Economic Valuation Of The Environment

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Economic valuation of the environment

Author : Guy Garrod
Publisher : Unknown
Page : 384 pages
File Size : 48,7 Mb
Release : 1999
Category : Environmental auditing
ISBN : OCLC:654246684

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Economic valuation of the environment by Guy Garrod Pdf

Economic Valuation of the Environment

Author : Guy Garrod,Kenneth George Willis
Publisher : Edward Elgar Publishing
Page : 410 pages
File Size : 48,9 Mb
Release : 1999
Category : Business & Economics
ISBN : STANFORD:36105024342854

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Economic Valuation of the Environment by Guy Garrod,Kenneth George Willis Pdf

This book examines the major techniques used in cost-benefit analysis and project appraisal to value environmental goods and services. The authors, both environmental economists at the U. of Newcastle-upon- Tyne, UK, begin with description of various theoretical approaches including both revealed and expressed preference techniques. They then analyze case studies connected with recreation, landscape, biodiversity, water quality, amenity values. A concluding section contains discussion of contemporary issues, policy implications, and suggestions for future research. Annotation copyrighted by Book News, Inc., Portland, OR

The Economic Valuation of the Environment and Public Policy

Author : Noboru Hidano
Publisher : Edward Elgar Publishing
Page : 190 pages
File Size : 47,5 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 1843767155

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The Economic Valuation of the Environment and Public Policy by Noboru Hidano Pdf

The Economic Valuation of the Environment and Public Policy fills an important gap in economic literature by providing a comprehensive account of hedonic pricing and its use in valuation of environmental amenities. . . . It should be invaluable to anyone contemplating undertaking a hedonic pricing study of an environmental amenity, as it contains practical advice on a myriad of modeling issues. Likewise, it should be of value to anyone wishing to thoroughly understand and critique the results of a hedonic pricing exercise. Richard T. Carson, Environment I appreciate this book s blend between theory and applications. It contains an informative review of the development of the theory of the hedonic price technique as well as an insightful analysis of the econometrics of the approach. Noboru Hidano has a gift for breaking down the difficult theoretical and econometric problems into simple and manageable proportions. Per-Olov Johansson, Stockholm School of Economics, Sweden The importance of the hedonic valuation approach in public policy evaluation and environmental value estimation is now widely accepted. This book is especially designed to illustrate the basic assumptions of the hedonic approach and highlight the strengths and weaknesses associated with it. Combining rigorous theoretical analysis, detailed empirical studies and an extensive history of hedonic valuation, the book is both a good introductory text to the field and a precise yet comprehensive aid for professionals and practitioners alike. Some of the book s special features include: a comprehensive explanation of the basic theorem extensive discussions on the utility of the approach in the evaluation of both small-scale and large-scale projects detailed explanations of how the approach can best be applied to cost benefit analysis an examination of the applicability of the hedonic method by comparing estimated values for various environmental and public services an illustration of public policy and environmental valuation using readily-understood examples. The Economic Valuation of the Environment and Public Policy will be essential reading for students of environmental and ecological economics, environmental science and technology specialists, and all those who are interested in the evaluation of public sector projects.

Environmental Valuation in Developed Countries

Author : David W. Pearce
Publisher : Edward Elgar Publishing
Page : 473 pages
File Size : 51,9 Mb
Release : 2006
Category : Nature
ISBN : 9781847201768

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Environmental Valuation in Developed Countries by David W. Pearce Pdf

Environmental Valuation in Developed Countries will be of interest to policy makers and economist in search of a variety of methodologies related to environmental valuation. Political Studies Review This is the second of two volumes of case studies that illustrate how environmental economists place values on environmental assets and on the flows of goods and services generated by those assets. The first volume, Valuing the Environment in Developing Countries, illustrates methodologies and applications of valuation techniques in the developing world; this volume concentrates on developed or wealthy nations where the first examples of economic valuation of the environment were carried out. This important book assembles studies that discuss broad areas of application of economic valuation from amenity and pollution through to water and health risks, from forestry to green urban space. In this, his last book, the late David Pearce brought together leading European experts, contributors to some two dozen case studies exploring the frontiers of economic valuation of natural resources and environmental amenity in the developed world. Essays on the role of valuation in environmental policy, environmental justice and green accounts are presented, and case study topics include: valuing forestry benefits GM crops water use and quality externalities in the electricity sector renewable energy benefits electricity transmission line disamenity urban greenspace chemical risks noise pollution. Economic valuation has undoubtedly made an important contribution to the environmental debate, and the contributors illustrate how sophisticated techniques have become, and how powerful their application can be. As such, this significant volume will prove essential reading for academics, researchers, students and practitioners in the field of environmental economics.

