Valuing Global Public Goods : A European Delphi Stated Preference Survey of Population Willingness to Pay for Amazon Rainforest Preservation

The Amazon Rainforest is a global public good. As such, and given that 15 percent of the original Amazon forest area has already been lost, households worldwide might be willing to pay to reduce or avoid additional losses. A full elicitation of glo...

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Main Authors: Navrud, Ståle, Strand, Jon
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
AIR
CO
GDP
PP
WTP
Online Access:http://documents.worldbank.org/curated/en/2013/10/18347722/valuing-global-public-goods-european-delphi-stated-preference-survey-population-willingness-pay-amazon-rainforest-preservation
http://hdl.handle.net/10986/16854
id okr-10986-16854
recordtype oai_dc
spelling okr-10986-168542021-04-23T14:03:32Z Valuing Global Public Goods : A European Delphi Stated Preference Survey of Population Willingness to Pay for Amazon Rainforest Preservation Navrud, Ståle Strand, Jon AIR AIR POLLUTION AMAZON BASIN AMAZON FOREST AMAZON RAINFOREST ANIMALS BENEFIT ANALYSIS BIODIVERSITY BIODIVERSITY VALUE BIOMASS BIRDS CALCULATION CARBON CARBON EMISSIONS CARBON SEQUESTRATION CARBON STORAGE CATTLE CLIMATE CO CONTINGENT VALUATION CONTINGENT VALUATION METHOD CORRECTION FACTOR COST ANALYSIS COUNTRY OF ORIGIN CULTURAL HERITAGE DEFORESTATION DENSE FOREST DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DICHOTOMOUS CHOICE ECOLOGICAL ECONOMICS ECONOMIC LOSS ECONOMIC RESOURCES ECONOMIC VALUE ECONOMICS ECOSYSTEM ELASTICITIES ELASTICITY EMPIRICAL STUDIES ENVIRONMENTAL ENVIRONMENTAL CONSERVATION ENVIRONMENTAL ECONOMICS ENVIRONMENTAL ECONOMISTS ENVIRONMENTAL GOODS ENVIRONMENTAL POLICY ENVIRONMENTAL VALUATION ENVIRONMENTAL VALUE ENVIRONMENTAL VALUES EXCHANGE RATES EXPENDITURES EXTINCTION FERTILITY FOOD SECURITY FOREST AREA FOREST LOSS FOREST LOSSES FRESH WATER GDP GDP PER CAPITA GLOBAL CARBON EMISSIONS GLOBAL POPULATION HEDONIC PRICING HOME COUNTRIES ILLNESS INCOME LEVELS INDIGENOUS PEOPLE ISSUES LAND ECONOMICS LOCAL POPULATION LOGS LOSS OF FOREST LOW-INCOME COUNTRIES MAMMAL SPECIES NATIONAL INCOME NATIONAL PARKS NATIONAL POPULATION NATIONAL POPULATIONS NATURAL RESOURCE NON-USE VALUES OPTION VALUE OXYGEN PASSIVE USE PATERNITY LEAVE POLICY DISCUSSIONS POLICY IMPLICATIONS POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLLUTION LEVELS POPULATION STUDIES POPULATION SURVEY POPULATION SURVEYS PP PRACTITIONERS PRICE LEVELS PROGRESS PUBLIC GOOD PUBLIC GOODS PURCHASING POWER PURCHASING POWER PARITY RAIN RAIN FOREST RAINFORESTS REAL INCOME RECREATION RESPECT SOCIAL COSTS SPECIES SPECIES OF PLANTS STATISTICAL ANALYSIS SURVEY INSTRUMENT SURVEY METHODS TIMBER TIMBER EXTRACTION TOTAL ECONOMIC VALUE TOURISM TRANSPORTATION TREES TROPICAL RAIN FORESTS TROPICAL RAINFORESTS USE VALUE WELFARE GAINS WILLINGNESS TO PAY WTP The Amazon Rainforest is a global public good. As such, and given that 15 percent of the original Amazon forest area has already been lost, households worldwide might be willing to pay to reduce or avoid additional losses. A full elicitation of global preferences for valuing preservation of the current forest, using stated-preference population surveys, would be costly and time consuming. Alternatively, this paper uses a Delphi stated-preference technique in which 48 European environmental valuation experts were asked to provide "best guesses" on the possible outcomes of population surveys in their own countries and Europe as a whole. The expert judgments indicate willingness to pay in Europe for preserving the current Amazon Rainforest of about 28 Euro per household per year on average; a slightly lower value is inferred for a plan that allows a 10 percent future reduction from the current rainforest area. The income elasticity of experts' stated willingness to pay with respect to per-capita income in their own countries is in the range 0.5-0.8. These findings indicate that Delphi studies might be used more widely as a tool for global benefit transfer. 