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Water Quality Improvements in Florida: A Benefits Transfer Valuation Approach

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  • Alvarez, Sergio
  • Asci, Serhat

Abstract

We develop a database of existing peer-reviewed and high quality studies that value the non-market benefits of water quality improvements, including studies using the contingent valuation, travel cost, and hedonic pricing methods. The database is used to estimate a benefits transfer valuation function for water quality improvements in the state of Florida as a result of adoption and implementation of agricultural Best Management Practices (BMPs).

Suggested Citation

  • Alvarez, Sergio & Asci, Serhat, 2015. "Water Quality Improvements in Florida: A Benefits Transfer Valuation Approach," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205615, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea15:205615
    DOI: 10.22004/ag.econ.205615
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    References listed on IDEAS

    as
    1. Johnston, Robert J. & Thomassin, Paul J., 2010. "Willingness to Pay for Water Quality Improvements in the United States and Canada: Considering Possibilities for International Meta-Analysis and Benefit Transfer," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 39(1), pages 1-18, February.
    2. Jon Nelson & Peter Kennedy, 2009. "The Use (and Abuse) of Meta-Analysis in Environmental and Natural Resource Economics: An Assessment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 42(3), pages 345-377, March.
    3. Sheila M. Olmstead, 2010. "The Economics of Water Quality," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 4(1), pages 44-62, Winter.
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    Keywords

    Demand and Price Analysis; Environmental Economics and Policy; Resource /Energy Economics and Policy;
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