Is Meta-Analysis a Noah's Ark for Non-Market Valuation?

This paper describes meta-analytical methods as they have been appliedto non-market valuation research. These studies have been used to reviewand synthesize literature and, more recently, in benefit transfer. Thissecond use imposes a higher standard on the consistency in economicconcepts being summa...

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Veröffentlicht in:Environmental & resource economics 2002-06, Vol.22 (1-2), p.271-296
Hauptverfasser: Smith, V. Kerry, Pattanayak, Subhrendu K
Format: Artikel
Sprache:eng
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Zusammenfassung:This paper describes meta-analytical methods as they have been appliedto non-market valuation research. These studies have been used to reviewand synthesize literature and, more recently, in benefit transfer. Thissecond use imposes a higher standard on the consistency in economicconcepts being summarized and in the resources included in ameta-analysis. To meet this need, the paper proposes and illustrates astructural framework using a generalized method of moments estimator toestimate the parameters of a preference function with the benefitsestimates usually encountered in meta-analytic summaries.
ISSN:0924-6460
1573-1502
DOI:10.1023/A:1015567316109