2014-02-04T16:28:51Z 2014-02-04T16:28:51Z 2013-10 http://documents.worldbank.org/curated/en/2013/10/18347722/valuing-global-public-goods-european-delphi-stated-preference-survey-population-willingness-pay-amazon-rainforest-preservation http://hdl.handle.net/10986/16854 English en_US Policy Research Working Paper;No. 6637 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AIR
AIR POLLUTION
AMAZON BASIN
AMAZON FOREST
AMAZON RAINFOREST
ANIMALS
BENEFIT ANALYSIS
BIODIVERSITY
BIODIVERSITY VALUE
BIOMASS
BIRDS
CALCULATION
CARBON
CARBON EMISSIONS
CARBON SEQUESTRATION
CARBON STORAGE
CATTLE
CLIMATE
CO
CONTINGENT VALUATION
CONTINGENT VALUATION METHOD
CORRECTION FACTOR
COST ANALYSIS
COUNTRY OF ORIGIN
CULTURAL HERITAGE
DEFORESTATION
DENSE FOREST
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DICHOTOMOUS CHOICE
ECOLOGICAL ECONOMICS
ECONOMIC LOSS
ECONOMIC RESOURCES
ECONOMIC VALUE
ECONOMICS
ECOSYSTEM
ELASTICITIES
ELASTICITY
EMPIRICAL STUDIES
ENVIRONMENTAL
ENVIRONMENTAL CONSERVATION
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL ECONOMISTS
ENVIRONMENTAL GOODS
ENVIRONMENTAL POLICY
ENVIRONMENTAL VALUATION
ENVIRONMENTAL VALUE
ENVIRONMENTAL VALUES
EXCHANGE RATES
EXPENDITURES
EXTINCTION
FERTILITY
FOOD SECURITY
FOREST AREA
FOREST LOSS
FOREST LOSSES
FRESH WATER
GDP
GDP PER CAPITA
GLOBAL CARBON EMISSIONS
GLOBAL POPULATION
HEDONIC PRICING
HOME COUNTRIES
ILLNESS
INCOME LEVELS
INDIGENOUS PEOPLE
ISSUES
LAND ECONOMICS
LOCAL POPULATION
LOGS
LOSS OF FOREST
LOW-INCOME COUNTRIES
MAMMAL SPECIES
NATIONAL INCOME
NATIONAL PARKS
NATIONAL POPULATION
NATIONAL POPULATIONS
NATURAL RESOURCE
NON-USE VALUES
OPTION VALUE
OXYGEN
PASSIVE USE
PATERNITY LEAVE
POLICY DISCUSSIONS
POLICY IMPLICATIONS
POLICY MAKERS
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
POLLUTION LEVELS
POPULATION STUDIES
POPULATION SURVEY
POPULATION SURVEYS
PP
PRACTITIONERS
PRICE LEVELS
PROGRESS
PUBLIC GOOD
PUBLIC GOODS
PURCHASING POWER
PURCHASING POWER PARITY
RAIN
RAIN FOREST
RAINFORESTS
REAL INCOME
RECREATION
RESPECT
SOCIAL COSTS
SPECIES
SPECIES OF PLANTS
STATISTICAL ANALYSIS
SURVEY INSTRUMENT
SURVEY METHODS
TIMBER
TIMBER EXTRACTION
TOTAL ECONOMIC VALUE
TOURISM
TRANSPORTATION
TREES
TROPICAL RAIN FORESTS
TROPICAL RAINFORESTS
USE VALUE
WELFARE GAINS
WILLINGNESS TO PAY
WTP
spellingShingle AIR
AIR POLLUTION
AMAZON BASIN
AMAZON FOREST
AMAZON RAINFOREST
ANIMALS
BENEFIT ANALYSIS
BIODIVERSITY
BIODIVERSITY VALUE
BIOMASS
BIRDS
CALCULATION
CARBON
CARBON EMISSIONS
CARBON SEQUESTRATION
CARBON STORAGE
CATTLE
CLIMATE
CO
CONTINGENT VALUATION
CONTINGENT VALUATION METHOD
CORRECTION FACTOR
COST ANALYSIS
COUNTRY OF ORIGIN
CULTURAL HERITAGE
DEFORESTATION
DENSE FOREST
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DICHOTOMOUS CHOICE
ECOLOGICAL ECONOMICS
ECONOMIC LOSS
ECONOMIC RESOURCES
ECONOMIC VALUE
ECONOMICS
ECOSYSTEM
ELASTICITIES
ELASTICITY
EMPIRICAL STUDIES
ENVIRONMENTAL
ENVIRONMENTAL CONSERVATION
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL ECONOMISTS
ENVIRONMENTAL GOODS
ENVIRONMENTAL POLICY
ENVIRONMENTAL VALUATION
ENVIRONMENTAL VALUE
ENVIRONMENTAL VALUES
EXCHANGE RATES
EXPENDITURES
EXTINCTION
FERTILITY
FOOD SECURITY
FOREST AREA
FOREST LOSS
FOREST LOSSES
FRESH WATER
GDP
GDP PER CAPITA
GLOBAL CARBON EMISSIONS
GLOBAL POPULATION
HEDONIC PRICING
HOME COUNTRIES
ILLNESS