Environmental Valuation

Author : Jennifer Rietbergen-McCracken,Hussein Abaza
Publisher : Routledge
Page : 241 pages
File Size : 51,5 Mb
Release : 2013-10-11
Category : Business & Economics
ISBN : 9781134199105

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Environmental Valuation by Jennifer Rietbergen-McCracken,Hussein Abaza Pdf

This companion volume to Economic Instruments for Environmental Management presents essential information on the applications of economic valuation to environment and development. It draws on a three-year collaborative effort by research institutions around the world. Authoritative studies review the range of valuation methods used in developing economies, their purposes, the problems encountered and the quality of the results. Topics covered include the value of wildlife viewing, the conservation of rainforests, mangroves and coral reefs, supplying rural water, and controlling urban air pollution. The analysis reveals important methodological and contextual factors, highlighting key lessons and ways of strengthening future valuations. Written to be accessible to non-economists, the book provides source material for students and academics, and for policy-makers and professionals, using valuation methods to frame policy.

Valuing Environmental and Natural Resources

Author : Timothy C. Haab,Kenneth E. McConnell
Publisher : Edward Elgar Publishing
Page : 343 pages
File Size : 40,9 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 9781843765431

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Valuing Environmental and Natural Resources by Timothy C. Haab,Kenneth E. McConnell Pdf

Non-market valuation has become a broadly accepted and widely practiced means of measuring the economic values of the environment and natural resources. In this book, the authors provide a guide to the statistical and econometric practices that economists employ in estimating non-market values. The authors develop the econometric models that underlie the basic methods: contingent valuation, travel cost models, random utility models and hedonic models. They analyze the measurement of non-market values as a procedure with two steps: the estimation of parameters of demand and preference functions and the calculation of benefits from the estimated models. Each of the models is carefully developed from the preference function to the behavioral or response function that researchers observe. The models are then illustrated with datasets that characterize the kinds of data researchers typically deal with. The real world data and clarity of writing in this book will appeal to environmental economists, students, researchers and practitioners in multilateral banks and government agencies.

Environmental and Resource Valuation with Revealed Preferences

Author : Nancy E. Bockstael,Kenneth E. McConnell
Publisher : Springer Science & Business Media
Page : 385 pages
File Size : 54,7 Mb
Release : 2007-03-31
Category : Business & Economics
ISBN : 9781402053184

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Environmental and Resource Valuation with Revealed Preferences by Nancy E. Bockstael,Kenneth E. McConnell Pdf

This book provides a systematic review of those economic approaches for valuing the environment and natural resources that use information on what people do, not what they say. The authors have worked on models of revealed preferences for valuing environmental and natural resources for several decades. The book provides a candid review of the major conceptual challenges and an exploration of neglected issues in the literature.

Economic Valuation and the Natural World

Author : David William Pearce
Publisher : World Bank Publications
Page : 71 pages
File Size : 45,7 Mb
Release : 1992
Category : Analisis costo-beneficio
ISBN : 8210379456XXX

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Economic Valuation and the Natural World by David William Pearce Pdf

Economic valuation can help improve decisions about protecting the environment . By inputing values to unpriced goods, it can make public choices more cost-efficient and thus allow limited public income to be optimally spent.

Valuing Ecosystem Services

Author : National Research Council,Division on Earth and Life Studies,Water Science and Technology Board,Committee on Assessing and Valuing the Services of Aquatic and Related Terrestrial Ecosystems
Publisher : National Academies Press
Page : 291 pages
File Size : 42,6 Mb
Release : 2005-05-14
Category : Science
ISBN : 9780309093187

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Valuing Ecosystem Services by National Research Council,Division on Earth and Life Studies,Water Science and Technology Board,Committee on Assessing and Valuing the Services of Aquatic and Related Terrestrial Ecosystems Pdf

Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.

The Economic Value of Natural and Environmental Resource

Author : Frew Hailu
Publisher : GRIN Verlag
Page : 40 pages
File Size : 47,5 Mb
Release : 2014-11-10
Category : Business & Economics
ISBN : 9783656834656

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The Economic Value of Natural and Environmental Resource by Frew Hailu Pdf

