Ekin Birol & Phoebe Koundouri, 2008. "Choice Experiments Informing Environmental Policy:A European Perspective," DEOS Working Papers 0801, Athens University of Economics and Business.
    6. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
    7. Knut Per Hasund & Mitesh Kataria & Carl Johan Lagerkvist, 2011. "Valuing public goods of the agricultural landscape: a choice experiment using reference points to capture observable heterogeneity," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 54(1), pages 31-53.
    8. Danny Campbell & W. George Hutchinson & Riccardo Scarpa, 2006. "Lexicographic Preferences in Discrete Choice Experiments: Consequences on Individual-Specific Willingness to Pay Estimates," Working Papers 2006.128, Fondazione Eni Enrico Mattei.
    9. Douglas Noonan, 2003. "Contingent Valuation and Cultural Resources: A Meta-Analytic Review of the Literature," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 27(3), pages 159-176, November.
    10. Chen, Xi & Zhou, Bin & Zhong, Funing, 2010. "Do Consumers Really Care about Genetically Modified (GM) Food Label? What Do We Know? What Else Should We Know?," Journal of Economics and Econometrics, Economics and Econometrics Society, vol. 53(2), pages 32-56.
    11. Ekin Birol & Phoebe Koundouri (ed.), 2008. "Choice Experiments Informing Environmental Policy," Books, Edward Elgar Publishing, number 4102.
    12. Piroli, Giuseppe & Ciaian, Pavel & Kancs, d'Artis, 2012. "Land use change impacts of biofuels: Near-VAR evidence from the US," Ecological Economics, Elsevier, vol. 84(C), pages 98-109.
    13. Lindhjem, Henrik, 2007. "20 years of stated preference valuation of non-timber benefits from Fennoscandian forests: A meta-analysis," Journal of Forest Economics, Elsevier, vol. 12(4), pages 251-277, February.
    14. Marangon, Francesco & Troiano, Stefania & Visintin, F., 2008. "The economic value of olive plantation in rural areas. A study on a hill region between Italy and Slovenia," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44412, European Association of Agricultural Economists.
    15. Villa, Ferdinando & Wilson, Matthew A. & de Groot, Rudolf & Farber, Steven & Costanza, Robert & Boumans, Roelof M. J., 2002. "Designing an integrated knowledge base to support ecosystem services valuation," Ecological Economics, Elsevier, vol. 41(3), pages 445-456, June.
    16. Schlapfer, Felix, 2006. "Survey protocol and income effects in the contingent valuation of public goods: A meta-analysis," Ecological Economics, Elsevier, vol. 57(3), pages 415-429, May.
    17. Meyerhoff, Jürgen & Liebe, Ulf, 2010. "Determinants of protest responses in environmental valuation: A meta-study," Ecological Economics, Elsevier, vol. 70(2), pages 366-374, December.
    18. Danny Campbell & W. George Hutchinson & Riccardo Scarpa, 2006. "Lexicographic Preferences in Discrete Choice Experiments: Consequences on Individual-Specific Willingness to Pay Estimates," Working Papers 2006.128, Fondazione Eni Enrico Mattei.
    19. Hoehn, John P & Randall, Alan, 1989. "Too Many Proposals Pass the Benefit Cost Test," American Economic Review, American Economic Association, vol. 79(3), pages 544-551, June.
    20. V. Smith & Subhrendu Pattanayak, 2002. "Is Meta-Analysis a Noah's Ark for Non-Market Valuation?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 22(1), pages 271-296, June.
    21. Borresch, Rene & Maas, Sarah & Schmitz, Kim & Schmitz, P. Michael, 2009. "Modelling the value of a multifunctional landscape – A discrete choice experiment," 2009 Conference, August 16-22, 2009, Beijing, China 51641, International Association of Agricultural Economists.
    22. Rosenberger, Randall S. & Walsh, Richard G., 1997. "Nonmarket Value Of Western Valley Ranchland Using Contingent Valuation," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(2), pages 1-14, December.
    23. Mary Jo Kealy & Robert W. Turner, 1993. "A Test of the Equality of Closed-Ended and Open-Ended Contingent Valuations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(2), pages 321-331.
