A European Perspective
- New Horizons in Environmental Economics series
Edited by Ekin Birol and Phoebe Koundouri
14. Concluding remarks and future directions Ekin Birol and Phoebe Koundouri SUMMARY OF THE CHAPTERS This book has gathered the most recent state-of-the art choice experiment studies undertaken in various Europe Union (EU) countries, with the aim of revealing the wealth, diversity, quality and usefulness of choice experiment applications for informing environmental policy in Europe. To this end, case studies are presented covering a wide geographical area, from Greece to Ireland and from Finland to Spain, on a broad array of environmental, agricultural and natural resource issues, ranging from landscapes, biodiversity, cultural heritage, noise pollution, forests and water resources to food labelling. The values of several important attributes of these resources are captured as they accrue to various stakeholders, including local residents, the national public, tourists, visitors and food consumers. Furthermore, the implications of the value estimate results of these applications are discussed for informing the eﬃcient, eﬀective and equitable design, implementation and adaptation of various EU-level regulations, directives, schemes and plans related to environmental, agricultural and natural resources. Among the various EU policies that chapters of this volume inform are the EU Forest Action Plan, the Agri-Environmental Regulation, the Water Framework Directive, the Habitats Directive, the Food Labelling Directives and the Environmental Noise Directive, to name a few. Chapter 2 presented a thorough review of choice experiment applications to the valuation of environmental, agricultural and natural resources in EU countries. This chapter, which has brought the reader up to date with the current status of the choice...
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