IDEAS home Printed from https://ideas.repec.org/p/ags/aaea04/20414.html
   My bibliography  Save this paper

Valuing Marginal Changes In The Quality Of An Environmental Asset

Author

Listed:
  • Hansen, LeRoy T.
  • Hellerstein, Daniel

Abstract

We present a model that extends the replacement cost theory to cases where benefits are restored for multiple years. Our theoretical framework derives a functional relationship between investments expenditures and environmental benefits. By extending the investment framework, we model reservoir benefits as a function of marginal changes in soil erosion.

Suggested Citation

  • Hansen, LeRoy T. & Hellerstein, Daniel, 2004. "Valuing Marginal Changes In The Quality Of An Environmental Asset," 2004 Annual meeting, August 1-4, Denver, CO 20414, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20414
    DOI: 10.22004/ag.econ.20414
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/20414/files/sp04ha13.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.20414?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Environmental Economics and Policy;

    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:ags:aaea04:20414. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    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.