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Identifying the scope effect on a meta-analysis of biodiversity valuation studies

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  • Ojea, Elena
  • Loureiro, Maria L.

Abstract

Insensitivity to scope is an issue of much debate in contingent valuation (CV) even today. Although the literature about insensitivity to scope is abundant, the reasons for it are not yet well known. Through a meta-analysis of CV studies of biodiversity, the treatment of the different possible measures of the quantity of the good is explored in relation to scope sensitivity. Overall, the findings suggest that CV results are sensitive to the amount of the good being valued, although the result depends on how the environmental change is measured. Results support the use of absolute sizes when conducting CV studies.

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Bibliographic Info

Article provided by Elsevier in its journal Resource and Energy Economics.

Volume (Year): 33 (2011)
Issue (Month): 3 (September)
Pages: 706-724

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Handle: RePEc:eee:resene:v:33:y:2011:i:3:p:706-724

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Web page: http://www.elsevier.com/locate/inca/505569

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Keywords: Biodiversity Contingent valuation Ecosystems Meta-analysis Scope test;

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  1. > Environmental and Natural Resource Economics > Environmental Economics > Valuation > Contingent valuation method > Scope effects
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Cited by:
  1. Catherine L. Kling & Daniel J. Phaneuf & Jinhua Zhao, 2012. "From Exxon to BP: Has Some Number Become Better Than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 3-26, Fall.
  2. Timothy C. Haab & Matthew G. Interis & Daniel R. Petrolia & John C. Whitehead, 2013. "From Hopeless to Curious? Thoughts on Hausman's 'Dubious to Hopeless' Critique of Contingent Valuation," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 35(4), pages 593-612.
  3. Branger, Frédéric & Quirion, Philippe, 2014. "Would border carbon adjustments prevent carbon leakage and heavy industry competitiveness losses? Insights from a meta-analysis of recent economic studies," Ecological Economics, Elsevier, vol. 99(C), pages 29-39.
  4. Sabah Abdullah & Randall S. Rosenberger, 2012. "Controlling for Biases in Primary Valuation Studies: A Meta-analysis of International Coral Reef Values," Working Papers 2012.72, Fondazione Eni Enrico Mattei.
  5. Baker, Rick & Ruting, Brad, 2014. "Environmental Policy Analysis: A Guide to Non‑Market Valuation," 2014 Conference (58th), February 4-7, 2014, Port Maquarie, Australia 165810, Australian Agricultural and Resource Economics Society.

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