    24. Russ Kashian & Mark Skidmore, 2002. "Preserving Agricultural Land via Property Assessment Policy and the Willingness to Pay for Land Preservation," Economic Development Quarterly, , vol. 16(1), pages 75-87, February.
    25. Yrjola, Tapani & Kola, Jukka, 2004. "Consumer Preferences Regarding Multifunctional Agriculture," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 7(2), pages 1-13.
    26. d’Artis Kancs & Gerald Weber, 2001. "Modelling Agricultural Policies in the CEE Accession Countries," EERI Research Paper Series EERI_RP_2001_02, Economics and Econometrics Research Institute (EERI), Brussels.
    27. V. Kerry Smith & Yoshiaki Kaoru, 1990. "Signals or Noise? Explaining the Variation in Recreation Benefit Estimates," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(2), pages 419-433.
    28. Schlapfer, Felix & Roschewitz, Anna & Hanley, Nick, 2004. "Validation of stated preferences for public goods: a comparison of contingent valuation survey response and voting behaviour," Ecological Economics, Elsevier, vol. 51(1-2), pages 1-16, November.
    29. Zein Kallas & José A. Gómez‐Limón & Jesús Barreiro Hurlé, 2007. "Decomposing the Value of Agricultural Multifunctionality: Combining Contingent Valuation and the Analytical Hierarchy Process," Journal of Agricultural Economics, Wiley Blackwell, vol. 58(2), pages 218-241, June.
    30. Bowker, James Michael & Didychuk, D.D., 1994. "Estimation Of The Nonmarket Benefits Of Agricultural Land Retention In Eastern Canada," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 23(2), pages 1-8, October.
    31. Rosenberger, Randy & Loomis, John & Shrestha, Ram, 1999. "Meta-Analysis of Outdoor Recreational Use Value Estimates: Convergent Validity Tests," Western Region Archives 321710, Western Region - Western Extension Directors Association (WEDA).
    32. Nick Hanley & Douglas MacMillan & Robert E. Wright & Craig Bullock & Ian Simpson & Dave Parsisson & Bob Crabtree, 1998. "Contingent Valuation Versus Choice Experiments: Estimating the Benefits of Environmentally Sensitive Areas in Scotland," Journal of Agricultural Economics, Wiley Blackwell, vol. 49(1), pages 1-15, March.
    33. Smith, V Kerry & Huang, Ju-Chin, 1995. "Can Markets Value Air Quality? A Meta-analysis of Hedonic Property Value Models," Journal of Political Economy, University of Chicago Press, vol. 103(1), pages 209-227, February.
    34. Bowker, J.M. & Didychuk, D.D., 1994. "Estimation of the Nonmarket Benefits of Agricultural Land Retention in Eastern Canada," Agricultural and Resource Economics Review, Cambridge University Press, vol. 23(2), pages 218-225, October.
    35. Peter Kennedy, 2003. "A Guide to Econometrics, 5th Edition," MIT Press Books, The MIT Press, edition 5, volume 1, number 026261183x, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pavel, Ciaian & Gomez y Paloma, Sergio, 2011. "The Value of EU Agricultural Landscape," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 102727, Agricultural and Applied Economics Association.
    2. Jette Jacobsen & Nick Hanley, 2009. "Are There Income Effects on Global Willingness to Pay for Biodiversity Conservation?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 43(2), pages 137-160, June.
    3. Mahieu, Pierre-Alexandre & Andersson, Henrik & Beaumais, Olivier & Crastes dit Sourd, Romain & Hess, François-Charles & Wolff, François-Charles, 2017. "Stated preferences: a unique database composed of 1657 recent published articles in journals related to agriculture, environment, or health," Review of Agricultural, Food and Environmental Studies, Institut National de la Recherche Agronomique (INRA), vol. 98(3), November.
    4. Baker, Rick & Ruting, Brad, 2014. "Environmental Policy Analysis: A Guide to Non‑Market Valuation," 2014 Conference (58th), February 4-7, 2014, Port Macquarie, Australia 165810, Australian Agricultural and Resource Economics Society.
