A comparison of direct and indirect methods for estimating environmental benefits

V. Kerry Smith; William H. Desvousges; Ann Fisher; R. C. Bishop

doi:10.2307/1241429

A comparison of direct and indirect methods for estimating environmental benefits

V. Kerry Smith, William H. Desvousges, Ann Fisher, R. C. Bishop

Research output: Contribution to journal › Article › peer-review

73 Scopus citations

Abstract

Two classes of methods are currently available to estimate consumers' valuations of improvements in environmental resources direct and indirect. This paper reports the results of a detailed comparison of the estimated recreational benefits associated with water quality improvements using one member of each class. The findings indicate that while the estimates are quite comparable, analyst judgment played a very important role in the development of both methods.

Original language	English (US)
Pages (from-to)	280-290
Number of pages	11
Journal	American Journal of Agricultural Economics
Volume	68
Issue number	2
DOIs	https://doi.org/10.2307/1241429
State	Published - May 1986
Externally published	Yes

Keywords

Benefit estimation
Contingent valuation
Travel cost
Water quality

ASJC Scopus subject areas

Agricultural and Biological Sciences (miscellaneous)
Economics and Econometrics

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10.2307/1241429

Cite this

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abstract = "Two classes of methods are currently available to estimate consumers' valuations of improvements in environmental resources direct and indirect. This paper reports the results of a detailed comparison of the estimated recreational benefits associated with water quality improvements using one member of each class. The findings indicate that while the estimates are quite comparable, analyst judgment played a very important role in the development of both methods.",

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AU - Fisher, Ann

AU - Bishop, R. C.

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KW - Travel cost

KW - Water quality

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A comparison of direct and indirect methods for estimating environmental benefits

Abstract

Keywords

ASJC Scopus subject areas

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