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Predicted Vs. Estimated Welfare Measures: A Test Of The Benefits Transfer Method

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  • Intarapapong, Walaiporn
  • Hite, Diane
  • Jaafar, Abdul H.
  • Hudson, Darren

Abstract

Estimating non-market value on a site-by-site basis is a costly and time-consuming task. Benefits transfer is an alternative approach. We attempt to assess the bias and reliability of predicted value from the benefit transfer approach, using the U.S. Fish and Wildlife Services' National Survey of Fishing, Hunting and Wildlife Associated Recreation

Suggested Citation

  • Intarapapong, Walaiporn & Hite, Diane & Jaafar, Abdul H. & Hudson, Darren, 2000. "Predicted Vs. Estimated Welfare Measures: A Test Of The Benefits Transfer Method," 2000 Annual meeting, July 30-August 2, Tampa, FL 21748, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21748
    DOI: 10.22004/ag.econ.21748
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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. Downing, Mark & Ozuna, Teofilo Jr., 1996. "Testing the Reliability of the Benefit Function Transfer Approach," Journal of Environmental Economics and Management, Elsevier, vol. 30(3), pages 316-322, May.
    3. Desvouges, William H. & Naughton, Michael C. & Parsons, George R., 1992. "Benefits transfer: conceptual problems in estimating water quality benefits using existing studies," MPRA Paper 36405, University Library of Munich, Germany.
    4. Peter Kennedy, 2003. "A Guide to Econometrics, 5th Edition," MIT Press Books, The MIT Press, edition 5, volume 1, number 026261183x, December.
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