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
Subjects:
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Collection: OECD Books and Papers - Collection details see MPG.ReNa
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505 0 |a Chapter 1. Introduction by Douglas Macmillan -- Part I. Assessing Demand and Deriving Value -- Chapter 2. Valuation Techniques and Benefit Transfer Methods: Strengths, Weaknesses and Policy Utility by Stale Navrud -- Chapter 3. Problems and Potential in Valuing Multiple Outputs: Externality and Public-Good Non-Commodity Outputs from Agriculture by Jose Manuel Lima e Santos -- Chapter 4. Valuation by Whom, for Whom? Questions of Legitimacy by John Foster and Robin Grove-White -- Part 2. The Supply Side: Transforming Values into Revenues -- Chapter 5. Current Policy Instruments: Rationale, Strengths, and Weaknesses by Ian Hodge -- Chapter 6. Establishing Effective Incentives in Practice: The Role of Valuation and Influence of Other Factors by Ralph Heimlich -- Chapter 7. Rural Amenities and their Valuation: Wider Questions for Policy-Makers by David Baldock -- Chapter 8. Contributions to the Concluding Roundtable -- Hans-Christian Beaumond, EC -- Eva Blanco, Spain -- Bruce Bowen, Australia -- Carmel Cahill, OECD -- Kenji Yoshinaga, Japan -- Chapter 9. Conclusions 
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520 |a 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