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Valuing Complex Natural Resource Systems

The Case of the Lagoon of Venice

9781845428471 Edward Elgar Publishing

The Fondazione Eni Enrico Mattei series on Economics, the Environment and Sustainable Development

Edited by Anna Alberini, Associate Professor, Department of Agricultural and Resource Economics, University of Maryland, College Park, US, Paolo Rosato, Department of Civil Engineering, University of Trieste and Fondazione Eni Enrico Mattei, Italy and Margherita Turvani, Department of Planning, University IUAV and School for Advanced Studies in Venice Foundation, Italy

Publication Date: 2006 ISBN: 978 1 84542 847 1 Extent: 240 pp

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In complex natural resource systems, modifications or disruptions tend to affect many and diverse components of the ecological system, settlements and groups of people. This book uses the Lagoon of Venice – a unique natural resource, wildlife habitat, centre of cultural heritage and recreational site – as an example of one such system that has been heavily affected by human activities, including the harvesting of natural resources and industrial production. The contributors explore the Lagoon’s potential for regeneration, examining public policies currently under consideration. The aim of these policies is to restore island coastlines and marshes, fish stocks, habitat and environmental quality, defend morphology and landscape through the strict control of fishing practices, and to protect the islands from high tides.

Various market and non-market approaches placing a monetary value on environmental quality changes are then analysed by the contributors. They offer novel and creative applications of non-market valuation techniques for the Lagoon, and even outline the trade-offs that Lagoon users and parties interested in redeveloping contaminated sites are prepared to make between their own profits and policy offerings or demands.

This unique and fascinating book will strongly appeal to students, researchers and academics with an interest in natural resources valuation and management, environmental economics and applied benefit–cost analysis.

Contributors

Contributors: A. Alberini, M. Breil, A. de Blaeij, E. Defrancesco, A. Fassio, C. Giupponi, A. Longo, P.A.L.D. Nunes, P. Rosato, L. Rossetto, S. Tonin, F. Trombetta, M. Turvani, V. Zanatta

Contents

Contents:

Foreword

Introduction

PART I: NON-MARKET VALUATION METHODS
1. Valuing Environmental Resources Using Stated Preferences
Anna Alberini and Alberto Longo

2. Recreational Demand, Travel Cost Method and Flow Fixed Costs
Edi Defrancesco and Paolo Rosato

3. The Appraisal Approach to Valuing Environment Resources
Edi Defrancesco, Paolo Rosato and Luca Rossetto

PART II: APPLICATIONS OF NON-MARKET VALUATION METHODS IN THE LAGOON OF VENICE
4. Using Contingent Valuation to Value the Island of S. Erasmo in the Lagoon of Venice
Anna Alberini, Paolo Rosato, Alberto Longo and Valentina Zanatta

5. Evaluation of Urban Improvement on the Islands of the Venice Lagoon: A Spatially-Distributed Hedonic–Hierarchical Approach
Paolo Rosato, Carlo Giupponi, Margherita Breil and Anita Fassio

6. Valuing the Implementation Costs of Ecosystem Friendly Clam Fishing Practices in the Venice Lagoon: Results from a Conjoint Choice Survey
Paulo A.L.D. Nunes, Luca Rossetto and Arianne de Blaeij

7. The Value of Recreational Sport Fishing in the Lagoon of Venice
Valentina Zanatta, Anna Alberini, Paolo Rosato and Alberto Longo

PART III: ASSESSING REMEDIATION OPTIONS AND POLICIES FOR CONTAMINATED SITES IN THE VENICE AREA
8. What is the Value of Brownfields? A Review of Possible Approaches
Stefania Tonin

9. Developer Preferences for Brownfield Policies
Anna Alberini, Alberto Longo, Stefania Tonin, Francesco Trombetta and Margherita Turvani

10. Governing Environmental Restoration: Institutions and Industrial Site Clean-ups
Francesco Trombetta and Margherita Turvani

Index