Jill Windle, John Rolfe, Davide Viaggi, Roy Brouwer, Manuel Pulido-Velazquez, Laura Sardonini, Joaquín Andreu, M. Skourtos, Meri Raggi, Areti Kontogianni, Julia Martin-Ortega, Thijs Dekker, Brouwer, Roy, Martin-Ortega, Julia, Dekker, Thij, Sardonini, Laura, Andreu, Joaquin, Kontogianni, Areti, Skourtos, Michali, Raggi, Meri, Viaggi, Davide, Pulido-Velazquez, Manuel, Rolfe, John, Windle, Jill, Environmental Economics, and Amsterdam Global Change Institute
This study tests the transferability of the nonmarket values of water conservation for domestic and environmental purposes across three south European countries and Australia applying a common choice experiment design. Different approaches are followed to test the transferability of the estimated values, aiming to minimise transfer errors for use in policy analysis, comparing both single- and multicountry transfers, with and without socio-economic adjustments. Within Europe, significant differences are found between implicit prices for environmental water use, but not for domestic water use. In the Australian case study, alleviating restrictions on domestic water use has no significant value. Pooling the three European samples improves the transferability of the environmental flow values between Europe and Australia. Results show that a reduction in transfer error is achieved when controlling for unobserved and observed preference heterogeneity in the single- and multicountry transfers, providing additional support for the superiority of socio-economic adjustment procedures in value transfer., This study was carried out as part of the European Directorate-General Research Framework Programme 6 funded project AquaMoney (SSPI-022723). This article has been processed and accepted for publication under the previous editorial team of Allan Rae, Ross Cullen and Geoff Kerr.