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Investing in Water Quality: Measuring Benefits, Costs and Risks

Author

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  • Russell, Clifford S.
  • Vaughan, William J.
  • Clark, Christopher D.
  • Rodríguez, Diego J.
  • Darling, Arthur H.

Abstract

Investing in Water Quality: Measuring Benefits, Costs and Risks, explores the methods and analytical tools available for making better investment decisions when our knowledge of the costs and benefits of water quality improvement is imprecise and the future is uncertain. The study demonstrates how water quality and economic analysis models can be integrated to measure the net benefits of improvement in ambient water quality, quantify the degree of project risk introduced by imperfect knowledge, and reach informed investment decisions that reflect local preferences. This is an indispensable guide for anyone working to reduce urban water pollution in developing countries.

Suggested Citation

  • Russell, Clifford S. & Vaughan, William J. & Clark, Christopher D. & Rodríguez, Diego J. & Darling, Arthur H., 2001. "Investing in Water Quality: Measuring Benefits, Costs and Risks," IDB Publications (Books), Inter-American Development Bank, number 297, October.
    • Handle: RePEc:idb:idbbks:297
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    References listed on IDEAS

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    1. Whittington, Dale & Lauria, Donald T. & Mu, Xinming, 1991. "A study of water vending and willingness to pay for water in Onitsha, Nigeria," World Development, Elsevier, vol. 19(2-3), pages 179-198.
    2. Wilman, Elizabeth A., 1980. "The value of time in recreation benefit studies," Journal of Environmental Economics and Management, Elsevier, vol. 7(3), pages 272-286, September.
    3. Whittington, Dale & Briscoe, John & Mu, Xinming & Barron, William, 1990. "Estimating the Willingness to Pay for Water Services in Developing Countries: A Case Study of the Use of Contingent Valuation Surveys in Southern Haiti," Economic Development and Cultural Change, University of Chicago Press, vol. 38(2), pages 293-311, January.
    4. Whittington, Dale & Mu, Xinming & Roche, Robert, 1990. "Calculating the value of time spent collecting water: Some estimates for Ukunda, Kenya," World Development, Elsevier, vol. 18(2), pages 269-280, February.
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    Cited by:

    1. Onil Banerjee & Martin Cicowiez & Adela Moreda, 2017. "Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit Analysis," CEDLAS, Working Papers 0207, CEDLAS, Universidad Nacional de La Plata.

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