Impact analysis and update to 2018 of the economic and social value of the MAGNA Plan (geological mapping at 1:50,000 scale)

Authors

  • Alfonso Herrero de Egaña UNED
  • José Vivancos UNED
  • Ángel García-Cortés Instituto Geológico y Minero de España

DOI:

https://doi.org/10.21701/bolgeomin.131.4.017

Keywords:

cost/benefit analysis, free electronic downloading, economic valuation, geological map, scientific dissemination

Abstract


In a study published in 2005, García-Cortés and colleagues developed a social and economic evaluation for the MAGNA Plan (García-Cortés et al, 2005a) based on the value that user companies assigned to this product, their willingness to pay for these maps and if they are currently not available their willingness to pay for the necessary costs for the geological investment. This new study is based on the above precedent, first by analyzing the impact of its dissemination in scientific publications, and second by updating up to 2018 the economic and social value of the MAGNA Plan (Geological Map of Spain at 1:50,000 scale). The authors have applied the methodology developed in 2005 to the new data available from 2004 to 2018, in order to be able to update the value of the cumulative number of MAGNA geological survey sheets sold to companies. The new evaluation process has also allowed us to highlight some additional issues of interest, such as the different demand profiles for each of the various user types of geological maps in Spain and the excellent economic returns achieved by the Spanish public investment in the MAGNA Plan, thanks to the substantial savings generated by the different users of the maps in the development of their business activities, and finally regarding the potential impact of the current IGME (Spanish Geological Survey) free electronic  downloading of the scientific dissemination of geological knowledge.

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Published

2020-12-30

How to Cite

Herrero de Egaña, A., Vivancos, J., & García-Cortés, Ángel. (2020). Impact analysis and update to 2018 of the economic and social value of the MAGNA Plan (geological mapping at 1:50,000 scale). Boletín Geológico Y Minero, 131(4), 817–829. https://doi.org/10.21701/bolgeomin.131.4.017

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