Books  Sustainable Development  Economics, Business & Industry  Environmental Economics 

The Economic Value of Water Quality

Series: New Horizons in Environmental Economics

Edited By: John C Bergstrom, Kevin Boyle and Greg Poe

173 pages, Figs, tabs

Edward Elgar

Hardback | Aug 2001 | #107276 | ISBN: 1840640472
Availability: Usually dispatched within 6 days Details
NHBS Price: £72.00 $92/€86 approx

About this book

The authors of this in-depth study describe the theory and techniques that can be applied to the specific case of valuing potable drinking water provided by ground water supplies. The theory and techniques can be extended to valuing potable drinking water provided by surface water supplies, and also to valuing alternative levels of water quality. The theory and case studies discussed in the book suggest that important determinants of the economic value of water quality include the probability of contamination measured objectively and subjectively, information on actual levels of contamination in household water supplies, socioeconomic characteristics of households and the extent to which the values of water quality people hold include non-use components. The case study results also suggest that empirical valuation results are sensitive to study design effects such as the particular statistical technique used to estimate mean or median values. These results suggest that estimating water quality values using benefits transfer techniques is problematic, but perhaps feasible with improved data and valuation models.


Contents

Economic value of water quality - introduction and conceptual background, John C. Bergstrom, Kevin J. Boyle and Gregory L. Poe; determinants of ground water quality values - Georgia and Maine case studies, John C. Bergstrom, Kevin J. Boyle and Mitsuyasu Yabe; information and the valuation of nitrates in ground water, Portage County, Wisconsin, Gregory L. Poe and Richard C. Bishop; measuring the value of protecting ground water quality from nitrate contamination in Southeastern Pennsylvania, Donald J. Epp and Willard Delavan; ground water, surface water, and wetlands valuation in Ohio, Alan Randall, Damitha DeZoysa and Side Yu; assessing the accuracy of benefits transfers - evidence from a multi-site contingent valuation study of ground water quality, Timothy P. VandenBerg, Gregory L. Poe and John R. Powell; benefits transfer - the case of nitrate contamination in Pennsylvania, Georgia and Maine, Willard Delavan and Donald J. Epp; a preliminary meta-analysis of contingent values for ground water quality revisited, Gregory L. Poe, Kevin J. Boyle and John C. Bergstrom; summary and conclusions, Kevin J. Boyle, John C. Bergstrom and Gregory L. Poe.

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