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Nutzentransfer: Das Sparmodell der Umweltbewertung

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  • Michael Ahlheim
  • Ulrike Lehr

Abstract

Cost‐benefit analysis of environmental projects often requires economic valuation procedures that are time‐consuming and costly. Therefore, the wish to short‐cut these procedures comes naturally, e.g. using the so‐called “benefit transfer”. This method enables the researcher to use results from previous studies to calculate expected benefits of a planned project. In this paper we discuss the chances and limits of this approach from theoretical and empirical points of view. Starting from the welfare theoretical fundamentals of economic valuation we show that the road to any empirical measure is already marked by various assumptions. Taking a detailed look at the techniques of benefit transfers the paper arrives at recommendations for future benefit transfer studies.

Suggested Citation

  • Michael Ahlheim & Ulrike Lehr, 2002. "Nutzentransfer: Das Sparmodell der Umweltbewertung," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 3(1), pages 85-104, February.
    • Handle: RePEc:bla:perwir:v:3:y:2002:i:1:p:85-104
    DOI: 10.1111/1468-2516.00076
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    References listed on IDEAS

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    1. Kirchhoff, Stefanie & Colby, Bonnie G. & LaFrance, Jeffrey T., 1997. "Evaluating the Performance of Benefit Transfer: An Empirical Inquiry," Journal of Environmental Economics and Management, Elsevier, vol. 33(1), pages 75-93, May.
    2. Ahlheim, Michael, 1998. "Contingent valuation and the budget constraint," Ecological Economics, Elsevier, vol. 27(2), pages 205-211, November.
    3. Franz Hackl & Gerald J. Pruckner, 2000. "Braucht die Deutsche Umweltpolitik einen Exxon Valdez Tankerunfall?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 1(1), pages 93-114, February.
    4. Peter A. Diamond & Jerry A. Hausman, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall.
    5. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
    6. Robin Boadway, 1974. "A Note on the Welfare Foundations of Cost-Benefit Analysis," Working Paper 149, Economics Department, Queen's University.
    7. STÅLE Navrud & GERALD Pruckner, 1997. "Environmental Valuation – To Use or Not to Use? A Comparative Study of the United States and Europe," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 10(1), pages 1-26, July.
    8. Breslaw, Jon A & Smith, J Barry, 1995. "A Simple and Efficient Method for Estimating the Magnitude and Precision of Welfare Changes," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 10(3), pages 313-327, July-Sept.
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    10. repec:bla:perwir:v:1:y:2000:i:1:p:92-114 is not listed on IDEAS
    11. Paul R. Portney, 1994. "The Contingent Valuation Debate: Why Economists Should Care," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 3-17, Fall.
    12. Harrison, Glenn W. & Lesley, James C., 1996. "Must Contingent Valuation Surveys Cost So Much?," Journal of Environmental Economics and Management, Elsevier, vol. 31(1), pages 79-95, July.
    13. Charles Blackorby & David Donaldson, 1990. "A Review Article: The Case against the Use of the Sum of Compensating Variations in Cost-Benefit Analysis," Canadian Journal of Economics, Canadian Economics Association, vol. 23(3), pages 471-494, August.
    14. Vartia, Yrjo O, 1983. "Efficient Methods of Measuring Welfare Change and Compensated Income in Terms of Ordinary Demand Functions," Econometrica, Econometric Society, vol. 51(1), pages 79-98, January.
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