    5. John C. Bergstrom & Richard C. Ready, 2009. "What Have We Learned from Over 20 Years of Farmland Amenity Valuation Research in North America?," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 31(1), pages 21-49.
    6. Barrio, Melina & Loureiro, Maria L., 2010. "A meta-analysis of contingent valuation forest studies," Ecological Economics, Elsevier, vol. 69(5), pages 1023-1030, March.
    7. Lindhjem, Henrik, 2007. "20 years of stated preference valuation of non-timber benefits from Fennoscandian forests: A meta-analysis," Journal of Forest Economics, Elsevier, vol. 12(4), pages 251-277, February.
    8. Ahtiainen, Heini & Pouta, Eija & Liski, Eero & Assmuth, Aino & Myyrä, Sami, 2014. "The importance of agricultural objectives – summary of studies," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182792, European Association of Agricultural Economists.
    9. Rosenberger, Randall S. & Stanley, Tom D., 2006. "Measurement, generalization, and publication: Sources of error in benefit transfers and their management," Ecological Economics, Elsevier, vol. 60(2), pages 372-378, December.
    10. Rosenberger, Randall S. & Loomis, John B. & Shrestha, Ram K., 1999. "Panel Stratification In Meta-Analysis Of Environmental And Natural Resource Economic Studies," 1999 Annual Meeting, July 11-14, 1999, Fargo, ND 35705, Western Agricultural Economics Association.
    11. Bergstrom, John C. & Taylor, Laura O., 2006. "Using meta-analysis for benefits transfer: Theory and practice," Ecological Economics, Elsevier, vol. 60(2), pages 351-360, December.
    12. Zandersen, Marianne & Tol, Richard S.J., 2009. "A meta-analysis of forest recreation values in Europe," Journal of Forest Economics, Elsevier, vol. 15(1-2), pages 109-130, January.
    13. Bergstrom, John, 1999. "Exploring and Expanding the Landscape Values Terrain," Western Region Archives 321704, Western Region - Western Extension Directors Association (WEDA).
    14. Bergstrom, John C., 1998. "Exploring And Expanding The Landscape Values Terrain," Faculty Series 16653, University of Georgia, Department of Agricultural and Applied Economics.
    15. Mamine, Fateh & Fares, M'hand & Minviel, Jean Joseph, 2020. "Contract Design for Adoption of Agrienvironmental Practices: A Meta-analysis of Discrete Choice Experiments," Ecological Economics, Elsevier, vol. 176(C).
    16. Hailu, Yohannes G. & Brown, Cheryl, 2007. "Regional Growth Impacts on Agricultural Land Development: A Spatial Model for Three States," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 36(1), pages 1-15, April.
    17. Lynch, Lori & Duke, Joshua M., 2007. "Economic Benefits of Farmland Preservation: Evidence from the United States," Working Papers 7342, University of Maryland, Department of Agricultural and Resource Economics.
    18. Brander, Luke M. & Ghermandi, Andrea & Kuik, Onno & Markandya, Anil & Nunes, Paulo A.L.D. & Schaafsma, Marije & Wagtendonk, Alfred, 2010. "Scaling up Ecosystem Services Values: Methodology, Applicability and a Case Study," Sustainable Development Papers 60689, Fondazione Eni Enrico Mattei (FEEM).
    19. Shuang Liu & David I Stern, 2008. "A Meta-Analysis of Contingent Valuation Studies in Coastal and Near-Shore Marine Ecosystems," Socio-Economics and the Environment in Discussion (SEED) Working Paper Series 2008-15, CSIRO Sustainable Ecosystems.
    20. Bergstrom, John C., 2001. "Postproductivism And Rural Land Values," Faculty Series 16689, University of Georgia, Department of Agricultural and Applied Economics.

    More about this item

    Keywords

    Agricultural landscape; valuation; willingness to pay; meta-analysis; benefit transfer.;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eei:rpaper:eeri_rp_2011_20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Julia van Hove (email available below). General contact details of provider: https://edirc.repec.org/data/eeriibe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.