{"title":"Impacts of the COVID-19 Pandemic on Willingness-To-Pay for Wetlands: A Case Study of Coastal Wetlands in Tampa Bay","authors":"Julian J. Hwang","doi":"10.1007/s13157-024-01838-z","DOIUrl":null,"url":null,"abstract":"<p>This paper presents the first analysis of impacts of COVID-19 on willingness-to-pay for wetland restoration. Two potential effects were identified that may affect willingness-to-pay for wetland restoration and empirically tested using a referendum-style contingent valuation survey that was administered in the midst of the pandemic to measure willingness-to-pay for restoring mangroves and saltmarshes in Tampa Bay, Florida. Results indicate that willingness-to-pay was $2,791 per household during COVID, but it would have been $3,262 if there had not been COVID. These results imply a loss of $3.8 billion in the total value of restoring wetlands in the state of Florida.</p>","PeriodicalId":1,"journal":{"name":"Accounts of Chemical Research","volume":null,"pages":null},"PeriodicalIF":16.4000,"publicationDate":"2024-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounts of Chemical Research","FirstCategoryId":"93","ListUrlMain":"https://doi.org/10.1007/s13157-024-01838-z","RegionNum":1,"RegionCategory":"化学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CHEMISTRY, MULTIDISCIPLINARY","Score":null,"Total":0}
引用次数: 0
Abstract
This paper presents the first analysis of impacts of COVID-19 on willingness-to-pay for wetland restoration. Two potential effects were identified that may affect willingness-to-pay for wetland restoration and empirically tested using a referendum-style contingent valuation survey that was administered in the midst of the pandemic to measure willingness-to-pay for restoring mangroves and saltmarshes in Tampa Bay, Florida. Results indicate that willingness-to-pay was $2,791 per household during COVID, but it would have been $3,262 if there had not been COVID. These results imply a loss of $3.8 billion in the total value of restoring wetlands in the state of Florida.
期刊介绍:
Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance.
Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.