Abstract
This paper discusses the implications of relative price change for public expenditure analysis involving natural environments. It develops a model which identifies those demand and supply factors which must be considered in the evaluation of the time stream of benefits associated with the amenity services provided by natural environments in their preserved status.
Original language | English (US) |
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Pages (from-to) | 121-131 |
Number of pages | 11 |
Journal | Journal of Environmental Economics and Management |
Volume | 1 |
Issue number | 2 |
DOIs | |
State | Published - Aug 1974 |
ASJC Scopus subject areas
- Economics and Econometrics
- Management, Monitoring, Policy and Law