Determining the Economic Value of Water : Concepts and Methods

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Cover; Determining the Economic Valueof Water; Copyright; Contents; Preface; Part I: The Economic Value of Water: Concepts and Theory; Chapter 1. Water, Economics, and the Nature of Water Policy Issues; 1.1 Why Is Nonmarket Valuation Needed?; 1.2 The Role of Economic Valuation in Water Management; 1.3 The Nature of Economics and the Evaluation of Public Policies; Chapter 2. Conceptual Framework and Special Problems in Valuing Water; 2.1 Economic Value Versus Other Concepts of Value; 2.2 Economic Criteria for Resource Allocation and Valuation

2.3 Economic Valuation in the Absence of Market Prices2.4 What Types of Water Values Can Be Identified?; 2.5 Looking Ahead: An Overview and Taxonomy of Water Valuation Methods; Chapter 3. Methods for Valuing Producers' Uses of Water; 3.1 Some Preliminaries; 3.2 Basic Welfare Concepts for Valuing Water in Producers' Good Uses; 3.3 Applied Valuation of Producers' Water Uses with Deductive Techniques; 3.4 The Basic Residual Method 1: The Product Exhaustion Theorem; 3.5 The Basic Residual Method 2: The Theory of Economic Rents; 3.6 Practical Issues in Implementing a Residual Analysis

3.7 The Special Problem of Owned Inputs in Residual Imputations3.8 Extensions: The Change in Net Rents Method and Mathematical Programming Models; 3.9 Misconceived Water Valuation Methods with Versions of the Residual Method; 3.10 Concluding Evaluation of the Residual Method; 3.11 The Alternative Cost Method and Other Less-Used Deductive Techniques; 3.12 Valuing Producers' Water Using Inductive Techniques; 3.13 Concluding Comments on Valuation in Producers' Uses; Chapter 4. Applied Methods of Valuation of Water as Environmental Public Goods

4.1 Revealed Preference Methods for Environmental Valuation4.2 Travel Cost Methods; 4.3 The Hedonic Property Value Method Once Again; 4.4 Defensive Behavior and Damage Cost Methods; 4.5 Expressed Preference Methods; 4.6 The Contingent Valuation Method; 4.7 Choice Modeling; 4.8 Concluding Comments on Expressed Preference Methods; 4.9 Benefit Transfer; 4.10 General Conclusions Regarding Valuation of Water-Related Public Goods; Part II: Applications of Valuation Methods; Chapter 5. Valuation of Water Used in Irrigated Crop Production; 5.1 Background

5.2 Recapitulation of the Conceptual Framework for Valuing Irrigation Water5.3 The Water-Crop Production Function; 5.4 Inductive Techniques for Valuing Irrigation Water; 5.5 Other Inductive Methods Using Primary and Secondary Data for Valuing Irrigation Water; 5.6 Deductive Techniques for Valuing Irrigation Water: The Residual Method and Variations; 5.7 The Alternative Cost Method Applied to Valuing Irrigation Water; 5.8 Measuring Benefits of Improved Quality of Irrigation Water; 5.9 Concluding Remarks on Valuation of Irrigation Water; Chapter 6. Valuing Water Used by Industry

6.1 Industrial Water Use

I: The economic value of water: concepts and theoryWater, economics, and the nature of water policy issues -- Conceptual framework and special problems in valuing water -- Methods for valuing producers' uses of water -- Applied methods for valuation of water as environmental public goods -- II: Applications of valuation methods -- Valuation of water used in irrigated crop production -- Valuing water used by industry -- Valuing water in municipal uses -- Valuation of selected water-related public goods.

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