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Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
CSERGE Working Paper EDM No. 09-10
Verlag: 
University of East Anglia, The Centre for Social and Economic Research on the Global Environment (CSERGE), Norwich
Zusammenfassung: 
We develop and test guidance principles for benefits transfers. These argue that when transferring across relatively similar sites, simple mean value transfers are to be preferred but that when sites are relatively dissimilar then value function transfers will yield lower errors. The paper also provides guidance on the appropriate specification of transferable value functions arguing that these should be developed from theoretical rather than ad-hoc statistical principles. These principles are tested via a common format valuation study of water quality improvements across five countries. Results support our various hypotheses providing a set of principles for future transfer studies. The application also considers new ways of incorporating distance decay, substitution and framing effects within transfers and presents a novel water quality ladder.
Schlagwörter: 
Non-market valuation
stated preference
benefit transfers
transfer errors
methodology
water quality
Dokumentart: 
Working Paper

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