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The European Water Framework Directive (WFD) requires the good ecological status of surface water bodies, which implies the improvement of both their physicochemical condition, as well as their flow and continuity. The WFD prescribes the assessment of environmental and resource costs and...
Persistent link: https://www.econbiz.de/10010794235
The aim of this paper is to contribute to the still scarce literature on Cost-Effectiveness Analysis (CEA) in the context of the EU Water Framework Directive (WFD) in water scarce areas illustrated through a case study in Southern Spain. CEA is the preferred method to select policy measures to...
Persistent link: https://www.econbiz.de/10010794572
Typical convergent validity tests of benefit transfer based on stated preference data assume that willingness to pay (WTP) estimates have been accurately measured, and that differences in WTP arise from differences in observable and unobservable characteristics between the study and the policy...
Persistent link: https://www.econbiz.de/10011241759