OECD Regional Development Working Papers
- Discontinued
- Is continued by :
- OECD Regional Development Papers
Working papers from the Regional Development Policy Division of the OECD cover a full range of topics including regional statistics and analysis, urban governance and economics, rural governance and economics, and multi-level governance. Depending on the programme of work, the papers can cover specific topics such as regional innovation and networks, the determinants of regional growth or fiscal consolidation at the sub-national level.
- ISSN: 20737009 (online)
- https://doi.org/10.1787/20737009
The Port and its Environment
Methodological Approach for Economic Appraisal
In times of increasing environmental awareness, the port-city relationship has gained a new meaning
since ports have been seen as the origin of both negative and positive externalities affecting the public
wellbeing. While the former are the result of port expansion, the latter are the result of transforming
obsolete port areas into recreational facilities. Therefore, in order to support effective policy-making, in
this research is emphasized the need of measuring these environmental externalities. Considering their
non-market nature, the contingent valuation method is introduced as an economic tool capable of
overcoming this obstacle. Thus, the cases of two ports in Spain, namely Valencia and Castellón, are
reviewed. The policy implications of this are discussed with the aim to improve the understanding of the
changing relationship between ports and cities.
Keywords: contingent valuation, port-city relationship, port expansion, economic appraisal, waterfront redevelopment, environmental externalities
JEL:
Q58: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Environmental Economics: Government Policy;
Q51: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Valuation of Environmental Effects;
H41: Public Economics / Publicly Provided Goods / Public Goods;
R14: Urban, Rural, Regional, Real Estate, and Transportation Economics / General Regional Economics / Land Use Patterns
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