VALUING THE MULTIDIMENSIONAL IMPACTS OF ENVIRONMENTAL-POLICY - THEORY AND METHODS

被引:85
作者
HOEHN, JP
机构
[1] Department of Agricultural Economics, Michigan State University
关键词
AIR QUALITY; BENEFIT COST ANALYSIS; CONTINGENT VALUATION; ENVIRONMENTAL POLICY; NATIONAL PARKS; NONMARKET VALUATION;
D O I
10.2307/1242713
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
A theoretically consistent framework is developed for valuing the multidimensional impacts of environmental policy. Conventional benefit estimates are shown to be biased because of the presence of substitution and complementarily effects in valuing policy impacts. Procedures are developed for implementing a valid framework. Consistent with theory, empirical results indicate significant substitution effects in valuing environmental conditions across different geographic regions.
引用
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页码:289 / 299
页数:11
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