The Effects of Aquaculture and Marine Conservation on Cultural Ecosystem Services: An Integrated Hedonic – Eudaemonic Approach

Last modified: 
June 30, 2020 - 11:02am
Type: Journal Article
Year of publication: 2020
Date published: 10/2020
Authors: Elisavet Spanou, Jasper Kenter, Marcello Graziano
Journal title: Ecological Economics
Volume: 176
Pages: 106757
ISSN: 09218009

Understanding the cultural contributions of ecosystems is essential for recognising how environmental policy impacts on human well-being. We developed an integrated cultural ecosystem services (CES) valuation approach involving non-monetary valuation through a eudaemonic well-being questionnaire and monetary valuation through hedonic pricing. This approach was applied to assess CES values on the west coast of Scotland. The impact of scenic area and marine protected area (MPA) designations on CES values and potential trade-offs with aquaculture, an increasingly important provisioning ecosystem service in the region, were investigated. Results confirmed a eudaemonic well-being value structure of seven factors: engagement and interaction with natureplace identitytherapeutic valuespiritual valuesocial bondsmemory/transformative value, and challenge and skill. Visibility of, but not proximity to aquaculture negatively influenced housing prices. In contrast, proximity to MPAs and visibility of scenic areas increased property values. All eudaemonic well-being value factors were positively and significantly associated with scenic areas and a subset of these with MPAs. The integration of the two methods can provide decision-makers with a more comprehensive picture of CES values, their relation to conservation policies and interactions and trade-offs with other activities and services.

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