Benefits transfer: conceptual problems in estimating water quality benefits using existing studies
AbstractThe Environmental Protection Agency has used existing studies to estimate the benefits of environmental improvements associated with several regulatory proposals The problems encountered in using existing studies to measure the benefits of water quality improvements are investigated in this paper. We propose criteria for selecting transfer studies and present a case study of a transfer. Our research indicates that although benefit transfer may offer promise, the fact that existing studies were not designed for transfer places severe limitations on the current effectiveness of transfer. Suggestions for future research are presented to address these limitations.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 36405.
Date of creation: 1992
Date of revision:
Publication status: Published in Water Resources Research 3.28(1992): pp. 675-683
Benefits transfer; economics; nonmarket valuation;
Find related papers by JEL classification:
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
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