INCOME LEVELS
INDIGENOUS PEOPLE
ISSUES
LAND ECONOMICS
LOCAL POPULATION
LOGS
LOSS OF FOREST
LOW-INCOME COUNTRIES
MAMMAL SPECIES
NATIONAL INCOME
NATIONAL PARKS
NATIONAL POPULATION
NATIONAL POPULATIONS
NATURAL RESOURCE
NON-USE VALUES
OPTION VALUE
OXYGEN
PASSIVE USE
PATERNITY LEAVE
POLICY DISCUSSIONS
POLICY IMPLICATIONS
POLICY MAKERS
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
POLLUTION LEVELS
POPULATION STUDIES
POPULATION SURVEY
POPULATION SURVEYS
PP
PRACTITIONERS
PRICE LEVELS
PROGRESS
PUBLIC GOOD
PUBLIC GOODS
PURCHASING POWER
PURCHASING POWER PARITY
RAIN
RAIN FOREST
RAINFORESTS
REAL INCOME
RECREATION
RESPECT
SOCIAL COSTS
SPECIES
SPECIES OF PLANTS
STATISTICAL ANALYSIS
SURVEY INSTRUMENT
SURVEY METHODS
TIMBER
TIMBER EXTRACTION
TOTAL ECONOMIC VALUE
TOURISM
TRANSPORTATION
TREES
TROPICAL RAIN FORESTS
TROPICAL RAINFORESTS
USE VALUE
WELFARE GAINS
WILLINGNESS TO PAY
WTP
Navrud, Ståle
Strand, Jon
Valuing Global Public Goods : A European Delphi Stated Preference Survey of Population Willingness to Pay for Amazon Rainforest Preservation
geographic_facet Latin America & Caribbean
relation Policy Research Working Paper;No. 6637
description The Amazon Rainforest is a global public good. As such, and given that 15 percent of the original Amazon forest area has already been lost, households worldwide might be willing to pay to reduce or avoid additional losses. A full elicitation of global preferences for valuing preservation of the current forest, using stated-preference population surveys, would be costly and time consuming. Alternatively, this paper uses a Delphi stated-preference technique in which 48 European environmental valuation experts were asked to provide "best guesses" on the possible outcomes of population surveys in their own countries and Europe as a whole. The expert judgments indicate willingness to pay in Europe for preserving the current Amazon Rainforest of about 28 Euro per household per year on average; a slightly lower value is inferred for a plan that allows a 10 percent future reduction from the current rainforest area. The income elasticity of experts' stated willingness to pay with respect to per-capita income in their own countries is in the range 0.5-0.8. These findings indicate that Delphi studies might be used more widely as a tool for global benefit transfer.
format Publications & Research :: Policy Research Working Paper
author Navrud, Ståle
Strand, Jon
author_facet Navrud, Ståle
Strand, Jon
author_sort Navrud, Ståle
title Valuing Global Public Goods : A European Delphi Stated Preference Survey of Population Willingness to Pay for Amazon Rainforest Preservation
title_short Valuing Global Public Goods : A European Delphi Stated Preference Survey of Population Willingness to Pay for Amazon Rainforest Preservation
title_full Valuing Global Public Goods : A European Delphi Stated Preference Survey of Population Willingness to Pay for Amazon Rainforest Preservation
title_fullStr Valuing Global Public Goods : A European Delphi Stated Preference Survey of Population Willingness to Pay for Amazon Rainforest Preservation
title_full_unstemmed Valuing Global Public Goods : A European Delphi Stated Preference Survey of Population Willingness to Pay for Amazon Rainforest Preservation
title_sort valuing global public goods : a european delphi stated preference survey of population willingness to pay for amazon rainforest preservation
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2013/10/18347722/valuing-global-public-goods-european-delphi-stated-preference-survey-population-willingness-pay-amazon-rainforest-preservation
http://hdl.handle.net/10986/16854
_version_ 1764434705669685248