IDEAS home Printed from https://ideas.repec.org/a/spr/anresc/v31y1997i3p299-324.html
   My bibliography  Save this article

"Plug-in" shadow price estimates for policy analysis

Author

Listed:
  • David H. Greenberg

    (Department of Economics, 1000 Hilltop Circle, University of Maryland Baltimore County, Baltimore, MD 21228, USA)

  • Aidan R. Vining

    (Faculty of Business Administration, Simon Fraser University, Burnaby, British Columbia, Canada V7A 1S6)

  • David L. Weimer

    (Public Policy Analysis Program, University of Rochester, Rochester, NY 14627, USA)

  • Anthony E. Boardman

    (Faculty of Commerce and Business Administration, 2053 Main Mall, University of British Columbia, Vancouver, British Columbia, Canada V6T 1Z2)

Abstract

In assessing existing or proposed public policies, analysts often need shadow price estimates for one or two key items - for example, the value of a human life, the cost of various types of injuries, the cost of a robbery or the value of an hour of travel time saved. This paper provides estimates of the values of many, frequently encountered impacts. These estimates are intended to be "plugged-in" to analyses of policy alternatives. Although these estimates may not be sufficiently accurate for some policy decisions, they will be very helpful in many policy situations.

Suggested Citation

  • David H. Greenberg & Aidan R. Vining & David L. Weimer & Anthony E. Boardman, 1997. ""Plug-in" shadow price estimates for policy analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 31(3), pages 299-324.
    • Handle: RePEc:spr:anresc:v:31:y:1997:i:3:p:299-324
    Note: Received: 15 August 1996 / Accepted in revised form: 19 February 1997
    as

    Download full text from publisher

    File URL: http://link.springer.de/link/service/journals/00168/papers/7031003/70310299.pdf
    Download Restriction: Access to the full text of the articles in this series is restricted
    File URL: http://link.springer.de/link/service/journals/00168/papers/7031003/70310299.ps.gz
    Download Restriction: Access to the full text of the articles in this series is restricted
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aidan R. Vining & David L. Weimer, 2019. "The Value of High School Graduation in the United States: Per-Person Shadow Price Estimates for Use in Cost–Benefit Analysis," Administrative Sciences, MDPI, vol. 9(4), pages 1-15, October.
    2. Anthony Boardman & Jeff Geng & Bruno Lam, 2020. "The Social Cost of Informal Electronic Waste Processing in Southern China," Administrative Sciences, MDPI, vol. 10(1), pages 1-20, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:anresc:v:31:y:1997:i:3:p:299-324. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.