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Publisher: Edward Elgar Pub
Binding: Hardcover
ISBN: 1840640472
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The Economic Value of Water Quality (New Horizons in Environmental Economics)
The authors of this in-depth study describe the theory and techniques that can be applied to the specific case of valuing potable drinking water provided by ground water supplies.The Economic Value of Water Quality review. The theory and techniques can be extended to valuing potable drinking water provided by surface water supplies, and also to valuing alternative levels of water quality. The theory and case studies discussed in the book suggest that important determinants of the economic value of water quality include the probability of contamination measured objectively and subjectively, information on actual levels of contamination in household water supplies, socioeconomic characteristics of households and the extent to which the values of water quality people hold include non-use components. The case study results also suggest that empirical valuation results are sensitive to study design effects such as the particular statistical technique used to estimate mean or median values. These results suggest that estimating water quality values using benefits transfer techniques is problematic, but perhaps feasible with improved data and valuation modelsRead full reviews of Economic Value of Water Quality, 9781840640472.
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The authors of this in-depth study describe the theory and techniques that can be applied to the specific case of valuing potable drinking water provided by ground water supplies. The theory and techniques can be extended to valuing potable drinking water provided by surface water supplies, and also to valuing alternative levels of water quality. The theory and case studies discussed in the book suggest that important determinants of the economic value of water quality include the probability of contamination measured objectively and subjectively, information on actual levels of contamination
Economic Value of Water Quality, ISBN-13: 9781840640472, ISBN-10: 1840640472
Routledge 9781891853982 Determining the Economic Value of Water: Concepts and Methods Description Water provides benefits as a commodity for agriculture, industry, and households--and as a public good for scenic values, waste assimilation, wildlife habitats, and recreational use. However, even as the nature and needs of economies change, water continues to be allocated to other than high priority uses, water quality continues to decline, environmental uses get inadequate attention, and floods a
Water provides benefits as a commodity for agriculture, industry, and households -- and as a public good for scenic values, waste assimilation, wildlife habitats, and recreational use. However, even as the nature and needs of economies change, water continues to be allocated to other than high priority uses, water quality continues to decline, environmental uses get inadequate attention, and floods and droughts take an unnecessarily severe toll. One reason for this is that price signals that reflect scarcities of goods and thereby guide investments and resource allocation in the private sector
Water provides benefits as a commodity for agriculture, industry, and households -- and as a public good for scenic values, waste assimilation, wildlife habitats, and recreational use. However, even as the nature and needs of economies change, water continues to be allocated to other than high priority uses, water quality continues to decline, environmental uses get inadequate attention, and floods and droughts take an unnecessarily severe toll. One reason for this is that price signals that reflect scarcities of goods and thereby guide investments and resource allocation in the private sector
The Economic Value of Water Quality Reviews
The theory and techniques can be extended to valuing potable drinking water provided by surface water supplies, and also to valuing alternative levels of water quality. The theory and case studies discussed in the book suggest that important determinants of the economic value of water quality include the probability of contamination measured objectively and subjectively, information on actual levels of contamination in household water supplies, socioeconomic characteristics of households and the extent to which the values of water quality people hold include non-use components. The case study results also suggest that empirical valuation results are sensitive to study design effects such as the particular statistical technique used to estimate mean or median values. These results suggest that estimating water quality values using benefits transfer techniques is problematic, but perhaps feasible with improved data and valuation models.
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