Using economic valuation techniques to inform water resources management: a survey and critical appraisal of available techniques and an application

The Science of the Total Environment
Ekin BirolPhoebe Koundouri

Abstract

The need for economic analysis for the design and implementation of efficient water resources management policies is well documented in the economics literature. This need is also emphasised in the European Union's recent Water Framework Directive (2000/60/EC), and is relevant to the objectives of Euro-limpacs, an EU funded project which inter alia, aims to provide a decision-support system for valuing the effects of future global change on Europe's freshwater ecosystems. The purpose of this paper is to define the role of economic valuation techniques in assisting in the design of efficient, equitable and sustainable policies for water resources management in the face of environmental problems such as pollution, intensive land use in agriculture and climate change. The paper begins with a discussion of the conceptual economic framework that can be used to inform water policy-making. An inventory of the available economic valuation methods is presented and the scope and suitability of each for studying various aspects of water resources are critically discussed. Recent studies that apply these methods to water resources are reviewed. Finally, an application of one of the economic valuation methods, namely the contingent valuatio...Continue Reading

References

Sep 23, 2003·The Science of the Total Environment·L R Burton
May 16, 2006·The Science of the Total Environment·Andrew J Wade

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Citations

May 15, 2013·The Science of the Total Environment·Angel Perni, José M Martínez-Paz
Sep 11, 2009·International Journal of Environmental Research and Public Health·Kyriaki Remoundou, Phoebe Koundouri
Feb 2, 2016·Journal of Environmental Management·Ken J WallaceMichael J Smith
Jul 30, 2010·The Science of the Total Environment·María Molinos-SenanteRamón Sala-Garrido
Nov 12, 2009·The Science of the Total Environment·Francesc Hernández-SanchoRamón Sala-Garrido
Jun 18, 2015·The Science of the Total Environment·Carmen Rupérez-MorenoMaria del Pilar Flores-Asenjo
May 16, 2006·The Science of the Total Environment·Andrew J Wade
Sep 16, 2014·Regulatory Toxicology and Pharmacology : RTP·Silke GabbertHans-Christian Stolzenberg
May 8, 2016·Journal of Environmental Management·W J de LangeP J Oberholster
Oct 1, 2016·Environmental Science & Technology·Antonia HadjimichaelJoaquim Comas
Nov 7, 2012·Journal of Environmental Monitoring : JEM·Faridah OthmanIbrahim Mohamed
Apr 27, 2011·Environmental Management·Slim ZekriSaif Al-Shaqsi
Oct 5, 2019·International Journal of Environmental Research and Public Health·Imran KhanMinjuan Zhao
Oct 7, 2015·Environmental Monitoring and Assessment·Rebecca N BushonBruce D Lindsey
May 28, 2008·Environmental Science and Pollution Research International·Stina Alriksson, Tomas Oberg
Jul 7, 2019·International Journal of Environmental Research and Public Health·Susan Harrell YeeKirsten Winters
Jan 22, 2020·Environmental Science and Pollution Research International·Joongha AhnJaena Ryu
Aug 6, 2018·The Science of the Total Environment·F AlconM D de-Miguel
Mar 6, 2021·The Science of the Total Environment·Tobias BörgerTim Taylor
Jul 31, 2021·The Science of the Total Environment·Frank A WardSaud A Amer

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