Making benefit transfers work: deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe

I. J.  Bateman; R.  Brouwer; S. Ferrini; M. Schaafsma; D.N. Barton; Alex Dubgaard; Berit Hasler; S. Hime; I.  Liekens; S. Navrud; L. De Nocker; R. Sceponaviciute; D. Semeniene

doi:10.1007/s10640-011-9476-8

Making benefit transfers work: deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe

I. J. Bateman, R. Brouwer, S. Ferrini, M. Schaafsma, D.N. Barton, Alex Dubgaard, Berit Hasler, S. Hime, I. Liekens , S. Navrud, L. De Nocker, R. Sceponaviciute, D. Semeniene

127 Citations (Scopus)

Abstract

We implement a controlled, multi-site experiment to develop and test guidance principles for benefits transfers. These argue that when transferring across relatively similar sites, simple mean value transfers are to be preferred but that when sites are relatively dissimilar then value function transfers will yield lower errors. The paper also provides guidance on the appropriate specification of transferable value functions arguing that these should be developed from theoretical rather than ad-hoc statistical approaches. These principles are tested via a common format valuation study of water quality improvements across five countries. While this provides an idealised tested, results support the above principles and suggest directions for future transfer studies.

Original language	English
Journal	Environmental and Resource Economics
Volume	50
Issue number	3
Pages (from-to)	365-387
Number of pages	23
ISSN	0924-6460
DOIs	https://doi.org/10.1007/s10640-011-9476-8
Publication status	Published - Nov 2011

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Bateman, I. J., Brouwer, R., Ferrini, S., Schaafsma, M., Barton, D. N., Dubgaard, A., Hasler, B., Hime, S., Liekens , I., Navrud, S., Nocker, L. D., Sceponaviciute, R., & Semeniene, D. (2011). Making benefit transfers work: deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe. Environmental and Resource Economics, 50(3), 365-387. https://doi.org/10.1007/s10640-011-9476-8

Making benefit transfers work : deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe. / Bateman, I. J. ; Brouwer, R. ; Ferrini, S. et al.

In: Environmental and Resource Economics, Vol. 50, No. 3, 11.2011, p. 365-387.

Research output: Contribution to journal › Journal article › Research › peer-review

Bateman, IJ, Brouwer, R, Ferrini, S, Schaafsma, M, Barton, DN, Dubgaard, A, Hasler, B, Hime, S, Liekens , I, Navrud, S, Nocker, LD, Sceponaviciute, R & Semeniene, D 2011, 'Making benefit transfers work: deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe', Environmental and Resource Economics, vol. 50, no. 3, pp. 365-387. https://doi.org/10.1007/s10640-011-9476-8

Bateman IJ, Brouwer R, Ferrini S, Schaafsma M, Barton DN, Dubgaard A et al. Making benefit transfers work: deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe. Environmental and Resource Economics. 2011 Nov;50(3):365-387. doi: 10.1007/s10640-011-9476-8

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