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      10Scopus© Citations 13
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      6Scopus© Citations 33
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    A Business Case for Marine Protected Areas: Economic Valuation of the Reef Attributes of Cozumel Island
    (2021)
    José Alberto Lara-Pulido
    ;
    Ángela Mojica
    ;
    Aaron Bruner
    ;
    Alejandro Guevara-Sanginés
    ;
    Cecilia Simon
    <jats:p>Tourism to Cozumel Island generates USD 762 million annually in local economic activity, and 111 visitors stay in local hotels for each inhabitant. The island’s coast is its principal attraction, yet water quality and reef health are threatened. This paper studies the link between the local economy and management of Arrecifes de Cozumel National Park, using a choice experiment to assess the economic value visitors assign to underwater visibility, biodiversity, and visitor congestion in reef areas. We found that, on average, tourists are willing to pay USD 190 per visit to avoid a projected decrease in biodiversity, USD 120 per visit to prevent a projected decline in visibility, and USD 98 to avoid high congestion during reef visits. We find high heterogeneity in willingness to pay estimates, which may be useful for targeting both conservation and marketing efforts. On the other hand, increasing the reef access fee from USD 2 to USD 6 could fully fund effective protected area management, with no substantial effect on visitors’ consumer surplus. Results suggest that a conservation surcharge could be added to all tours, with little impact on visitation, and that significantly increasing private sector collaboration and government spending on conservation would be good economic choices.</jats:p>
      5Scopus© Citations 17
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    Payment for Ecosystem Services in the Bolivian Sub-Andean Humid Forest
    (2016)
    VÁSQUEZ LAVÍN , FELIPE ANTONIO  
    ;
    Veronica Ibarnegaray
    ;
    PONCE OLIVA, ROBERTO DANIEL  
    ;
    José Hernández Hernández
    <jats:p> The adoption of good practices for the economic valuation of environmental services (ES) has strong implications in the evaluation and design of a Payment for Environmental Services program. People’s willingness to pay for an ES is useful to evaluate whether money collected from users will be enough to cover both the providers’ opportunity costs and other costs generated by the institutional arrangements required for implementation. In this article, we use a numerical certainty scale to adjust answers to a valuation question aiming to correct for hypothetical bias associated with stated preference methods. Following this approach, the mean willingness to pay decreases by approximately 70%. Values that are more conservative could assure greater political and social support for the program because more ES users would want to participate in the program; simultaneously, however, it might suggest that the project is not completely funded. </jats:p>
    Scopus© Citations 6  3