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Economic Values and the Environment in the Developing World [Hardback]

  • Formāts: Hardback, 192 pages, height x width: 234x156 mm
  • Izdošanas datums: 10-Apr-1997
  • Izdevniecība: Edward Elgar Publishing Ltd
  • ISBN-10: 1858985005
  • ISBN-13: 9781858985008
  • Hardback
  • Cena: 132,74 €
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  • Formāts: Hardback, 192 pages, height x width: 234x156 mm
  • Izdošanas datums: 10-Apr-1997
  • Izdevniecība: Edward Elgar Publishing Ltd
  • ISBN-10: 1858985005
  • ISBN-13: 9781858985008
This important new book is an extensive, yet concise overview which critically surveys the application of economic valuation techniques to environmental problems in less developed countries. The authors argue that economic valuation has just as important a role to play in the developing as in the developed world in valuing environmental resources and change. Additionally, the information which such techniques provide is invaluable when helping to devise sound environmental policies. The book demonstrates that economic valuation is of extreme importance in raising the profile of the environmental aspects of development initiatives and policies, and that the application of economic valuation is both widespread and successful in developing countries.

This book will be essential reading for professional environmental economists, particularly those working in the developing world, project appraisal analysts, policymakers in development organizations and graduate students of development and environmental economics.

Recenzijas

'This collection is an extensive, yet concise, overview that critically surveys the application of economic valuation techniques to environmental problems in less developed countries.'

List of Figures
viii(1)
List of Tables
ix(1)
Preface and Acknowledgements x
1 Introduction
1(20)
1.1 The Issue of Choice
1(2)
1.2 Whose Values Count?
3(1)
1.3 Economic Valuation and the Developing World
4(1)
1.4 What is Economic Valuation?
4(3)
1.5 Total Economic Value
7(2)
1.6 Why Derive Economic Values?
9(8)
1.7 Economic Valuation and Income Distribution
17(4)
2 Economic Valuation Methodology
21(33)
2.1 Introduction
21(1)
2.2 Economic Valuation and the Measurement of Wellbeing
22(2)
2.3 Types of Economic Value
24(1)
2.4 Willingness-to-Pay versus Willingness-to-Accept
25(1)
2.5 Valuation Techniques
26(2)
2.6 Stated Preference Approaches - Contingent Valuation
28(7)
2.7 Stated Preference Approaches - Contingent Ranking
35(1)
2.8 Stated Preference Approaches - Conjoint Analysis
36(1)
2.9 Indirect Valuation
36(1)
2.10 Surrogate Market Approaches - Averting Behaviour
37(1)
2.11 Surrogate Market Approaches - Travel Cost
38(6)
2.12 Surrogate Market Approaches - Hedonic Pricing
44(3)
2.13 Conventional Market Approaches - Dose-Response
47(3)
2.14 Conventional Market Approaches - Replacement Cost
50(1)
2.15 Benefits Transfer
50(4)
3 Selected Case Studies in Economic Valuation
54(49)
3.1 Introduction
54(1)
3.2 Contingent Valuation: Household Demand for Improved Sanitation in Kumasi, Ghana
54(7)
3.3 Travel Cost Method: Valuing Eco-tourism in a Tropical Rainforest Reserve
61(3)
3.4 Hedonic Pricing: Willingness-to-Pay for Water in the Philippines
64(5)
3.5 Contingent Valuation: Water Quality in Barbados and Uruguay
69(8)
3.6 Opportunity Cost Approach and Contingent Valuation: Forest Functions in Madagascar
77(5)
3.7 Random Utility Model: Water Supply in Pakistan
82(6)
3.8 Contingent Valuation: Water Quality in the Philippines
88(5)
3.9 Production Function Analysis: Afforestation Benefits in Nigeria
93(2)
3.10 Production Function Analysis of Health Costs of Air Pollution in Brazil
95(4)
3.11 Production Function and Implicit Willingness-to-Pay for Unique Rainforest: Cameroon
99(4)
4 Guidelines for Economic Valuation
103(11)
4.1 Lessons from an Overview of the Literature on Valuation Techniques
103(4)
4.2 Choosing Valuation Techniques
107(1)
4.3 Summary of Valuation Techniques and Their Relative Strengths
108(6)
5 Problems with Applying Valuation Techniques in Developing Economies
114(4)
5.1 Introduction
114(1)
5.2 Data Problems
114(1)
5.3 Rapid Appraisal versus Intensive Surveys
115(1)
5.4 Time and the Discount Rate
116(1)
5.5 Training and Environmental Economics
116(2)
6 Annotated Bibliography
118(43)
6.1 General References
118(4)
6.2 Biodiversity
122(6)
6.3 Climate Change
128(1)
6.4 Coastal Areas
129(1)
6.5 Discount Rates
130(1)
6.6 Forest Function
130(7)
6.7 Health
137(3)
6.8 Marine and Coastal Areas
140(2)
6.9 National Accounting
142(3)
6.10 Recreation and Ecotourism
145(2)
6.11 Sanitation
147(1)
6.12 Soil Erosion and Land Degradation
148(4)
6.13 Solid Waste Management
152(1)
6.14 Statistical Life
152(1)
6.15 Water Supply
152(5)
6.16 Water Quality
157(1)
6.17 Wetlands
158(3)
Index 161
Stavros Georgiou, Senior Research Associate, CSERGE, University of East Anglia, UK, Dale Whittington, Professor of Environmental Sciences and Engineering and Professor of City and Regional Planning, University of North Carolina, US, the late David Pearce, formerly Emeritus Professor of Economics, University College London, UK and Dominic Moran, Scottish Agricultural College, Edinburgh, UK