Authors
Zsuzsanna Marjainé Szerényi, Ágnes Zsóka, Judit Rákosi
Publication date
2011
Journal
Environmental Management Accounting and Supply Chain Management
Pages
301-315
Publisher
Springer Netherlands
Description
Implementation of the Water Framework Directive entails several tasks for European Union member states including Hungary. One important issue is the estimation of economic benefits resulting from improvement of water quality and condition. Contingent valuation has been used in Hungary in two pilot areas: the natural river Túr and the artificial and less important Kállay Channel. Both areas can be found in the north-east of the country. Household willingness to pay for an improvement in the state of the water bodies is similar for both; most are ready to dedicate only a small proportion of their monthly income, equivalent to 0.5%. The relatively high proportion of zero offers can be mainly explained by the low level of income characteristic of the surveyed areas. The results of the survey can be used in a cost-benefit analysis to provide a basis for future programmes as well as coordinating international efforts …
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