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An Ecoregional Approach To Benefit Transfer

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  • Bhat, Gajanan
  • Bergstrom, John C.
  • Bowker, James Michael

Abstract

This study has examined the transferability of consumer's surplus estimates (fixed value transfer) and transferability of benefit functions from the Southern Appalachian Mountain ecoregion to a local site within the ecoregional level. Given data used in this study, it is found that transferability of benefit estimated are possible in 50% of the activities, whereas benefit functions can be transferred in all of the activities considered in this study. The results are compared to previous studies. Different problems in testing benefit estimates transfer are discussed.

Suggested Citation

  • Bhat, Gajanan & Bergstrom, John C. & Bowker, James Michael, 1997. "An Ecoregional Approach To Benefit Transfer," Faculty Series 16647, University of Georgia, Department of Agricultural and Applied Economics.
    • Handle: RePEc:ags:ugeofs:16647
    DOI: 10.22004/ag.econ.16647
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    References listed on IDEAS

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    1. Downing, Mark & Ozuna, Teofilo Jr., 1996. "Testing the Reliability of the Benefit Function Transfer Approach," Journal of Environmental Economics and Management, Elsevier, vol. 30(3), pages 316-322, May.
    2. Michael D. Creel & John B. Loomis, 1990. "Theoretical and Empirical Advantages of Truncated Count Data Estimators for Analysis of Deer Hunting in California," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(2), pages 434-441.
    3. Randall, Alan & Stoll, John R, 1980. "Consumer's Surplus in Commodity Space," American Economic Review, American Economic Association, vol. 70(3), pages 449-455, June.
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    1. Wronka, T.C. & Thiele, H., 2001. "Transfer von Umweltgüterbewertungen: Möglichkeiten, Grenzen und empirsiche Evidenz," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 37.

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