Valuing Environmental and Natural Resources - Edward Elgar - Image 1

£120.00

Edward Elgar Publishing Valuing Environmental and Natural Resources - Edward Elgar

Name: Valuing Environmental and Natural Resources - Edward Elgar
Brand: Edward Elgar Publishing
Price: 125.0 GBP
Availability: InStock

Econometrics

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Description

Non-market valuation is a widely practiced method for measuring the economic value of our environment and natural resources. This book from the New Horizons in Environmental Economics series serves as a practical guide to the statistical and econometric practices used by economists today. Readers will learn how to estimate non-market values through a clear two-step procedure involving the estimation of demand and preference function parameters. The text provides a deep look into the econometric models that form the foundation of modern environmental economics. Whether you are studying econometrics or working in environmental policy, this resource covers essential methods including contingent valuation, travel cost models, random utility models, and hedonic models. It provides the technical framework necessary to understand how economic value is assigned to resources that do not have traditional market prices.

Key Features

Provides a comprehensive guide to the statistical and econometric practices used to estimate non-market values of natural resources.

Covers fundamental econometric models including contingent valuation and travel cost models for economic analysis.

Explains the application of random utility models and hedonic models within the field of environmental economics.

Breaks down the measurement of non-market values into a clear two-step procedure for estimating demand and preference functions.

Part of the professional New Horizons in Environmental Economics series published by Edward Elgar Publishing.

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1840647043
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 28 May 2002
Listed Since: 16 December 2006

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Edward Elgar Publishing Valuing Environmental and Natural Resources - Edward Elgar

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