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Six decades of environmental resource valuation in Canada: A synthesis of the literature

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  • James Macaskill
  • Patrick Lloyd‐Smith

Abstract

This paper synthesizes Canada's environmental valuation literature over the last six decades. Focusing on primary valuation benefit estimates, we link multiple research outputs from the same data collection effort to obtain an accurate measure of unique studies. We identify a total of 269 unique valuation studies conducted in Canada between 1964 and 2019. The number of valuation studies conducted per year has not increased since 1975 and the median data collection year is 1996. Stated preference (SP) methods are the most popular valuation approaches being used in more than 50% of studies and this share has increased to over 80% within the last decade. We discuss numerous gaps in our knowledge for certain environmental resources and regions, in particular Canada's three Northern territories. The paper provides information on the state of environmental valuation research in Canada and identifies future research needs. Cet article synthétise la documentation sur l'évaluation environnementale au Canada au cours des six dernières décennies. En nous concentrant sur les estimations des bénéfices primaires des évaluations, nous relions plusieurs résultats de recherche issus du même effort de collecte de données pour obtenir une mesure précise d'études individuelles. Nous identifions un total de 269 études d'évaluation unique menées au Canada entre 1964 et 2019. Le nombre d'études d'évaluation menées par année n'a pas augmenté depuis 1975 et l'année médiane de collecte de données est 1996. Les méthodes de préférence déclarée sont les approches d'évaluation les plus populaires utilisées dans plus de 50 % des études et cette part est passée à plus de 80 % au cours de la dernière décennie. Nous discutons de nombreuses lacunes dans nos connaissances sur certaines ressources et régions environnementales, en particulier les trois territoires nordiques du Canada. Le document fournit des informations sur l'état de la recherche sur l'évaluation environnementale au Canada et identifie les besoins futurs en matière de recherche.

Suggested Citation

  • James Macaskill & Patrick Lloyd‐Smith, 2022. "Six decades of environmental resource valuation in Canada: A synthesis of the literature," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 70(1), pages 73-89, March.
    • Handle: RePEc:bla:canjag:v:70:y:2022:i:1:p:73-89
    DOI: 10.1111/cjag.12304
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    References listed on IDEAS

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