Arbeitspapier

Valuing the environment

To determine the amount of environmental goods and services to provide or preserve, it is necessary to weigh society's degree of preference for the environment vis-à-vis other goods and services. This value measure serves to inform the decision-making and policy-making process and thereby justify the allocation of limited resources between competing uses. This paper provides an overview of economic valuation methods for environmental goods, with examples of real-world applications. Valuation methods include both demand and non-demand curve approaches, including the dose-response method, contingent valuation method, and hedonic pricing. The paper further discusses the damage schedules approach and benefits transfer in cases where conventional valuation methods are less suitable.

Sprache
Englisch

Erschienen in
Series: ADBI Working Paper Series ; No. 1012

Klassifikation
Wirtschaft
Valuation of Environmental Effects
Allocative Efficiency; Cost-Benefit Analysis
Project Evaluation; Social Discount Rate
Thema
economic valuation
environmental goods
non-demand curve approaches
demand curve approaches
pairwise comparison approach
benefits transfer

Ereignis
Geistige Schöpfung
(wer)
Quah, Euston
Tan, Tsiat Siong
Ereignis
Veröffentlichung
(wer)
Asian Development Bank Institute (ADBI)
(wo)
Tokyo
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:46 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Quah, Euston
  • Tan, Tsiat Siong
  • Asian Development Bank Institute (ADBI)

Entstanden

  • 2019

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