Applications of the contingent valuation method in developing countries : a survey /
Alberini, Anna.
Cooper, Joseph.
Food and Agriculture Organization of the United Nations.
Rome : Food and Agriculture Organization of the United Nations,
c2000.
Agriculture, in addition to producing food, hides and fibre, also provides many other goods and services not priced in the market. These include environmental outputs such as rural amenities and disamenities, but also social and cultural functions. The economic value of these non-market outputs can be assessed by estimating how much purchasing power people would be willing to give up to acquire those outputs if they were forced to make a choice. The contingent valuation menthod is one of the most widely used methodologies developed for the measurement of the value of non-market goods.
Includes bibliographical references (p. 39-42).
Agriculture, in addition to producing food, hides and fibre, also provides many other goods and services not priced in the market. These include environmental outputs such as rural amenities and disamenities, but also social and cultural functions. The economic value of these non-market outputs can be assessed by estimating how much purchasing power people would be willing to give up to acquire those outputs if they were forced to make a choice. The contingent valuation menthod is one of the most widely used methodologies developed for the measurement of the value of non-market goods.
Environmental economics
Environmental economics