Valuing Rural Amenities

Economic valuation is widely used in OECD countries as a way of assessing the (usually monetary) value of goods that have no markets. In the rural context, valuation methods are used to argue for or against projects and policy choices in areas as diverse as agricultural support policies, local econo...

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Corporate Author: Organisation for Economic Co-operation and Development
Format: eBook
Language:English
Published: Paris OECD Publishing 2001, 2001
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Collection: OECD Books and Papers - Collection details see MPG.ReNa
Summary:Economic valuation is widely used in OECD countries as a way of assessing the (usually monetary) value of goods that have no markets. In the rural context, valuation methods are used to argue for or against projects and policy choices in areas as diverse as agricultural support policies, local economic development, land use and biodiversity assessment.This volume reviews a range of different valuation methodologies -- stated preferences, cost-benefit, revealed preferences, and others -- and looks at how these different approaches influence choices in rural policy. Its aim is to assess whether some set of international guidelines or standards could be used to reduce the subjectivity of the evidentiary information
Physical Description:184 p. ill. 16x23cm
ISBN:9789264192126