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Visual Disamenity in the Queensland Wet Tropics: Estimating the Economic Impacts of Overhead Transmission Lines

Steve Harrison
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Steve Harrison: University of Queensland

Economic Analysis and Policy (EAP), 2002, vol. 32, issue 2, pages 173-188

Abstract: This paper examines procedures and findings in estimation of the "visual disamenity cost" associated with installation of high-voltage overhead power lines in the Wet Tropics of Queensland. The study was performed within a short timeframe and small budget, hence the need to design a relatively simple and cost-effective approach, yet one which would yield acceptable information on environmental values. An extensive literature review and advice from a number of resource economists indicated that there was little information from previous studies to support benefit transfer methodology. It was found possible to estimate disamenity costs to ecotourism operation (using a simplified travel cost approach), agricultural operations (based on compensation payments) and residential property values (through a simplified hedonic price approach). A planned contingent valuation of the intrusive effect of the transmission lines through rainforest areas did not proceed, due at least in part to the political sensitivity of this issue.

Keywords: Resources (search for similar items in EconPapers)
JEL-codes: Q23 Q26 (search for similar items in EconPapers)
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Handle: RePEc:eap:articl:v:32:y:2002:i:2:p:173-188