Authors
D Lazaridou, A Michailidis
Publication date
2020/7/3
Journal
International Journal of Sustainable Development & World Ecology
Volume
27
Issue
5
Pages
424-434
Publisher
Taylor & Francis
Description
The Water Framework Directive (WFD) explicitly acknowledges the role of economics in the process of achieving the water quality targets it sets. At the same time, stakeholder participation in water resources management is emphasized in the Directive. In this paper, we examine farmers’ willingness-to-pay (WTP) for ecological status improvement at a river basin scale. Based on a Contingent Valuation survey aims first to estimate the value farmers place on water quality improvement as it is envisaged by the WFD. Then through the use of different econometric models it was attempted to address zero responses and to find a robust estimate for the mean WTP. In a sample of more than 300 respondents, we found that 64.57% of them expressed zero responses. Further findings indicate that the mean values irrigators are willing to pay, for reaching the water quality targets set by the Directive, range between 11.5€/ha …
Total citations
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