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Cost-Benefit Analysis and the Environment

Author

Listed:
  • Giles Atkinson

    (London School of Economics)

  • Susana Mourato

    (London School of Economics)

Abstract

While the basic principles of cost-benefit analysis (CBA) are long-standing, the challenges entailed in applying these principles are constantly evolving. This paper reviews recent developments in environmental CBA since the publication of an OECD volume on this topic by Pearce et al. (2006). The character and direction of these developments also evolves over time and the current review reflects this process. Si les principes fondamentaux de l’analyse coûts-bénéfices (ACB) sont établis depuis longtemps, les problèmes liés à l’application de ces principes, en revanche, évoluent constamment. Ce document examine les récents développements en matière d’ACB environnementale intervenus depuis la publication par l'OCDE d’un ouvrage de Pearce et al. (2006) sur ce sujet. La nature et le sens de ces développements évoluent aussi dans le temps, et la présente étude prend en compte ce processus.

Suggested Citation

  • Giles Atkinson & Susana Mourato, 2015. "Cost-Benefit Analysis and the Environment," OECD Environment Working Papers 97, OECD Publishing.
  • Handle: RePEc:oec:envaaa:97-en
    DOI: 10.1787/5jrp6w76tstg-en
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    Cited by:

    1. Paul Mwebaze & Jeff Bennett & Nigel W. Beebe & Gregor J. Devine & Paul Barro, 2018. "Economic Valuation of the Threat Posed by the Establishment of the Asian Tiger Mosquito in Australia," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(2), pages 357-379, October.
    2. Massimiliano Mazzanti & Matteo Mazzarano & Andrea Pronti & Marco Quatrosi, 2020. "Fiscal policies, public investments and wellbeing: mapping the evolution of the EU," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 2(4), pages 725-749, December.
    3. Sergey Fomenko & Sanat Tolendiuly & Ahmet Turan & Adil Akishev, 2022. "Production of Refractory Bricks through Combustion Synthesis from Metallurgical Wastes and the Thermo-Physical Properties of the Products," Sustainability, MDPI, vol. 14(18), pages 1-15, September.
    4. Ivo Horák & Petr Marada, 2022. "Economic Evaluation of the Selected Ecologically Significant Element in Agriculture," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 70(4-5), pages 295-306.
    5. Patrizia Riganti, 2022. "Embedding Effects in Contingent Valuation Applications to Cultural Capital: Does the Nature of the Goods Matter?," Sustainability, MDPI, vol. 14(9), pages 1-17, May.
    6. Wallace, K.J. & Kim, M.K. & Rogers, A.A. & Jago, M., 2018. "Classifying values for planning the conservation and use of natural resources," Working Papers 276174, University of Western Australia, School of Agricultural and Resource Economics.

    More about this item

    Keywords

    analyse coûts-avantages; cost-benefit analysis; environmental policy; politique environnementale; évaluation des politiques;
    All these keywords.

    JEL classification:

    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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