A New Strategy for Benefits Transfer

This paper calls for re-focusing the analysis of existing results to evaluate whether there are stable ratios of use value to total willingness to pay for improvements in different types of environmental resources. The objective is to develop a screening tool to determine if decisions about the assu...

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Veröffentlicht in:Environmental & resource economics 2022, Vol.81 (1), p.155-178
Hauptverfasser: Smith, V Kerry, Shaw, W. Douglass, Welsh, Michael P., Dixon, Chris, Mc Donald, Lisa
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container_end_page 178
container_issue 1
container_start_page 155
container_title Environmental & resource economics
container_volume 81
creator Smith, V Kerry
Shaw, W. Douglass
Welsh, Michael P.
Dixon, Chris
Mc Donald, Lisa
description This paper calls for re-focusing the analysis of existing results to evaluate whether there are stable ratios of use value to total willingness to pay for improvements in different types of environmental resources. The objective is to develop a screening tool to determine if decisions about the assumed number of users versus nonusers of a resource are likely to be important to aggregate benefit measures for changes in the amount or quality of different environmental resources. Four sets of applications involving different aspects of water resources are considered: nutrients in the Neuse River affecting the Albemarle-Pamlico Estuary; nutrients in the Chesapeake Bay; whitewater rafting on the Colorado River; and the Deepwater Oil Spill in the Gulf of Mexico. The findings suggest a need to add the evaluation of these ratios to the research agenda in benefits transfer.
doi_str_mv 10.1007/s10640-021-00623-4
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subjects Economic Policy
Economics
Economics and Finance
Environmental Economics
Environmental Law/Policy/Ecojustice
Environmental Management
Estimates
Estuaries
Evaluation
Nutrients
Oil spills
Pollutants
Rivers
Water quality
Water resources
White water
Willingness to pay
title A New Strategy for Benefits Transfer
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