EconPapers    
Economics at your fingertips  
 

BROADENING THE CONCEPT AND MEASUREMENTS OF EXISTENCE VALUE

John Loomis

Northeastern Journal of Agricultural and Resource Economics, 1988, vol. 17, issue 1, 7

Abstract: Recent efforts to refine the concept of existence value and to empirically measure it has led to an unnecessary narrowing of the concept of existence value. This paper uses the literature on public goods to argue that existence value is a much broader concept than proposed by several authors. Two commonly used but different empirical approaches to measuring existence values are compared and shown to lead to statistically different decompositions of total value between use and existence categories.

Keywords: Research; Methods/; Statistical; Methods (search for similar items in EconPapers)
Date: 1988
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
https://ageconsearch.umn.edu/record/29068/files/17010023.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:nejare:29068

DOI: 10.22004/ag.econ.29068

Access Statistics for this article

More articles in Northeastern Journal of Agricultural and Resource Economics from Northeastern Agricultural and Resource Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2022-09-29
Handle: RePEc:ags:nejare:29068