6. Economic Valuation of Environmental Impacts

  1. Norman Lee and
  2. Clive George
  1. Colin Kirkpatrick

Published Online: 2 JUL 2013

DOI: 10.1002/9781118685570.ch6

Environmental Assessment in Developing and Transitional Countries

Environmental Assessment in Developing and Transitional Countries

How to Cite

Kirkpatrick, C. (2000) Economic Valuation of Environmental Impacts, in Environmental Assessment in Developing and Transitional Countries (eds N. Lee and C. George), John Wiley & Sons, Ltd,., West Sussex, England. doi: 10.1002/9781118685570.ch6

Publication History

  1. Published Online: 2 JUL 2013
  2. Published Print: 27 JAN 2000

ISBN Information

Print ISBN: 9780471985563

Online ISBN: 9781118685570

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Keywords:

  • Contingent valuation method (CVM);
  • Economic value;
  • Environmental impact assessment (EIA);
  • Market prices and benefit transfer;
  • Property value/hedonic price method;
  • Replacement cost/preventive expenditure method;
  • Strategic environmental assessment (SEA);
  • Surrogate market valuation and travel cost methods;
  • Total economic value (TEV);
  • Willing to pay (WTP) and willing to accept (WTA)

Summary

The prelims comprise:

  • Introduction

  • The Concept of Economic Value

  • Valuation Techniques

  • Intertemporal Considerations: Choice of Discount Rate

  • Conclusions

  • Discussion Questions

  • Further Reading

  • References