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A Framework For The Economic Evaluation Of Environmental Science

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  • Kutschukian, Jean-Marc
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    Abstract

    Economists, especially agricultural economists, have undertaken extensive analysis of the gains of technological-based scientific research. This is in stark contrast to the efforts undertaken to understand the economic effects of environmental scientific research. Economic evaluation of environmental science is important because knowledge-based government agencies are regularly required to justify their research expenditure and set clear priorities for their research programmes. This paper addresses the gap in the literature by offering a general framework for evaluating environmental scientific research. The paper is structured around two themes central to appraisals of environmental research: (a) the non-market nature of environmental outcomes; and (b) the pathways to achieve these outcomes. Some of the more important and unique issues addressed include the links between the natural systems being researched, the benefits in terms of resulting goods and services, and their subsequent values, as well as the factors influencing the overall contribution research makes to environmental decision-making.

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    Bibliographic Info

    Paper provided by Australian Agricultural and Resource Economics Society in its series 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia with number 6026.

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    Date of creation: 2008
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    Handle: RePEc:ags:aare08:6026

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    Keywords: Environmental Economics and Policy; Research and Development/Tech Change/Emerging Technologies;

    This paper has been announced in the following NEP Reports:

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    1. Arrow, Kenneth J. & Cropper, Maureen L. & Eads, George C. & Hahn, Robert W. & Lave, Lester B. & Noll, Roger G. & Portney, Paul R. & Russell, Milson & Schmalensee, Richard & Smith, V. Kerry & Stavins, , 1997. "Is there a role for benefit-cost analysis in environmental, health, and safety regulation?," Environment and Development Economics, Cambridge University Press, vol. 2(02), pages 195-221, May.
    2. Zilberman, David & Heiman, Amir, 1999. "The value of economic research:," Impact assessments 7, International Food Policy Research Institute (IFPRI).
    3. Vincent H. Smith & Philip G. Pardey, 1997. "Sizing Up Social Science Research," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1530-1533.
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    5. Zvi Griliches, 1958. "Research Costs and Social Returns: Hybrid Corn and Related Innovations," Journal of Political Economy, University of Chicago Press, vol. 66, pages 419.
    6. Bromley, Daniel W., 2007. "Environmental regulations and the problem of sustainability: Moving beyond "market failure"," Ecological Economics, Elsevier, vol. 63(4), pages 676-683, September.
    7. Schimmelpfennig, David E. & Norton, George W., 2000. "What Value Is Agricultural Economics Research?," 2000 Annual meeting, July 30-August 2, Tampa, FL 21773, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Kilpatrick, Henry E., Jr., 1998. "Some useful methods for measuring the benefits of social science research:," Impact assessments 5, International Food Policy Research Institute (IFPRI).
    9. Tietenberg, T H, 1990. "Economic Instruments for Environmental Regulation," Oxford Review of Economic Policy, Oxford University Press, vol. 6(1), pages 17-33, Spring.
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    13. C. Peter Timmer, 1997. "Valuing Social Science Research and Policy Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1545-1550.
    14. Sagoff, M., 1998. "Aggregation and deliberation in valuing environmental public goods:: A look beyond contingent pricing," Ecological Economics, Elsevier, vol. 24(2-3), pages 213-230, February.
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    16. Willig, Robert D, 1976. "Consumer's Surplus without Apology," American Economic Review, American Economic Association, vol. 66(4), pages 589-97, September.
    17. David E. Schimmelpfennig & George W. Norton, 2003. "What is the Value of Agricultural Economics Research?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(1), pages 81-94.
    18. Hahn, Robert W., 2000. "The Impact of Economics on Environmental Policy," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 375-399, May.
    19. George W. Norton & Jeffrey Alwang, 1997. "Measuring the Benefits of Policy Research," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1534-1538.
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