Is meta-analysis a Noah's Ark for non-market valuation?

V. Kerry Smith, Subhrendu K. Pattanayak

Research output: Contribution to journalArticle

118 Scopus citations

Abstract

This paper describes meta-analytical methods as they have been applied to non-market valuation research. These studies have been used to review and synthesize literature and, more recently, in benefit transfer. This second use imposes a higher standard on the consistency in economic concepts being summarized and in the resources included in a meta-analysis. To meet this need, the paper proposes and illustrates a structural framework using a generalized method of moments estimator to estimate the parameters of a preference function with the benefits estimates usually encountered in meta-analytic summaries.

Original languageEnglish (US)
Pages (from-to)271-296
Number of pages26
JournalEnvironmental and Resource Economics
Volume22
Issue number1-2
DOIs
StatePublished - Jun 26 2002

Keywords

  • Benefit transfer
  • Meta-analysis

ASJC Scopus subject areas

  • Economics and Econometrics
  • Management, Monitoring, Policy and Law

Fingerprint Dive into the research topics of 'Is meta-analysis a Noah's Ark for non-market valuation?'. Together they form a unique fingerprint.

  • Cite this