Valuing drought impact mitigation on ecosystem services in a Mediterranean country

Drought is a complex natural hazard increasing in frequency, duration, and severity worldwide. Although droughts cause both market and non-market impacts, the latter suffers from a dearth of economic studies quantifying their magnitude. In this paper, we investigated how droughts affect selected eco...

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Autores: Farizo, Begoña A., Sevilla-Callejo, Miguel, Soliño, Mario, Vicente-Serrano, Sergio M., López-Moreno, Juan I., Lázaro-Alquézar, Angelina, Murphy, Conor, Grainger, Sam, Conradt, Tobias, Jin, Hongxiao, Boincean, Boris
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2024
País:España
Institución:Universidad de Zaragoza
Repositorio:Zaguán. Repositorio Digital de la Universidad de Zaragoza
OAI Identifier:oai:zaguan.unizar.es:147770
Acceso en línea:http://zaguan.unizar.es/record/147770
Access Level:acceso abierto
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spelling Valuing drought impact mitigation on ecosystem services in a Mediterranean countryFarizo, Begoña A.Sevilla-Callejo, MiguelSoliño, MarioVicente-Serrano, Sergio M.López-Moreno, Juan I.Lázaro-Alquézar, AngelinaMurphy, ConorGrainger, SamConradt, TobiasJin, HongxiaoBoincean, BorisDrought is a complex natural hazard increasing in frequency, duration, and severity worldwide. Although droughts cause both market and non-market impacts, the latter suffers from a dearth of economic studies quantifying their magnitude. In this paper, we investigated how droughts affect selected ecosystem services expected to result in welfare losses in Spain. This study is aimed at quantifying and simulating societal losses given the expected potential increase in drought severity in the coming decades. We estimated a Discrete Choice Latent Class Model by which we distinguished three broad classes of individuals. The common behavior across all classes is that people consistently choose to avoid the negative effects of droughts. However, there are substantial differences among the three classes; while class 1 chooses options regardless of cost, even when selecting the most expensive ones, the other two classes account for the size of the payment. Moreover, health and water use restrictions have been decisive factors in individuals' choices. We have also observed that the perception of climate change is related to individual decisions. We quantified the enormous damage drought causes to societal well-being. Policymakers should take this information into account when addressing the increasing likelihood of extreme weather events.2024info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttp://zaguan.unizar.es/record/147770reponame:Zaguán. Repositorio Digital de la Universidad de Zaragozainstname:Universidad de ZaragozaInglésinfo:eu-repo/grantAgreement/ES/MICINN-FEDER/PCI2019-103631info:eu-repo/semantics/openAccessoai:zaguan.unizar.es:1477702026-05-29T13:59:51Z
dc.title.none.fl_str_mv Valuing drought impact mitigation on ecosystem services in a Mediterranean country
title Valuing drought impact mitigation on ecosystem services in a Mediterranean country
spellingShingle Valuing drought impact mitigation on ecosystem services in a Mediterranean country
Farizo, Begoña A.
title_short Valuing drought impact mitigation on ecosystem services in a Mediterranean country
title_full Valuing drought impact mitigation on ecosystem services in a Mediterranean country
title_fullStr Valuing drought impact mitigation on ecosystem services in a Mediterranean country
title_full_unstemmed Valuing drought impact mitigation on ecosystem services in a Mediterranean country
title_sort Valuing drought impact mitigation on ecosystem services in a Mediterranean country
dc.creator.none.fl_str_mv Farizo, Begoña A.
Sevilla-Callejo, Miguel
Soliño, Mario
Vicente-Serrano, Sergio M.
López-Moreno, Juan I.
Lázaro-Alquézar, Angelina
Murphy, Conor
Grainger, Sam
Conradt, Tobias
Jin, Hongxiao
Boincean, Boris
author Farizo, Begoña A.
author_facet Farizo, Begoña A.
Sevilla-Callejo, Miguel
Soliño, Mario
Vicente-Serrano, Sergio M.
López-Moreno, Juan I.
Lázaro-Alquézar, Angelina
Murphy, Conor
Grainger, Sam
Conradt, Tobias
Jin, Hongxiao
Boincean, Boris
author_role author
author2 Sevilla-Callejo, Miguel
Soliño, Mario
Vicente-Serrano, Sergio M.
López-Moreno, Juan I.
Lázaro-Alquézar, Angelina
Murphy, Conor
Grainger, Sam
Conradt, Tobias
Jin, Hongxiao
Boincean, Boris
author2_role author
author
author
author
author
author
author
author
author
author
description Drought is a complex natural hazard increasing in frequency, duration, and severity worldwide. Although droughts cause both market and non-market impacts, the latter suffers from a dearth of economic studies quantifying their magnitude. In this paper, we investigated how droughts affect selected ecosystem services expected to result in welfare losses in Spain. This study is aimed at quantifying and simulating societal losses given the expected potential increase in drought severity in the coming decades. We estimated a Discrete Choice Latent Class Model by which we distinguished three broad classes of individuals. The common behavior across all classes is that people consistently choose to avoid the negative effects of droughts. However, there are substantial differences among the three classes; while class 1 chooses options regardless of cost, even when selecting the most expensive ones, the other two classes account for the size of the payment. Moreover, health and water use restrictions have been decisive factors in individuals' choices. We have also observed that the perception of climate change is related to individual decisions. We quantified the enormous damage drought causes to societal well-being. Policymakers should take this information into account when addressing the increasing likelihood of extreme weather events.
publishDate 2024
dc.date.none.fl_str_mv 2024
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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status_str publishedVersion
dc.identifier.none.fl_str_mv http://zaguan.unizar.es/record/147770
url http://zaguan.unizar.es/record/147770
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv info:eu-repo/grantAgreement/ES/MICINN-FEDER/PCI2019-103631
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv
publisher.none.fl_str_mv
dc.source.none.fl_str_mv reponame:Zaguán. Repositorio Digital de la Universidad de Zaragoza
instname:Universidad de Zaragoza
instname_str Universidad de Zaragoza
reponame_str Zaguán. Repositorio Digital de la Universidad de Zaragoza
collection Zaguán. Repositorio Digital de la Universidad de Zaragoza
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,812429

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