Nutzentransfer: Das Sparmodell der Umweltbewertung

Michael Ahlheim and Ulrike Lehr

Perspektiven der Wirtschaftspolitik, 2002, vol. 3, issue 1, 85-104

Abstract: Cost‐benefit analysis of environmental projects often requires economic valuation procedures that are time‐consuming and costly. Therefore, the wish to short‐cut these procedures comes naturally, e.g. using the so‐called “benefit transfer”. This method enables the researcher to use results from previous studies to calculate expected benefits of a planned project. In this paper we discuss the chances and limits of this approach from theoretical and empirical points of view. Starting from the welfare theoretical fundamentals of economic valuation we show that the road to any empirical measure is already marked by various assumptions. Taking a detailed look at the techniques of benefit transfers the paper arrives at recommendations for future benefit transfer studies.

Date: 2002
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