How the valuation of environmental goods is related to income is a key question for economics, but the role of income inequality is often neglected. We study how income inequality affects the international transfer of the estimated value of environmental goods from a study to a policy site - a...

Information provided in valuation surveys has been shown to affect stated preferences, which in turn may matter for the validity and reliability of survey-based value estimates. Although such information effects are widely documented, the reasons underlying the effects are less established. We...

Assessment of climate change policies requires aggregation of costs and benefits over time and across generations, a process ordinarily done through discounting. Choosing the correct discount rate has proved controversial and highly consequential. To clarify past analysis and guide future work,...

Since Soviet times Lake Ülemiste has been closed to public access. The current practice of Tallinn may entail unnecessary losses of benefits to the local population. The aim of this paper is to find the value of the foregone benefits. In order to find this value, a contingent valuation (CVM)...

There is no abstract for this book chapter. It outlines one of the commonly used methods of valuing environmental improvements, discussing the implicit assumptions about perceptions that are embedded in this approach

The increasing evidence on climate change effects and loss of biodiversity highlights the need to integrate economic decision-making with environmental accounting. Using integrated economic modelling allows gathering evidence of the consequences of those economic choices that exploit natural...

The study examines the existence of a long run effect of fuel subsidy reforms on environmental quality in Nigeria for the period 1970 to 2012 using the Johansen and the Engle-Granger two step co-integration procedure techniques. Findings from the study supported evidence of a long run...

The study tests the popular belief that Democrats (and more generally, liberals) are “green” while Republicans (more generally, conservatives) are “brown”, for several measures of California air quality indicators. We employ two alternative econometric identification strategies on...

Travel cost recreation demand models stem from a simple, but penetrating, insight. Consumption of an outdoor recreation site's services requires the user to incur the costs of a trip to that site. Travel costs serve as implicit prices. These costs reflect both people's distances from recreation...

Recreational services are demanded because they generate benefits. The recreational benefits connected with a destination can be valued based on visitor preferences, which can aid in the formulation of an appropriate Natural Resource Management policy. Environmental and natural resource...