Small-scale renewable electricity generation projects have the potential to address not just the need to reduce greenhouse gas emissions to combat climate change, but also to provide local, sustainable economic and community revitalization. In this paper, we have proposed a small hydroelectric...

In this study, we have constructed a valuation model based on the CVM consistent with the TCM, in order to measure the use and the non-use values of environmental goods consistently. And the practicality of our model has been examined, by applying this model to measurement of environmental...

Modeling a micro-structure of agglomeration economies, this article derives a second-best benefit evaluation formula for urban transportation improvements. Without explicitly modeling the sources of agglomeration economies, Venables (JTEP 2007) investigated the same problem. This article...

The City of Batumi, Georgia had suffered from a complete disintegration in public transport after the collapse of the Soviet Union in the 1990s. However, recently the city has undergone a revival period that has seen investment in all municipal sectors, including public transport. The...