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Assessing the Accuracy of Benefits Transfers: Evidence from a Multi-State Contigent Valuation Study of Groundwater Quality

Author

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  • VandenBerg, Timothy P.
  • Poe, Gregory L.
  • Powell, John R.

Abstract

Using a multi-site valuation study of groundwater quality, this paper compares the accuracy of alternative methods of transferring values from study sites to policy sites. Transferring benefit functions is more accurate than transfers of average contingent values. Relative accuracy is highly dependent on how study sites are grouped.

Suggested Citation

  • VandenBerg, Timothy P. & Poe, Gregory L. & Powell, John R., 1995. "Assessing the Accuracy of Benefits Transfers: Evidence from a Multi-State Contigent Valuation Study of Groundwater Quality," Working Papers 127936, Cornell University, Department of Applied Economics and Management.
    • Handle: RePEc:ags:cudawp:127936
    DOI: 10.22004/ag.econ.127936
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    Cited by:

    1. Duffield, John W. & Neher, Chris J. & Patterson, David & Loomis, John, 2013. "Valuation of Recreation in the National Parks: Estimating Micro Meta Models for Benefit Transfer," Western Economics Forum, Western Agricultural Economics Association, vol. 12(1), pages 1-15.
    2. Bergstrom, John C., 1996. "Current Status Of Benefits Transfer In The U.S.: A Review," Faculty Series 16636, University of Georgia, Department of Agricultural and Applied Economics.
    3. Robert J. Johnston & Joshua M. Duke, 2009. "Willingness to Pay for Land Preservation across States and Jurisdictional Scale: Implications for Benefit Transfer," Land Economics, University of Wisconsin Press, vol. 85(2), pages 217-237.
    4. Balderas Torres, Arturo & MacMillan, Douglas C. & Skutsch, Margaret & Lovett, Jon C., 2015. "Reprint of ‘Yes-in-my-backyard’: Spatial differences in the valuation of forest services and local co-benefits for carbon markets in México," Ecological Economics, Elsevier, vol. 117(C), pages 283-294.
    5. Poe, Gregory L., 1997. "Valuation Of Groundwater Quality Contingent Values, Public Policy Needs, And Damage Functions," Working Papers 7262, Cornell University, Department of Applied Economics and Management.
    6. Balderas Torres, Arturo & MacMillan, Douglas C. & Skutsch, Margaret & Lovett, Jon C., 2015. "‘Yes-in-my-backyard’: Spatial differences in the valuation of forest services and local co-benefits for carbon markets in México," Ecological Economics, Elsevier, vol. 109(C), pages 130-141.

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    Keywords

    Resource /Energy Economics and Policy;

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