Studienarbeit aus dem Jahr 2013 im Fachbereich VWL - Umweltökonomie, , Veranstaltung: Environmental Economics, Sprache: Deutsch, Abstract: Monetary valuation of environmental goods has by now become the subject of numerous economic books and articles. Interest in the topic seems to be increasing in the economics profession, and theoretical insight, methodological improvements and the numbers of empirical findings are expanding rapidly. The aim of such valuation is usually to incorporate environmental concerns into a cost-benefit analysis. Another purpose is to construct environmentally adjusted national income measures Environmental value estimates have also been combined with macroeconomic models, e.g. to estimate welfare effects of a climate treaty Further, estimated willingness to pay is now accepted in the USA as a basis for legal compensation claims for damages to natural resources caused by spill of hazardous substances (Nyborg, 1996) Valuation can simply be defined “as an attempt to put monetary values or to environmental goods and services or natural resources”. It is a key exercise in economic analysis and its results provide important information about values of environmental goods and services. This information can be used to influence decisions about wise use and conservation of forests and other ecosystems. The basic aim of valuation is to determine people’s preferences by gauging how much they are willing to pay (WTP) for given benefits or certain environmental attributes e.g. keep a forest ecosystem intact. In other words, valuation also tries to gauge how much worse off they would consider themselves to be as a result of changes in the state of the environment such as degradation of a forest. Economic valuation never refers to a stock, but only the change in a stock. If one speaks of the economic value of biodiversity, then one always means the economic value of a change of biodiversity. It is not a question of determining the ‘true’ value of biodiversity or ecosystems but valuing changes and comparing them with their alternatives, e.g. with a golf course vs without a golf course. Thus it is non-sense to ask “how much are the African National Parks worth?” A plausible question in this case would be: ‘WWF has proposed a new policy to prevent the huge losses of wildlife species from African National Parks. What is the monetary value of the benefits of this policy (i.e., the economic damages avoided)? Economists thus stress that the valuation should focus on changes rather than levels of biodiversity or ecosystem. [...]

Economic Valuation Techniques for the Environment

Author : John A. Dixon,Maynard M. Hufschmidt
Publisher : Unknown
Page : 232 pages
File Size : 41,9 Mb
Release : 1986
Category : History
ISBN : STANFORD:36105040482858

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Economic Valuation Techniques for the Environment by John A. Dixon,Maynard M. Hufschmidt Pdf

Economic Growth and Valuation of the Environment

Author : Ekko Ierland,Jan van der Straaten,Herman R. J. Vollebergh
Publisher : Edward Elgar Publishing
Page : 413 pages
File Size : 48,8 Mb
Release : 2001-01-01
Category : Business & Economics
ISBN : 9781843763024

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Economic Growth and Valuation of the Environment by Ekko Ierland,Jan van der Straaten,Herman R. J. Vollebergh Pdf

The debate on the valuation of nature and the environment, sustainable national income and economic growth is one of prime importance in environmental economics. Economic Growth and Valuation of the Environment deals with the fundamental approaches to cal

Valuing the Environment: Methodological and Measurement Issues

Author : Rüdiger Pethig
Publisher : Springer Science & Business Media
Page : 378 pages
File Size : 52,9 Mb
Release : 1994-06-30
Category : Business & Economics
ISBN : 0792326024

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Valuing the Environment: Methodological and Measurement Issues by Rüdiger Pethig Pdf

During the last decades, environmental economics as a science has been very successful in improving our understanding of environment-economy interdepen dence. Using conventional economic methodology, environmental aspects have been explicitly incorporated into economic models making use of the concept of externality. This concept was already familiar to economists long before evidence of severe environmental deterioration found its way into the headlines and peo ple's awareness. But before that time, external effects were not considered as being empirically very relevant, they seemed to be -like the example of the bees and the fruit trees - somewhat bucolic in nature. All that changed dramatically when it was no longer possible (or easy) to ignore the large-scale environmental disruption with its negative feedback on consumers and producers caused by growing pollution and excessive use of environmental resources. In diagnosing the discrepancy between private and social cost as the cause of the problem, the externality paradigm proved very useful. The correct diagnosis implies the straightforward cure to internalise all external cost, namely the damage cost of pollution. But it is one thing to identify the qualitative nature of the problem at an abstract conceptual level and quite another thing to place specific money values on pollution damage and society's valuation of the environment, respectively, in the context of specific pollution (control) problems. Very often it is controversial not only how inefficient the no-policy situation is but also what exactly the net benefit of any public action of reducing pollution is.

Economic valuation of the environment

Author : Anonim
Publisher : Edward Elgar Publishing
Page : 384 pages
File Size : 53,8 Mb
Release : 1999
Category : Environmental auditing
ISBN : 1782543317

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Economic valuation of the environment by Anonim Pdf

Economic Valuation of the Environment will be essential reading for environmental and ecological economists and those practising resource management as well as for planners and policy makers.

Valuing Environmental Preferences

Author : Ian Bateman,Kenneth George Willis
Publisher : Oxford University Press, USA
Page : 678 pages
File Size : 53,5 Mb
Release : 2001
Category : Business & Economics
ISBN : 0199248915

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Valuing Environmental Preferences by Ian Bateman,Kenneth George Willis Pdf

The questionnaire-based Contingent Valuation Method (CVM) asks people what would they be willing to pay for an environmental good or attribute, or willing to accept for its loss. These papers consider the real value of such surveys.