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An Examination of Recent Revealed Preference Valuation Methods and Results
Review of Environmental Economics and Policy ( IF 7.048 ) Pub Date : 2019-07-01 , DOI: 10.1093/reep/rez003
Robert Mendelsohn

In order to support the use of economics in environmental management, revealed preference studies continue to advance the measurement of environmental values. Together with integrated assessment models, these values are ever more useful for environmental management. This article briefly reviews revealed preference methods, which infer values from observed behavior. A new emphasis in this literature has been to exploit the intertemporal properties of panel data to value the environment. These panel methods have great potential, but the literature needs to develop theoretical and empirical best practices. The article also examines the latest empirical results across several environmental issues: climate change, pollution, and conservation. Valuation methods continue to be applied to additional issues and locations. Looking toward the future, technical change and economic growth suggest that additional pollutants and global-scale effects will emerge. Valuation methods need to keep pace with these new developments to be able to address the key environmental management challenges of the future.

中文翻译:

最近揭示的偏好评估方法和结果的检验

为了支持在环境管理中使用经济学,已公开的偏好研究继续推进环境价值的度量。这些值与集成的评估模型一起对于环境管理越来越有用。本文简要回顾了揭示的偏好方法,这些方法可以从观察到的行为中推断出价值。文献中的新重点是利用面板数据的时间跨度属性来评估环境。这些面板方法具有巨大的潜力,但是文献需要发展理论和经验的最佳实践。本文还研究了几个环境问题的最新实证结果:气候变化,污染和保护。评估方法继续应用于其他问题和位置。展望未来,技术变革和经济增长表明,还会出现其他污染物和全球范围的影响。评估方法需要与这些新发展保持同步,以便能够应对未来的关键环境管理挑战。
更新日期:2019-07-01
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