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Environmental Economics

The International Yearbook of Environmental and Resource by Thomas H. Tietenberg, Henk Folmer

By Thomas H. Tietenberg, Henk Folmer

This significant annual e-book presents a state of the art survey of up to date examine on environmental and source economics via a few of the best specialists within the box. The serious concerns addressed during this year’s quantity comprise: • contingent valuation • environmental coverage, technological switch and fiscal development • land use judgements and coverage • sustainability signs • price move and environmental coverage • joint implementation in weather swap coverage • environmentally destructive subsidies.

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Extra resources for The International Yearbook of Environmental and Resource Economics 2004 2005: A Survey of Current Issues (New Horizons in Environmental Economics)

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If we select California beaches as Fifty years of contingent valuation 35 the location (recognizing the history of spills on the central coast of California, including the most recent associated with the American Trader case),57 then we would have two sets of information available. 58 The second is a large-scale contingent valuation survey sponsored by the State of California and the US Department of Justice. iii). The first data set reflects on-site use values from beach recreation. It seems reasonable to expect this behavior would be influenced by concern for injuries from oil to ‘birds and inter-tidal life’ impacted by oil spills along the central coast.

B The 12 PSUs selected from NORC’s master area probability sample were: Baltimore, MD; Birmingham, AL; Boston, MA; Charleston, SC; Harrisburg, PA; Ft. Wayne, IN; Manchester, NY; Nicholas County, KY; Portland, OR; Richmond, VA; Seattle, WA; and Tampa, FL. c The four species include two birds: bald eagles, peregrine falcons; and two fish: white croaker and kelp bass. See Carson et al. (1994) for the description of the injuries. The time period for natural recovery was described as 50 years. d For the scope scenario only the two fish species were described as injured, and the time period for natural recovery was reduced to 15 years.

At the end of the implementation of the plan, the description associated with the CV question indicated that the recovery would be complete. Thus, in the base situation households were asked about a plan that would reduce the recovery time by 45 years. In the scope sample, the number of impacted species was reduced to two – the two fish – and the time for natural recovery was described as 15 years. The time described for the plan to be completed remained at five years. Several aspects of the development of these scenarios and implementation of the scope test are not necessarily apparent from this summary.

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