Environmental Value Transfer: Issues and Methods (eBook)

Ståle Navrud, Richard Ready (Herausgeber)

eBook Download: PDF
2007 | 2007
X, 292 Seiten
Springer Netherland (Verlag)
978-1-4020-5405-1 (ISBN)

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This volume offers a snapshot of the research that is ongoing in the area of value transfer. It provides relevant input for increasing the quality of cost-benefit analyses of projects with environmental and health impacts. The volume includes papers by some of the most influential authors in the area and covers the latest developments in the field.


The transfer of environmental values in time and space has increased rapidly with the widespread use of cost benefit analysis in project evaluation and regulatory assessments over the last three decades. Over the last 15 years, other policy uses like environmental costing, greening of systems of national accounts and natural resource damage assessments after oil spills and other pollution accidents have also contributed to the increased demand for environmental values. However, most early transfers were conducted in an uncritical manner, often lacking sound theoretical, statistical and empirical basis, and did not question the validity and reliability of the transferred values. What appears to be the first environmental value transfer exercise estimated damages, and illustrates the point that what is generally termed benefit transfer, should rather be termed value transfer in order to capture both reductions and increments in environmental quality and natural resources. This first attempt to transfer environmental values seems to be the calculation of lost recreational value from the Hell's Canyon hydroelectric project more than 30 years ago, as described by John V. Krutilla and Anthony C. Fisher in their book (Chapters 5 and 6): The Economics of Natural Environments Studies in the Valuation of Commodity and Amenity Resources. (John Hopkins Press, Baltimore, 1975). The first large-scale user of value transfer was the USDA Forest Service.

Preface; S. Navrud and R. Ready.- Foreward; A.C. Fisher.- 1. REVIEW OF METHODS FOR VALUE TRANSFER; S. Navrud and R. Ready.- 2. BENEFIT AND INFORMATIONAL TRANSFERS; D. Brookshire and J. Chermak.- 3. CORRESPONDENCE AND CONVERGENCE IN BENEFIT TRANSFER ACCURACY: META-ANALYTIC REVIEW OF THE LITERATURE; R. Rosenberger and T. Phipps.- 4. TRANSFERRING LANDSCAPE VALUES: HOW AND HOW ACCURATELY?; J.M.L. Santos.- 5. MORBIDITY VALUE TRANSFER; R. Ready and S. Navrud.- 6. UNCERTAINTY, BENEFIT TRANSFERS, AND PHYSICAL MODELS: A MIDDLE RIO GRANDE VALLEY FOCUS; D. Brookshire, J. Chermak and R. DeSimone.- 7. ESTIMATING THE ECONOMIC VALUE OF IMPROVEMENTS IN RIVER ECOLOGY USING CHOICE EXPERIMENTS: AN APPLICATION TO THE WATER FRAMEWORK DIRECTIVE; N. Hanley, R.E. Wright, and B. Alvarez-Farizo.- 8. CONTRASTING CONVENTIONAL WITH MULTI-LEVEL MODELING APPROACHES TO META-ANALYSIS: EXPECTATION CONSISTENCY IN UK WOODLAND RECREATION VALUES; I.J. Bateman and A.P. Jones.- 9. BENEFIT TRANSFER USING META-ANALYSIS IN RECREATION ECONOMIC VALUATION; R. Shrestha, R Rosenberger, and J. Loomis.- 10. BENEFIT VALUE TRANSFERS CONDITIONAL ON SITE ATTRIBUTES: SOME EVIDENCE OF RELIABILITY FROM FOREST RECREATION IN IRELAND; R. Scarpa, W.G. Hutchinson, S.M. Chilton, and J. Buongiorno.- 11. CAN USE AND NON-USE VALUES BE TRANSFERRED ACROSS COUNTRIES?; D. Kristófersson and S. Navrud.- 12. THE APPLICATION OF BAYESIAN METHODS IN BENEFIT TRANSFER; C. León, R. León, and F. Vázquez-Polo.-13. IMPROVING THE PRACTICE OF BENEFITS TRANSFER: A PREFERENCE CALIBRATION APPROACH; S. Pattanayak, V. K. Smith, and G. Van Houtven.- 14. HOW MUCH IS ENOUGH? THE VALUE OF INFORMATION FROM BENEFIT TRANSFERS INA POLICY CONTEXT; D. Barton.- 15. LESSONS LEARNED FOR ENVIRONMENTAL VALUE TRANSFER; S. Navrud and R. Ready.

Erscheint lt. Verlag 11.5.2007
Reihe/Serie The Economics of Non-Market Goods and Resources
The Economics of Non-Market Goods and Resources
Zusatzinfo X, 292 p.
Verlagsort Dordrecht
Sprache englisch
Themenwelt Naturwissenschaften Biologie Ökologie / Naturschutz
Sozialwissenschaften Politik / Verwaltung
Wirtschaft Volkswirtschaftslehre
Schlagworte benefit transfer • Contingent Valuation • Cost-Benefit Analysis • Ecology • Environmental Policy • stated preference
ISBN-10 1-4020-5405-X / 140205405X
ISBN-13 978-1-4020-5405-1 / 9781402054051
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