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Cost - benefit analysis and environmental policymaking

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Author Info
Nick Hanley

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Abstract

The author's purpose is to review the use of cost - benefit analysis (CBA) in environmental policy appraisal, focusing on the United Kingdom. Examples of the use of CBA in this context are provided, and the recent historical background to its use explained. The main strengths and weaknesses of CBA from the viewpoint of users are then reviewed, and alternatives to CBA are considered. The author closes by exploring some possible ways forward for the methodology which would be consistent with it becoming more useful and more widely accepted.

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Publisher Info
Article provided by Pion Ltd, London in its journal Environment and Planning C: Government and Policy.

Volume (Year): 19 (2001)
Issue (Month): 1 (February)
Pages: 103-118
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:pio:envirc:v:19:y:2001:i:1:p:103-118

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Web page: http://www.pion.co.uk

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  1. R. Turner, 2007. "Limits to CBA in UK and European environmental policy: retrospects and future prospects," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 37(1), pages 253-269, May. [Downloadable!] (restricted)
  2. Nick Hanley & Mandy Ryan & Robert Wright, 2003. "Estimating the monetary value of health care: lessons from environmental economics," Health Economics, John Wiley & Sons, Ltd., vol. 12(1), pages 3-16. [Downloadable!]
  3. Måns Nilsson & Andrew Jordan & John Turnpenny & Julia Hertin & Björn Nykvist & Duncan Russel, 2008. "The use and non-use of policy appraisal tools in public policy making: an analysis of three European countries and the European Union," Policy Sciences, Springer, vol. 41(4), pages 335-355, December. [Downloadable!] (restricted)
  4. David Hoyos Ramos & Pere Riera Micaló & Javier Fernández Macho & Carmen Gallastegui & Dolores García, 2008. "Valuing environmental impacts of coastal development projects: a choice modelling application in Spain," BILTOKI 200802, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística). [Downloadable!]
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This page was last updated on 2009-12-23.


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